World Trade Indicators Ravindra A. Yatawara Data Day at the WTO May 18 th - May 19 th to 2009 Geneva, Switzerland
What is the WTI Project? Comprehensive database of trade-related indicators of policy and performance Yearly data from (thanks to ITC for ) Information on other trade databases and links Online Tool- Benchmarking and Ranking Tool Country rankings (default and customized) Charts, tables, and maps (default and customized) Users can choose time periods and country groups 210 Country Trade-at-a-Glance (TAAG) tables 139 Country briefs Overview report
Provide impetus for trade policy changes by highlighting performance relative to competitors/partners Support overall trade negotiations and policy design by facilitating overtime and cross-country comparison of different dimensions of policy affecting trade outcomes – data quite aggregated- not HS6 Support overall trade negotiations and policy design by facilitating overtime and cross-country comparison of different dimensions of policy affecting trade outcomes – data quite aggregated- not HS6 Highlight gaps in the data Why?
Production weighted tariff averages Share of tariff lines with a zero MFN tariff rate Share of tariff lines with a zero MFN tariff rate MFN zero duty imports and exports values MFN zero duty imports and exports values Imports and exports to/from partners in FTA and CUs Imports and exports to/from partners in FTA and CUs Utilization rates and value of EU and US preferences Utilization rates and value of EU and US preferences Extent of services trade liberalization commitments Index of export product concentration from UNCTAD Index of import product concentration Export market destination/ import origin concentration indices Share of top 5 exports in total exports Remittance Inflows as a % of Total Exports/Imports Database assembles existing information and provides new indicators
Structure of WTI database: organizing for users TRADE OUTCOME TRADE POLICY EXTERNAL ENVIRONMENT BUSINESS/ INSTITUTIONAL ENVIRONMENT TRADE FACILITATION
–Tariff Trade Restrictive Indices (default), OTRIs- –Tariffs -MFN applied vs. applied incl pref –Ad valorem (AV) only, incl AVE –All goods, agric, NAMA –Average, weighted,dispersion, max –MFN- O import value (% of import value) –GATS comittement index TRADE POLICY- Values/Ranks
Market Access – MA- TTRI (OTRI) ROW tariffs REER External Environment
Doing Business Indicators Governance indicators Institutional Environment
Logistics Performance Index (LPI) – default Logistics Performance Index (LPI) – default Trading Across Borders - Doing Business Trading Across Borders - Doing Business Trade Facilitation
Trade Outcomes Goods and Services trade growth- real,nominal, share of GDP Goods and Services trade growth- real,nominal, share of GDP Goods vs. Services Goods vs. Services Product and Market Concentration indices for Exports and Imports Product and Market Concentration indices for Exports and Imports
WTI Functionalities Views: Country Rankings Country Rankings Country Snapshots Country Snapshots Country Comparisons Country Comparisons Overtime Comparisons Overtime Comparisons Map Map
Indicators Category Trade Policy External Environment Institutional Environment Trade Facilitation Trade Outcome Country TTRI (MFN applied tariff) - All Goods MA-TTRI (applied tariff incl. prefs.) - All Goods Ease of Doing Business - rank (out of 178) LPI - Overall Real growth in total trade (g+s, %) Year Latest Hong Kong, China Singapore Switzerland Papua New Guinea Turkey Default ranking: Top 5 countries
Alternative ranking: Top 5 countries Indicators Category Trade Policy External Environment Institutional Environment Trade Facilitation Trade Outcome Country Applied Tariff - Simple Average - All Goods (%) ROW Applied Tariff (incl. prefs) - Simple Average - All Goods (%) Ease of Doing Business - rank (out of 178) LPI - Overall Real growth in total trade (g+s, %) Year Latest Hong Kong, China Macao, China Singapore Georgia Austria
Overhang=Bound-Applied Policy Space
Share of exports to FTA/CU partner
Launch – September More Analytics Export taxes, trade finance Actual services trade restrictiveness WTI 2009
Thank You Comments, Suggestions, Ideas welcome