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Sub-Regional Workshop on International Merchandise Trade Statistics Compilation and Export and Import Unit Value Indices 21 – 25 November 2016. Guam.

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Presentation on theme: "Sub-Regional Workshop on International Merchandise Trade Statistics Compilation and Export and Import Unit Value Indices 21 – 25 November 2016. Guam."— Presentation transcript:

1 Sub-Regional Workshop on International Merchandise Trade Statistics Compilation and Export and Import Unit Value Indices 21 – 25 November Guam Reef & Olive Spa Resort, Tamuning, Guam OVERCOMING CHALLENGES TO COMPILE IMTS AND CONSTRUCT XMUVI Presentation by Nilima Lal and Rens Hendriks Economic Statistician, Pacific Community

2 Improvements at Customs needed
This is the collection point thus collection of inaccurate data will lead to inaccurate statistics and flawed policies. Consider user needs Adopt HS 2017 from 1/1/2017 Capture data on re-exports and reimports Provide correct quantity information Provide procedure codes Regular transfer of data to NSOs Knowledge of IT system used Edit data Train customs agents and brokers

3 Improvements at NSOs Take steps to strengthen relationship with Customs Address issue faced by staff shortage due to the smallness of the NSO, high staff turnover and not being able to attract (and retain) qualified staff due to low pays Disaggregated data Data cleaning

4 How SPC can help Phase-1 ( ) – collection and compilation of data base Phase-2 ( ) – analytical tables, analysis and external trade indices SPC will continue providing technical assistance both in the compilation of the IMTS and the analysis of it and the construction of the external trade indices. SPC is going to continue dialogue with the technical partners to improve compilation of IMTS in the Pacific, in particular with the Oceania Customs Organisation and the Statistics New Zealand. SPC will compile the Pacific IMTS Compilation Guide

5 Recommendation for PICTs
Strengthen relationships between agencies Network within the region Provide training to Customs agents and brokers Follow standards

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