1. INTERNATIONAL TRADE IN SERVICES STATISTICS
TRINIDAD AND TOBAGO

2. ROLES OF ORGANIZATIONS in the production of Trade in services statistics.
CENTRAL STATISTICAL OFFICE (CSO)
- FOREIGN AFFILIATE TRADE STATISTICS
- PRESENCE OF NATURAL PERSONS
CENTRAL BANK (CB)
- BALANCE OF PAYMENTS

3. IDENTIFICATION OF DATA GAPS / COVERAGE ISSUES
CB – DOES NOT COLLECT DATA ON CULTURAL AND CREATIVE INDUSTRIES, EDUCATIONAL
SERVICES AND HEALTH AND WELLNESS
SERVICES
CSO- PRESENCE OF NATURAL PERSONS
- EXPORTS AND IMPORTS OF SERVICES DATA
- EXPORTS AND IMPORTS OF GOODS BY INDUSTRY

4. TREATMENT OF DATA GAPS/ COVERAGE ISSUES
VARIOUS COLLABORATIVE EFFORTS
1) CB AND CSO
-CB- MODES 1 & 2
CSO - MODES 3 & 4
- EXCHANGE OF INFORMATION (QUESTIONNAIRE)
- LITERATURE REVIEW
2) CSO COLLABORATION WITH TTCSI – SERVICES EXPORT REGISTRY PROJECT
3) CSO COLLABORATION WITH OTHER MINISTRIES-
MINISTRY OF TRADE
4) CSO COLLABORATION WITH THE ECONOMIC DEVELOPMENT ADVISORY BOARD (EDAB)

5. TREATMENT OF DATA GAPS AND COVERAGE ISSUES
CENTRAL BANK
TO ENHANCE DATA COLLECTION CAPABILITIES
INCREASE SAMPLE SIZE
INCREASE RESPONSE RATE
ONE SURVEY INSTRUMENT – TO MINIMIZE RESPONDENT
BURDEN

6. CONSTRAINTS/ CHALLENGES
CENTRAL STATISTICAL OFFICE
- STAFFING
- LEARNING CURVE
- FUNDING
CENTRAL BANK-
- STAFFING (ADMINISTRATIVE)

7. INITIATIVES CSO - PROJECTS 1) CORRESPONDENCE TABLES BETWEEN
ISIC REV 3, ISIC REV 4 AND ICFA REV 1
2) EXPORTS AND IMPORTS OF GOODS
BY INDUSTRY, PRODUCT AND COUNTRY
- RESTRUCTURING OF THE CSO
CENTRAL BANK
- SURVEY OF INTERNATIONAL TRADE IN SERVICES – CAPTURES INTERNATIONAL TRADE IN SERVICES BY TRADING PARTNER.

8. STATUS OF WORK CENTRAL BANK-
- CURRENTLY REPORTING USING BPM 5 METHODOLOGY
- MOVING TO BPM6 AND HOPING TO START PUBLISHING IN JANUARY
- EBOPS UPDATED TO 2015
- TRADE IN SERVICES DATA REPORTED TO THE UN AND CARICOM USING AGGREGATE DATA FROM SPI FORM

9. STATUS OF WORK
CSO
- AT THE PRELIMINARY PHASE IN THE COMPILATION OF STATISTICS ON INTERNATIONAL TRADE IN SERVICES
HOWEVER, THERE ARE SHORT TERM AND MEDIUM TERM GOALS
- SHORT TERM - IMPROVE FDI REGISTER
- PRODUCE INWARD FATS STATISTICS – PRIORITY & LONG TERM VARIABLES WHERE AVAILABLE
- IMPLEMENT PROJECTS
- MEDIUM TERM – PRODUCE STATISTICS ON PRESENCE OF NATURAL PERSONS
- PREPARE AND CONDUCT OUTWARD FATS STUDY