1. Task Force on Goods Sent Abroad for Processing
Jelena Cirjakovic
SORS
23-24 February 2012

2. TF on Goods Sent Abroad for Processing (I)
Goods, sent abroad for processing are measured as imports and exports of goods in External trade statistics and BoP
With new ESA 2010 and BPM6 that take effect in 2014, goods, sent abroad for processing will be measured as a net service
NA and BoP will no longer show the flow of goods but flows of processing services

3. TF on Goods Sent Abroad for Processing (II)
Data is collected in External trade statistics as exports and imports of goods: cca 2 % of all imports and 3 % of all exports
Data is broken down by "nature of transaction":
Operations with a view to processing under contract
Goods expected to return to the initial MS of dispatch (41)
Goods expected not to return to the initial MS of dispatch (42)
Operations following processing under contract
Goods returning to the initial MS of dispatch (51)
Goods not returning to the initial MS of dispatch (52)

4. TF on Goods Sent Abroad for Processing (III)
In 2009, Slovenia was in a larger extent a country, importing goods for processing (inward processing) than a country exporting goods for processing:
Imports of goods for processing (41) were 214 mio EUR and exports of goods after processing (51) 312 mio EUR; difference is 98 mio EUR
Exports of goods for processing (41) were 101 mio EUR and imports of goods after processing (51) 136 mio EUR; difference is 35 mio EUR

5. TF on Goods Sent Abroad for Processing (IV)
Difficulties with consistency of data on goods, sent abroad for processing in External trade statistics and Balance of payments – to be eliminated with ESA 2010 and BPM6
In BoP: Question on net services of goods for processing in the survey on services (Bank of Slovenia) – to be reconsidered

6. TF on Goods Sent Abroad for Processing (V)
Differences between External trade statistics and Balance of Payments (in mio EUR)
Goods, sent for processing
2008
2009
Imports
Exports
External trade 41
332,2
130,4
213,8
101,0 51
189,4
517,8
136,3
311,8
Difference
185,5
59,1
98,1
35,3
Balance of Payments
133,9
95,9
102,7
71,8

7. TF on Goods Sent Abroad for Processing (VI)
Goods, exported for processing (Outward processing) by sector in 2009
Goods, exported for processing (in mio EUR)
Export
Import
Difference
in mio EUR
in %
Manufacture of leather and related products (18 % of all)
18,5
23,3
4,8
25,9 %
Manufacture of motor v., trailers & semi-trail. (13 % of all)
13,0
14,3
1,3
10,0 %

8. TF on Goods Sent Abroad for Processing (VII)
Goods, imported for processing (Inward processing) by sector in 2009
Goods, imported for processing (in mio EUR)
Import
Export
Difference
in mio EUR
in %
Manufacture of fabricated metal products, except mach. & eq. (22 %)
47,3
75,1
27,8
58,8 %
Manufacture of wearing apparel (21 % of all)
45,3
77,3
32,0
70,6 %

9. TF on Goods Sent Abroad for Processing (VIII)
Future steps in National Accounts:
Analysis of monthly data on goods sent for processing, collected in External trade statistics
Exploring the possibility to include a question on net processing services to SBS or other statistics

10. TF on Goods Sent Abroad for Processing (IX)
Slovenia is participating in Eurostat grant “Improvement of quality of National Accounts” where measurements of goods sent abroad for processing are being studied.
The aim is to establish a new treatment of goods for processing in national accounts according to new international guidelines.