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Commerce Business Apps Challenge Commerce is challenging developers to look for innovative ways to utilize DOC and other publicly available data to help businesses identify opportunities, grow, enhance productivity and create jobs. $10,000 USD in prizes (1 st - $5,000; 2 nd - $3,000; and 3 rd – $2,000) Contest ends: April 30, 2012 @ 11:00 PM EDT For more information, visit: http://docbusinessapps.challenge.gov/
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Introduction to Foreign Trade Statistics Presented by: Mala Mistry Foreign Trade Division U.S. Census Bureau
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Foreign Trade Division The Foreign Trade Division of the U.S. Census Bureau is the official source for U.S. export and import statistics and is responsible for issuing regulations governing the reporting of all export shipments from the United States. 3
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Why are Foreign Trade Statistics Important? Analyze market share Find emerging markets Measure the impact of foreign competition 4
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What are Trade Statistics? Exports Measure of goods grown, produced, or manufactured in the U.S. that are shipped to other countries. Imports Measure the arrival of goods into the U.S. from other countries Balance of Trade Exports – Imports = Balance of Trade 5
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Classification Systems North American Industry Classification System (NAICS) Standard International Classification System (SITC) End-Use Advanced Technology Products (ATP) Harmonized System (HS) 6
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Foreign Trade Website www.census.gov/trade 7
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Foreign Trade Datasets International Trade in Goods in Services Release (FT-900) Historical Series State Data Country Data Advanced Technology Products End-Use NAICS Web Application SITC Web Application Economic Indicator Database 8
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FT900: U.S. International Trade in Goods & Services Report This report is released jointly with the Bureau of Economic Analysis. It can be used to: Analyze economic, financial, and trade policy Calculate the GDP Conduct market analysis by country and selected products 9
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Historical Series Annual goods and services: 1960 - present Monthly goods and services: 1992 - present Monthly Chained (2005) Dollars: 1994 – present Monthly U.S. Imports of Crude Oil: 1973 - present www.census.gov/foreign-trade/statistics/historical 10
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State Data Data available for each state (based on 2011 values): Top 25 commodities exported Top 25 commodities imported Top 25 trading partners www.census.gov/foreign-trade/statistics/state/ 11
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State Data by Commodity 12
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State Data by Country 13
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Country Data http://www.census.gov/foreign-trade/balance We have individual pages with monthly and annual totals of the trade balance, exports, and imports for: Each country Country groupings (European Union, Africa, NAFTA, etc.) Advanced Technology Products Total Seasonally Adjusted Total Not Seasonally Adjusted Full dataset download 14
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Country Data Example 15
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Advanced Technology Products (ATP) ATP by Country: www.census.gov/foreign-trade/statistics/product/atp 16
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Advanced Technology Products (ATP) ATP by Country continued… 17
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Advanced Technology Products (ATP) Country by ATP 18
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End Use Exports: www.census.gov/foreign-trade/statistics/product/enduse/exportswww.census.gov/foreign-trade/statistics/product/enduse/exports Imports: www.census.gov/foreign-trade/statistics/product/enduse/importswww.census.gov/foreign-trade/statistics/product/enduse/imports 19
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NAICS Web Application http://censtats.census.gov/naic3_6/naics3_6.shtml 20
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NAICS Web Application 21
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SITC Web Application http://censtats.census.gov/sitc/sitc.shtml 22
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Economic Indicator Database www.census.gov/econ/currentdata 23
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Economic Indicator Database 24
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Additional Information Export training videos Global Reach Blog http://globalreach.blogs.census.gov http://globalreach.blogs.census.gov 25
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Contact information Commerce Business Apps Challenge Website: http://docbusinessapps.challenge.govhttp://docbusinessapps.challenge.gov Main Contact: Mike Kruger Director of Digital Strategy U.S. Department of Commerce Email: mkruger@doc.gov 202-482-2556 26 Foreign Trade Division Website: http://www.census.gov/tradehttp://www.census.gov/trade Phone: 301-763-2311 or 1-800-549-0595 option 4 E-mail: ftd.data.dissemination@census.govftd.data.dissemination@census.gov
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