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WTO revamps periodicals for trade data

The World Trade Organisation has issued new expanded editions of two of its annual statistical publications, Trade Profiles and World Tariff Profiles.

The revamped Trade Profiles provides a series of key indicators on trade in goods and services for 195 economies. For each economy, the data is presented in a handy two-page format, providing a concise overview of global trade. The profiles begin with a snapshot of the importance of trade for each economy — indicating its world ranking for trade in both goods and commercial services.

For trade in goods, data is provided by product category along with the major origins and destinations for these products. Also listed are the most exported and imported goods for each economy. For trade in commercial services, data is broken down by services category, major origins and destinations, foreign affiliates statistics and foreign direct investment in services.

World Trade Profiles has been expanded to provide information on tariff and non-tariff measures imposed by over 170 economies. The publication starts with summary tables showing the average tariffs imposed by each economy. This is followed by individual one-page profiles, providing a more detailed breakdown of tariffs. The profiles display the tariffs each economy imposes on its imports as well as the tariffs it faces for exports to major trading partners. A new section covers the use of non-tariff measures, which are becoming increasingly important in international trade.

 
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