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International trade in goods - trade by invoicing currency (TIC) (ext_tic)

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National Reference Metadata in Single Integrated Metadata Structure (SIMS)

Compiling agency: [XK1] Kosovo Agency of Statistics (ASK)

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International trade in goods statistics (ITGS) published by Eurostat measure the value and quantity of goods traded between the EU Member States (intra-EU trade) and goods traded by the EU Member States with non-EU countries (extra-EU trade). ‘Goods’ means all movable property including electricity. ‘European’ means that the statistics are compiled on the basis of the concepts and definitions set out in EU legislation.

Trade by invoicing currency (TIC) data are part of the information available for extra-EU trade. The invoicing currency is the currency in which the commercial invoice is drawn up. Data by invoicing currency can be used for instance to explore the use of the euro in the EU’s international trade, to compare it with the role of the United States dollar (USD) or to analyse the role of the euro in the euro area and in the EU. These statistics are very useful to central banks, including the European Central Bank, for comparing the euro with other major international currencies. These data are also used by financial market segments or foreign investors.

Statistical dimensions available for TIC data:

  • reporting country;
  • partner country;
  • reference period;
  • trade flows;
  • product; and
  • currency.

20 May 2026

Reporting country – Except for some specific goods like vessels and aircraft, ITGS follow the physical movements of the goods. A country should record an import when goods enter its statistical territory and an export when goods leave that territory except if those goods are in simple transit.

Partner country – At detailed level, this is the last known country of destination for exports and the country of origin for imports. However individual partner countries are not kept in the dissemination of data by invoicing currency. They are replaced by the partner area  ‘extra-EU’.

Product – Goods are primarily classified by commodity code as set out in the EU Combined Nomenclature. TIC data are compiled on the basis of a correspondence table enabling the transposition of detailed data collected according to the Combined Nomenclature into the Standard International Trade Classification (SITC). TIC data are available by three product groups: Raw materials without oil (SITC sections 0-4, excluding division 33), Oil (SITC division 33) and Manufactured products (SITC sections 5-8).

Additionally, since 2022 reference period, TIC data are available also by 10 individual SITC sections

Currency – The invoicing currency is the currency in which the commercial invoice is drawn up. Its definition is provided by the customs legislation.

  • Common currencies to be reported whatever the data source used:

    • Euro ('EUR')
    • UK pound sterling ('GBP')
    • US dollar ('USD')
    • National currencies of non-euro area Member States ('XU3')
    • Other not specified currencies (‘_X’)
    • Unknown currency (‘_U’)
    • Total (‘_T’)

     

    Additional invoicing currency breakdown if the data source is the customs declaration:

    • Albanian lek ('ALL')
    • Bosnia-Herzegovinian convertible mark ('BAM')
    • Bulgarian lev ('BGN')
    • Brazilian real ('BRL')
    • Canadian dollar ('CAD')
    • Chinese yuan renminbi ('CNY')
    • Danish krone ('DKK')
    • Hungarian forint ('HUF')
    • Swiss franc ('CHF')
    • Indian rupee ('INR')
    • Iceland krona ('ISK')
    • Japanese yen ('JPY')
    • South Korean won ('KRW')
    • Macedonian denar ('MKD')
    • Mexican peso ('MXN')
    • Norwegian krone ('NOK')
    • Czech koruna ('CZK')
    • Polish zloty ('PLN')
    • Romanian leu ('RON')
    • Serbian Dinar ('RSD')
    • Russian rouble ('RUB')
    • Swedish krona ('SEK')
    • Singapore dollar ('SGD')
    • Turkish lira ('TRY')

The statistical unit is any natural and legal person lodging a customs declaration in the reporting country on the condition that the customs procedure is of statistical relevance.

The statistical population comprise all the legal or natural persons who lodged a customs declaration with the National Customs Authority.

External trade statistics in goods cover trade flows entering or living the statistical territory of Kosovo (country level).

Theoretically, the reference period for the information on international trade in goods transactions should be the calendar month of export or import of the goods. However, in practice the reference period is generally the calendar month during which the customs declaration is accepted by the National Customs Authority.

The reference years for which TIC data are disseminated result from the aggregation of monthly figures from January to December.

See item 13.1 ‘Accuracy - overall' of the related metadata ‘ext_tic - International trade in goods – trade by invoicing currency’ for more details.

For data transmission to Eurostat – Trade values (in national currency units) by invoicing currency. The value of traded goods is calculated at the national frontier, on a FOB (free on board) basis for exports and a CIF (cost, insurance, freight) basis for imports. Hence, only incidental expenses (freight, insurance) are included and they are incurred for:

  • exports in the part of the journey located on the territory of the country where the goods are exported from;
  • imports in the part of the journey located outside the territory of the country where the goods are imported to.

 For data dissemination on Eurostat website – Share of each invoicing currency in extra-EU imports and exports for EU Member States, or in world imports and exports for EFTA and enlargement countries.

At national level:

 The share of each invoicing currency in the imports and exports of the reporting country is calculated on the basis of the transmitted trade values.

At European level:

The share of each invoicing currency in the imports and exports of the reporting country is calculated on the basis of the transmitted trade values. Additionally, Eurostat derives TIC data for the EU and the euro area as reporting entities by aggregating the trade values reported by the Member States.

TIC data are derived from the combination of two types of information:

  • Trade in goods transactions collected via customs declarations; and
  • Invoicing currencies collected via either customs declarations or a dedicated survey if the information is not covered by customs declarations (possible only for exports).

TIC data are only disseminated by Eurostat. See item 9 ‘Frequency of dissemination’ of the related metadata ‘ext_tic - International trade in goods – trade by invoicing currency’ for more details.

See concepts 14.1.1 and 14.1.2.

See item 15.1 ‘Comparability - geographical' of the related metadata ‘ext_tic - International trade in goods – trade by invoicing currency’ for more details.

There were no changes, so the data are comparable in the entire series from 2017 to 2025.