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Services trade by enterprise characteristics (STEC), IT

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National Reference Metadata in Single Integrated Metadata Structure (SIMS)

Compiling agency: Italian Institute of Statistics (ISTAT)

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Services Trade by Enterprise Characteristics (STEC) statistics provide information on the types of enterprises engaged in international trade in services and show how enterprises in various industries supply and purchase services and how this relates to their primary activity. STEC disclose additional insights into trade statistics, by allowing the profiling of the enterprises according to selected characteristics such as number of employees, type of ownership and economic activity.

STEC data are grouped into three tables, each one focusing on a specific aspect:

1. Services trade by activity sector and enterprise size class shows the contributions of economic activities and size classes (measured by the number of employees and self-employed) to total trade. This makes it possible to analyze the impact of international trade in services on employment and the importance of small and medium-sized enterprises (SMEs).

2. Services trade by activity sector and type of product shows which enterprises in different industries buy and supply the different types of services and how this relates to their primary activity, which may also be the production of goods.

3. Services trade by activity sector and type of ownership shows how foreign or domestic enterprises are involved in trade in services and thus the role of multinational companies in shaping globalization.

11 August 2025

The statistical concepts used in STEC are defined in the Commission Implementing Regulation (EU) 2020/1197.

Services are the outcome of production activities that alter the conditions of the consuming units or facilitate the exchange of products or financial assets. Unlike tangible goods, services cannot typically be separated from their production process, nor can ownership rights be established over them. Exports and imports of services refer to the exchange of services between residents and non-residents, with their value determined at market prices.

In the STEC datasets the exports and imports of services are broken down by:

Geographical breakdown, which is the country or area where the counterpart unit is resident.

Economic activity, which is the main economic activity of the trading resident enterprise. The activity breakdown follows the Statistical classification of economic activities (NACE Rev 2) and covers:

  • · Total;
  • · Aggregates of NACE Sections:
    • A+B - Agriculture, forestry, and fishing; mining and quarrying,
    • D+E - Electricity, gas, steam, and air conditioning supply; water supply; sewerage, waste management and remediation activities,
    • I+L+O+P+Q+R+S+T+U - Accommodation and food service activities; real estate activities; public administration, defence; compulsory social security; education; human health and social work activities; other services.
  • · NACE Sections:
    • C - Manufacturing,
    • F - Construction,
    • G - Wholesale and retail trade; repair of motor vehicles and motorcycles,
    • H - Transportation and storage,
    • J - Information and communication,
    • K - Financial and insurance activities,
    • M - Professional, scientific, and technical activities,
    • N - Administrative and support service activities.

Type of product. The product breakdown follows the Extended Balance of Payments Services Classification 2010 (EBOPS 2010) and covers the EBOPS 2010 main items:

1. Manufacturing services on physical inputs owned by others

2. Maintenance and repair services n.i.e.

3. Transport

4. Travel

5. Construction

6. Insurance and pension services

7. Financial services

8. Charges for the use of intellectual property n.i.e.

9. Telecommunications, computer, and information services

10. Other business services

 10.1. Research and development services

 10.2. Professional and management consulting services

 10.3. Technical, trade-related, and other business services

11. Personal, cultural and recreational services

12. Government goods and services, n.i.e.

Size class, which is the size class (in terms of number of employees and self-employed persons) to which the resident trading enterprise belongs;

The number of employees and self-employed persons is the sum of the Number of employees and Number of self- employed persons.

The number of employees refers to the number of those persons who were, at some time during the reference period, employees of the statistical unit and who have a contract of employment and receive compensation in the form of wages, salaries, fees, gratuities, piecework pay or remuneration in kind. A worker is considered to be a wage or salary earner of a particular unit if he receives a wage or salary from the unit regardless of where the work is done (in or outside the production unit). The number of self-employed persons is the average number of persons who were at some time during the reference period the sole owners or joint owners of the statistical unit in which they work (one that has not been incorporated i.e. formed into a legal corporation). Family workers and outworkers whose income is a function of the value of the outputs of the statistical unit are also included.

Type of ownership. In the context of STEC data, the type of ownership refers to control and enterprise affiliation. 'Control' means the capacity to determine the general policy of an enterprise, including the ability to appoint the most appropriate directors. An institutional unit A is considered to be controlled by another institutional unit B when the latter holds, directly or indirectly, more than half of the voting rights or more than half of the equity shares.  The type of control is relevant for delineating and categorising enterprise groups. The categorisation required for STEC is as follows:

Domestically-controlled enterprises, which are ultimately controlled by a resident unit and are further subdivided into: “nationally controlled enterprises without foreign affiliates” and “nationally controlled enterprises with foreign affiliates”.

Foreign-controlled enterprises are those resident in the compiling country over which an ultimate controlling institutional unit not resident in the compiling country has control.

The basic unit is the legal unit. This is linked to the business register using the VAT/Fiscal ID as a unique identifier in order to produce STEC data.

Total exports or imports of services, traded between residents and non-residents

The activity breakdown covers NACE sections from A to U.

The product breakdown covers EBOPS 2010 main items.

Italy

Calendar year.

The accuracy of the STEC data depends on the accuracy of the linkage between trade in services microdata and business registers and on the quality of these data sources.

The data are presented in thousands of Euro.

STEC is compiled by linking micro data on international trade in services with the national system of business registers (BRs) in order to derive the structural characteristics of the enterprises involved (not all trade in services can be directly linked, this is particularly the case for: travel services; financial services (FISIM) and transport services).

The information available at the enterprise level is linked to the BRs to derive three enterprise dimensions: activity of the enterprise, size class of employment and type of ownership.

The use of a common identifier in the BRs makes it possible to link the different sources. 

Trade in services by enterprise characteristics is derived from two data sources: the annual International Trade in Services (ITSS) data, which are compiled from the transactions recorded in a country's Balance of Payments (BoP), and data from business registers.

The system of national business registers is used as source for enterprise characteristics. Samples are not taken from the registers, but the complete registers are processed.

Annual.

Annual STEC data are released 18 months after the reference period. 

From a methodological point of view, the comparability across countries is ensured by the implementation of the concepts and definitions set up by the EU legislation and by the application of the complementary guidelines provided by the European business statistics compilers’ manual for international trade in services statistics – trade by enterprise characteristics (STEC).

From 2023 onwards, the sample design used to calculate the ITSS changed to provide a more accurate estimate of STEC statistics. This had an impact on the distribution of the 2023 STEC data, which partly explains the difference in distribution compared to the 2022 data.