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Trade in goods for beginners

22/01/2020

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At first sight, statistics on international trade in goods seem relatively simple, measuring the amount of goods crossing borders through exports and imports. However, it is not quite as easy as it seems… What is a trade surplus? How are tax free zones or customs warehouses treated? Which goods are covered and which are not? What about goods just going through a country – how are they counted?

These questions and many more are answered in two new articles within the Statistics4beginners series: Trade in goods - general concepts and Trade in goods - products and partners

Infographic: Imports, exports and trade balance

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