Economy > Trade Stats: compare key data on Serbia and Montenegro & United Kingdom
Definitions
- Export growth: Annual growth rate of exports of goods and services based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments."
- Exports: The total US dollar amount of exports on an f.o.b. (free on board) basis.
- Exports > Goods: Goods imports refer to all movable goods (including nonmonetary gold) involved in a change of ownership from nonresidents to residents. The category includes goods previously included in services: goods received or sent for processing and their subsequent export or import in the form of processed goods, repairs on goods, and goods procured in ports by carriers. Data are in current U.S. dollars."
- Exports > Goods and services > Constant 2000 US$: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude labor and property income (formerly called factor services) as well as transfer payments. Data are in constant 2000 U.S. dollars.
- Exports > Goods and services > Constant LCU: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude labor and property income (formerly called factor services) as well as transfer payments. Data are in constant local currency.
- Exports > Per $ GDP: The total US dollar amount of exports on an f.o.b. (free on board) basis. Per $ GDP figures expressed per 1 $ gross domestic product.
- Exports > Per capita: The total US dollar amount of exports on an f.o.b. (free on board) basis. Per capita figures expressed per 1 population.
- Imports: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
- Tariffs > Tariff rate > Applied > Simple mean > All products: Simple mean applied tariff is the unweighted average of effectively applied rates for all products subject to tariffs calculated for all traded goods. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of simple mean tariffs."
- Tariffs > Tariff rate > Applied > Weighted mean > All products: Weighted mean applied tariff is the average of effectively applied rates weighted by the product import shares corresponding to each partner country. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups and import weights. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of weighted mean tariffs. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead."
- With US > US > Exports of chemicals-other: US exports of chemicals-other, USD Thousands, 2004
- With US > US > Exports of copper: US exports of copper, USD Thousands, 2004
- With US > US > Exports of newsprint: US exports of newsprint, USD Thousands, 2004
- With US > US > Exports of pulp and paper machinery: US exports of pulp and paper machinery, USD Thousands, 2004
- With US > US imports of bauxite and aluminum: US imports of bauxite and aluminum, USD Thousands, 2004
- Imports > Spending on imports: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments."
- Imports > Merchandise imports from high-income economies > % of total merchandise imports: Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies according to the World Bank classification of economies as of July 1, 2009. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data."
- Imports > Ores and scrap metal imports > % of merchandise imports: Ores and metals comprise commodities in SITC sections 27 (crude fertilizer, minerals nes); 28 (metalliferous ores, scrap); and 68 (non-ferrous metals)."
- Imports > Services: Services (previously nonfactor services) refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. International transactions in services are defined by the IMF's Balance of Payments Manual (1993), but definitions may nevertheless vary among reporting economies. Data are in current U.S. dollars."
- Exports > Manufactures > Exports > % of merchandise > Exports: Manufactures comprise commodities in SITC sections 5 (chemicals), 6 (basic manufactures), 7 (machinery and transport equipment), and 8 (miscellaneous manufactured goods), excluding division 68 (non-ferrous metals)."
- Imports > Merchandise imports by the reporting economy > Current US$: Merchandise imports by the reporting economy are the total merchandise imports by the reporting economy from the rest of the world, as reported in the IMF's Direction of trade database. Data are in current U.S. dollars."
- With US > US imports of nuts and preparations: US imports of nuts and preparations, USD Thousands, 2004
- With US > US imports of other materials > Except chemicals: US imports of other materials, except chemicals, USD Thousands, 2004
- With US > US imports of apparel and household goods-cotton: US imports of apparel and household goods-cotton, USD Thousands, 2004
- With US > US imports of dairy products and eggs: US imports of dairy products and eggs, USD Thousands, 2004
- With US > US > Exports of aluminum and alumina: US exports of aluminum and alumina, USD Thousands, 2004
- With US > US imports of furniture > Household items > Baskets: US imports of furniture, household items, baskets, USD Thousands, 2004
- With US > US imports of other industrial machinery: US imports of other industrial machinery, USD Thousands, 2004
- With US > US > Exports of musical instruments: US exports of musical instruments, USD Thousands, 2004
- With US > US > Exports of parts for military-type goods: US exports of parts for military-type goods, USD Thousands, 2004
- With US > US > Exports of hair > Waste materials: US exports of hair, waste materials, USD Thousands, 2004
- With US > US > Exports of nuts: US exports of nuts, USD Thousands, 2004
- With US > US imports of feedstuff and foodgrains: US imports of feedstuff and foodgrains, USD Thousands, 2004
- With US > US > Exports of records > Tapes > And disks: US exports of records, tapes, and disks, USD Thousands, 2004
- With US > US imports of nonfarm tractors and parts: US imports of nonfarm tractors and parts, USD Thousands, 2004
- With US > US imports of vegetables and preparations: US imports of vegetables and preparations, USD Thousands, 2004
- Exports > Goods and services > Current US$ > Per $ GDP: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude labor and property income (formerly called factor services) as well as transfer payments. Data are in current U.S. dollars. Per $ GDP figures expressed per 1 $ gross domestic product.
- With US > US > Exports of pharmaceutical preparations: US exports of pharmaceutical preparations, USD Thousands, 2004
- With US > US > Exports of nonferrous metals > Other: US exports of nonferrous metals, other, USD Thousands, 2004
- Exports > Goods and services > Current US$: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude labor and property income (formerly called factor services) as well as transfer payments. Data are in current U.S. dollars.
- With US > US > Exports of computer accessories: US exports of computer accessories, USD Thousands, 2004
- With US > US > Exports of stereo equipment > Etc: US exports of stereo equipment, etc., USD Thousands, 2004
- With US > US > Exports of wood > Glass > Plastic: US exports of wood, glass, plastic, USD Thousands, 2004
- With US > US imports of wine and related products: US imports of wine and related products, USD Thousands, 2004
- With US > US > Exports of drilling & oilfield equipment: US exports of drilling & oilfield equipment, USD Thousands, 2004
- With US > US > Exports of oilseeds > Food oils: US exports of oilseeds, food oils, USD Thousands, 2004
- With US > US > Exports of pleasure boats and motors: US exports of pleasure boats and motors, USD Thousands, 2004
- With US > US > Exports of finished textile supplies: US exports of finished textile supplies, USD Thousands, 2004
- With US > US imports of food oils and oilseeds: US imports of food oils and oilseeds, USD Thousands, 2004
- With US > US > Exports of nonfarm tractors and parts: US exports of nonfarm tractors and parts, USD Thousands, 2004
- Exports > Insurance and financial services > % of commercial service > Exports: Insurance and financial services cover freight insurance on goods exported and other direct insurance such as life insurance; financial intermediation services such as commissions, foreign exchange transactions, and brokerage services; and auxiliary services such as financial market operational and regulatory services."
- Exports > Merchandise > Exports by the reporting economy > Residual > % of total merchandise > Exports: Merchandise exports by the reporting economy residuals are the total merchandise exports by the reporting economy to the rest of the world as reported in the IMF's Direction of trade database, less the sum of exports by the reporting economy to high-, low-, and middle-income economies according to the World Bank classification of economies as of July 1, 2009. Includes trade with unspecified partners or with economies not covered by World Bank classification. Data are as a percentage of total merchandise exports by the economy."
- With US > US > Exports of writing and art supplies: US exports of writing and art supplies, USD Thousands, 2004
- With US > US imports of civilian aircraft > Complete-all types: US imports of civilian aircraft, complete-all types, USD Thousands, 2004
- With US > US imports of motorcycles and parts: US imports of motorcycles and parts, USD Thousands, 2004
- With US > US > Exports of agriculture-manufactured > Other: US exports of agriculture-manufactured, other, USD Thousands, 2004
- With US > US > Exports of alcoholic beverages > Excluding wine: US exports of alcoholic beverages, excluding wine, USD Thousands, 2004
- With US > US imports of household and kitchen appliances: US imports of household and kitchen appliances, USD Thousands, 2004
- With US > US imports of iron and steel manufactures-advanced: US imports of iron and steel manufactures-advanced, USD Thousands, 2004
- With US > US imports of semiconductors and related devices: US imports of semiconductors and related devices, USD Thousands, 2004
- Imports > Commercial service imports > Current US$: Commercial service imports are total service imports minus imports of government services not included elsewhere. International transactions in services are defined by the IMF's Balance of Payments Manual (1993) as the economic output of intangible commodities that may be produced, transferred, and consumed at the same time. Definitions may vary among reporting economies."
- Tariffs > Tariff rate > Applied > Simple mean > Primary products: Simple mean applied tariff is the unweighted average of effectively applied rates for all products subject to tariffs calculated for all traded goods. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of simple mean tariffs. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals)."
- Imports > Per $ GDP: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Per $ GDP figures expressed per 1 $ gross domestic product.
- Exports less imports: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.
- Exports > Commercial service > Exports > Current US$: Commercial service exports are total service exports minus exports of government services not included elsewhere. International transactions in services are defined by the IMF's Balance of Payments Manual (1993) as the economic output of intangible commodities that may be produced, transferred, and consumed at the same time. Definitions may vary among reporting economies."
- Tariffs > Share of tariff lines with international peaks > All products: Share of tariff lines with international peaks is the share of lines in the tariff schedule with tariff rates that exceed 15 percent. It provides an indication of how selectively tariffs are applied.
SOURCES: World Bank national accounts data, and OECD National Accounts data files.; CIA World Factbooks 18 December 2003 to 28 March 2011; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; World Development Indicators database; World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System (TRAINS) database.; World Bank staff estimates using the World Integrated Trade Solution system, based on tariff data from the United Nations Conference on Trade and Development's Trade and Development's Trade Analysis and Information System (TRAINS) database and global imports data from the United Nations Statistics Division's Comtrade database.; FTDWebMaster, Foreign Trade Division, U.S. Census Bureau; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; World Bank staff estimates from the Comtrade database maintained by the United Nations Statistics Division.
