What Are the Different Types of International Trade Agencies?
Standard International Trade Classification (SITC for short) is a standard classification method for statistics and comparison of international trade products.
International Trade Standard Classification
- Standard International Trade Classification (SITC for short)
- The International Trade Standard Classification is a standard classification method used for statistics and comparison of international trade goods.
- The establishment of the International Trade Standard Classification of the International Trade Standard Classification dates back to the first half of the 20th century. The League of Nations was established in 1920, and began to develop a catalogue of international trade terms and merchandise statistics. In the 1930s, it published the Draft Tariff Terms, and based on this draft, it was revised into the Compendium of Commodity Catalogues for International Trade Statistics, which is used by all member states.
- After the end of World War II, 51 countries jointly created the United Nations. In order to carry out statistics and analysis of world trade, the UN Statistical Commission further revised the compendium of the above-mentioned commodity catalogues, and formulated the International Trade Standard Classification in 1950. The standard is divided into 10 categories, 50 major categories, 150 medium categories and 570 fine categories. It serves as the common basis for international statistical reporting and systematic analysis of world trade. The standard was recommended by the United Nations Economic and Social Council to member states for use in 1951. Since the International Trade Standard Classification was promulgated and implemented in 1951, it has been revised several times. Except for the immovable categories, the other categories have also expanded correspondingly with the increase of levels.
- SITC uses economic classification standards, that is, by raw materials,
| index | year 2013 | 2012 | year 2011 |
| Total exports (US $ million) | 2209372 | 2048714.42 | 1898381.46 |
| Exports of primary products (US $ million) | 107275.86 | 100558.21 | 100545 |
| Exports of food and major food animals (US $ million) | 52074.91 | 50493 | |
| Beverages and tobacco exports (US $ million) | 2590.41 | 2276 | |
| Exports of non-edible raw materials (US $ million) | 14341.47 | 14977 | |
| Exports of fossil fuels, lubricants and related raw materials (US $ million) | 31006.96 | 32274 | |
| Animal and vegetable fats and wax exports (US $ million) | 544.47 | 526 | |
| Exports of manufactured goods (US $ million) | 2102095.71 | 1948156.13 | 1797836 |
| Exports of chemicals and related products (US $ million) | 113565.36 | 114788 | |
| Exports of Light Textile Products, Rubber Products, Mining and Metallurgy Products and Their Products (Million USD) | 333140.81 | 319560 | |
| Machinery and transportation equipment exports (US $ million) | 964361.3 | 901774 | |
| Exports of Miscellaneous Products (Million USD) | 535671.87 | 459370 | |
| Exports of Other Commodities, Unclassified (Million USD) | 1416.79 | 2343 |
- The General Administration of Customs uses SITC classification for statistics when importing and exporting goods, in order to make a horizontal comparison with the imports and exports of other countries in the world. Data of previous years can be queried and downloaded at the General Administration of Customs and the National Bureau of Statistics [1]