Glossary:Export
From Statistics Explained
In national accounts exports consist of transactions in goods and services (sales, barter, gifts or grants) from residents to non-residents:
- An export of a good occurs when there is a change of ownership from a resident to a non-resident; this does not necessarily imply that the good in question physically crosses the frontier. If goods cross the border due to financial leasing, as deliveries between affiliates of the same enterprise or for significant processing to order or repair national accounts impute a change of ownership even though in legal terms no change of ownerhip takes place. According to the European system of national and regional accounts (ESA95) smuggled goods must also be included in exports.
- Export of services consist of all services rendered by residents to non-residents. In national accounts any direct purchases by non-residents in the economic territory of a country are recorded as exports of services; therefore all expenditure by foreign tourists in the economic territory of a country is considered as part of the exports of services of that country. Also international flows of illegal services must be included.
Extra-EU exports of goods are goods which leave the statistical territory of the European Union for a third country after being placed under the customs procedure for exports (for definitive export) or outward processing (goods for working, further processing) or repair or following inward processing. Intra-EU exports of goods are goods which leave a Member State of the EU for another Member State for definitive export, outward processing or repair or following inward processing.
Source
- Eurostat: European System of Accounts - ESA 1995, ยงยง 3.128-3.146, Office for Official Publications of the European Communities, Luxembourg, 1996
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