1196995690302

Australia’s practice of management, analysis and utilization of trade in services statistics.: 

Australia’s practice of management, analysis and utilization of trade in services statistics. Nic Brown Assistant Secretary Trade and Economic Analysis Branch Australian Department of Foreign Affairs and Trade November 2007

Australia’s trade in services – an overview: 

Australia’s trade in services – an overview

Ratio of services trade to total trade Selected countries – 2006 (a): 

Ratio of services trade to total trade Selected countries – 2006 (a) Source: IMF IFS Statistics & OECD (a) 2005 data for India, Indonesia and OECD

Australia’s services trade ratio to GDP: 

Australia’s services trade ratio to GDP Includes services for the Sydney Olympic Games Source: Australian Bureau of Statistics

Impact of the 2000 Sydney Olympic Games: 

Impact of the 2000 Sydney Olympic Games

Treatment of the Games: 

Treatment of the Games

Australia’s services trade 2006 : 

Exports Imports Australia’s services trade 2006 Source: Australian Bureau of Statistics

Australia’s exports of services by major market - 2006: 

Australia’s exports of services by major market - 2006 Source: Australian Bureau of Statistics

Australia’s imports of services by major source - 2006: 

Australia’s imports of services by major source - 2006 Source: Australian Bureau of Statistics

Statistical framework for Australian trade in services statistics: 

Statistical framework for Australian trade in services statistics

History of collecting Australian services statistics: 

History of collecting Australian services statistics Compiled by the Australian Bureau of Statistics (ABS) Integral part of BOP and National Accounts Statistics Collected from banking statistics up to the 1970s Only broad aggregates produced From 1980s sourced from business surveys and other ‘administrative’ data Range of data collected expanded to meet users needs

Conceptual framework: 

Conceptual framework IMF Balance of Payments Manual version 5 (BPM5) Resident/non-resident transactions Does not cover foreign affiliates trade (Mode 3) Services valued at market price Services include some transactions in goods, Travel expenditure by visitors and students and government personnel (including defence) Packaged software included in goods

Trade in services statistics - Beyond the BOP framework: 

Trade in services statistics - Beyond the BOP framework The United Nations has published the Manual on Statistics of International Trade in Services, 2002 Four GATS modes of supply

Modes of supply: 

Modes of supply Four modes of supply Mode 1 Cross border supply Mode 2 Consumption abroad Mode 3 Commercial presence Mode 4 Movement of natural persons Data by country, by mode of supply by detail services activity

Data sources: 

Data sources ABS Survey of International Trade in Services (SITS) Stratified sample survey Conducted quarterly Maintaining coverage is an issue

Data sources continued: 

Data sources continued Administrative data Merchandise trade data Overseas arrivals and departures data Student visa data Survey of International Students International and National Visitors Survey Australia Prudential Regulatory Authority (APRA) financial and insurance data

ABS Extended BOP classification: 

ABS Extended BOP classification Extended services classification 11 major groups 60+ detailed services commodities Because of confidentiality, the level of detail for most countries will only be up to the 11 major groups

User needs for Australian trade in services statistics: 

User needs for Australian trade in services statistics

Unmet user demand: 

Unmet user demand Trade in services data to support trade negotiations (modes of supply) Monitor finalised trade agreements WTO dispute settlement procedures, ESM and rule on services disciplines Services industries bodies To promote services trade Identify barriers to services trade

ABS ITSUG: 

ABS ITSUG International Trade in Services User Group Government and industry representation Forum to discuss trade in services statistics User needs Methodology and data sources Expertise in particular service fields

Future directions and challenges: 

Future directions and challenges Impact of changing technology and ways of doing business Revise methodology and data sources for government, financial and insurance services Update to BPM6 in September 2009 Addressing the impact of confidentiality Collect trade in services statistics by the four GATS modes of supply