MEDSTAT IV uses data from business registers to improve external trade analysis

13-03-2018
MEDSTAT IV
MEDSTAT IV

On March 7, 2018 the project MEDSTAT IV gathered in Madrid MED experts on both external trade statistics and business registers to discuss the mutual benefits of a closer collaboration. Both sectors produce statistical information on firms and establishments that may be cross-checked.

For the business register, the main advantage of this exchange is to regularly update the register from external trade statistics and to measure the exports through the turnover of companies. Another potential benefit is calculating specific ratio to estimate the activity of a firm or sector when there is no response through the regular economic surveys.

For foreign trade statistics, the exchange of files would allow analysing imports and exports by sector of activity, by size of firm according to the number of jobs or turnover. An example of this type of analysis was presented by representatives from Eurostat, a model that the participants from Israel, Morocco, Palestine and Tunisia agreed to replicate. The results of these experiences will be then shared and discussed within the region.

The MEDSTAT IV project provides expertise and technical support to promote the harmonisation of statistics in line with EU and international standards in 6 domains: business register and business, trade and balance of payments, energy, labour market, migration and transport. It follows on the previous phase implemented over the period 2010-2013.

 

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