quasi transit trade in the european union
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1
Quasi transit trade in the European Union
Item 10 of the agendaIssue paper n. 11
Daniela CominiEurostat
2
Y A B
X
50
50 150
EU
?
Example 1
150
Y A B
X
50
50 150
150
EU
?
Example 2
From page 14 of doc n. 11
3
Y A B
X
50 goods
50 150
EU
?
Example 1
150 goods
Y A B
X
50
50 150
150
EU
?
Example 2
Hot to correct the gap: impu-tation under services
100 services/merchanting
100 services branding
4
Quasi transit trade in Belgium : page 21 doc n.11
Belgium: quasi transit trade
0
10 000
20 000
30 000
40 000
50 000
60 000
70 000
2004 2006 2007
Extra EU imports
Intra EU exports
Value gap
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Where shall the value added be recorded? Page 17 doc n.11
Country Y Country A Country B Country XUses Resources Uses Resources Uses Resources Uses Resources
Domestic use 150Exports/Imports of Goods 50 150 50 150Exports/Imports of Services 100 100Value Added 50 0 0 100
Country Y Country A Country B Country XAssets Liabilities Assets Liabilities Assets Liabilities Assets Liabilities
Financial Accounts 50 150 150 50100 100
Extra EU imports
Intra-EU Exports
Imports of services
6
Questions for participants (page 20 doc 11)
Q1 - Is "Quasi transit trade" a problem only for the European Union and the countries of the EU, or does it affect other countries?
Q2 - Is "Quasi transit trade" a problem only for economic unions and custom areas, or does it represent a problem also for national economies?
Q3 – In case of merchandise trade involving subsidiaries of multinational enterprises, do the experts foresee a major change in the way the transactions in goods will be recorded in the future, as a consequence of the drop of the assumption of change of ownership?
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