CEPII, Recherche et Expertise sur l'economie mondiale
Table 9 Breakdown of the country’s total trade by type and industry (in % of total exports and imports of the industry, 3 years average at the beginning and the end of the last decade)

Source: CEPII, WTFC (World Trade Flows Characterization) database.

Notes:

Individual data are not available for Belgium and Luxembourg for the whole period.
Tables for Belgium or Luxembourg refer to the sum of the two countries.

Products are defined at the 6-digit level of the Harmonized System in BACI database. They are aggregated by industry according to the CHELEM nomenclature (see Classifications). Exports and imports are summed, and a 3 years average is calculated. Data are broken down by type. For each row, the total is 100%.

Types of trade are distinguished according to Fontagné & Freudenberg (1997) methodology.

One-Way Trade: inter-industry trade.
Two-Way Trade in variety: intra-industry trade of horizontally differentiated products (similar characteristics and unit values).
Two-Way Trade in quality: intra-industry trade of vertically differentiated products (similar characteristics but different unit values).
Unventilated Two-Way Trade: intra-industry trade without information on unit values.

Two-way versus one-way trade

Two partners may export and import the same product. For example, French producers may export cotton men's shirts to Spain, while Spanish producers may export the same category of product to France. There is thus a trade overlap. If the overlap is above a given threshold, then the flow is defined as two-way trade, or intra-industry trade.
Trade at a country-partner-product-year level is considered to be two-way or intra-industry when the value of the minority flow (the smallest value between the export and import flows) represents at least 10% of the majority flow:

According to the conditions summarized in the following table, each pair of flows (exports and imports) is associated with one of the four types of trade:
  • one-way or inter-industry trade,
  • two-way trade in variety or in horizontally differentiated (similar) products,
  • two-way trade in vertically differentiated products,
  • unventilated two-way trade (without information on unit values).

 CEPII Country Profiles: indicators, databases and classifications

 Panorama du CEPII
N°2015-01, juin 2015


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