Methodology for estimating bilateral trade flows

UNCTAD, Feb. 08

Attached a brief note on the proposed methodology for estimating bilateral trade flows.

Use of the Trade Transformations Table provides a very flexible and convenient way to correct inconsistencies and distortions in actual trade flows. The concept of this table has been borrowed from the UNSD methodology, and the existing version of the table strictly corresponds to UNSD’s Blocking Table (though its functionality has been extended comparing to the original).

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