SITC

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SITC

Standard International Trade Classification. A system used to classify goods traded internationally by type. Each type of good is given a numerical code, which is used to calculate statistics related to international trade. For example, the SITC code for organic chemicals is 51. The United Nations manages the SITC system.
References in periodicals archive ?
For the period, the largest growth in imports from the EU distributed according to the Standard International Trade Classification was reported in the section aBeverages and tobaccoa(62.4%), while the most notable decline was observed in the section aMineral fuel, oils and related productsa(48.8%).
In January 2018 in the imports of Bulgaria from third countries distributed according to the Standard International Trade Classification the largest growths compared to the same month of 2017 were recorded in the sections aAnimals and vegetable oils, fats and waxesa (81.5%) and aMachinery and transport equipmenta (59.8%).
In the period January - July 2017 compared to the same period of 2016 in the imports of Bulgaria from third countries distributed according to the Standard International Trade Classification the largest growths were recorded in the sections aCrude materials, inedible (except fuel)a 2 (82.3%) and aMineral fuel, lubricants and related materialsa (40.2%).
In the period January - June 2017 compared to the same period of 2016 in the imports of Bulgaria from third countries distributed according to the Standard International Trade Classification the largest growths were recorded in the sections aCrude materials, inedible (except fuel)a 2 (86.4%) and aMineral fuel, lubricants and related materialsa (46.0%).
In the period January - March 2017 compared to the corresponding period of 2016 the largest growth in imports from the EU distributed according to the Standard International Trade Classification was reported in the section aMineral fuel, lubricants and related materialsa (88.0%) while fall was observed only in section aBeverages and tobaccoa (9.5%).
In the period January - April 2017 compared to the same period of 2016 in the exports of Bulgaria to third countries distributed according to the Standard International Trade Classification the largest growths were recorded in the sections aMineral fuel, lubricants and related materialsa (58.8%) and aManufactured goods classified chiefly by materiala (39.9%).
The largest growth in exports was recorded in the sections "Beverages and tobacco" (33.1%) and "Chemical and related products" (20.5%), according to the Standard International Trade Classification. The most notable fall was recorded in the section "Mineral fuel, lubricants and related materials" (26.6%).
Compared to the corresponding period of 2015, the largest growth was posted in imports of "Miscellaneous manufactured articles" (19.1%), according to the Standard International Trade Classification. The most notable fall was observed in "Crude materials, inedible (except fuel)", at 35.8%.In August 2016, the Bulgarian imports from third countries rose by 14.3% in comparison with July 2015 and amounted to BGN 1.6478 B.
At FOB/FOB prices (after elimination of transport and insurance costs on imports) the negative balance in 2015 added up to BGN 4.0646 M.The exports of Bulgaria in 2015 distributed according to the Standard International Trade Classification showed that the largest growth was recorded in the section "Chemical and related products n.e.c." (12.5%).
As regards Bulgariaas exports to the EU in the first eleven months of 2014, the largest year-on-year growth of 12.3% was registered in aChemical and related products n.e.c.a, following the categorization of the Standard International Trade Classification.
There were annual increases in most of the categories of exported goods (following the Standard International Trade Classification).
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