International trade

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The Supply and Use Tables (SUTs) provides aggregate estimates of international trade by product by province and territory. Preliminary merchandise trade and BOP-based data are used to compile national estimates of international trade for reference years beyond the official SUTs. As a result, TCSP estimates beyond the reference years of the SUTs are subject to revisions.

Culture and sport ratios from the Provincial and Territorial Culture Indicators (PTCI) are applied to the SUTs in order to derive TCSP estimates for international trade.

At the national level, customs-based international merchandise trade, as well as BOP trade data are used to allocate TCSP estimates to principle trading partners (PTPs). Prior to allocating TCSP estimates, the customs-based merchandise trade data are adjusted in order to align with the BOP concept of PTP which is based on country of export rather than country or origin.

Due to collection and reporting challenges with all international trade data, the PTP cannot always be determined. As a result, a portion of international trade is always defined as unallocated and is presented along with the estimates by PTP.

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