(This article was originally published at Blog about Stats, and syndicated at StatsBlogs.)
The joint OECD – WTO Trade in Value-Added Initiative breaks with conventional measurements of trade, which record gross flows of goods and services each time they cross borders. It seeks instead to analyse the value added by a country in the production of any good or service that is then exported, and offers a fuller picture of commercial relations between nations.
The new methodology and its results are visually explained. Video and an interactive presentation give beautifully made insights.
Filed under: 01 New on the Web, 09 Stat.Office / Organization, OECD Tagged: exports, methods
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