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OECD has extracted monthly trade data from the UN Monthly Comtrade database, and aggregates the quarterly and annual frequencies by summing up the months. This may create discrepancies with annual trade figures as presented in International Trade by Commodity Statistics (ITCS). UN Monthly Comtrade (beta version) contains detailed merchandise trade data provided by countries (or areas) to the United Nations Statistics Division, Department of Economic and Social Affairs (UNSD/DESA).
Values are expressed in United States dollars (USD) and refer to declared transaction values. All exports are valued f.o.b. (free on board) and imports are valued c.i.f. (including cost, insurance, freight), except the imports of Canada and Mexico which are valued f.o.b. Detailed country metadata (currency conversion rates, information in HS classifications and data publication dates) can be found from the metadata file at the UN Monthly Comtrade website under the heading Metadata.