IMPORTS AND EXPORTS OF GOODS AND SERVICES
(P.6 and P.7)

3.128 Definition:

Exports of goods and services consist of transactions in goods and services (sales, barter, gifts or grants) from residents to non-residents.

3.129 Definition:

Imports of goods and services consist of transactions in goods and services (purchases, barter, gifts or grants) from non-residents to residents.

3.130 Imports and exports of goods and services do not include:

1. establishment trade, i.e.:

   (1) deliveries to non-residents by non-resident affiliates of resident enterprises, e.g. sales abroad by foreign affiliates of a multinational owned/controlled by residents;

   (2) deliveries to residents by resident affiliates of non-resident enterprises, e.g. sales by domestic affiliates of a foreign multinational.

2. primary income flows to or from the rest of the world, such as compensation of employees, interest and revenues from direct investment. The revenues from direct investment may include an indisguishable part for the provision of various services, e.g. training of employees, management services and the use of patents and trade marks;
3. the sale or purchase of financial assets or non-produced assets, like land and patents.