Glossary
Standard International Trade Classification (SITC)
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A system used to classify traded goods by type and purpose.
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What is Standard International Trade Classification (SITC)?
Standard International Trade Classification (SITC) is a classification system developed by the United Nations to categorize traded goods by their nature and level of processing. It is used to facilitate international trade statistics and analysis by providing a uniform structure for reporting trade data across countries. SITC codes range from 0 to 9, with higher numbers representing more processed goods.
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