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Codes & Terms Key to Codes & Terms
12-Month Moving Average (Quantity) -
Calculated by averaging the current month and the previous eleven
(11) months of data. This average can be used as an indicator
of the commodity's general quantity trend.
12-Month Moving Average (Unit Value) -
Calculated by averaging the current month and the previous eleven
(11) months of data. This average can be used as an indicator
of the commodity's general value trend.
Quantity Percent Change -
Compares the change in quantity for the same month in the previous
year.
Relative Strength -
Indicates how the commodity's price compares to the average price
of all seafood products. The relative strength is calculated
by dividing individual price by the SMA import aggregate seafood
price index and averaging the data for the current month and the
past eleven (11) months.
SMA Import Code
- Data identification code assigned by Seafood Market Analyst.
Unit Value Percent Change
- Compares the change in unit value for the same month in the
previous year.
USDC Code - The
commodity number as designated on Customs' Form Schedule B - Statistical
Classification of Domestic and Foreign Commodities Exported from
the United States.
US Imports (Exports):
Country of Origin
- This is the country of manufacture, production or growth of
any product. Further work or material added to an article in
another country must effect a substantial transformation in order
to render the other country the "country of origin."
District of Entry - The
district that the commodity passes through U.S. Customs for distribution.
Quantity - The
amount, in terms of metric tons, as compiled from the U.S. Customs
Automated Commercial System, import entry summary forms, warehouse
withdrawal forms, and Foreign Trade Zone documents.
Unit Value - The
customs value reflects the value of imports as appraised by the
U.S. Customs Service in accordance with the legal requirements
of the Tariff Act of 1930 as amended. This value is generally
defined as the actual price paid or payable for merchandise when
sold for exportation to the U.S., excluding U.S. import duties,
freight, insurance, and other charges incurred in bringing the
product to the U.S.
Key to Codes & Terms
12-Month Moving Average (Quantity) -
Calculated by averaging the current month and the previous eleven
(11) months of data. This average can be used as an indicator
of the commodity's general quantity trend.
12-Month Moving Average (Unit Value) -
Calculated by averaging the current month and the previous eleven
(11) months of data. This average can be used as an indicator
of the commodity's general value trend.
Quantity Percent Change -
Compares the change in quantity for the same month in the previous
year.
Relative Strength -
Indicates how the commodity's price compares to the average price
of all seafood products. The relative strength is calculated
by dividing individual price by the SMA import aggregate seafood
price index and averaging the data for the current month and the
past eleven (11) months.
SMA Import Code
- Data identification code assigned by Seafood Market Analyst.
Unit Value Percent Change
- Compares the change in unit value for the same month in the
previous year.
USDC Code - The
commodity number as designated on Customs' Form Schedule B - Statistical
Classification of Domestic and Foreign Commodities Exported from
the United States.
US Exports:
Country of Entry - The
country where the commodity is unladen from the exporting carrier.
District of Origin
- (a) Overland - the U.S. Customs port where the surface carrier
crosses the border; (b) Vessel and air - the U.S. Customs port
where the merchandise is loaded on the carrier taking the merchandise
out of the United States.
Quantity - The
amount, in terms of metric tons, as specified on Schedule B of
the Shipper's Export Declarations (SEDs), except from Canada.
Exports from Canada are calculated using Canada's import statistics
in accordance to the 1987 Memorandum of Understanding. Unit Value - This figure is based on Department of Commerce data on free alongside ship (f.a.s.) value at the port of export. This is calculated with price, including inland freight, insurance and other charges incurred to get the commodity alongside the carrier at the export destination. The value excludes cost of loading the product aboard the exporting carrier. This value also excludes freight, insurance and other charges that are incurred beyond the port of exportation. Seafood Market Analyst 2003. All Rights Reserved. |