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different dimensions of trade performance: (i) the composition, orientation, and growth of exports and imports, (ii) the degree of export diversification across products and markets, (iii) the level of sophistication of a country's main exports, and (iv) the survival rate of its export relationships. The toolkit can be used to assess the competitiveness of a country's overall basket of products as well as specific traded sectors. It facilitates the identification of the primary constraints to improved trade competitiveness and the policy responses to overcome these constraints.
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array of options. These options include the selection of countries of interest, product classifications, the usage of reported or mirrored data, and the years of the analysis. In addition, users can also create ad-hoc country and product groups or—when relevant—investigate specific trading partners. It is also possible to generate only a subset of indicators and get comparative data on peer countries. The user's guideline document provides specific details for these options.
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WITS has a trade outcomes indicators module that can be used to review the country-level performance of exports along various dimensions. The trade outcomes tool follows the analytical framework developed in the World Bank's trade competitiveness diagnostic toolkit. It provides indicators along four
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WITS has introduced a module for global value chain analysis using the underlying UN cmtrade data on gross exports and imports. The module construct trade indicators related to country's participation in global value chains. Using the informed classifications based on
Sturgeon and Memedovic (2011)
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WITS has multiple sections, including summary trade statistics by country on total exports, imports, export/import partners, top product groups exported/imported, top exporters and importers in the World, derived analytical databases, and a WITS application allowing the user to use the underlying
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The second section of WITS allows users to perform advanced analysis and select their own set of country and country groups, product and product groups, bulk download data, analyze trade competitiveness of countries and perform tariff cut simulation. The trade outcomes module provides a flexible
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As an alternative to the indicator by indicator analysis, the software offers a built-in set of choices that the user can automatically employ to generate the set of indicators by section for the country and the year of choice. The output is data for each indicator along with a companion
157:'s integrated data base for applied tariffs and imports, and from the WTO's consolidated tariff schedules database for the bound duties of all WTO members. WITS also has a module called global preferential trade agreement to search and browse
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paper. The module allows measuring global value chains related performance through: (i) country analysis, (ii) regional analysis, (iii) inter-regional analysis, and analysis of (iv) individual products of interest.
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