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Broad Economic Categories (BEC) aims to analyse international trade statistics by large economic classes of goods and services, based on the main outputs of corresponding industries, to facilitate broad analyses of trade and production. It can also be used to identify end-use dimensions (intermediate consumption, gross fixed capital formation, final consumption). It provides a new top level of broad economic categories, based on the main outputs of corresponding industries, to facilitate broad analyses of trade and production and It adds services and therefore refers to products rather than goods. It also identifies end-use as a separate dimension.
The Manual sets out an internationally agreed framework for the compilation and reporting of statistics on international trade in services in the broad sense. It addresses the growing need, including in international trade negotiations and agreements, for more detailed, comparable, and comprehensive statistics on this type of trade in its various forms. The recommendations will enable countries to progressively expand and structure the information they compile in an internationally comparable way. The Manual conforms with and explicitly relates to the System of National Accounts 1993 and the fifth edition of the IMF’s Balance of Payments Manual. It is published jointly by the United Nations, European Union, IMF, OECD, UNCTAD, and World Trade Organization.