Classification by broad economic categories: defined in terms of the harmonized commodity description and coding system (2012) and the central product classification, 2.1

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. See more