4 minute read Rising uncertainties and geo-political tensions, together with more complex trade relations have increased the demand for data and tools to monitor global trade in a timely manner. At the same time, advances in Big Data Analytics and access to a huge quantity of alternative data – outside the realm of official statistics – have opened new avenues to monitor trade. These data can help identify bottlenecks and disruptions in real time but need to be cleaned and validated.

New work from the OECD Statistics and Data Directorate proposes a new methodology to identify ports, at a higher level of precision than in past research; builds indicators to monitor port congestion and trends in maritime trade flows; and provides a new Dashboard to get detailed information and better understand those flows.

8 minute read Getting timely information on global value chains is of key interest to policymaking, given the renewed interest in their resilience since the COVID-19 crisis. This article updates nowcasts of selected TiVA indicators for 2021-23 for 41 countries (36 OECD countries and Brazil, China, India, Indonesia, South Africa) and 24 industries, building on the OECD TiVA database, most recent data on balance of payments, national accounts and short-term indicators of the business cycles.