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Intro to
Classification | SIC & NAICS | Other codes
From Question to Resource
Other
classification codes
(And there are a bunch!)
International trade,
or commodity, classification codes:
Where industry
classification codes are used to track production, commodity classification codes are used
to track trade between countries. Here are some of the
more commonly seen codes:
- Harmonized System (HS), or Harmonized Commodity Description and and Coding System (from
the World Customs Organization).
Developed in 1985, it has six-digit codes. Six digits are insufficient for many countries
to describe their trade, but the HS provides a classification backbone which individual
countries can extend to meet their needs. For example, the US has expanded the HS to
ten-digits in its HTS.
- SITC or Standard
Industrial Trade Classification. This code is from the United Nations. Created in 1950, it
is a five-digit code with 10 major categories. It is used in such standard reference
sources as Industrial Commodity Yearbook, etc.

US Trade or commodity
codes: These codes only
reflect trade, not production.
International
Industry codes:
Just as the US uses NAICS / SIC and the NAFTA countries use NAICS to organize
their production statistics, some other
countries and regions have their own industry classification codes. In addition,
there are international codes used by countries belonging to the big NGO's such as the
International Monetary Fund, the World Bank, and the United Nations.
- NACE, or Nomenclature des
activités commerciales et économiques. This is the code for the European Union.
(This online listing is from a Swedish commercial site, LänsTekniskt Centrum Kramfors, or
LTCK.)
It is also in NACE Rev.1: Statistical classification of economic activities in the
European Community, Mem Ref HD 2844 .N33 1996.
- ISIC,
International Standard Industry Classification, Revision 3. From the United Nations.
Intro to Classification | SIC
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