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CPS2145  Jee, Hui-Siang Brenda et al.

                          Asymmetry of international trade statistics:  a
                          focus on Sarawak’s liquefied natural gas (lng)
                                         trade with Japan
               Jee, Hui-Siang Brenda, Kiew, Leh-Yieng, Omar, Surhardi, Yahya, Roslawati
                                 Department of Statistics Malaysia, Sarawak

            Abstract
            In  the  era  of  globalisation  and  trade  liberalisation,  international  trade  is
            perceived  as  a  major  driver  of  economic  growth.  The  2030  Agenda  for
            Sustainable Development also recognises international trade as an engine for
            inclusive economic growth and poverty reduction, and an important means to
            achieve  the  Sustainable Development  Goals  (SDGs).  In  relation  to  this,  the
            compilation of  quality  data  needs  to  be fulfilled.  However,  in  international
            trade statistics, it has faced challenges of inconsistency that can be examined
            through mirror analysis. In this paper, we intend to discuss the asymmetry
            trade statistics of liquefied natural gas (LNG) between Sarawak and Japan from
            the year 2008 to 2017. By applying bilateral trade discrepancy index, the results
            of the study showed that data discrepancy of Sarawak’s LNG exports to Japan
            was positive. This indicates that the reported exports by Sarawak were less
            than the reported imports by Japan. However, the degree of discrepancy was
            relatively low, in the range of 3.0% to 14.0% that were influenced by trade
            valuation, exchange rate and other factors. Although it is difficult to eradicate
            these issues in international trade, it is however important to measure and
            identify the cause of asymmetry in future studies for the purpose of compiling
            better quality statistics.

            Keywords
            Mirror Analysis; Exports; Trade Discrepancy.

            1.  Introduction
                International trade is the exchange of capital, goods and services across
                                               1
            international  borders  or  territories .  In  the  era  of  globalisation  and  trade
            liberalisation, international trade is perceived as a major driver of economic
            growth. As stated in United Nations Conference on Trade and Development
            (2018),  “The  2030  Agenda  for  Sustainable  Development  recognises
            international trade as an engine for inclusive economic growth and poverty
            reduction, and an important means to achieve the Sustainable Development
            Goals (SDGs)”.
                 In relation to this, the compilation of quality data needs to fulfil several
            dimensions  such  as  data  completeness,  consistency,  accuracy,  validity  and

            1  Definition of international trade is referred from Wikipedia (2018)
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