Intrastat
Also called: intra-EU trade statistics
The system for collecting statistics on trade in goods between EU member states, which replaced customs-based statistics after the single market removed internal border formalities. Businesses above national thresholds report monthly using CN codes, values and partner countries.
In practice
Intrastat uses CN codes too, so classification errors in customs data often reappear in Intrastat returns.
Applies to: 
EU
Related terms
- CN code
- The eight-digit code of the EU Combined Nomenclature, which adds two digits to the HS code for customs duty and external trade statistics. The CN is…
- Statistical value
- The value of goods recorded for trade statistics, normally based on the customs value adjusted to the border of the reporting country, for example…
- Supplementary unit
- A quantity other than net mass that must be declared for some tariff lines, such as number of items, pairs, litres or square metres. The required…