GlossaryEN1 min readUpdated: Jun 18, 2026

statistical commodity code

Accurate trade statistics depend on a shared classification framework – that is the core function of the statistical commodity code.

Quick Answer

Last updated: 18 June 2026Published: 27 January 2026

Source: https://www.example.com/statistical-commodity-code

Category

Logistics Concept

Reading time

1 min

Words

125

Mentioned in

–

Definition & Explanation

Accurate trade statistics depend on a shared classification framework – that is the core function of the statistical commodity code. It is a standardized numeric identifier used to record goods in national and international trade statistics, typically derived from the World Customs Organization's Harmonized System (HS) and further subdivided at national level. In EU external trade, this corresponds to the eight-digit Combined Nomenclature (CN) code, which serves both customs and statistical purposes. The statistical commodity code should not be confused with a purely fiscal tariff number: while tariff numbers primarily determine duty rates, statistical codes enable the systematic capture of trade flows by volume, value, and origin. Forwarders and importers must assign the correct code, as errors distort trade data and may trigger post-clearance audits.

Next steps

Tools that match this term

Find HS codeDetermine the tariff number for customsOpen Calculate customs valueWork out import duties and customs valueOpen Compare IncotermsClarify duties, cost and riskOpen Calculate transit timeEstimate duration per transport modeOpen

Related Terms

You might also be interested in these terms

International Maritime Dangerous Goods Code (IMDG Code)

When a freight forwarder is tasked with shipping benzene by container vessel from Rotterdam to Singapore, the IMDG Code is the fir…

Learn more

Airline code

Two parallel coding systems exist to identify airlines unambiguously across booking, cargo, and billing platforms: the two-letter …

Learn more

Attribute Code Logistics

At goods receipt, at consolidation points, or during production, units are tagged with machine-readable codes that store operation…

Learn more

International Ship and Port Facility Security Code (ISPS Code)

The ISPS Code (International Ship and Port Facility Security Code) entered into force in 2004 as a mandatory amendment to the SOLA…

Learn more

Liquefied Petroleum Gas (LPG) Carrier Regulations

When an LPG carrier calls at port or conducts offshore cargo operations, a binding international framework takes effect – first an…

Learn more

authorization code

When a competent authority formally approves a customs transaction, shipment, or licensing process, it assigns an authorization co…

Learn more

Logistics knowledge straight to your inbox

Weekly: Top news, industry facts and insights from the world of logistics – free.

statistical commodity code

Next steps

Related Terms

International Maritime Dangerous Goods Code (IMDG Code)

Airline code

Attribute Code Logistics

International Ship and Port Facility Security Code (ISPS Code)

Liquefied Petroleum Gas (LPG) Carrier Regulations

authorization code

Logistics knowledge straight to your inbox

Community Questions & Answers