1. 20 EXPLANATORY NOTES System of Trade Classification The Standard International Trade Classification List issued by the United Nations Economic and Social Council has been adopted for the Classification of all merchandise with effect from Ist January, 1954. ‘6. System of Trade The tabulations are prepared on the basis of the “General Trade” of the Colony. (a) Imports relate to all goods (except transhipment goods) imported into the Country whether entered for Home Consumption or warehousing or subsequently exported. (b) Domestic exports relate to woods which are the growth, produce or manufacture of the Colony. (ec) Re-exports relate to goods which had been imported and subsequently exported (other than transhipment goods), {d) Imports by Parcel Post are not classitied and are entered according to value. (e) Exports by Parcel Post are not recorded, Quantities and Values (a) All quantities and values are based upon the declaration of Importers and Exporters which are subject to verification by Customs Officials. (b) All values are shown in the British West Indian dollar which is inked to sterling at four shillings and two pence (4/2d). Imports are valued C.I.F. and exports including re-exports F.O.B. The C.I.F. Valuation is the open market value of the goods at the time of importation including insurance and freight. The F.O.B. Value is the cost of the goods to the purchaser abroad, including all charges up to the time of the delivery to the exporting ship but not including sea and air freight or marine and air insurance. (c) Articles imported into the Country for repair are not valued on importation and only the costs of repairs (plus any other appropriate charges) are shown on re-exportation. Articles exported from the Country for repair are not valued on exportation and only the costs of repairs (plus any other appropriate charges) are shown on re-importation. Definition of Countries and Areas (a) Imports are ascribed to the Countries of origin of the goods. (b) Exports are ascribed to the Country of final destination. Exclusions The following items are excluded from the Trade Statistics :— (a) Gold Coin and bullion, issued Coinage and issued Bank notes. (b) Goods on lease such as Cinematograph films. Period Covered The figures of Imports and Exports represent the totals shown on all Customs Documents brought to account during the calendar year. 7, Units of quantity with their abbreviations Abbreviations Meaning No. Number Ton Ton Avoirdupois Cwt. 112 Ibs. Avoirdupois Lb. Pound Avoirdupois Gal. or Gin. Old Wine Gallon Sq. Yd. Square Yard Ft. Foot Cub. Ft. Cubic Foot Sup Ft. Superficial Foot Doz. Dozen (12) Oz. Ounce Pr. Pair