We are a goods producer, and some of our products move from country to country during the manufacturing process. Should we report the value-added of those products under merchanting services?
No. Value-added services are classified under manufacturing services for balance of payments accounting. Currently, the BE-125 survey does not collect information on manufacturing services. Merchanting services only covers goods that are both purchased and resold abroad where no significant improvements are made while those goods are owned by the merchant.