Dataset
The OECD International Transport and Insurance Costs of merchandise trade (ITIC) dataset provides information on the costs associated with transporting and insuring goods across borders. These costs are expressed as CIF/FOB margins, interpreted as the difference between the Cost, Insurance, and Freight (CIF) and the Free-On-Board (FOB) valuations for the same import flow. To build ITIC, all available official statistics on imports with both CIF and FOB prices are gathered, broken down by partner country and by commodity; later, a gravity model is estimated and used to predict the CIF/FOB margins for countries lacking explicit data, providing global coverage. The final dataset encompasses over 200 economies and partners and more than 1,200 products according to the Harmonized System (HS 2017).
