Intrastat Country Characteristics

The European Union (EU) has developed a statistical system, known as Intrastat, to collect information directly from enterprises about dispatches and arrivals of commodities among member countries.

At the country setup level, you can configure the data attributes that are required for reporting Intrastat transactions in a specific country.

Each Intrastat member country in the EU has an official reporting currency and a group of commodity codes expressed in Intrastat Common Nomenclature. The commodity codes are defined in the individual Intrastat catalogs for each member country. Individual country characteristics define the catalog used, invoicing advice, currency and weight rounding rules, and the methods for processing returns, kit reporting, and triangular trade transactions.

You must initiate an Intrastat declaration whenever goods cross from one country to another within the EU. However, instead of completing a form at the borders, you submit Intrastat declarations (typically on a monthly basis). The information that's tracked by the Intrastat system is based strictly on the actual physical movement of goods between member countries of the EU.

Note: Intrastat information doesn't apply to the movement of monetary amounts or the placement of orders between member countries.

As of 2015, there are 28 countries within the EU. Intrastat Reporting provides predefined country characteristics for the following countries:

• Belgium

• France

• Germany

• Italy

• Netherlands

• Portugal

• Spain

• United Kingdom