Overview of Intrastat Reporting

Intrastat Reporting enables companies to collect, record, and report statistics related to trade as per their respective government legislations.

Intrastat is the system for collecting and producing trade statistics for movement of goods within the member countries of the European Union (EU). Intrastat Reporting is available within the Manufacturing and Supply Chain Materials Management offering.

The EU developed the Intrastat system to collect information directly from enterprises about dispatches and arrivals of commodities among member countries. This system is based on basic EU regulations that apply to all countries; however, the practical application differs within the individual countries. Each country has its own handbook of what and how this works.

An Intrastat declaration must be made whenever goods cross from one country to another within the EU. However, instead of completing a form at the borders, Intrastat declarations are typically submitted monthly. 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.