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https://github.com/mwouts/world_trade_data
World Integrated Trade Solution (WITS) API in Python
https://github.com/mwouts/world_trade_data
data statistics trade worldbank
Last synced: 8 days ago
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World Integrated Trade Solution (WITS) API in Python
- Host: GitHub
- URL: https://github.com/mwouts/world_trade_data
- Owner: mwouts
- License: mit
- Created: 2019-11-24T22:42:26.000Z (about 5 years ago)
- Default Branch: master
- Last Pushed: 2023-07-19T14:59:15.000Z (over 1 year ago)
- Last Synced: 2024-11-29T21:17:44.856Z (25 days ago)
- Topics: data, statistics, trade, worldbank
- Language: HTML
- Homepage: https://mwouts.github.io/world_trade_data
- Size: 265 KB
- Stars: 31
- Watchers: 5
- Forks: 12
- Open Issues: 5
-
Metadata Files:
- Readme: README.md
- Changelog: CHANGELOG.md
- License: LICENSE
Awesome Lists containing this project
README
# World Trade Statistics (WITS) API in Python
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StarThis package is an implementation of the [World Integrated Trade Solution API](https://wits.worldbank.org/witsapiintro.aspx).
Use this package to explore the [Trade and Tariff Data](https://wits.worldbank.org/) published by the [World Bank](https://www.worldbank.org/).This python package itself is licenced under the MIT License. Different Terms and Conditions apply to the WITS data itself, please read the [Frequently Asked Questions](https://wits.worldbank.org/faqs.html) on the WITS website.
# Quick tutorial
## Installation
Install or update the _World Trade Data_ python package with
```
pip install world_trade_data --upgrade
```## Get the list of countries, products, indicators
See the outputs of the commands below on [GitHub](https://mwouts.github.io/world_trade_data/). Or even, open this `README.md` as a notebook and run it interactively on [Binder](https://mybinder.org/v2/gh/mwouts/world_trade_data/master?filepath=README.md)!
```python
import pandas as pd
import world_trade_data as wits
pd.set_option('display.max_rows', 6)
``````python
wits.get_countries()
``````python
wits.get_products()
``````python
wits.get_indicators()
```All these methods accept a `datasource` argument, which can be any of
```python
wits.DATASOURCES
```The nomenclature, and data availability, are accessible with `get_nomenclatures()` and `get_dataavailability()`.
## Get the Trade or Tariff data
Indicators are available with `get_indicator`. Tariff rates can be loaded with `get_tariff_reported` and `get_tariff_estimated`.
## Working with codes rather than with category names
The three functions above accept a `name_or_id` argument that defaults to `'name'`. Use `name_or_id='id'` to
get codes rather than full description for products and countries:```python
wits.get_indicator('MPRT-TRD-VL', reporter='usa', year='2017', name_or_id='id')
```## Sample use case
In the below we show how to collect and plot the Import and Export data for the USA in 2017.
![](https://raw.githubusercontent.com/mwouts/world_trade_data/master/examples/usa_2017.png)
To begin with, we request the values for the corresponding import and exports. Here, we use the default value for `partner='wld'`, and the default value for `product='all'`.
```python
usa_imports_2017 = wits.get_indicator('MPRT-TRD-VL', reporter='usa', year='2017')
usa_exports_2017 = wits.get_indicator('XPRT-TRD-VL', reporter='usa', year='2017')
``````python
usa_imports_2017
```Now we remove the first levels of the index
```python
usa_imports_2017 = usa_imports_2017.loc['Annual'].loc['United States'].loc['World']
usa_exports_2017 = usa_exports_2017.loc['Annual'].loc['United States'].loc['World']
```Note that one line in the table gives the value for imports on all products:
```python
usa_imports_2017.loc['All Products']
```In order to avoid double counting, we only look at sectors:
```python
products = wits.get_products()
sectors = products.loc[(products.grouptype=='Sector') & (products.index!='Total')].productdescription.values
sectors
```and make sure that we reproduce well the total:
```python
assert pd.np.isclose(usa_imports_2017.loc[sectors].Value.sum(), usa_imports_2017.loc['All Products'].Value)
```Finally we represent the data using e.g. [Plotly's Pie Charts](https://plot.ly/python/pie-charts/)
```python
import plotly.graph_objects as go
from plotly.subplots import make_subplotsimports_musd = usa_imports_2017.loc[sectors].Value / 1e3
exports_musd = usa_exports_2017.loc[sectors].Value / 1e3fig = make_subplots(rows=1, cols=2, specs=[[{'type':'domain'}, {'type':'domain'}]])
fig.add_trace(go.Pie(labels=sectors, values=imports_musd, name="Imports"), 1, 1)
fig.add_trace(go.Pie(labels=sectors, values=exports_musd, name="Exports"), 1, 2)fig.update_traces(hole=.4,
scalegroup='usa',
textinfo='label',
hovertemplate = "%{label}
%{value:,.0f}M$
%{percent}")fig.update_layout(
title_text="Trade Statistics, USA, 2017",
annotations=[dict(text='Imports
{:.3f}T$'.format(imports_musd.sum()/1e6),
x=0.17, y=0.5, font_size=16, showarrow=False),
dict(text='Exports
{:.3f}T$'.format(exports_musd.sum()/1e6),
x=0.83, y=0.5, font_size=16, showarrow=False)])
fig.show(renderer='notebook_connected')
```# References & Alternatives
- The official [WITS portal](https://wits.worldbank.org/) let you visualize and download trade and tariff data. And the API implemented in this package is documented [here](https://wits.worldbank.org/witsapiintro.aspx).
- The WITS data can be accessed in R with the [tradestatistics](https://tradestatistics.io/) library.
- An alternative way to access the WITS data is to use [pandasdmx](https://pandasdmx.readthedocs.io/).