Nomenclature generale des Activites economiques dans les Communautes europeennes (NACE) refers to the industrial classification as defined in Revision 1 which is used by Eurostat.

Between 1961 and 1963 the Classification of industries established in the European Communities was developed and became known by its acronym Nice. In 1965 the classification of trade and commerce in the European Communities was compiled to cover all commercial activities known as NCE. In 1967 a classification for services was compiled followed by one for agriculture. In 1970 the General Industrial Classification of Economic Activities within the European Communities was compiled and known as NACE, later as NACE 70 or NACE 1970.

NACE Rev. 1 replaced NACE 1970. In so doing it established a direct link between the European classification and the internationally recognised ISIC Rev. 3 developed under the auspices of the United Nations. These two classifications are directly compatible at the 2-digit level and more detailed levels of ISIC Rev. 3 can be calculated by aggregating the more detailed levels from NACE Rev. 1.

NACE Rev. 1

17 Sections - letters A to Q
31 Subsections - 2-character alphabetical codes
60 Divisions - 2-digit codes
222 Groups - 3-digit codes
503 Classes - 4-digit codes

The NACE Rev. 1 Regulation was amended by a Commission Regulation in 1993 which modified the classification and a corrigendum was published in 1995.
.

-see also:
"NACE" is in the NACE Code "96"
Undifferentiated goods producing activities of private households for own use
... agriculture, are classified to the appropriate NACE agriculture category, rather than classified in 9 ...

"NACE" is in the HS Code "8416"
Furnace Burners For Liquid Fuel, For Pulverised Solid Fuel Or For Gas; Mechanical Stokers, Mechanica
FURNACE BURNERS FOR LIQUID FUEL, FOR PULVERISED SOLID FUEL OR FOR GAS; MECHANICAL STOKERS, MECHANICA

Ref: 86281/2006-09-13


Other Database Pages Exist for this Phrase:
Farinaceo (Farinaceo is the Italian term which means ...)
NACE ( Classification of Economic Activities in the ...)


Related Articles to the term 'NACE'

'Harmonized System' ■■■■■■■■■■
The latest version of the Harmonized System (HS) and Codes adopted by the United States is published . . . Read More
'International Standard Industrial Classification' ■■■■■■■■
The International Standard Industrial Classification system of All Economic Activities (ISIC) is maintained . . . Read More
'CPC' ■■■■■■■
There are two industrial interpretations for CPC: Central Product Classification, Cost per Click. . . . Read More
'Suburb' ■■■■■
Suburb in the industrial context refers to an outlying district or residential area located on the outskirts . . . Read More
'Fishing Hunting and Trapping' ■■■■■
Fishing, Hunting and Trapping industries in the Fishing, Hunting, and Trapping subsector harvest fish . . . Read More
'Fishing' ■■■■■
Fishing this industry comprises establishments primarily engaged in the commercial catching or taking . . . Read More
'Forestry' ■■■■■
Forestry: The term forestry refers to the science or practice of developing, cultivating, maintaining . . . Read More
'UNSPSC' ■■■■■
This classification is originally standardized by the United Nations (UN) and has been established mostly . . . Read More
'Urban Development' ■■■■■
Urban Development in the industrial and industry context refers to the planning, construction, and management . . . Read More
'Commodity' ■■■■■
Commodity: A commodity is good that is generally a primary good used in manufacturing such as timber, . . . Read More

You have no rights to post comments