Services, Trade and Development - UNCTAD For developing countries, service trade is the new frontier for enhancing their participation in international trade and, in turn, realizing development gains Moreover, as services trade demonstrated relative resilience in the latest financial and economic crises this creates additional incentives for countries to incorporate services trade
Bulletin Trade in Services - UNCTAD Trade in Services #01 APRIL 2024 The presented trade in services statistics follow the IMF Balance of Payments Manual 6 (BPM6, 2009) classification Quarterly estimates are based on the statistics available in national and international sources for some 150 economies, representing over 85% of total international services trade
Trade in Services | UN Trade and Development (UNCTAD) World services exports reached $7 9 trillion in 2023 and grew by 8% annually At the regional level, Latin America and the Caribbean recorded the highest annual growth in services exports, at 12%
Trade in Services | UN Trade and Development (UNCTAD) World services exports value increased by 8 2% year-on-year (YoY) in the first quarter of 2024 In a continued recovery from the COVID-19 pandemic, travel exports registered a rise of almost 20% YoY
Fact sheet #6: Trade in services by category - UNCTAD Global trends by service category Among main service categories (figure 2 2 1), telecommunications, computer and information services were the only group recording growth in 2020 (4 1 per cent) Amid the COVID-19 pandemic, the international trade in other main categories declined
DIGITALISATION OF SERVICES - UNCTAD of University of Oxford, under the direction, and in close collaboration with Miho Shirotori, Head, Trade Negotiations and Commercial Diplomacy Branch (TNCDB), and Dong Wu, Chief of Service Trade and Development, TNCDB, Division on International Trade and Commodities (DITC), United Nations Conference on Trade and Development (UNCTAD)
Services are powering growth. Here’s how developing nations . . . - UNCTAD Service exports, now representing 25% of world trade, offer a bright spot amid a subdued global economic outlook In 2023, trade in services expanded by 5% in real terms, contrasting a 1 2% contraction in merchandise trade, according to the Trade and Development Report 2024
Trade in Services | UN Trade and Development (UNCTAD) For the fourth quarter of 2023, the quarter-on-quarter seasonally adjusted growth rate of services exports was estimated at 0 5%, pointing to a slowdown in global services trade over the last few months of 2023 Region-wise, Q4 witnessed mixed year-on-year services trade trends, with the highest relative expansion recorded for Asia and Oceania
UNCTADstat - United Nations Conference on Trade and Development We have organized the Data Insights into six key themes that reflect our current statistical offerings: International trade, Economy, investment and finance, Maritime transport, Environment and related trade, Digital economy and technology, and Population and inclusiveness
INTERNATIONAL TRADE IN SERVICES 2021 - UNCTAD services trade (percentage) After 2016, Africa's low share in world services trade increased modestly up to 2019 The COVID -19 pandemic pushed African market shares to the lowest in 12 years Long -distance international travel and related services