Export services form an increasingly essential engine for international trade. Export services generated US$6.098 trillion from global sales during 2019. That dollar amount reflects a 22.1% increase from the $4.994 trillion worth of exported services for 2015, and a 1.5% uptick from 2018 to 2019. The overall total for exported services is almost a third (32.5%) compared to … [Read more...] about World’s Top Export Services
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World’s Fastest-Growing Export Services
From 2012 to 2016, the average increase for all export services was 7.9%. Total export services sales grew from US$13.28 trillion in 2012 to $14.329 trillion during 2016. Miscellaneous maintenance and repair services was the fastest-growing service category over that five-year period via a 52.9% gain. In second place were telecommunications, communication and computer services … [Read more...] about World’s Fastest-Growing Export Services