Export services form an increasingly essential driver for international trade. Export services generated US$7.088 trillion from global sales during 2023. That dollar amount reflects an 11.9% increase from the $6.334 trillion worth of exported services for 2019, and a 3.2% uptick from 2022 to 2023. The overall total for exported services in 2023 approached a third (30.4%) … [Read more...] about World’s Top Export Services
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Top Online Singalong Songs
People’s love of music is a shared passion that also impacts international trade. In terms of products, worldwide exports of musical instruments were worth US$7 billion in 2019. String instruments--mostly guitars and violins--accounted for $993.2 million of that total. And as the world morphs into a predominantly digital economy, exported services have attracted an astounding … [Read more...] about Top Online Singalong Songs
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