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Service exports refer to the cross-border sale or supply of services by residents of one country to residents of another country. Some countries have significantly high export figures relative to their economy's size (i.e. Netherlands, Singapore and UAE) due to their high amount of re-exports.
The following table provides information on exports [2] and imports [3] of goods and services, based on the data published by World Bank, trade openness index, calculated as their sum, and the ratio between exports and imports. Sorting is alphabetical by country code, according to ISO 3166-1 alpha-3.
This is a list of countries by net goods exports, also known as balance of trade, which is the difference between the monetary value of a nation's exports and imports over a certain time period. [1] The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1 .
World map by current account balance (% of GDP), 2023, according to World Bank [1]. This is the list of countries by current account balance, expressed in current U.S. dollars and as percentage of GDP, based on the data published by World Bank, United Nations Conference on Trade and Development and Organisation for Economic Co-operation and Development.
According to the World Trade Organization (WTO), service exports refer to the cross-border sale or supply of services by residents of one country to residents of another country. Service exports can include a wide range of activities such as transportation, tourism, telecommunications, financial and insurance services, computer and information ...
Merchandise exports are goods that are produced in one country and sold to another country. Only physical objects are counting under this kind of exports. For example, cars, clothing, machinery, and agricultural products are merchandise exports. Exports of services are excluded.
Global exports (in millions USD) Rank Country Exports (in millions USD) Manufacturing services on physical inputs owned by others 123,721 1 China: 20,102 2 Germany: 15,282 3 France: 13,856 4 Netherlands: 10,476 5 Italy: 6,979 Maintenance and repair services n.i.e. 90,240 1 United States: 14,468 2 France: 12,712 3 Germany: 12,075 4 China: 8,434 5
Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. [2] Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates.