Burundi - Exports of goods and services (current US$)

The latest value for Exports of goods and services (current US$) in Burundi was $141,640,400 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $250,866,300 in 2018 and $16,452,740 in 1965.

Definition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $24,500,000
1961 $26,250,000
1962 $28,000,000
1963 $17,500,000
1964 $36,750,000
1965 $16,452,740
1966 $17,828,570
1967 $19,257,140
1968 $18,861,710
1969 $18,371,430
1970 $25,945,140
1971 $21,329,140
1972 $28,961,140
1973 $33,526,600
1974 $33,674,920
1975 $34,839,360
1976 $61,551,300
1977 $96,342,220
1978 $71,443,340
1979 $110,822,200
1980 $81,022,220
1981 $88,603,340
1982 $103,470,000
1983 $97,956,970
1984 $113,561,100
1985 $126,803,800
1986 $140,881,000
1987 $110,260,300
1988 $136,282,900
1989 $108,560,200
1990 $89,130,250
1991 $115,775,300
1992 $94,756,920
1993 $88,062,140
1994 $95,016,970
1995 $129,318,800
1996 $50,580,560
1997 $95,688,940
1998 $71,499,430
1999 $61,217,970
2000 $55,005,760
2001 $45,410,970
2002 $38,676,370
2003 $50,072,050
2004 $63,635,540
2005 $69,261,010
2006 $92,956,380
2007 $92,221,560
2008 $169,242,800
2009 $117,576,000
2010 $197,117,200
2011 $196,752,200
2012 $226,330,900
2013 $223,097,900
2014 $205,732,000
2015 $177,974,000
2016 $181,802,500
2017 $204,593,900
2018 $250,866,300
2019 $240,281,300
2020 $141,640,400

Limitations and Exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Data on exports and imports are compiled from customs reports and balance of payments data. Although the data from the payments side provide reasonably reliable records of cross-border transactions, they may not adhere strictly to the appropriate definitions of valuation and timing used in the balance of payments or corresponds to the change-of ownership criterion. This issue has assumed greater significance with the increasing globalization of international business. Neither customs nor balance of payments data usually capture the illegal transactions that occur in many countries. Goods carried by travelers across borders in legal but unreported shuttle trade may further distort trade statistics.

Statistical Concept and Methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.

Aggregation method: Gap-filled total

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts