Caribbean small states - Transport services imports

Transport services (% of commercial service imports)

The value for Transport services (% of commercial service imports) in Caribbean small states was 29.61 as of 2020. As the graph below shows, over the past 44 years this indicator reached a maximum value of 50.40 in 1978 and a minimum value of 24.29 in 2016.

Definition: Transport services (% of commercial service imports) covers all transport services (sea, air, land, internal waterway, space, and pipeline) performed by residents of one economy for those of another and involving the carriage of passengers, movement of goods (freight), rental of carriers with crew, and related support and auxiliary services. Excluded are freight insurance, which is included in insurance services; goods procured in ports by nonresident carriers and repairs of transport equipment, which are included in goods; repairs of railway facilities, harbors, and airfield facilities, which are included in construction services; and rental of carriers without crew, which is included in other services.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1976 50.19
1977 50.30
1978 50.40
1979 49.66
1980 48.88
1981 47.05
1982 45.41
1983 43.60
1984 41.57
1985 41.75
1986 42.27
1987 42.81
1988 41.92
1989 47.56
1990 46.30
1991 47.22
1992 44.56
1993 44.84
1994 44.49
1995 39.96
1996 40.96
1997 41.23
1998 42.96
1999 39.32
2000 39.65
2001 34.82
2002 33.95
2003 39.45
2004 41.03
2005 38.63
2006 41.26
2007 41.26
2008 41.32
2009 36.62
2010 34.68
2011 33.35
2012 31.66
2013 31.57
2014 28.82
2015 27.25
2016 24.29
2017 25.66
2018 28.51
2019 30.05
2020 29.61

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Imports