Small states - Transport services exports

Transport services (% of commercial service exports)

The value for Transport services (% of commercial service exports) in Small states was 43.28 as of 2020. As the graph below shows, over the past 9 years this indicator reached a maximum value of 46.18 in 2011 and a minimum value of 36.21 in 2014.

Definition: Transport services (% of commercial service exports) 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
2011 46.18
2012 36.76
2013 37.52
2014 36.21
2015 36.65
2016 36.33
2017 39.46
2018 41.76
2019 41.37
2020 43.28

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Exports