ISSN 2284-7995, ISSN Online 2285-3952
 

SOME CONSIDERATIONS ON THE ACTUAL STATEMENT OF THE WORLD TRADE IN COMMERCIAL SERVICES

Published in Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 15 ISSUE 4
Written by Agatha POPESCU

The paper aimed to present the current statement of the global trade in services and also by geographical regions, emphasizing the top exporting and importing countries. A special attention was given to transport and travel services. The global export in services accounted for USD 4,645 Billion and the world import in services was USD 4,390 Billion in 2013. The share of the export services in the global trade with commodities and services is 20 %. Compared to the previous years, in 2013 it was noticed a decline in various regions regarding the annual change. However, the highest growth rate of the export in services belongs to the Netherlands, France, Germany, China, the USA, India, Japan and United Kingdom. The top exporting countries of services are: USA 14.3 % market share, United Kingdom 6.3 %, Germany 6,2 %, France 5.1 %, and China 4.4 %. The top importing countries of services are: the USA with 9.8 % market share, China 7.5 %, Germany 7.2 %, France 4.3 %, and United Kingdom 4 %. The EU-28 is the top exporter of services with USD 891 Billion export value, representing 25 % of the world export and also the top importer with USD 668 Billion import value of services. It was followed by the USA, China, India and Japan. The travel services and transport services represent about 25 % and, respectively 22 % in the global trade with services.

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© 2019 To be cited: Scientific Papers. Series “Management, Economic Engineering in Agriculture and Rural Development“.

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