About theWTO The World Trade Organization deals with the global rules of trade between nations. Its main function is to ensure that trade flows as smoothly, predictably and freely as possible. About this publication “World Trade Statistical Review” provides a detailed analysis of the latest developments in world trade. It will be produced on an annual basis and replaces “International Trade Statistics”, the WTO’s former annual statistical publication. For more information All data used in this report, as well as additional charts and tables not included, can be downloaded from the WTO web site at www.wto.org/statistics 1 I. Introduction Acknowledgements A message from Director-General Roberto Azevêdo Abbreviations and symbols II. Trends in world trade: Looking back over the past ten years III. World trade in 2015-2016 General trends and drivers of world trade in 2015 World trade and output in early 2016 IV. Merchandise trade and trade in commercial services Merchandise trade Trade in commercial services Global value chains V. Trading patterns: Global and regional perspectives Merchandise trade Trade in commercial services VI. Developing economies’ participation in world trade Developing economies Least-developed countries Aid for Trade VII. Trade policy developments VIII. Composition, definitions & methodology IX. Statistical tables 2 4 5 7 8 16 18 26 28 30 34 39 42 44 48 52 54 59 63 64 70 88 Contents World Trade Statistical Review 2016 2 Introduction Chapter I Introduction 3 Acknowledgements A message from Director-General Roberto Azevêdo Abbreviations and symbols 4 5 7 World Trade Statistical Review 2016 4 Acknowledgements T his publication has been prepared under the direction of Hubert Escaith, WTO Chief Statistician, and Andreas Maurer, Chief, International Trade Statistics Section. The coordination and supervision of the preparation of tables, charts and production of the report was undertaken by Ninez Piezas-Jerbi, with the assistance of Alessandro Nicolò Giambrone. Statistical research, data compilation and the preparation of estimates were conducted by Alejandra Barajas Barbosa, Lori Chang, Barbara d’Andrea-Adrian, Christophe Degain, Florian Eberth, Deen Lawani, Antonella Liberatore, Coleman Nee, Ninez Piezas-Jerbi and Ying Yan. Additional contributions to this publication were made by Maria Mercedes Ycaza Nowak, Jürgen Richtering, WTO Aid for Trade Unit of the Development Division and the WTO Trade Monitoring Section of the Trade Policies Review Division. Acknowledgements are owed to the multilateral, national and private institutions for providing their statistics. Special thanks also go to our colleagues at UNCTAD and ITC for jointly producing the data set on trade in services. The detailed statistical sources used in this report are presented in Chapter VIII. The International Trade Statistics Section also wishes to thank colleagues from the Information and External Relations Division (IERD) and the Languages Documentation and Information Management Division (LDIMD) whose collaboration is vital in the production of this report. In particular, recognition is owed to Anthony Martin and Serge Marin-Pache for the editing and production of the publication, and to Steve Cooper and João Dos Santos De Almeida for preparing the publication for the website. Recognition is also owed to the French and Spanish translators for rendering the report in the WTO’s other official languages. Finally, we wish to thank the community of “WTO Statistics” users for their loyalty and their suggestions and comments for improvements to WTO statistics. Their regular feedback allows us to better provide relevant statistical data. This publication is also available online at www.wto.org/statistics For more information on the contents of this report, comments or suggestions for improvement may be sent by email to the International Trade Statistics Section (statistics@wto.org). Introduction 5 A message from Director-General Roberto Azevêdo This publication has existed in many guises since it was first produced as “International Trade” in 1952. Over the years, it has evolved in many ways, just as world trade has evolved. For example, in 2014 it included for the first time data on global value chains, a key measure for understanding the impact of global trade. This new edition sees a transformation of the publication from a “statistical compendium” to a publication that analyses these statistics within a global economic context, using statistical data to explain how and why global trade is changing. The new structure of the publication allows for more comprehensive information about trade and trade policy developments to be provided, and in a more timely way. This new publication will be released online in July each year, bringing it closer to the reporting period. A print version will be published in early September. Inevitably, this means that the publication will rely more on estimates of trade over the previous year rather than final data but by publishing the information earlier, it will allow us to highlight and analyse the latest trends more quickly. This is of obvious benefit to policy makers, trade analysts and all those involved in world trade. A further update of the statistical data will be made online in October once final data are available, in line with previous years. This new publication continues to provide comprehensive data on trade in goods and services but now has a broader coverage of world trade developments, including a particular focus on trade policy, an analysis of the participation of developing economies in world trade and a more detailed look at selected goods and services. All of this is accompanied by a detailed explanation of how the information is sourced and the methodology used in compiling the data. In parallel to the revamping of our flagship statistical publication, we are also making improvements to our other annual statistical publications. Rather than having separate “profiles” for merchandise trade and trade in commercial services, these will be combined into one publication, with two pages of key data devoted to each economy. “World Trade Statistical Review” is the WTO’s new flagship statistical publication. Like its predecessor,“International Trade Statistics”, the aim of the publication is to show the latest trends in world trade and to improve understanding of global trade patterns. “World Trade Statistical Review combines detailed statistics with an analytical review of trade data to enhance understanding of the latest developments in global trade.” World Trade Statistical Review 2016 6 Roberto Azevêdo Director-General The new version of “Trade Profiles” will be published alongside “Tariff Profiles”, which will continue to provide information on tariffs and non-tariff measures applied by over 170 economies around the world. This publication will continue to be prepared in cooperation with the United Nations Conference on Trade and Development (UNCTAD) and the International Trade Centre (ITC). Both these publications will continue to be published in October each year. Other profiles, on the Aid for Trade initiative and on trade in value added, will only be made available online. Finally, I would like to thank everyone who has worked on this report. The gathering of these statistics and the analysis of the data would not be possible without the cooperation of our WTO members’ missions, other international organizations and national statistical authorities. Within the WTO, a number of divisions across the Secretariat have come together to help create this publication. I thank all of them for their invaluable contribution to this report. Introduction 7 Abbreviations and symbols The following symbols are used in this publication: ... not available or growth rates exceeding 500% 0 figure is zero or became zero due to rounding - not applicable $ United States dollars Q1, Q2 1st quarter, 2nd quarter I break in comparability of data series. Data after the symbol do not form a consistent series with those from earlier years. Billion means one thousand million. Minor discrepancies between constituent figures and totals are due to rounding. ACP African, Caribbean and Pacific Group of States ASEAN Association of South-East Asian Nations AFTA ASEAN Free Trade Area BOP Balance of Payments BPM5 Balance of Payments Manual, fifth edition BPM6 Balance of Payments Manual, sixth edition CACM Central American Common Market CARICOM Caribbean Common Market CEMAC Economic and Monetary Community of Central Africa CIS Commonwealth of Independent States COMESA Common Market for Eastern and Southern Africa ECCAS Economic Community of Central African States ECOWAS Economic Community of West African States EFTA European Free Trade Association EU European Union EUROSTAT Statistical Office of the European Communities FAO Food and Agriculture Organization of the United Nations FATS Foreign Affiliates Statistics FDI Foreign Direct Investment GCC Gulf Co-operation Council GDP Gross Domestic Product GNP Gross National Product HS Harmonized Commodity Description and Coding System IEA International Energy Agency IMF International Monetary Fund GTIS Global Trade Information Services Inc. ISIC International Standard Industrial Classification LDCs Least-developed countries MERCOSUR Southern Common Market NAFTA North American Free Trade Agreement OECD Organisation for Economic Co-operation and Development SAARC South Asian Association for Regional Co-operation SADC South African Development Community SAPTA South Asian Preferential Trade Arrangement SITC Standard International Trade Classification UNECE United Nations Economic Commission for Europe UNECLAC United Nations Economic Commission for Latin America and the Caribbean UNCTAD United Nations Conference on Trade and Development UNIDO United Nations Industrial Development Organization UNSD United Nations Statistics Division WAEMU West African Economic and Monetary Union c.i.f. cost, insurance and freight f.o.b. free on board n.e.s. not elsewhere specified n.i.e. not included elsewhere Closing date for provision of data: 15 May 2016 Unless otherwise indicated, (i) all value figures are expressed in U.S. dollars; (ii) trade figures include the intra-trade of free trade areas, customs unions, geographical and other groups; (iii) merchandise trade figures are on a customs basis and (iv) merchandise exports are f.o.b. and merchandise imports are c.i.f. Data for the latest year are provisional. The statistical data in this publication are supplied by and under the responsibility of the relevant statistical authorities. The use of such data by the WTO is without prejudice to the status of or sovereignty over any territory, or to the delimitation of international frontiers and boundaries. Trends in world trade: Looking back over the past ten years Chapter II World merchandise trade and trade in commercial services, 2005-2015 World merchandise trade growth in value terms, 2005-2015 Merchandise trade of WTO members by region, 2005-2015 Merchandise exports of developing economies, 2005 and 2015 Economies by size of merchandise trade, 2015 Economies by size of trade in commercial services, 2015 10 11 12 13 14 15 15,000 9,000 18,000 12,000 6,000 3,000 20,000 BillionUSdollar 14,000 8,000 17,000 11,000 5,000 2,000 19,000 13,000 7,000 16,000 10,000 4,000 1,000 2005 2006 2007 2010 20132008 2011 20142009 2012 2015 9,000 12,000 8,000 11,000 , 10,000 BillionUSdollar 20 2007005 2006 6,000 5,000 3,000 2,000 4,000 1,000 World Trade Statistical Review 2016 10 The value of merchandise trade and trade in commercial services declined in 2015 following modest growth in 2012 to 2014. The value of merchandise trade and trade in commercial services in 2015 is nearly twice as high as in 2005. Trade in commercial servicesMerchandise trade World merchandise trade and trade in commercial services, 2005-2015 World merchandise trade and trade in commercial services, 2005-2015 20 10 0 -10 15 5 -5 -15 -20 2005 2006 2007 2010 20132008 2011 20142009 2012 2015 10 15 208 2009 Annualpercentagechange 0 5 -5 0 5 hange 5 18% 24% 27% 2005 2006 2007 2010 20132008 2011 20142009 2012 2015 21% Trends in world trade: Looking back over the past ten years 11 A decline in world commodity prices had a significant impact on the value of global merchandise trade in 2015. World energy prices dropped by 45% in 2015. 45% The ratio of merchandise trade to GDP fell sharply in 2009 following the economic crisis but bounced back quickly in 2010-2011. In 2012-2014 it declined gradually, before falling significantly in 2015. Ratio of world merchandise trade to GDP, 2005-2015 Note: Merchandise trade to GDP ratio is estimated as merchandise trade (average of exports and imports values) divided by GDP, measured in nominal dollar terms at market exchange rates. World merchandise trade growth in value terms, 2005-2015 Growth of world merchandise trade, 2005-2015 Exports Imports 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 World Trade Statistical Review 2016 12 The share of developing economies in merchandise exports increased from 33% in 2005 to 42% in 2015. Asia,Europe and North America have accounted for 88% in total merchandise trade of WTO members over the past ten years. Merchandise trade of WTO members by region, 2005-2015 (percentage share, %) Merchandise trade of WTO members by region, 2005-2015 North America South America Europe Commonwealth of Independent States Africa Middle East Asia Trends in world trade: Looking back over the past ten years 13 Merchandise trade between developing economies has increased from 41% to 52% of their global trade in the last ten years. 2005 2015 Merchandise exports of developing economies, 2005 and 2015 41% 52% 55% 43% 3% 3% 1% 2% To developed economies To developed economies To Commonwealth of Independent States (CIS) To Commonwealth of Independent States (CIS) To developing economies To developing economies Not elsewhere specified Not elsewhere specified World Trade Statistical Review 2016 14 The top ten merchandise traders accounted for 52% of the world’s total trade in 2015. Developing economies had a 42% share in world merchandise trade in 2015. Merchandise exports of WTO members totalled US$ 16.2 trillion in 2015. 52% 42% US$16.2 tn Economies by size of merchandise trade, 2015 0 - 125 125 - 250 250 - 500 > 500 Billion US Dollars Note: Merchandise trade is calculated as an average of exports and imports and including significant re-exports or imports for re-export. Billion US Dollars Trends in world trade: Looking back over the past ten years 15 The top ten traders in commercial services accounted for 53% of the world’s total trade in 2015. Developing economies accounted for 36% of total trade in commercial services in 2015. Exports of commercial services byWTO members totalled US$ 4.68 trillion in 2015. 53% 36% US$ 4.68 tn Economies by size of trade in commercial services, 2015 0 - 10 10 - 25 25 - 50 > 50 • The volume of world trade continued to grow slowly in 2015 recording growth of 2.7 per cent, revised down from a preliminary estimate of 2.8 per cent in April 2016. Trade growth was roughly in line with world GDP growth of 2.4 per cent. • Despite positive growth in trade volume terms, the current dollar value of world merchandise exports declined by 14 per cent in 2015, to US$ 16.0 trillion, as export prices fell by 15 per cent. • The dollar value of world commercial services exports also fell 6 per cent in 2015 to US$ 4,754 billion, although the decline was less severe than for merchandise. • In the first half of 2015, a sharp slowdown in trade volumes affected all regions to varying degrees, particularly in the second quarter, but this was mostly reversed by the end of the year. • The weakness of trade in 2015 was due to a number of factors, including an economic slowdown in China, a severe recession in Brazil, falling prices for oil and other commodities, and exchange rate volatility. • Demand for imports slowed in Asia and in resource-based economies in 2015 but strengthened in the United States and the European Union. • Merchandise values appeared to be stabilizing in the first quarter of 2016 as the dollar eased and oil prices staged a modest recovery, but the outlook for the year as a whole remained subdued. World trade in 2015-2016 General trends and drivers of world trade in 2015 Overview Merchandise trade in volume terms Trade in commercial services World trade and output in early 2016 18 18 19 23 26 10 0 -10 5 -5 2005 2006 2007 2010 20132008 2011 20142009 2012 2015 0 8 2009 0 5 -55 World Trade Statistical Review 2016 18 Source: WTO Secretariat for trade figures, International Monetary Fund and Secretariat calculations for GDP. General trends and drivers of world trade in 2015 Overview Growth in the volume of world merchandise trade remained sluggish in 2015, at 2.7 per cent as measured by the average of exports and imports. This figure was revised downward from a preliminary estimate of 2.8 per cent released in April 2016 based on available data at the time. Slow global trade growth was accompanied by a modest increase in world GDP, which grew 2.4 per cent in real terms at market exchange rates in the same period. Several factors contributed to the lacklustre performance, including economic slowdown in China, recessions in other large developing economies including Brazil, falling prices for oil and other primary commodities, strong fluctuations in exchange rates, and financial volatility driven by divergent monetary policies in developed countries. Faster economic growth and rising import demand in developed countries partly made up for weaker demand elsewhere, leaving trade growth and output growth nearly unchanged compared with the previous year (2.8 per cent and 2.5 per cent, respectively, in 2014). 2015 marked the fourth consecutive year with trade volume growth below 3 per cent, and the fourth year in a row with world trade growing at nearly the same rate as world GDP. Growth rates for trade and GDP in 2015 remained below their respective averages since 1990 of 5 per cent and 2.7 per cent (see Chart 3.1). The slow pace of trade growth relative to GDP growth over the past four years stands in contrast to the period from 1990 to 2008, during which world merchandise trade volume grew 2.1 times as fast as world GDP on average. The recent uninterrupted spell of slow trade growth Merchandise trade volume growth (avg. exports and imports) Average merchandise trade volume growth since 1990 Real GDP growth at market exchanges rates Average real GDP growth since 1990 Chart 3.1: Growth in volume of world merchandise trade and real GDP, 2005-2015 (percentage change) is unusual but not unprecedented, and its importance should not be exaggerated. Overall, world trade growth was weaker between 1980 and 1985, when five out of six years saw trade growth below 3 per cent, including two years of outright contraction. Unlike merchandise trade in volume terms, which recorded a modest increase last year, the dollar value of world merchandise trade declined sharply in 2015 as exports fell 14 per cent to US$ 16 trillion, down from US$ 19 trillion in the previous year. World trade in commercial services also registered a substantial decline in dollar terms (exports down 6 per cent to US$ 4.7 trillion) (see Table A3). Larger declines were recorded in services categories closely linked to merchandise trade (e.g. transport services, down 10 per cent to US$ 876 120 80 60 40 2014M1 2014M10 2014M4 2015M1 2015M7 2014M7 2015M4 2015M10 2016M1 120 110 90 80 70 60 2014M1 2014M3 2014M5 2014M7 2014M9 2014M11 2015M1 2015M3 2015M5 2015M7 2015M9 2015M11 2016M1 2016M3 World Trade in 2015-2016 19 Source: IMF Primary Commodity Prices. billion) than in other types of services, in particular travel and other commercial services, both down 5 per cent to US$ 1,230 billion and US$ 2,495 billion respectively (see Table A25). The discrepancy between trade growth in 2015 in terms of volume and value was mostly attributable to large swings in commodity prices and exchange rates, as illustrated by Charts 3.2 and 3.3. Fuels registered the largest price decline of any commodity group (down 63 per cent between June 2014 and December 2015), as a result of new sources of supply such as shale oil and an easing of world energy demand as economic growth slowed in Asia. The decline in metals prices (down 35 per cent over the same period) was smaller than the decline in fuels due to the fact that there was no increase in the supply of metals comparable to the development of shale oil in the United States. Prices of food and agricultural raw materials also fell, by around 22 per cent each between June 2014 and December 2015 (more on commodity prices in Table A67). The appreciation of the US dollar contributed to falling commodity Chart 3.2: Prices of primary commodities, January 2014-March 2016 (indices of dollar values, January 2014=100) Food and beverages Agricultural raw materials Metals Fuel (energy) Chart 3.3: Nominal effective exchange rates of selected economies, January 2014 - March 2016 (indices, January 2014=100) US China India Japan Euro area Brazil Russia prices since most primary products are priced in dollars and a stronger US currency generally allows the same quantity of goods to be purchased with fewer dollars. The dollar appreciated 13 per cent on average against the currencies of US trading partners in 2015 (i.e. in “nominal effective” terms), and was up even more (19 per cent) between June 2014 and December 2015. The Chinese yuan appreciated along with the dollar, rising 10 per cent on average in 2015 and 13 per cent between June 2014 and December 2015, due to the Chinese currency’s quasi-peg to the US dollar at the time. The appreciation of the yuan may have contributed to the economic slowdown in China to the extent that it made Chinese exports more expensive in foreign markets. Meanwhile, major natural resource exporters such as Brazil and the Russian Federation saw their currencies drop sharply in value in 2014 as falling prices for oil and other commodities reduced export earnings. Merchandise trade in volume terms The regional and product composition of export and import growth has changed in recent years. In 2012-13, strong demand for imported goods and services on the part of China and other developing economies helped cushion slow GDP growth and weak import demand in developed countries, particularly in the euro area. However, in 2015 a recovery of imports in Europe and North America compensated for weak import demand in developing countries, especially natural resource exporters and developing Asian economies.Source: Bank for International Settlements. ImportsExports 110 115 105 95 110 115 105 95 12Q1 12Q2 12Q3 12Q4 13Q1 13Q2 13Q3 13Q4 14Q1 14Q2 14Q3 14Q4 15Q1 15Q2 15Q3 15Q4 12Q1 12Q2 12Q3 12Q4 13Q1 13Q2 13Q3 13Q4 14Q1 14Q2 14Q3 14Q4 15Q1 15Q2 15Q3 15Q4 -1 2011 2012 2013 2014 2015 2011 2012 2013 2014 2015 1 2 3 4 5 6 0 Exports Imports 3 4 5 6 E World Trade Statistical Review 2016 20 Chart 3.4: Volume of merchandise exports and imports by level of development, 2012Q1-2015Q4 (indices, 2012Q1=100) World Developed Developing + CIS World North America South America Europe Asia Other regions Source: WTO Secretariat. Source: WTO - UNCTAD World trade volume was unusually volatile over the course of 2015, falling sharply in the second quarter before rebounding in the second half of the year (see Chart 3.4). The 1.4 per cent drop in world trade in the second quarter (average of exports and imports) was equivalent to a decline of roughly 5 per cent on an annualized basis, but this was reversed in the third and fourth quarters to the point that trade finished the year above its initial level. The declines in exports and imports of developed economies in the second quarter were less than the world average, but all economies were affected to varying degrees by the trade slowdown. The volume of world merchandise trade has grown at a slow, steady pace in recent years, but this consistency belies changes in the contributions of WTO geographic regions to that growth over time. This is illustrated by Chart 3.5, which shows annual contributions of regions to world export and import volume growth. Asia contributed more than any other region to the recovery of world trade after the financial crisis of 2008- 09. However, the region’s impact on global import demand declined in 2015 as China and other Asian economies cooled. Asia contributed 1.6 percentage points to the 2.3 per cent rise in the volume of world merchandise imports in 2013, or 73 per cent of world import growth, but in 2015 the region contributed just 0.6 percentage points to the global increase of 2.4 per cent, or 25 per cent of world import growth. Asia’s share in world import growth began to shrink at an earlier point than other regions in the first quarter of 2015 Chart 3.5: Contributions to world trade volume growth by region, 2011-2015 (annual percentage change) 100 105 110 115 120 100 105 110 115 120 95 12Q1 12Q2 12Q3 12Q4 13Q1 13Q2 13Q3 13Q4 14Q1 14Q2 14Q3 14Q4 15Q1 15Q2 15Q3 15Q4 Exports Imports 95 12Q1 12Q2 12Q3 12Q4 13Q1 13Q2 13Q3 13Q4 14Q1 14Q2 14Q3 14Q4 15Q1 15Q2 15Q3 15Q4 World Trade in 2015-2016 21 Chart 3.6: Volume of merchandise exports and imports by region, 2012Q1-2015Q4 (seasonally adjusted volume indices, 2012Q1=100) North America Europe Asia South America Other Source: WTO - UNCTAD before turning negative in the second quarter along with every other region. In contrast to Asia, Europe mostly weighed down world trade growth since the financial crisis, making a negative contribution to global import growth in 2012 and 2013. However, by 2015 Europe’s contribution was again largely positive, accounting for 1.5 percentage points of the 2.4 per cent increase in world import volume for the year, or 64 per cent of global trade growth. A gradual recovery of trade within the European Union in 2014 and 2015 was responsible for much of the rebound in Europe, as the negative impact from the European sovereign debt crisis faded. North America made a positive contribution to world import growth in 2015 (1.1 per cent), while negative contributions were recorded in 2015 for South and Central America (-0.2 per cent) and other regions including Africa, the Middle East and the Commonwealth of Independent States (-0.6 per cent). On the supply side, “factory Asia” did more than any other region to lift merchandise export volume growth between 2011 and 2014, but its contribution fell below that of Europe in 2015. Asia was responsible for 1 percentage point of the 3.0 per cent rise in world merchandise exports in 2015, or 35 per cent of export growth, whereas Europe’s 1.3 percentage point contribution accounted for 44 per cent of the rise, thanks in part to a reactivation of trade within the European Union. North America’s contribution to export growth in volume terms was close to zero in 2015 as demand for US goods slowed in Canada, Asia and South and Central America. North American exports were the first to slow in 2015, as its quarterly contribution to world trade growth turned negative in the first quarter before registering a small rebound in the second quarter (see Chart 3.5). Meanwhile, South and Central America made a small positive contribution to export volume growth in 2015. -25.0 -20.0 -15.0 -10.0 -5.0 0.0 5.0 10.0 15.0 20.0 25.0 1981 1983 1985 1987 1989 1991 1993 1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015 World Trade Statistical Review 2016 22 Trade in value and trade in volume: Which one to use when analysing trade? The WTO’s merchandise trade volume indices are designed to approximate changes in quantities of goods traded by adjusting trade values in current dollar terms to account for fluctuations in prices and exchange rates. To calculate them, we divide changes in the dollar value of trade flows (represented by trade value indices) by changes in export and import prices (represented by unit value indices) using data collected from national sources. In general, trade statistics in volume terms are used to analyse changes in trade in real terms while trade in value is used when analysing changes in trade using current prices. During the 2000–2010 period, growth in trade value resulted from a balanced contribution of price and quantities: on average, a 9.7 per cent increase in value terms was due to a 4.3 per cent contribution of volume change and a 4.8 per cent change in prices. During the 2009 financial crisis, merchandise trade values dropped 23 per cent, i.e. volume changes accounted for 52 per cent and unit changes accounted for 48 per cent (see chart below). During 2010, both price and volume recovered. Volume developments contributed more than price change, resulting in a 21 per cent increase in value terms (the volume contribution was 68 per cent and the price change was 32 per cent). 2013 and 2015 saw a different contribution to value growth: volume growth stabilized at 2.7 per cent in a context of falling commodity prices. This resulted in a large decrease in value growth (see table below), with relationships between price and volume similar to those registered in the early 1980s before the ratios between volume and prices bounced back. Contribution to trade growth, in volume and unit price terms, 1981 – 2015 (per cent) Average trade growth by volume, value and unit value (per cent) Volume Unit Value Value Source: WTO Secretariat. Period Volume Unit Value Value 1981-1985 2.9 -3.5 -0.7 1986-1990 5.8 6.2 12.3 1991-1995 6.2 1.9 8.4 1995-2000 7.0 -2.1 4.8 2001-2005 5.0 5.1 10.5 2006-2010 3.7 4.6 9.0 2011-2015 3.1 -1.3 1.8 2013-2015 2.6 -6.0 -3.6 14Q1 14Q2 14Q3 14Q4 15Q1 15Q2 15Q3 15Q4 -15.0 -10.0 -5.0 0.0 5.0 15Q1 15Q2 15Q3 15Q4 World Trade in 2015-2016 23 All geographic regions were affected to varying degrees by the trade slowdown in the first half of 2015, as observed in Chart 3.6. Imports of resource dependent economies (mostly in South and Central America and “Other regions”) were squeezed by falling export revenues and did not see their imports recover in the second half of 2015, whereas imports of the more industrialized regions (Europe, North America, Asia) staged a partial recovery in the second half. The plunge in South and Central America’s imports has been precipitous, with a decline of 11 per cent between the first and fourth quarters of 2015. A product breakdown of world trade growth in volume terms in 2015 is not available, but such a decomposition Chart 3.7: Contributions to year-on-year growth in world merchandise trade by product, 2014Q1-2015Q4 (year-on-year percentage change in current dollar values) Agricultural products Fuels and mining products Manufactured goods Not elsewhere specified Total merchandise Source: WTO Secretariat estimates. ToT is possible for the dollar value of merchandise trade. Chart 3.7 illustrates that fuels and mining products were responsible for more than half of the plunge in trade values in 2015, but that slowing trade in manufactured goods and agricultural products also contributed significantly to the overall decline. Among manufactured goods, the products where trade values notably declined in 2015 were office and telecom equipment, chemicals and other machinery, while clothing and textiles only made small positive contributions to trade growth. Trade in commercial services The 6 per cent (see Table A3) decline in the dollar value of world exports of commercial services in 2015 was strongly influenced by exchange rate fluctuations, particularly the general appreciation of the dollar against the currencies of US trading partners and more specifically by the depreciation of the euro and the pound against the US currency. Europe accounted for a large fraction of world commercial services trade in 2015 (46 per cent of exports). A large share of this encompassed trade within the euro area and within the European Union more generally, so exchange rate developments within the EU have an outsized impact on world trade. However, all regions were probably affected to some degree by exchange rate movements due to the fact that trade statistics are usually recorded in US dollars. To illustrate the sensitivity 0 -10 5 -5 14Q4 15Q1 15Q2 15Q3 15Q4 -15 5 -5 World North America Europe Asia -10 -15 5 0 -5 5 0 World Trade Statistical Review 2016 24 of these data to exchange rates, consider the fact that commercial services exports of the European Union were down nearly 10 per cent in 2015 (see Table A3), but if this trade was measured in euro terms exports would have risen 8 per cent. Chart 3.8 shows quarterly developments in commercial services exports in 2015 broken down by geographic regions. World exports in dollar terms were down as much as 8 per cent year-on-year in the second quarter, but by the fourth quarter the decline had moderated to around 6 per cent. The evolution of European exports followed a similar pattern, although the magnitude of the decline was greater (-12 per cent in the second quarter, -8 per cent in the fourth quarter). North America recorded a more modest contraction, with commercial services exports Source: WTO-UNCTAD-ITC estimates. Note: World and regional quarterly aggregates are based on available reporters, covering at least 90 per cent of trade in commercial services. Chart 3.9: World exports of commercial services by main category, 2014Q4-2015Q4 (year-on-year percentage change) Transport Travel Goods-related services Other commercial services Chart 3.8: World exports of commercial services by region, 2014Q4-2015Q4 (year-on-year percentage change) 14Q4 15Q1 15Q2 15Q3 15Q4 Source: WTO-UNCTAD-ITC estimates Note: World and regional quarterly aggregates are based on available reporters, covering at least 90 per cent of trade in commercial services. 80 90 100 110 120 Jan-07 Jan-10 Jan-13 Jan-09 Jan-12 Jan-15 Jan-08 Jan-11 Jan-14 Jul-07 Jul-10 Jul-13 Jul-09 Jul-12 Jul-15 Jan-16 Jul-08 Jul-11 Jul-14 World Trade in 2015-2016 25 Chart 3.10: Container shipping throughput index, January 2007 - January 2016 (seasonally adjusted trend index, 2010=100) Source: Institute for Shipping Economics and Logistics down 3 per cent in the final quarter compared to the same period in 2014. Asia’s decline was steeper (down 6 per cent in the fourth quarter after rising 8 per cent in the equivalent period in 2014) and probably reflected a real slowdown in trade activity as well. Figures for imports by region display similar trends. Chart 3.9 shows the quarterly evolution of the dollar value of world commercial services exports in 2015 by major services categories. Transport recorded the largest contraction at year end, with exports down 12 per cent in the fourth quarter. On the other hand, goods-related services and other commercial services showed signs of recovery in the second half of the year, with respective declines of 1 per cent and 5 per cent in the final quarter. There is no volume indicator for services trade akin to the WTO’s merchandise trade volume indices, but physical measures of services trade, such as passenger arrivals and container port throughput, point to a resumption of growth after a slowdown in the middle of 2015. Chart 3.10 shows an index of container port throughput compiled by the Institute for Shipping Economics and Logistics. The seasonally adjusted trend index declined by 2.3 per cent between January and September of 2015 but then increased by 2.8 per cent between September 2015 and January 2016. Meanwhile, the World Tourism Organization (UNWTO) reports that worldwide tourist arrivals were estimated to have risen 4.4 per cent in 2015, marking the sixth consecutive year of above average growth in tourism since the financial crisis of 2009. These figures suggest that commercial services trade may have suffered a setback in the middle of 2015 but has since started to recover. 4.0 6.0 8.0 2.0 -2.0 14Q4 15Q1 15Q2 15Q3 15Q4 16Q1 4.0 6.0 8.0 2.0 15Q2 0.00.00 World Trade Statistical Review 2016 26 The outlook for the world economy and world trade remained subdued in the opening months of 2016. Quarter-on-quarter GDP growth was modest in the United States and the euro area in the final quarter of 2015. Meanwhile, output slowed in China and contracted in Japan. China’s economy slowed further in the first quarter of 2016, but indicators of business and consumer sentiment suggested that growth would remain stable at a lower but more sustainable rate. Growth also eased in the United States in the first quarter of 2016 but accelerated in the euro area. Finally, Japan’s GDP continued to alternate between Chart 3.11: GDP growth of selected economies, 2014Q4-2016Q1 (annualized per cent change, seasonally adjusted) Source: OECD Quarterly National Accounts. positive and negative growth with a rebound in the first quarter (see Chart 3.11). Current economic forecasts for the whole of 2016 at the time of writing point to another year of weak, uneven growth in both real GDP and merchandise trade volume. Monthly merchandise trade data for the first quarter of 2016 indicate stabilization in the dollar value of trade flows in the latest months (see Chart 3.12). Imports of the United States were up 4 per cent year-onyear in February, the largest increase since December 2014. On the export side, however, shipments from the United States were down 4 per cent compared to the same month in the previous year, but this was the least negative result in 14 months. Meanwhile, year-on-year growth in both exports and imports for the European Union was effectively zero in February following many months of contraction. China’s exports surged 11 per cent in March while imports were less negative compared with previous months, at -8 per cent. The 1 per cent decline in Japan’s imports for March was the best result since January 2015, and although import growth remained negative at -9 per cent, this was less negative than the 20 per cent declines that became routine in 2015. China Euro Area Japan United States World trade and output in early 2016 -30 -25 -20 -15 -10 -5 0 5 10 15 20 10 -5 0 5 10 Jan-14 Apr-14 Jul-14 Oct-14 Jan-15 Apr-15 Jul-15 Oct-15 Jan-16 UNITED STATES -30 -25 -20 -15 -10 -5 0 5 10 15 20 10 -5 0 5 10 Jan-14 Apr-14 Jul-14 Oct-14 Jan-15 Apr-15 Jul-15 Oct-15 Jan-16 JAPAN -30 -25 -20 -15 -10 -5 0 5 10 15 20 10 -5 0 5 10 Jan-14 Apr-14 Jul-14 Oct-14 Jan-15 Apr-15 Jul-15 Oct-15 Jan-16 EUROPEAN UNION (28) -30 -25 -20 -15 -10 -5 0 5 10 15 20 10 -5 0 5 10 Jan-14 Apr-14 Jul-14 Oct-14 Jan-15 Apr-15 Jul-15 Oct-15 Jan-16 CHINA World Trade in 2015-2016 27 Chart 3.12: Merchandise exports and imports of selected economies, January 2014-March 2016 (year-on-year percentage change in current dollar values) a January and February averaged to minimize distortions due to lunar new year. Sources: IMF International Financial Statistics, Global Trade Information Services GTA database, national statistics. a Imports Exports The share of manufactured goods in total merchandise exports was just over 70 per cent in 2015, up from 67 per cent in 2014. The share of agricultural products also increased slightly to around 10 per cent in 2015. This was mostly due to the sharp decline in the value of fuels and mining products whose share dropped to 18 per cent in 2015, from 20 per cent in 2014. In 2015, the world transport sector fell by 10 per cent as container shipping rates fell sharply due to lower demand especially in developing economies. Global travel receipts also decreased largely as a result of strong exchange rate fluctuations rather than declining demand for international tourism. The aggregate category “other commercial services”, which account for more than half of services exported worldwide, contracted by 5 per cent. Construction was the hardest hit services sector (-15 per cent), reflecting a fall in exports in both developed and developing economies. Merchandise trade and trade in commercial services Chapter IV Merchandise trade Trade in commercial services Global value chains 30 34 39 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 20,000 18,000 16,000 14,000 12,000 10,000 8,000 6,000 4,000 2,000 0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 250 200 150 100 50 0 US$bn(indices,2005=100) World Trade Statistical Review 2016 30 Source: WTO Secretariat. Source: IMF Merchandise trade The dollar value of merchandise trade fell by 13 per cent in 2015. This was mostly caused by a fall in the value of world exports of fuels and mining products, which declined at a dramatic rate (-25 per cent compared with -6 per cent in 2014). The decline was due to a sharp decrease in prices and a significant decrease in demand. Exports of agricultural products fell by 11 per cent, while exports of Chart 4.1: World merchandise exports, 2005-2015 Chart 4.2: Fluctuations in international prices, 2005-2015 Total merchandise Agricultural products Fuels and mining products Manufactured goods Food and beverages Agricultural raw materials Minerals and non-ferrous metals (excluding crude petroleum) Energy manufactured goods declined by 5 per cent (see Chart 4.1). The reduction in the price of commodities in 2015 was especially steep for fuels (see Chart 4.2). For exporting countries, this decline has been partially compensated by an increase in the dollar exchange rate (short-term fluctuations between the US dollar and commodity prices are often negatively correlated). But the decline in commodity prices was also due to the slow-down in the Chinese economy and an increase in world supply as many projects – fuelled by high prices after 2003 – reached maturity. Financial volatility is also responsible for higher uncertainty and lower investment worldwide, leading to a further reduction in demand for minerals and oil (see Table A67). European Union United States Brazil China Canada Indonesiaa Thailand Australia India Argentina US$bn 100 200 300 400 500 600 700 0 -5 % -10 -15 -20 -25 585 -13 163 80 73 63 39 36 36 35 35 US$bn 100 -20 -25 1636 800 373 363 939 636 535 EuroE opean Unnion UnUnitedit d Sttates Brazil China CCaanada Indo aonesi aa Tha dailand Au nan -25 300 400 500 -13 200 1 -10 585 1636 585 3 1 --1100 -10 -8-8 -9 -5 % -10 -15 -9-9 00 - -2 9 -2 -7 --111100 2 --7777 -7 8 --77 -20 636 535 3 us astralia Inndia Argentin -200 European Union (28) China Japan Korea, Republic of United States Russian Federation a Chinese Taipei Brazil Ukraine India 20 40 60 80 100 120 140 139 -18 64 30 23 16 15 9 8 810 US$bn 010 20 40 300 323 US$bn C T lEuroopean Unioon (28) Chhina Jaapan Koorea, Repu ofublic o U S a 60 80 100 120 140 -18 40 60 -12 139 8 -1122 -39 166 155 1 nited taates Russsian Feder nratio Braazil -3399 -39 99 Chinese Taaipei Ukraine India -19 46464646 22 -19 -209 -20 -200 -20 -24 -33 -28 8 8 33999999 --222888 -9 -2422 -99 -5 % -10 -15 -20 -45 -40 -35 -30 -25 European Union (28) Russian Federation Saudi Arabia, Kingdon of United States Australia Canada a a a Qatar United Arab Emirates Norway China 100 200 300 400 500 440 -30 195 153 145 108 104 71 68 66 55555 Eu UnUn d s AAu 300 400 100 200 -3030 Eu -35 us ast liralia CCa -38400 anadda QQ -3 -39 atesa 71 aa U Arab EEmir 7 QQaatar 88 -33 -34 666 5 y China 868 6 a d tesa Norway 6 Unnited EEmir 399399399 -3 -14 344 -1414 -282828 -29 080 -35 100 35554 1 88 -299 -44 uroopean nionioon (28)on (28) R FedFed 00 uroopean R -44 -47 bia,ab ofn o Unnited Sttatesa 535 -28 1 8 1995 usssian dedeerationeratio Saudii Ara Kinggdon 1 usssia 1 4 -477 0 -5 % -10 -15 -20 -50 -45 -40 -35 -30 -25 US$bn Merchandise trade and trade in commercial services 31 Chart 4.3: Top ten exporters of agricultural products, 2015 Chart 4.4: Top ten exporters of fuels and mining products, 2015 Chart 4.5: Top ten exporters of iron and steel, 2015 Regarding agricultural products in 2015, the ranking of the top six exporters remained unchanged compared with the previous year (see Chart 4.3). India dropped two places to ninth position while Thailand and Australia improved their ranking. Argentina remained in tenth position. All of the major exporters of agricultural products experienced a decline in exports in 2015, with India recording the most significant fall (-19 per cent) and China the smallest decline (-2 per cent) (see Table A14). The top ten exporters represented 72.7 per cent of world agricultural exports in 2015, down 0.2 per cent on their share in 2014. Major exporters of fuels and mining products suffered from the dramatic decline in prices for fuels and minerals in 2015 – recording a significant fall in exports ranging from -14 per cent for China to -47 per cent for SaudiArabia (see Chart 4.4) (see Table A15). The share in world trade of the top ten exporters declined to 50 per cent in 2015, compared with 60 per cent in 2000. This reflects increasing geographical diversification in the exporting of fuels and mining products. World exports of iron and steel were heavily affected by falling prices for steel and iron ores and a decline in demand in 2015. The top ten exporters saw a marked decrease in annual exports – ranging from -9 per cent for Brazil to -39 per cent for the Russian Federation and Ukraine (see Chart 4.5) (see Table A17). The top four exporters remained the same as in 2014. Russia dropped from fifth to sixth position while Ukraine dropped two places, to ninth position. Brazil broke into the top ten, reaching eighth position compared with 11th place in 2014. Among the major exporters, Brazil’s exports suffered the least. Exports Annual percentage change (%) Exports Annual percentage change (%) Exports Annual percentage change (%) a Includes Secretariat estimates. Source: WTO Secretariat. a Includes Secretariat estimates. Source: WTO Secretariat. a Includes significant shipments through processing zones. Source: WTO Secretariat. European Union (28) United States China Switzerland Japan Korea, Republic of a Singapore Canada India Chinese Taipei US$bn 100 200 300 400 500 600 700 800 900 901 -10 206 130 Eur Uni US$bn 100 06200620 13031303 roopean ioon (28) Unnited Sttates Chhina Switz ndzerlan Jaapan Koorea, Repu ofublic o aa Sing egapor Canada 400 500 600 700 -10 100 200 300 22 -2901901 -22 -16 Inndia eChinese Taipei -1616 -4 22 -- -4--44 -444 --44 -5 44 -55 -13 itz ndzerlan J -1313 -13 orea SiSinggapoJaapan KKoorea 33 -1313 -11 33 -1111 88 63 58 47 37 36 32 -2 % -4 -6 -18 -16 -14 -12 -10 -8 European Union (28) China United States Hong Kong, China Singapore Korea, Republic of a a aMexico Japan MalaysiaChinese Taipei 100 200 300 400 500 600 700 591 -1 318 244 142 118 110 400 500 600 700 591591 -11 3 11 -10 -2 3 - -3 -8 -6 1 22 -5 1 --3333 1 93 63 60 59 -10 - -1010 -88 24422 4 18114214 1 --66 10111 --5555 393393393 36336366 0606 9595 100 200 300 8331831183133 2 -100 U Sttates ng,on a a, Repu ofublic MCCh ehinese Taaipei aM oexico aaiaJaapan MalaysUnnited SiSing regapor KKooreaC Eur nopean UnioUnioon (28)on (28 Chhina Hongg Ko CChina a 0 2 4 -2 %-4 -6 -12 -10 -8 US$bn European Union (28) United States TurkeyKorea, Republic of ChinaaaMexicoJapan IndiaCanada Thailand 100 200 300 400 500 600 700 653 137 129 97 71 62 49 27 17 11 -6 400 100 200 300 Eu UnU --66 55 11 2 -3 262 949 Chhinaaaa Th 1 -333 -3 727 Tdnd 2 haailan 22 - -4 1717 11 Tuurkey India 3 --44 -6 urropean niion (28)(28) J 66 --66 -6 29292 d s M 3713 1 Unnited Sttates n 1 Jaapan 66 --66 797 171797 KKoorea, Repu ofublic aaaao CCa 6 anadda 99 Meexico -6 2 4 6 0 % -2 -4 -8 -6 US$bn World Trade Statistical Review 2016 32 Chart 4.6: Top ten exporters of chemicals, 2015 Chart 4.7: Top ten exporters of office and telecom equipment, 2015 Chart 4.8: Top ten exporters of automotive products, 2015 The ranking of the major exporters of chemicals remained mostly unchanged in 2015. Only India improved its position, from tenth to ninth place, while Chinese Taipei dropped one place, to tenth position (see Chart 4.6). All major exporters saw a decrease in their exports in 2015. US exports declined the least (-2 per cent) while Chinese Taipei’s fell by the most (-16 per cent). Between 2000 and 2015, China expanded its share in the world market the most (increasing it by 5 percentage points and reaching a market share of almost 7 per cent in 2015) while the European Union experienced the biggest loss in market share (-6 percentage points). The top ten exporters accounted for almost 86 per cent of world exports of chemicals in 2015 (see Table A18). Among the top ten exporters of office and telecom equipment (see Chart 4.7), only Hong Kong (China) and the Republic of Korea increased the value of their exports (by +3 per cent and +1 per cent respectively). All other major exporters saw a decline in the value of their exports, varying from -1 per cent (China) to -10 per cent (European Union and Malaysia). The export of office and telecom equipment is still concentrated among a small group of economies – even if the market share of the top ten decreased slightly to 89.6 per cent in 2015 from 90.1 per cent in 2000 (see Table A20). The ranking of the top ten exporters of automotive products remained unchanged in 2015, with the European Union (49 per cent share of world exports), Japan (10 per cent) and the United States (10 per cent) in the first three positions (see Chart 4.8). Of the top ten exporters, only Exports Annual percentage change (%) Exports Annual percentage change (%) Exports Annual percentage change (%) a Includes significant shipments through processing zones. Source: WTO Secretariat. a Includes significant shipments through processing zones. Source: WTO Secretariat. a Includes significant shipments through processing zones. Source: WTO Secretariat. European Union (28) China United States Hong Kong, China TurkeyIndia Korea, Republic of a bPakistan JapanChinese Taipei 120 100 80 60 40 20 109 -2 64 17 14 11 11 10 9 8 6 40 20 717 00 9 8 6 U S Hon ng,g Kon CChina a, ofc bPa nkistan JapanCCh einese Taaipei C 120 100 80 60 109 -2 -3-33-3 -6 4646 -33 -66 -7 -9--99 -13 414 Unnited Sttates Tuurkey Koorea Repuublic -13 -11 11 1111 1 33 -1111 -6 -77 11 ----66 -14 1 Eurropean Unio ( )on (28) Chhina Inndiaa -14 -4 -2 0 -6 %-8 -10 -16 -14 -12 US$bn European Union (28) China United States Hong Kong, China Indiaa bCambodiabBangladesh bViet Nam bIndonesiaTurkey 200 160 120 80 40 175 -6 112 26 18 18 15 7 66 66 626 C United States baiabbshes Vi 80 40 -6 C 6 2111 66 10 66 10 8 0 8 00 22 -9 88 TT -99 -11 2 European UnioUnioon (28)on (28) Chhina Bangglade 6 EuropeaChhinaa -11 -10 818 HHong ng,g KKon CChina bbie met Nam 1 IIndindia -100 -10 7 6 Cammbodbbaia 515 7 IndoonesiTuurkey 99 -100 22 5 10 15 0 % -5 -10 -15US$bn Merchandise trade and trade in commercial services 33 three saw an increase in the value of their exports in 2015: Mexico (+5 per cent), Thailand (+2 per cent) and Canada (+1 per cent). The other top ten exporters recorded declines (ranging from -3 per cent to -6 per cent). Collectively, the top ten exporters accounted for almost 95 per cent of world exports of automotive products in 2015 (compared with 96 per cent in 2000) (see Table A21). China, the European Union and India remained the top three exporters of textiles in 2015 (see Chart 4.9). Altogether, they accounted for almost two-thirds of world exports. The top ten exporters all experienced a decline in the value of their exports in 2015, with the highest declines seen in the European Union (-14 per cent) and Turkey (-13 per cent). The smallest decline was recorded in China (-2 per cent) (see Table A22). Among the top ten exporters of clothing (see Chart 4.10), increases in export values were recorded by Viet Nam (+10 per cent), Cambodia (+8 per cent), Bangladesh (+6 per cent) and India (+2 per cent). The other major exporters saw stagnation in their export values (United States) or recorded a decline (all other top ten economies). In 2015, the top ten accounted for 87 per cent of world exports of clothing. Chart 4.9: Top ten exporters of textiles, 2015 Chart 4.10: Top ten exporters of clothing, 2015 Exports Annual percentage change (%) Exports Annual percentage change (%) a Includes significant shipments through processing zones. b Includes Secretariat estimates. Source: WTO Secretariat. a Includes significant shipments through processing zones. b Includes Secretariat estimates. Source: WTO Secretariat. World CIS Europe South and Central America Asia North America Africa Middle East -20 -15 -10 -10 10 15 20-5 50 10 -14 -10 -13 -141 -12 -13 -12 -9-99 -7 2 10-5 50 22 6 20 30 0 -20 10 -10 -30 European Union United States Singapore China Japan Korea, Republic of Hong Kong, China Norway Russian Federation India -20 g, Norway Ru India 10 0 10 -10 World Trade Statistical Review 2016 34 Trade in commercial services Transport The transport sector experienced a difficult year in 2015. Container shipping rates fell sharply and the shipping sector suffered from overcapacity due to lower demand in developing economies. Global air freight volumes slowed in particular in Asia and in Europe, reflecting weaker merchandise trade flows. In contrast, cheaper global air fares resulting from collapsing oil prices boosted international air passenger traffic, which rose by 6.5 per cent1 , a record for the past decade. In 2015, world transport exports fell by 10 per cent to US$ 875 billion, with sharp declines in most regions (see Chart 4.11). In the Commonwealth of Independent States (CIS), exports dropped by 14 per cent as air transport services sunk by 26 per cent. In Europe, the decline was 13 per cent, with international sea transport exports falling by 17 Chart 4.11: World transport exports by region, 2015 (annual percentage change) Chart 4.12: Leading transport exporters, 2015 (annual percentage change) Source: WTO-UNCTAD-ITC estimates. Source: WTO-UNCTAD-ITC estimates. 1 IATA “Air freight market analysis” and “Air passanger market analysis” (December 2015) per cent. Transport receipts in South and Central America were down by 12 per cent. The contraction was less pronounced in Asian economies, as China’s transport exports remained positive (+1 per cent) while they plummeted in other leading exporting economies in the region (see Chart 4.12) (see Table A25). By contrast, transport receipts expanded by 6 per cent in the Middle East, the fastest growing region. The Middle Eastern air transport industry recorded strong growth, with international air freight and air passenger transport expanding by more than 10 per cent in 2015. Merchandise trade and trade in commercial services 35 Freight accounts for the largest part of world transport exports More than half of global transport exports relate to freight transport. In particular, seaborne freight represents the largest share, at 30 per cent in 2014. International freight transport through railways, roads and inland waterways accounted for 15 per cent, while airborne freight accounted for an additional 6 per cent. Supporting and auxiliary transport services performed in ports, airports or railways, such as cargo handling, storage and warehousing, formed overall around one-quarter of world transport exports. By comparison, passenger transport by air was estimated at only 21 per cent of the total. World transport exports mirror closely trends in global merchandise trade flows. Even record performances in international air passenger traffic, as in 2015, cannot offset negative developments in goods transport. Estimated structure of world transport exports, 2014 (percentage) Source: WTO estimates. Sea, freight 30.3% Post and courier 1.4% Sea, passenger 0.8% Other modes, other services 5.7% Other modes, freight 15.0% Other modes, passenger 0.7% Air, other sevices 7.6% Air, freight 5.9% Air, passengers 21.4% Sea, other services 11.3% European Union China Macao, China Hong Kong, China TurkeyThailandUnited States Australia Japan India Annualpercentagechange 10 20 30 40 -30 -20 -10 0 -20 Macao, China Hong Kong, Chi a ailand ualpercentagechange 10 -10 0 10 00 World North America Asia Middle EastSouth and Central America Europe Africa CIS Annualpercentagechange 5 10 15 20 -20 -15 -10 -5 0 ange e East CIS -10 Annualpercentagech 10 5 -5 0 World Trade Statistical Review 2016 36 Chart 4.13: World travel exports and international tourist arrivals by region, 2015 (annual percentage change) Chart 4.14: Leading exporters of travel, 2015 (annual percentage change) Source: WTO calculations based on UNWTO data and WTO-UNCTAD-ITC estimates. In 2015, world travel exports fell by 5 per cent (see Table A25) to US$ 1,230 billion, largely as a result of strong exchange rate fluctuations, in particular the appreciation of the US dollar against major world currencies, rather than declining demand for international tourism (see Chart 4.13). Despite rising security concerns and geopolitical tensions in various destinations, global international tourist arrivals grew by 4 per cent, reaching 1,184 million in 2015. Europe saw international tourist arrivals rise by 5 per cent in 2015, or by an additional 24 million tourists compared to 2014, with the European hotel industry recording the highest growth in occupancy rates. However, in dollar terms Europe’s travel receipts dropped by 13 per cent. Similarly, in the CIS, travel exports dropped by 17 per cent while international tourists were up by 5 per cent. Africa was the only region with plunging travel exports due to falling international tourists following terrorist attacks in some economies and fear of Ebola. Increasing foreign tourists, in particular from the United States, boosted travel receipts in South and Central America and the Caribbean, which expanded by 3 per cent. The leading economies for travel exports had mixed experiences in 2015, particularly in Asia, where receipts dropped by 26 per cent in Macao, China, while they were up by 16 per cent in Thailand and by 35 per cent in Japan (see Chart 4.14) (see Table A33). Other commercial services “Other commercial services” account for more than half of services exported worldwide (see Chart 4.15). In 2015, International tourist arrivals Travel exports World North America Asia Middle EastSouth and Central America CIS AfricaEurope Annualpercentagechange 0 5 10 -20 -15 -10 -5 p -10 orld SoutCIS percentagechange 5 pgg 0 5 0 -5 European Union United States India China Japan Switzerland Singapore Canada Korea, Republic of Hong Kong, China Annualpercentagechange 0 5 15 10 -15 -10 -5 Annualperce 0 -10 -5 Merchandise trade and trade in commercial services 37 Chart 4.15: World exports of other commercial services by region, 2015 (annual percentage change) Chart 4.16: Leading exporters of other commercial services, 2015 (annual percentage change) Source: WTO-UNCTAD-ITC estimates. Source: WTO-UNCTAD-ITC estimates. Note: “Other commercial services” covers: construction; insurance and pension services; financial services; charges for the use of intellectual property n.i.e.; telecommunications, computer and information services; other business services; and personal, cultural and recreational services. these services declined by 5 per cent to US$ 2,495 billion (see Table A34). The steepest fall was recorded in the CIS, where exports dropped by 17 per cent followed by South and Central America (-8 per cent). These declines reflected negative growth in the Russian Federation (-21 per cent) and Brazil (-16 per cent). In Europe, exports dropped by 7 per cent as the European Union’s exports decreased. Most leading exporters of other commercial services recorded significant declines in 2015 (see Chart 4.16). India and Hong Kong, China, were the only economies with positive growth above 1 per cent, rising by 2 per cent and 6 per cent respectively. In the United States, the increase was a modest 0.7 per cent (see Table A35). All categories of other commercial services decreased, but some were more adversely affected than others (see Chart 4.17). Construction was the hardest hit services sector (-15 per cent), reflecting a drop in exports in both developed and developing economies, such as the European Union (-21 per cent), Japan (-6 per cent) and the Republic of Korea (-30 per cent) (see Table A37). In the latter, the fall was due to a significant contraction in building projects in the Middle East, a key export market. In recent years, the Republic of Korea has specialized in building refinery and petrochemical plants as well as power plants. Among top exporters, China was the only economy with strong growth (8 per cent) (see Table A37), reflecting thriving construction activity notably in African countries. For both the Republic of Korea and China, construction exports are essentially trade with other developing countries. Other commercial services of which: Telecommunications, computer and information services Financial services Charges for the use of intellectual property n.i.e. Other business services Insurance and pension services Personal, cultural, and recreational services Construction Annual percentage change -20 2015 2014 -15 -10 10 15-5 -5 -2 -2 -3 -6 -7 -9 -15 50 5 - -6 -7 -15 -10 - -15 -5 -99 1050 --3333 -2 33 2015 2014 -2 2 Costa Rica Korea, Republic of Japan Belarus Brazil United States Argentina Ukraine Sri Lanka India Annual percentage change 0 5 10 15 20 25 30 35 40 4511010 sta R publi Ja Bel B d St rgen Uk ri L entag Ricca c of apan aaarus Brrazil tttates nnntina rrraine L ge change 0 5 La India Annual 0 5 anka World Trade Statistical Review 2016 38 Chart 4.17: World exports of other commercial services by main category, 2015 (annual percentage change) Chart 4.18: Exports of computer services in selected economies, 2015 (annual percentage change) Source: WTO-UNCTAD-ITC estimates. Source: WTO-UNCTAD-ITC estimates. Computer services was the most resilient services sector in 2015, as it has been in other periods in which trade has contracted. This is due to a regular global demand for cost-efficient technologies, the development of innovative software in various sectors such as manufacturing, finance, insurance, healthcare and education as well as the pressing need to address IT security concerns. In 2015, the IT services sector expanded rapidly in many emerging exporters (see Chart 4.18). In Costa Rica, the third-largest supplier of computer services in South and Central America, exports were up by 43 per cent, followed by Brazil (16 per cent) and Argentina (12 per cent). Doubledigit growth was reported also in Asian exporters, such as the Republic of Korea and Japan, both growing by 25 per cent, as well as in the United States (14 per cent) (see Table A47). Merchandise trade and trade in commercial services 39 Chart 4.19: World exports in chemical products - Origin of value added, 2011 (per cent share in gross exports of chemicals) Source: OECD-WTO TiVA database. Global value chains Estimating trade in terms of value added provides a new perspective on trade patterns. The OECD-WTO Trade in Value Added (TiVA) database provides data on the origin of the value added in gross exports. This can be used to outline trade flows taking place within global value chains (GVCs). TiVA data is based on the International Standard Industrial Classification (ISIC Rev.3) that covers all sectors of the economy, including primary products, manufactured goods and services. International supply chains in the chemicals industry The chemicals industry is a sector dominated by supply chains. The chemicals market faces strong international competition, and companies make use of supply chains to optimize their production or services and to make cost savings. The ISIC definition of the chemical industry includes basic chemicals (plastics, synthetic rubber, etc.), agrochemical products (fertilizers, pesticides, etc.), pharmaceutical products, cosmetic products (soap, perfume, etc.) and synthetic fibres. TiVA data shows that around 62 per cent of the value added in chemicals exports in 2011 (the latest year for which data is available in the TiVA database) originated from other industries supplying inputs to chemical firms to allow them to produce goods and services for export (see Chart 4.19). The share of “upstream” services inputs in the overall value added in chemicals exports reached 38 per cent in 2011 of which the “wholesale and retail trade” industry represented 12 per cent, reflecting the distribution networks that support the production process and that ensure the circulation of intermediate goods within the supply chain. “Research and development and other business activities” accounted for more than 10 per cent of the value added in world exports of chemicals. “Transport and storage” services accounted for 4 per cent of its value added exports, reflecting the fact that the chemicals sector is transport-intensive. Among primary industry inputs, raw materials, such as “mining and quarrying” products, are essential for the production of chemicals. These accounted for 11 per cent of the value added. 38% 62% 38% 11% 13% Chemical industry (exporter) Other upstream industries (inputs’ suppliers to the chemical industry) Services industries Other manufactures industries (excluding the chemical industry) Primary industries Brazil Japan India Canada Israel SingaporeEuropean Union United States Switzerland Republic of Korea 100 90 80 70 60 50 40 30 20 10 50 40 30 20 10 Brazi 110000 90 80 7700 60 84 16 e n il Europe Union 83 17 e e ean n Unite State 82 18 ld es Switzerl 77 23 nJapanand 76 24 an India 71 29 da Canad 70 30 eda Israe 65 35 pel Singap 55 45 ic of ea ore Republ Kore 47 53 World Trade Statistical Review 2016 40 The breakdown between domestic and foreign value added content in chemicals exports reveals to what extent domestic content contributes to exports in this sector and how much the economy depends on foreign production partners for the foreign value added content of exports. Chart 4.20 shows that for most countries, chemicals exports have a higher proportion of domestic rather than foreign value added content but the share varies significantly. The foreign value added content corresponds to the upstream supply of intermediate goods and services from foreign companies for the production of chemicals exports. The level of foreign value added content depends on multiple factors, such as the size of the exporting economy and its capacity to host the required production processes, the economy’s level of industrial specialization and its position in the supply chain. Chemicals supply chains in the European Union are concentrated among its member countries, with 83 per cent of the value added in exports in 2011 sourced from within the EU. Germany, France and the United Kingdom are the main suppliers of value added, with 22 per cent, 12 per cent and 11 per cent respectively of the value added in EU exports of chemicals. The United States is the main non-EU contributor to EU exports of chemicals, with 5 per cent of the value added in 2011, mainly from services sectors such as research and development or wholesale/retail distribution services. Large economies such as the United States or Japan have a high share of domestic content in their chemicals exports. This is because their domestic production networks have the capacity to meet the needs of exporting industries, and their chemical industry therefore relies to a lesser extent on international supply chains to produce their exports. The share of domestic content in chemicals exports is also high in Brazil, Chart 4.20: Domestic and foreign value added content in chemicals exports – selected economies, 2011 (per cent share in gross exports of chemicals) Source: OECD-WTO TiVA database. Foreign value added Domestic value added Merchandise trade and trade in commercial services 41 whose exports contained only 16 per cent of foreign value added content in 2011. This is because Brazil’s chemicals industry is one of the largest in the southern hemisphere, and the country has its own natural resources and industrial infrastructure to produce basic raw materials or petrochemical products used in the chemical industry. Switzerland also incorporates a high level of domestic value added in its exports of chemical products. This is due to its specialization in high-grade products and the application of innovative processes and its high-skilled workforce. Among the economies shown in Chart 4.20, the Republic of Korea has the lowest share of domestic value added content in chemical exports, at just 47 per cent in 2011. This is because Korean firms have established vertical supply chains with a number of countries to optimize the production process, to generate cost savings and to import raw materials such as oil products, which they largely source from Saudi Arabia. TiVA data reveals that Saudi Arabia plays a key role in the international chemicals industry as a core supplier of oil products to many countries. In 2015, China was once again the world’s leading merchandise exporter and the United States the leading merchandise importer. The top five traders – namely China, United States, Germany, Japan and the United Kingdom – accounted for more than one-third of world trade while the top three countries accounted for more than one-quarter. A fall in prices in international markets had a particular impact on Africa, particularly Sub-Saharan Africa, other commodity exporters and regional trade agreements in general. The United States remained the leading trader of commercial services. However, China, which ranked second, was the only economy with positive growth for both exports and imports. In 2015, all regions, with the exception of the Middle East, experienced declines in their exports of services. Trading patterns: Global and regional perspectives Chapter V 44 44 45 46 48 48 48 50 Merchandise trade Top performers Regional performance Regional trade agreements Trade in commercial services Top performers Commercial services trade by modes of supply Foreign affiliates statistics (FATS): Sales of services through foreign affiliates -20 -15 -10 -5 0 5 10 15 20 25 30 -20 -15 -10 -5 0 5 10 15 20 25 30 -20 -15 -10 -5 0 5 10 15 20 25 30 CHINA JAPAN UNITED STATES GERMANY -20 -15 -10 -5 0 5 10 15 20 25 30 2011 201420132012 2015 2011 201420132012 2015 2011 201420132012 2015 2011 201420132012 2015 10 -5 0 5 10 15 2020 25 30 CHHINA 10 -5 0 5 10 15 2020 25 30 ERMANY 10 -5 0 5 10 15 2020 25 30 PAN 15 10 -5 0 5 10 15 2020 20132013 2015 201520122012 2015 2015 World Trade Statistical Review 2016 44 Merchandise trade Top performers China, the United States, Germany and Japan remained the top four traders for both merchandise exports and imports in 2015 (see Chart 5.1). China was the leading exporter, with total exports of US$ 2.27 trillion and a 14 per cent share of world exports, followed by the United States (US$ 1.50 trillion, 9 per cent), Germany (US$ 1.33 trillion, 8 per cent) and Japan (US$ 624 billion, 4 per cent). The fifth biggest exporter was the Netherlands, with total exports of US$ 567 billion, representing a 3 per cent share of world exports (see Table A6). The leading importer was the United States, with imports totalling US$ 2.31 trillion, representing a 14 per cent share of the global total, followed by China (US$ 1.68 trillion, 10 per cent), Germany (US$ 1.05 trillion, 6 per cent) and Japan (US$ 648 billion, 4 per cent). The United Kingdom was the fifth biggest importer of goods, with imports amounting to US$ 626 billion, representing 4 per cent of world imports (see Table A6). The European Union experienced a decline of 12 per cent in the value of its exports in 2015 following an average of 2 per cent growth in 2012-14. Asia overtook Europe for the first time in terms of share of world exports in 2015 (36.17 per cent compared with 36.15 for Europe). Europe and Asia, the leading destinations of exports, saw their imports drop by 13 per cent and 14 per cent respectively in 2015. Since the financial crisis in 2008, the European Union and the United States have experienced similar trade patterns in terms of exports and imports. Though more volatile than GDP, exports and imports from these two Chart 5.1: Merchandise trade of world’s leading traders, 2011-2015 (annual percentage change, %) Imports Exports Imports Exports Imports Exports Imports Exports 0.0 -25.0 10.0 -15.0 North America -40.0 -35.0 -30.0 -20.0 -10.0 -5.0 5.0 0 10 -15 -10 -5 5 South and Central America and the Caribbean Europe Commonwealth of Independent States Africa Middle East Asia 5 0 0.0 0.0 0.0 5.0 0.0 5.0 5.0 0 0 0 0 0 0 0 pe Commo wealth of fricaAfon- ddle Easta Mi 2005 2008 2006 2009 2011 2007 2010 2013 2014 2012 2015 140,000 120,000 100,000 80,000 50,000 40,000 20,000 0 Trading patterns: Global and regional perspectives 45 traders have followed a similar pattern to GDP growth. Conversely, countries such as China and Japan have seen varying trends for their exports and imports. For instance, in 2015, China’s imports dropped by 14 per cent while its exports declined by only 3 per cent (see Chart 5.1). Exports from emerging economies declined in 2015. In particular, Argentina, Brazil, Bulgaria, Chile, China, Colombia, Hungary, India, Indonesia, Latvia, Lithuania, Malaysia, Mexico, Pakistan, Peru, Philippines, Poland, Romania, Russia, South Africa, Thailand, Turkey, Ukraine and Venezuela experienced significant declines (see Tables A6 and A7). Total exports from this group of countries fell by 11 per cent in 2015, bringing the total value of exports to about US$ 5 trillion, representing 30 per cent of the world total. The largest among this group were Russia (32 per cent), India (17 per cent) and Brazil (15 per cent). Both China and Mexico were relatively resilient to the decline in exports compared with other developing economies, recording a fall of 3 and 4 per cent respectively. China, however, experienced a large decline of 14 per cent for imports. Mexico’s decline in imports was not as drastic, falling by 2 per cent. Regional performance In dollar terms, Asia was the best performing region in 2015 followed by Europe and North America. Its overall merchandise exports amounted to US$ 5.961 trillion, followed by Europe’s US$ 5.958 trillion and North America’s US$ 2.3 trillion. The regions’ exports declined by 7, 12 and 8 per cent respectively (see Chart 5.2). Africa’s exports experienced a significant 30 per cent decline in dollar terms in 2015. Accounting for about 40 per cent of the region’s exports, Sub-Saharan oil-exporting countries, such as Equatorial Guinea and Congo, were significantly affected by the 60 per cent decline in oil prices. Nigeria saw a decline of almost 50 per cent (see Table A7) in its export revenues in dollar terms (see Chart 5.3). This weakness was also due to a variety of other factors, including slow growth in North Africa and domestic and political turmoil. Growth in South Africa and Morocco was relatively better than the average for the region, with a less marked decline in the value of their exports. Asia experienced the lowest regional decline in total exports in 2015, with a fall of 7 per cent. However, the larger Asian economies, such as Malaysia and the Philippines (net exporters of manufactured products), experienced a decline of 15 per cent Chart 5.2: Merchandise trade by region, 2015 (annual percentage change) Chart 5.3: Merchandise exports from Africa, 2005-2015 (million US dollars) Algeria Libya Angola Nigeria South Africa Imports Exports 0 40 20 2007 -30 -20 -10 10 30 2008 2009 2010 2011 2012 2013 2014 2015 40 30 088 10202009 2 014 2015 -20 - -20 0 20 20 -10 10 30 World Trade Statistical Review 2016 46 and 6 per cent respectively while Indonesia’s exports fell by 15 per cent (see Table A7). On the other hand, Viet Nam (a net importer of manufactured goods) and Bangladesh (a clothing exporter) experienced growth of 8 and 6 per cent respectively (see Table A7) despite declining prices for manufactured goods in 2015. Developing Asia continues to account for the bulk of developing economies’ share in world exports, representing 67 per cent of developing economies’ exports. The participation in global trade of the Middle East, South and Central America and the Commonwealth of Independent States is still largely confined to agricultural products, energy and other commodities, so their trade flows are vulnerable to price movements influenced by international markets. Their total exports amounted to US$ 841 billion, US$ 540 billion and US$ 500 billion respectively in 2015. Compared to 2014, their exports declined by 35, 21 and 32 per cent respectively. Regional trade agreements (RTAs) Some 423 notifications regarding RTAs (counting goods, services and accessions separately) – comprising 267 physical RTAs – have been received by the GATT/WTO and are currently in force, the biggest being the European Union, the North American Free Trade Agreement (NAFTA) and the Association of Southeast Asian Nations (ASEAN). Together, the three RTAs represent 55 per cent of world exports (US$ 8.8 trillion) and 58 per cent of world imports (US$ 9.6 trillion). Overall, total merchandise trade in value terms for RTAs stagnated or declined in 2015 (see Chart 5.4). The European Union, however, slightly increased its one-third share of world exports, increasing its total to US$ 5,387 billion. NAFTA accounted for 14 per cent of world exports, and ASEAN represented 7 per cent of world exports respectively in 2015. The average growth rate for merchandise trade from 2013 to 2015 is lower than the rate from 2007 to 2009, reflecting the sluggish economic growth across the world since the financial crisis of 2008 and a fall in export and import prices from 2014 to 2015. In South America, MERCOSUR (Southern Common Market) and the Andean Community (consisting of Bolivia, Colombia, Ecuador and Peru) both experienced a decline in their exports of 22 per cent and 27 per cent respectively. Similarly their shares in world exports continued to decline slightly from 2014 to 2015. In Africa, the dependence of the Economic Community of West African States (ECOWAS) on oil exports and imports – particularly Nigeria, which accounted for 50 per cent of ECOWAS exports – resulted in its share of world exports falling to 0.5 per cent in 2015 from 0.9 per cent in 2012 (see Table A56). Chart 5.4: Merchandise exports of leading RTAs, pre- and post-financial crisis, (2007-2015) (annual percentage change) EU 28 NAFTA ASEAN Trading patterns: Global and regional perspectives 47 Trans-Pacific Partnership The Trans-Pacific Partnership (TPP), a trade agreement among 12 Pacific Rim countries signed in February 2016, aims to increase market access and promote economic growth through new trade rules. The agreement has not yet entered into force. The 12 signatory countries saw their share of world exports decline to 24 per cent in 2015 from 25 per cent in 2005 and their share of world imports fell to 29 per cent from 31 per cent a decade earlier. The TPP offers its signatories the potential to benefit from the large size of the markets covered by the agreement and to increase their share of world trade. In 2014, the signatories accounted for 36 per cent of the world’s GDP, or US$ 28 trillion, and encompassed a population of 810 million. The United States is the largest market in terms of GDP and population, representing 62 per cent of the TPP’s GDP and 40 per cent of the population covered by the TPP. The TPP includes some of the fastest growing economies in trade. Since 2005, Viet Nam, Peru and Chile have experienced annual average growth rates of 17 per cent, 14 per cent and 9 per cent respectively for their merchandise exports. For the other TPP countries, the lowest annual average growth rate during this period was 3.7 per cent, recorded by the United States. In terms of GDP, Viet Nam, Peru, Singapore and Malaysia achieved the highest annual growth rates during the last decade, averaging at 9 per cent or higher. TPP partners in world exports (% share) TPP partners in world imports (% share) Australia Brunei Darussalam Canada Chile Japan Mexico Malaysia New Zealand Peru Singapore United States Viet Nam 0.0% 2005 2011 2015 10.0% 15.0% 20.0% 25.0% 30.0% 5.0% 0.0% 2005 2011 2015 10.0% 15.0% 20.0% 25.0% 30.0% 5.0% -10 15 0 North America -25 -20 -15 -5 5 10 15 South and Central America Europe CIS Africa Middle East Asia -15 -1 -15 1 15 10 0 -5 5 10 Ape CIS World Trade Statistical Review 2016 48 Source: WTO-UNCTAD-ITC estimates. Trade in commercial services In 2015, world trade in commercial services was down by 6 per cent, with some regions experiencing significant declines (see Chart 5.5). In the Commonwealth of Independent States (CIS), exports dropped by 16 per cent and imports by 23 per cent, reflecting a contraction in services trade in the Russian Federation and the depreciation of the Russian rouble against the US dollar (see Table A3). Strong exchange rates fluctuations in Europe largely contributed to the region’s decline in services trade, while the recession in Brazil had a major impact on services trade in South and Central America, in particular on imports, which fell by 12 per cent. Imports increased moderately in North America, the only region with positive import growth. In Asia, a decline in transport exports in many economies due to weak merchandise trade and a contraction in other commercial services translated into services exports falling by 3 per cent (see Table A3). A decrease in travel receipts, which account for more than 40 per cent of Africa’s exports, resulted in a decline of 3 per cent in Africa’s exports of commercial services. In contrast, expanding tourism in the Middle East, the region’s largest exported service, boosted its services exports, which rose by 5 per cent, reflecting sustained growth in both the United Arab Emirates and in the Kingdom of Saudi Arabia (see Table A3). Top performers In 2015, the top ten exporters of commercial services were the same as the top ten importers but the order of the top ten differed (see Chart 5.6). The United States maintained its position as the world’s leading trader of commercial services. Although US exports stagnated, its imports were up by 3 per cent, reflecting its ongoing economic recovery (see Tables A8 and A9). China was the second-largest services exporter in 2015, with a 6 per cent share in global services exports. The country was the only leading services exporter to record positive growth for both exports and imports (2 per cent and 3 per cent respectively). However, China remained a net importer of services, mainly due to the rapid increase in its travel imports in recent years. Among other leading Asian traders, imports fell more steeply than exports, with Japan’s services imports down by 9 per cent (see Tables A8 and A9). In US dollar terms, leading European traders saw declines in their services trade, with the sharpest export reduction in France (-13 per cent) and the biggest fall in imports in Germany (-12 per cent). However, it should be noted that in euro terms growth was positive in both countries. Imports rose by 4 per cent in Ireland, as payments for business services as well as for charges for the use of intellectual property thrived. Ireland recorded the most dynamic growth rate among leading importers of commercial services (see Tables A8 and A9). Commercial services trade by modes of supply Services traded through mode 1 (services supplied from one country to another, officially known as “crossborder trade”) accounted for 16 per cent of US exports and imports of services. These services comprise transport (excluding supporting and auxiliary transport services), telecommunications services, information services, insurance and pensions services, financial services, charges for the use of intellectual property n.i.e., operating leasing services and trade-related services. Mode 2 (consumers or firms making use of a service in another country, known officially as “consumption abroad”) represents around 11 per cent of US exports of commercial services and 8.5 per cent of imports. Mode 2 covers travel and supporting and auxiliary Chart 5.5: Trade in commercial services by region, 2015 (annual percentage change) Exports Imports 0 400 500 700 600 800 200 United States -300 -200 -100 100 300 -200 10 United Kingdom China Germany France Netherlands Japan India Singapore Ireland 700 800 -10 40 500 700 600 30 20 10 30 0000 00 00 0 00 00 00 d m China German China Germany France Netherlands Japan India Singapore Ireland United States United Kingdom Trading patterns: Global and regional perspectives 49 Source: WTO-UNCTAD-ITC estimates. Source: WTO-UNCTAD-ITC estimates. transport services (such as loading and unloading of containers in ports and airports, storage and warehousing, cleaning, etc.), which are supplied on a consumption abroad basis. Exports through mode 1 and mode 4 (individuals travelling from their own country to supply services in another, known officially as “presence of natural persons”) together made up 6.1 per cent of US services exports and 8.2 per cent of its imports. This category covers computer services as well as a variety of professional and technical services, such as legal services, business and management consulting, and research and development services for which a dominant mode of supply cannot be determined. They can be delivered through mode 1 or mode 4. In Chart 5.7, mode 4 covers only mining services while modes 3 and 4 combined (commercial presence and presence of natural persons) refer to construction in balance of payments statistics. Over two-thirds of US exports and imports of services took place through the setting-up of subsidiaries or branches to provide services in another country, known as “establishment of a commercial presence” (mode 3, as defined by the General Agreement on Chart 5.6: Leading traders of commercial services, 2015 (US$ billion and annual percentage change) billionUS$ Annualpercentagechange Imports Exports Exports Imports Balance World Trade Statistical Review 2016 50 Trade in Services) in 2013, the latest year for which data is available. Foreign affiliates statistics (FATS): Sales of services through foreign affiliates Services can be provided to foreign markets via a direct investment channel. Modes 1, 2 and 4 (recorded in the balance of payments current account) mostly concern transactions between residents and non-residents. However, most of mode 3 (“supply of services through commercial presence”) can only be fully analysed through foreign affiliates statistics. Until recently, data was mainly limited to developed economies. But in recent years, an increasing number of developing economies, including some leastdeveloped economies, have started compiling such data, leading to a better understanding of how suppliers render services to their clients worldwide. Due to the time lag for the production of these statistics, it is only possible to analyse data up to 2013 in this publication. As shown in Table A63, mode 3 represents an important way of supplying services to international markets. On average, the level of sales is steadily increasing. This is reflected in the data available for the major services-producing economies. Chart 5.7: Estimated structure of trade in commercial services in the United States by mode of service supply, 2013 Chart 5.8: Main extra-EU destination markets for EU firms supplying services through mode 3, 2013 Source: WTO Secretariat calculations based on U.S. Bureau of Economic Analysis (BEA) data. Source: Eurostat. Exports Imports 16.3% Mode 1 16.5% Mode 1 0.2% Mode 4 0.2% Mode 3+4 66.5% Mode 3 66.4% Mode 3 36.4% United States 8.1% Switzerland 7.5% Brazil 4.3% Hong Kong, China 3.7% South Africa 24.7% Other 3.7% Australia 3.0% Mexico 3.9% Singapore 2.9% Canada 2.8% China 0.1% Mode 3+4 0.1% Mode 4 6.1% Mode 1+4 8.2% Mode 1+4 10.8% Mode 2 8.5% Mode 2 -70 -60 -50 -40 -30 -20 -10 0 10 20 30 Zambia Cyprus Serbia Luxembourg Croatia Poland HongKong,China Lithuania France Denmark Portugal Austria Hungary Norway Bulgaria Latvia CzechRepublic Thailand SlovakRepublic Greece Slovenia Canada Estonia Italy UnitedStates Spain Romania Germany Netherlands Trading patterns: Global and regional perspectives 51 For example, the supply of services by the European Union (mainly dominated by France, Germany, Italy, Spain and the United Kingdom) to other countries increased by 6 per cent in 2011, 4 per cent in 2012 and 1 per cent for 2013. As illustrated in Chart 5.8, the main extra-EU destination markets for EU firms supplying services through mode 3 are the United States, Switzerland, Brazil, Hong Kong (China) and South Africa. Sales of services by the United States and Canada through their foreign affiliates abroad show a similar growth of sales. In addition, partial data are available for some developing economies, such as India. For instance, Indian affiliates abroad offering banking, computer and IT-enabled services have experienced a rapid increase in sales, with annual average growth of 17 per cent since 2008. Inward FATS measure the rendering (i.e. sale) of services to consumers of economies in which the foreign affiliates are established. Available data show on average growth rates of 4 per cent in 2012 and 2 per cent in 2013. However the picture differs substantially depending on the economies. It should be noted that the number of economies reporting inward FATS is greater than those reporting outward FATS (see Table A62). A number of economies achieved double-digit growth rates in 2013 (see Chart 5.9). These include Zambia (+24 per cent), Cyprus (21 per cent), Serbia (18 per cent), Luxembourg (16 per cent) and Hong Kong, China (11 per cent). Some economies have experienced a sharp decline in their sales of services. These include the Slovak Republic (-21 per cent) and Thailand (-65 per cent). The high volatility of this data needs to be taken into account, as major suppliers of services are not always included as a consequence of Chart 5.9: Growth in sales of services provided by foreign affiliates in 2013 (in percentage)* mergers and acquisitions in an evergrowing era of globalization (see Table A62). Inward FATS in the United States (see Table A64) shows how rapidly some emerging and developing economies are gaining local market shares in the supply of services. Although still representing relatively small shares of overall foreign activity in the United States (ranging from 0.5 per cent to 2 per cent for each economy), affiliates of major developing economies, in particular from Asia and the Middle East, are rapidly becoming important players in the US market. For example, the Republic of Korea, India, Singapore, Mexico, China, Hong Kong (China), United Arab Emirates and Saudi Arabia now collectively account for 7.3 per cent of total foreign supply of services by foreign affiliates in the United States, compared with only around 2.5 per cent five years earlier. *Given the recent development of these statistics, data coverage may not always be complete. See the chapter on “Composition, definitions & methodology”. World Trade Statistical Review 2016 52 Merchandise exports – in terms of US dollar values – from developing economies and least-developed countries (LDCs) were badly hit by significantly lower prices for fuels and mining products in 2015. LDCs’ exports suffered the most, recording a 25 per cent decline, while exports from developing economies fell by 14 per cent. LDCs’ share of world exports dropped to below 1 per cent for the first time since 2007. Exports of commercial services from developing economies contracted by 3 per cent in 2015. The decline in transport exports reflected weak merchandise trade while travel receipts fell only slightly. LDCs recorded growth in exports of commercial services, which rose by 1 per cent, assisted in particular by the continuing expansion of travel exports. However, LDCs’ participation in global exports of commercial services remained negligible at 0.8 per cent. Developing economies’ participation in world trade Chapter VI Developing economies’ participation in world trade 53 Developing economies Merchandise trade Spotlight on Africa: Trade in fuels and export diversification Trade in commercial services Least-developed countries Merchandise trade Trade in commercial services Aid for Trade 54 54 55 56 59 59 60 63 World Trade Statistical Review 2016 54 Merchandise trade Developing economies recorded a 14 per cent decrease in merchandise exports in value terms and a 13 per cent decrease in imports in 2015. Latin America, the Middle East and Africa continued to be negatively affected by the decline in the prices of fuel and other commodities. Developing countries in Europe and Asia, which recorded positive but slowing growth in exports in 2013 and 2014, registered declines in 2015. As a result, developing economies’ participation in world merchandise trade showed little change in 2015. Their share in exports declined very slightly to 43 per cent while their share in imports remained at 41 per cent (see Chart 6.1). South-South trade (i.e. exports from developing economies to other developing economies) continued to grow and to constitute an increasing share of developing economies’ exports (approximately 52 per cent in 2014).1 Since 2010, South-South trade has recorded stronger growth than trade with developed economies and with Chart 6.1: Share of developing economies in world trade, 2000-2015 Merchandise exports Merchandise imports Exports to developed and CIS countries South-South trade Imports from developed and CIS countries 2000 2005 2010 2015 20 25 30 35 40 45 50 43% 41% Chart 6.2: Developing economies’ merchandise trade with developing, developed and CIS economies, 2000-20142 (US$ billion) 4,000 4,500 3,500 3,000 2,500 2,000 1,500 1,000 500 0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 the Commonwealth of Independent States (CIS – see Chart 6.2). In recent years, trade has grown unevenly among the five developing regions (Africa, Developing Asia, Developing Europe, Latin America and the Middle East) due to political stability, dependence on commodity exports, and changes in global commodity prices (see Chart 6.3). Fuel exporters in developing economies saw their exports fall significantly due to the increased global supply and falling global demand as a result of sluggish growth globally. The share of fuels in developing countries’ exports fell from 25 per cent in 2012 to 21 per cent in 2014. The price of minerals and non-ferrous metals also fell, but the price of food and beverages remained relatively stable following the peak prices recorded for wheat, maize and barley in 2011. Commodity-dependent regions showed double-digit declines (annual percentage change) in exports in 2015 in contrast to Developing Asia, which was buoyed by its manufacturing sector (see Table 6.1). Developing economies 1 Origin and destination figures and product group shares discussed here are based on the available WTO network of world merchandise trade data, published in October 2015. The next update to the WTO network of world merchandise trade data, which will include 2015 figures, is scheduled for October 2016. 2 Data in this chart are sourced from the WTO network of world merchandise trade, which is based on the geographical distribution of exports adjusted for distortions relating to large re-export activities. Import data might thus slightly differ from statistics published by other official sources. All growth rates in this chapter are in terms of current US dollar values. Developing economies’ participation in world trade 55 Spotlight on Africa: Trade in fuels and export diversification As illustrated in Chart 6.3, oil exporters in Latin America, the Middle East and Africa were negatively affected by an increased global supply of oil and the subsequent fall in fuel prices, which dampened growth in those regions. Declines in African exports followed closely the declines in fuel prices, with all eight African oil and gas exporters recording declines in exports in both 2014 and 2015. As a group, the eight African oil and gas exporters Chart 6.3: Quarterly merchandise trade exports for developing economies by region, 2013-2015 (indices 2013 Q1 = 100, not seasonally adjusted) Latin America Middle East Developing Europe Developing Asia Africa Fuel prices 120 100 20 80 60 40 13Q1 15Q1 15Q414Q1 experienced a 52 per cent decrease in exports between 2013 and 2015. One reason for the decrease in fuel exports was the increased oil production by the United States. Between 2012 and 2014 the United States reduced fuel imports from Africa by 59 per cent as a result of increased domestic production. This decrease in fuel imports contributed to a 47 per cent fall in the value of Africa’s total exports to North America during this period. In 2014, North America’s share of Africa’s total exports was only 7 per cent compared with 11 per cent in 2012. However, among the eight oil and gas exporters, exports of manufactured goods continued to grow. For example, although Algeria’s exports of manufactured goods represent a very small percentage of its total exports, which are dominated by trade in fuels, its exports of manufactured chemicals grew by almost 150 per cent from 2013 to 2014. According to the latest data available, the percentage of manufactured goods as a share of African exports grew from 19 per cent in 2013 to 21 per cent in 2014. Manufactured goods continued to experience positive trade growth (although at a decelerating rate) in 2013 and 2014 alongside trade of agricultural products, in contrast to exports of fuels and other mining products. As shown in Table 6.2, the top four traders, which also represent several of the most economically diverse countries in Africa, weathered the downturn in the last few years better than the commodity-dependent oil and gas exporters. Exports Imports Value Share in world Annual % change Value Share in world Annual % change 2015 2014 2015 2014 2015 2015 2014 2015 2014 2015 Developing economiesa 6934 43.6 43.4 1 -14 6664 41.0 40.9 0 -13 Latin America 920 5.9 5.8 -3 -15 1027 6.2 6.3 -1 -11 Developing Europe 169 1.0 1.1 4 -9 247 1.5 1.5 -3 -14 Africa 388 3.0 2.4 -8 -30 559 3.5 3.4 2 -14 Middle East 841 7.0 5.3 -4 -35 707 4.2 4.3 2 -10 Developing Asiaa 4616 26.8 28.9 4 -7 4124 25.6 25.2 1 -14 Memorandum items Worlda 15985 100.0 100.0 0 -14 16299 100.0 100.0 1 -13 Developed economies 8550 52.4 53.5 0 -12 9290 56.3 56.9 1 -11 Commonwealth of Independent States 500 4.0 3.1 -6 -32 345 2.7 2.1 -11 -32 Table 6.1: Developing economies’ merchandise trade by region, 2015 (US$ billion and percentage) Note: a Excluding Hong Kong (China) re-exports or imports for re-exports. World Trade Statistical Review 2016 56 Trade in commercial services Developing economies’ participation in world trade in commercial services continued to rise in 2015, reaching 32 per cent of global exports or US$ 1,521 billion (see Chart 6.4 and Table 6.3). Since 2005, these countries have progressively expanded their share of services trade. The increase was mainly due to Developing Asia, which accounted for 22.4 per cent of world exports of services in 2015. China, India, the Republic of Korea, Hong Kong (China) and Thailand were among the main contributors. Developing Asia’s share of world imports of commercial services expanded even more rapidly, reaching 25.4 per cent in 2015, largely due to China’s booming services imports, in particular travel. Developing economies’ demand for services has thrived over the years, with these countries raising their participation in world imports to 39.4 per cent in 2015 (US$ 1,815 billion). As merchandise trade flows contracted in 2015, container port activity decelerated considerably in several developing economies, declining by 11 per cent in Hong Kong (China) and by almost 9 per cent in Singapore. However, thanks to China’s growth in exports, developing economies’ transport exports fell by only 6 per cent compared with a 12 per cent fall for developed countries. Developing economies’ travel receipts declined by 1 per cent while exports of other commercial services decreased by 3 per cent. Table 6.2: Summary indicators on Africa’s merchandise trade, 2013-2015 Note: a Algeria, Angola, Chad, Equatorial Guinea, Gabon, Libya, Nigeria and Sudan. Exports Imports Main traders ( per cent change) 2013 2014 2015 2013 2014 2015 Oil and gas exporters (8 countries)a -12 -14 -44 10 1 -19 South Africa -4 -5 -10 -1 -3 -14 Egypt -3 -7 -28 -14 19 -9 Morocco 2 8 -8 1 1 -18 Tunisia 0 -2 -16 -1 2 -19 Above 12 countries, share of Africa's trade 79 77 73 70 70 68 Regional trade by product ( per cent change) 2013 2014 2015 2013 2014 2015 Agricultural products 7 3 … 2 2 … Fuels -11 -13 … 3 1 … Other mining products 1 -6 … 0 0 … Manufactured goods 7 2 … 7 5 … Product share in region's trade ( per cent) 2013 2014 2015 2013 2014 2015 Agricultural products 10 11 … 16 16 … Fuels 57 54 … 16 15 … Other mining products 9 9 … 2 2 … Manufactured goods 19 21 … 62 64 … Developing economies’ participation in world trade 57 Chart 6.4: Share of developing economies in world trade in commercial services, 2005-2015 (percentage) Source: WTO-UNCTAD-ITC estimates. Travel and transport account for the bulk of developing economies’ exports of commercial services, totalling 37 per cent and 20.2 per cent respectively in 2015 (see Chart 6.5). Both these shares are higher than in developed economies. However, developing economies’ share in exports of commercial services continues to lag behind in higher-skilled services, such as charges for the use of intellectual property n.i.e., insurance and pension services and financial services. This points to the difficulty for these countries to compete in these areas, in particular in terms of training and financial resources. Commercial service imports Commercial service exports 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 20.0 25.0 30.0 35.0 40.0 45.0 39.4 32.0 Source: WTO-UNCTAD-ITC estimates Chart 6.5: Structure of developing and developed economies’ exports of commercial services, 2015 (percentage) Developing economies Developed economies 37% Travel 20.7% Travel 20.2% Transport 17% Transport 0.3% Not allocated 3.1% Goods related services 3.2% Goods related services0.7% Personal, cultural and recreational services 0.9% Personal, cultural and recreational services 1.7% Insurance and pension services 3.1% Insurance and pension services 4.1% Financial services 11.2% Financial services 3.2% Construction 1.6% Construction 20% Other business services 23% Other business services 1.1% Charges for the use of intellectual property n.i.e. 8.9% Charges for the use of intellectual property n.i.e. 9.1% Telecommunications, computer and information services 10.5% Telecommunications, computer and information services World Trade Statistical Review 2016 58 Other business services comprised 20 per cent of developing economies’ total services exports in 2015, according to estimates. This category includes research and development, professional and management consulting services, and technical, trade-related and other business services. Rising by an annual average of around 10 per cent since 2005, developing economies’ share of global exports of other business services reached 29.1 per cent in 2015. Developing Asia continued to play the main role (22.9 per cent), with exports from India and China alone accounting for 10.2 per cent of world exports. These two economies ranked first and second as preferred services offshoring locations.1 India’s exports to foreign clients included a wide range of services, such as finance and accounting, auditing, book keeping and tax consulting services, customer services, medical transcriptions, and various types of engineering services (embedded solutions, product design, industrial automation and enterprise asset management). Other economies play a key role in business process outsourcing (BPO). The Philippines, for example, has specialized in call centres but it has also expanded into higher valueadded services. Its exports of other business services were up by 15 per cent in 2015. Among developing countries, Israel is the leading exporter of research and development services (R&D). However, its exports in this area contracted in 2015. In Africa, Morocco is the main exporter of other business services, especially call centres.2 Source: WTO-UNCTAD-ITC estimates 1 The 2016 A.T. Kearney, Global Services Location Index 2 Morocco Office des changes “Evolution du secteur de l’Offshoring 2013-2015” Table 6.3: Developing economies’ trade in commercial services by region, 2015 (US$ billion and percentage) Exports Imports Value Share in world Annual % change Value Share in world Annual % change 2015 2014 2015 2014 2015 2015 2014 2015 2014 2015 Developing economies 1521 30.9 32.0 9 -3 1816 38.2 39.4 11 -3 Latin America and the Caribbean 163 3.3 3.4 2 -3 200 4.6 4.3 2 -11 Developing Europe 58 0.0 0.0 8 -10 28 0.7 0.6 3 -11 Africa 96 2.0 2.0 4 -3 157 3.5 3.4 6 -10 Middle East 141 2.6 2.0 6 5 257 5.4 5.6 10 -3 Developing Asia 1064 21.7 22.4 11 -3 1173 24.1 25.4 14 -1 Memorandum items World 4754 100.0 100.0 7 -6 4612 100 100 7 -6 Developed economies 3140 66.9 66.0 6 -7 2662 58.2 57.7 6 -7 Commonwealth of Independent States 94 2.2 2.0 -9 -16 134 3.5 2.9 -4 -23 Developing economies’ participation in world trade 59 Merchandise trade Merchandise exports of the leastdeveloped countries (LDCs) contracted by 25 per cent in 2015, exceeding the decline recorded in 2014 (-3 per cent). LDCs depend to a high degree on exports of fuels and mining products, which were hit by a fall in prices and demand in 2015. LDCs rely more on these products than most other country groupings. Their imports declined by 9 per cent in 2015, leading to a record merchandise trade deficit (US$ 87 billion). LDCs’ share of merchandise exports in world exports dropped to 0.97 per cent in 2015 – the first time it has dropped below 1 per cent since 2007 (see Chart 6.6). Their share in world merchandise imports slightly increased to 1.5 per cent in 2015 (1.4 per cent in 2014). LDCs’ share of merchandise exports from developing economies dropped to 2.1 per cent in 2015 (2.4 per cent in 2014) while its imports share increased to 3.4 per cent (3.3 per cent in 2014). LDC exporters of manufactured goods showed the highest average annual growth rate (6 per cent) of all LDCs over the past five years, followed by exporters of agricultural products (4 per cent). Economies classified as “other LDCs” (Djibouti, Senegal and Tuvalu) have more mixed exports than other LDC economies; their average annual growth rate reached 3 per cent. Despite their more diversified exports, the “other LDCs” have not hedged against adverse fluctuations in the prices of international markets, and only LDCs with a strong dependence on fuel exports have recorded lower growth rates during this period (-5 per cent – see Chart 6.7). Least-developed countries Chart 6.6: Merchandise trade of LDCs, 2005-2015 0 50 100 150 200 250 300 0.0 0.2 0.4 0.6 0.8 1.0 1.2 1.4 1.6 2006 20072005 2009 2013 20142010 2011 20122008 2015 2006 20072005 2009 2013 20142010 2011 20122008 2015 0 20 40 60 80 100 120 140 2006 20072005 2009 2013 20142010 2011 20122008 2015 Source: WTO Secretariat. Source: WTO Secretariat. LDC exporters of agriculture LDC oil exporters LDC exporters of manufactures Other LDCs Exports Imports Chart 6.7: LDC exports by sub-groupings, 2005-2015 US$bnUS$bnShareinworldtrade% World Trade Statistical Review 2016 60 Source: WTO Secretariat. Chart 6.8: LDCs’ trade balance, 2010-2015 Exporters of agriculture Oil exporters Exporters of manufactures Least developed countries 20 40 60 80 -60 -40 -80 -20 0 2010 2011 2012 2013 2014 2015 -100 40 - - 2 -4 -2 20 40 20 0 -7 -7 -25 -37 -61 2015 -87 LDCs in Sub-Saharan Africa experienced the largest declines among LDC sub-categories in 2015, registering a contraction of 30 per cent (bringing their total exports to US$ 97.5 billion from US$ 139 billion in 2014). This contraction was mainly due to declines in exports of oil exporters (Angola, Chad, Equatorial Guinea and Sudan), which collectively account for about 50 per cent of total exports from the region. Angola’s share of merchandise exports from the Sub-Saharan region fell to 35 per cent in 2015 from 48 per cent in 2012. Its exports dropped by 42 per cent in 2015 (to US$ 34 billion from US$ 59 billion in 2014). In this region, oil exporters represented 48 per cent of the LDCs’ merchandise exports in 2015, while agricultural exporters and manufacturing exporters represented 15 per cent and 3 per cent respectively. In contrast, in the East Asian and Pacific region exporters of manufactured goods accounted for 82 per cent of the LDCs’ merchandise exports in 2015. Oil exporters and agricultural exporters had a share of 12 per cent and 1 per cent of exports respectively. Exports from the LDCs in the East Asian and Pacific region contracted by 4.3 per cent in 2015; net exporters of manufactured goods, such as Cambodia and Bangladesh, accounted for more than 80 per cent of total merchandise exports from the East Asian and Pacific LDCs in 2015. LDCs’ trade deficit hit a record level of US$ 87 billion in 2015, 44 per cent higher than in 2014 and 134 per cent higher than in 2013. LDC oil exporters registered a trade deficit for the first time in more than 15 years, totalling US$ 12 billion in 2015, compared with an average surplus of US$ 36 billion during the past decade. LDC manufacturing and agricultural exporters recorded a US$ 34 billion and US$ 20 billion trade deficit respectively (see Chart 6.8). Trade in commercial services Although commercial services are playing an increasingly important role in global trade, the participation of LDCs in international services trade remains negligible. This is due to several constraints, including poor infrastructure, limited skills in this sector and lack of financial resources. In the last decade, the share of LDCs in world exports of commercial services increased from 0.4 per cent US$bn Developing economies’ participation in world trade 61 in 2005 to only 0.8 per cent in 2015 while, on the import side, it rose from 1 per cent to 1.6 per cent. Nevertheless, average annual growth of LDCs’ services trade was higher than for the rest of the world. In the period 2005-15, commercial services exports grew by 14 per cent and imports by 11 per cent, more than twice the rate of other countries. Even during the 2008-09 global economic crisis, LDCs’ services exports were resilient (see Chart 6.9). Export growth was fuelled by LDCs in Asia, with Cambodia and, in more recent years, Myanmar being leading tourism destinations. Also Bangladesh has become an emerging exporter of information and communications services and it is seen as an attractive IT and business processing outsourcing location. The country has emerged especially as a hub for freelance IT services via online sites. These include freelance IT professionals offering various services, from simple data entry to application development and project management. LDCs’ exports of computer services are still at a low level, with exports concentrated in just a few economies. However, these exports have been expanding rapidly. Overall, in 2015, LDCs in Asia exported commercial services worth US$ 14.4 billion, up by 2 per cent compared with 2014. For African LDCs, the services sector benefitted in particular from Ethiopia’s expanding role as a supplier of air transportation services and from Tanzania and Uganda increasing their role as exporters of tourism. With a 29.4 per cent share in 2015, Ethiopia is the largest transport exporter of the LDCs. In recent years, Ethiopia has successfully integrated into the international air transport value Chart 6.9: LDCs’ trade in commercial services, 2005-2015 (index 2005=100) 0 50 100 150 200 250 300 350 400 2006 20072005 2009 2013 20142010 2011 20122008 2015 0 50 100 150 200 250 300 350 2006 20072005 2009 2013 20142010 2011 20122008 2015 Source: WTO-UNCTAD-ITC estimates LDCs Rest of the world Index2005=100Index2005=100 Exports Imports chain, joining the largest global airline alliance in 2011. In the period 2005- 15, Uganda’s travel exports grew by 12 per cent on average per year, while World Trade Statistical Review 2016 62 Tanzania’s travel exports grew by 10 per cent on average between 2005 and 2014. In 2015, the bulk of LDCs’ services receipts originated from LDCs in Africa whose export earnings reached US$ 21 billion (see Chart 6.10). The services sector is less diversified in LDC islands, where receipts declined by 6 per cent in 2015 to US$ 0.6 billion. Tourism is the leading services sector in LDC islands, accounting for over 70 per cent of their services exports.1 LDCs’ services exports are generally dominated by low- to middle-skilled services sectors, such as travel (tourism) and transport. Their aggregate contribution reached 73.4 per cent of total services exports in 2015 compared with 56.7 per cent for other developing economies and 37.7 per cent for developed countries. Since these sectors are labour-intensive, they reach out to a potentially large share of the population, creating good employment opportunities in LDCs. In 2015, LDCs’ travel exports increased by 6 per cent, reflecting sustained growth in its tourism sector, while transport receipts contracted by only 1 per cent, much less than in the rest of the world (see Chart 6.11). Chart 6.10: LDCs’ exports of commercial services by region, 2005-2015 (US$ billion) LDCs’ services trade remains concentrated within a few economies. In 2015, the top ten leading exporters accounted for more than two-thirds of the group’s services receipts, a proportion virtually unchanged since 2005. Myanmar is the largest exporter of services among the LDCs. For imports, Angola alone represented one-quarter of the group’s total commercial services payments. The LDCs, as a group, are net importers of commercial services. In recent years, LDCs’ services trade deficit has widened, reaching US$ 39 billion in 2015 up from US$ 16.3 billion in 2005. However, while both the transport sector and “other commercial services” sectors have experienced persistent trade deficits, travel (tourism) has recorded an expanding surplus since 2005. In 2015, the travel surplus reached US$ 11.4 billion.Source: WTO-UNCTAD-ITC estimates. 1 The breakdown of LDCs by region is coherent with UNCTAD’s definition. Chart 6.11: LDCs’ exports of commercial services by selected sector, 2015 (annual percentage change) 0 10 8 6 4 2 12 14 16 18 20 22 24 2006 20072005 2009 2013 20142010 2011 20122008 2015 Source: WTO-UNCTAD-ITC estimates. LDCs Asia LDCs Africa and Haiti LDCs islands Annualpercentagechange 4 -6 8 -2 Transport -12 -10 -8 -4 0 2 6 4 -2 -4 0 2 6 Travel Other commercial servicesTransport Other commercial service LDCs Rest of the world Developing economies’ participation in world trade 63 Chart 6.12: Aid for Trade financial commitments by developing region, 2006-2014 (million US dollars, 2014 prices) Source: OECD-DAC Aid Activity database (CRS) Aid for Trade The Aid for Trade initiative aims to help developing countries use trade as a means of achieving economic growth and alleviating poverty. The initiative supports the integration of developing countries – and particularly least-developed countries – into the multilateral trading system by mobilizing international resources to address the constraints experienced by these countries so that they can participate more effectively in global trade and benefit from this activity. One of the key aims of the initiative is to enhance the capacity of developing countries to trade and to take advantage of market access opportunities. Total Aid-for-Trade commitments in 2014 (the latest year for which data is available) totalled US$ 54.8 billion, with approximately US$ 7 billion spent on multi-country and regional programmes. Chart 6.12 shows the regional distribution of Aid-for-Trade commitments from bilateral and multilateral donors. Asia and Africa remain the main recipients of Aid for Trade. Europe Asia America Africa 0 10,000 20,000 30,000 40,000 50,000 60,000 2006 2007 2009 2013 20142010 2011 20122008 World Trade Statistical Review 2016 64 To understand the developments of trade flows over time, it is important to see them in the context of changes in the global trade policy environment. To enhance the transparency of trade policy developments, notifications from WTO members complemented by semi-annual trade policy monitoring exercises undertaken by the WTO are made available to the public. The following chapter draws on these two sources and provides some highlights of the current trends as well as an overview of the stockpile of trade policy measures in place. Trade policy developments Chapter VII Trade policy developments 65 Trends in trade policy making Other trade measures notified by WTO members Trade remedies 66 68 69 World Trade Statistical Review 2016 66 Trends in trade policy making Note: Values are rounded. Source: WTO Secretariat. Since 2009 the WTO has been monitoring trade policy trends and developments and has published regular trade monitoring reports. These reports aim to enhance the transparency of trade policy developments and to provide WTO members and observers with an up-to-date picture of overall trends in international trade policymaking as well as the implementation of trade-restrictive measures and tradeliberalizing measures. The monitoring exercise was initiated immediately after the onset of the financial crisis at the end of 2008 and has evolved considerably since then. Chart 7.1: Trade-restrictive measures, excluding trade remedies (average per month) 20 15 5 2009 2010 2011 2014 20152012 mid-Oct14 to mid-May15 mid-Oct15 to mid-May16 2013 10 00 2009 2010 2011 2014 20152012 mid-Oct14 to mid-May15 mid-Oct15 to mid-May16 2013 13 14 14 15 15 14 14 14 23 20 22 The latest monitoring report shows that between mid-October 2015 and midMay 2016, WTO members applied 154 new trade-restrictive measures.1 This corresponds to an average of 22 new measures per month and constitutes a significant increase compared with the previous interim report,2 which recorded an average of 15 measures per month. Also, it is the highest monthly average registered since 2011, when the WTO recorded a peak in the monthly average of new trade-restrictive measures (see Chart 7.1). Trade-restrictive measures include the establishment of import or export tariffs or increases in these tariffs, the introduction of import bans or quantitative restrictions, the establishment of more complex customs procedures, local content measures and the temporary or permanent introduction of import or export taxes. During the same period, WTO members introduced 132 measures aimed at facilitating trade, an average of 19 measures per month. While the latest monthly average of trade facilitating measures reflects an increase compared with the previous interim report, it is also lower than the recorded monthly average 1 For more information see WTO document WT/TPR/OV/W/10, 4 July 2016. 2 Report to the TPRB from the Director-General on Trade-Related Developments, Mid-October 2014 to mid-May 2015, WTO document WT/TPR/OV/W/9, 3 July 2015. Trade policy developments 67 Note: Values are rounded. Source: WTO Secretariat. Chart 7.2: Trade-facilitating measures, excluding trade remedies (average per month) Note: The stockpile of trade-restrictive measures also includes trade remedy actions. Source: WTO Secretariat. Chart 7.3: Stockpile of trade-restrictive measures initiated since October 2008 85.0% 75.0% 15.0% 25.0% 82 708 464 2,127 Effectively eliminated measures Stockpile of restrictive measures By mid-October 2010 By mid-May 2016 546 measures 2,835 measures 20 15 5 2009 2010 2011 2014 20152012 mid-Oct14 to mid-May15 mid-Oct15 to mid-May16 2013 10 15 10 ting measures, exclu ) remedies 0 5 0 2011 20152 to mid-May15 -Oct15 to mid-May16 2009 2010 20142012 2013 201520142013 mid-Oct14 mid 11 18 18 14 17 22 16 19 23 of trade-restrictive measures (see Chart 7.2). Examples of trade-facilitating measures include the elimination or reduction of import or export tariffs, the simplification of customs procedures, the temporary or permanent elimination of import or export taxes and the elimination of quantitative restrictions on both imports or exports. The information on trade measures highlighted in the monitoring reports is submitted by WTO members and observers or gathered from other official and public sources. In the latest report, information was submitted by 70 members (counting the European Union and its member states separately), representing 43 per cent of the WTO membership and covering approximately 90 per cent of total world imports. Two observers also replied to the request for information. The slow pace of removal of previous restrictions means that the overall stock of trade-restrictive measures is continuing to increase. During the latest review period, the overall stockpile of restrictive measures, including trade remedies, introduced by WTO members grew by 11 per cent. Of the 2,835 trade-restrictive measures recorded for WTO members since 2008, only 708, or 25 per cent, had been removed by mid-May 2016. The rate by which WTO members have been eliminating trade restrictions remains too low to make a dent in the stockpile. The total number of restrictive measures still in place today stands at 2,127 (see Chart 7.3). World Trade Statistical Review 2016 68 Other trade measures notified by WTO members Other trade measures notified by WTO members mostly concern regulations and standards, which are dealt with under the WTO’s Sanitary and Phytosanitary (SPS) Measures Agreement and the Technical Barriers to Trade (TBT) Agreement (see Table 7.1). Under these agreements, WTO members are obliged to notify in advance any intention to introduce new SPS/TBT measures or to modify existing measures and to notify immediately when emergency measures are imposed. By complying with the SPS/TBT notification obligations, WTO members are able to keep other members fully informed about new or changed regulations that may significantly affect trade. Therefore, an increased number of notifications does not automatically imply greater use of protectionist measures, but rather enhanced transparency regarding these measures. The SPS/TBT notifications received by the WTO may underestimate the actual number of implemented measures as there is no legal obligation to notify all measures. Indeed, members have no obligation to notify measures which are mostly identical to international standards, guidelines or recommendations. However, members are recommended to do so. Furthermore, WTO members have not notified all SPS/TBT measures that they are supposed to report to the WTO. Type of measure Measures notified as of 31 December 2015 Notifications Economies SPS (regular and emergency notifications) 14,807 120 TBT 20,459 128 Table 7.1: SPS/TBT measures notified by WTO members Source: SPS Information Management System, TBT Information Management System and the Integrated Trade Intelligence Portal (I-TIP), based on notifications from WTO members. Trade policy developments 69 Type of measure Final duty in force on 31 December 2015 Measures Economies Anti-dumping 1494 30 Countervailing duties 111 8 Safeguards 155 35 Trade remedies In addition to the measures indicated above, WTO members are required to inform the WTO about trade remedies – anti-dumping measures, countervailing measures and safeguards (see Table 7.2). These are measures applied by importing countries in certain circumstances and under WTO rules to imports of a particular product where those imports are causing injury to domestic producers. Anti-dumping and countervailing measures are applied to dumped or subsidized imports respectively from a particular country or countries. These measures have to be implemented in accordance with the WTO’s Anti-dumping Agreement and the Agreement on Subsidies and Countervailing Measures. Safeguard measures are applied, under the Agreement on Safeguards, on a most-favoured nation (i.e. nondiscriminatory) basis, subject to specifically defined exceptions. Table 7.2: Trade remedies notified by WTO members3 Source: : Integrated Trade Intelligence Portal (I-TIP), based on notifications from WTO members. 3 Detailed statistics by members and by products can be found in I-TIP database (http://i-tip.wto.org/goods). World Trade Statistical Review 2016 70 The data for this report come from a variety of sources. How they are compiled and presented is explained in this chapter. Composition, definitions & methodology Composition, definitions & methodology 71 Composition of geographical and economic groupings Definitions and methodology Trade policy indicators Specific notes for selected economies Statistical sources 72 76 85 86 87 World Trade Statistical Review 2016 72 Composition of geographical and economic groupings WTO members are frequently referred to as “countries”, although some members are not countries in the usual sense of the word but are officially “customs territories”. The definition of geographical and other groupings in this report does not imply an expression of opinion by the Secretariat concerning the status of any country or territory, the delimitation of its frontiers, nor the rights and obligations of any WTO member in respect of WTO agreements. The colours, boundaries, denominations, and classifications in the maps of this publication do not imply, on the part of the WTO, any judgement on the legal or other status of any territory, or any endorsement or acceptance of any boundary. Throughout this report, South and Central America and the Caribbean is referred to as South and Central America; Aruba, the Bolivarian Republic of Venezuela, Hong Kong Special Administrative Region of China, Macao Special Administrative Region of China, the Republic of Korea and the Separate Customs Territory of Taiwan, Penghu, Kinmen and Matsu are referenced as Aruba (the Netherlands with respect to), Venezuela, Bolivarian Rep. of; Hong Kong, China; Macao, China; Korea, Republic of; and Chinese Taipei respectively. Changes in statistical territories in 2010 and 2011 involving the Netherlands Antilles and Sudan are reflected in this report, as far as available statistics permit. Data for the Netherlands Antilles are no longer given beginning with 2011, and are replaced with data for the successor states Curaçao and Sint Maarten. Further, the secession of South Sudan from Sudan in July 2011 resulted in a decrease in the magnitude of the latter’s trade flows. No time series is currently disseminated for South Sudan. Data provided by Ukraine do not include the Autonomous Republic of Crimea and the city of Sevastopol starting 2014. Composition, definitions & methodology 73 Asia Afghanistan** China* Korea, Republic of* Mongolia* Papua New Guinea* Chinese Taipei* Australia* Fiji* Kiribati Myanmar* Philippines* Thailand* Bangladesh* Hong Kong, China* Lao People’s Dem. Rep.* Nepal* Samoa* Tonga* Bhutan** India* Macao, China* New Zealand* Singapore* Tuvalu Brunei Darussalam* Indonesia* Malaysia* Pakistan* Solomon Islands* Vanuatu* Cambodia* Japan* Maldives* Palau Sri Lanka* Viet Nam* Other territories in the region not elsewhere specified North America Bermuda Canada* Mexico* United States of America* Other territories in the region not elsewhere specified Africa Algeria** Chad* Ethiopia** Libya** Niger* Sudan** Angola* Comoros** Gabon* Madagascar* Nigeria* South Sudan Benin* Congo* The Gambia* Malawi* Rwanda* Swaziland* Botswana* Congo, Dem. Rep. of* Ghana* Mali* Sao Tome and Principe** Tanzania* Burkina Faso* Côte d’Ivoire* Guinea* Mauritania* Senegal* Togo* Burundi* Djibouti* Guinea-Bissau* Mauritius* Seychelles* Tunisia* Cameroon* Egypt* Kenya* Morocco* Sierra Leone* Uganda* Cabo Verde* Equatorial Guinea** Lesotho* Mozambique* Somalia Zambia* Central African Republic* Eritrea Liberia, Republic of** Namibia* South Africa* Zimbabwe* Other territories in the region not elsewhere specified Middle East Bahrain* Israel* Lebanese Republic** Saudi Arabia, Kingdom of* Yemen* Iran** Jordan* Oman* Syrian Arab Republic** Iraq** Kuwait, the State of* Qatar* United Arab Emirates* Other territories in the region not elsewhere specified Commonwealth of Independent States (CIS)a Armenia* Georgia*a Moldova* Turkmenistan Azerbaijan** Kazakhstan* Russian Federation* Ukraine* Belarus** Kyrgyz Republic* Tajikistan* Uzbekistan** Other territories in the region not elsewhere specified a Georgia is not a member of the Commonwealth of Independent States but is included in this group for reasons of geography and similarities in economic structure. * WTO members ** Observer governments Europe Albania* Cyprus* Germany* Liechtenstein* Poland* Sweden* Andorra** Czech Republic* Greece* Lithuania* Portugal* Switzerland* Austria* Denmark* Hungary* Luxembourg* Romania* Turkey* Belgium* Estonia* Iceland* Malta* Serbia** United Kingdom* Bosnia and Herzegovina** Finland* Ireland* Montenegro* Slovak Republic* Bulgaria* France* Italy* Netherlands* Slovenia* Croatia* FYR Macedonia* Latvia* Norway* Spain* Other territories in the region not elsewhere specified South and Central America and the Caribbean Antigua and Barbuda* Brazil* Dominican Republic* Honduras* Saint Lucia* Argentina* Chile* Ecuador* Jamaica* Saint Vincent and the Grenadines* Aruba (the Netherlands with respect to) Colombia* El Salvador* Nicaragua* Sint Maarten Bahamas** Costa Rica* Grenada* Panama* Suriname* Barbados* Cuba* Guatemala* Paraguay* Trinidad and Tobago* Belize* Curaçao Guyana* Peru* Uruguay* Bolivia, Plurinational State of* Dominica* Haiti* Saint Kitts and Nevis* Venezuela, Bolivaria Rep. of* Other territories in the region not elsewhere specified World Trade Statistical Review 2016 74 Andean Community (CAN) Bolivia Colombia Ecuador Peru ASEAN (Association of South East Asian Nations) / AFTA (ASEAN Free Trade Area) Brunei Darussalam Indonesia Malaysia Philippines Thailand Cambodia Lao People's Dem. Rep. Myanmar Singapore Viet Nam CACM (Central American Common market) Costa Rica El Salvador Guatemala Honduras Nicaragua CARICOM (Caribbean Community and Common Market) Antigua and Barbuda Belize Guyana Montserrat Saint Vincent and the Grenadines Bahamas Dominica Haiti Saint Kitts and Nevis Suriname Barbados Grenada Jamaica Saint Lucia Trinidad and Tobago CEMAC (Economic and Monetary Community of Central Africa) Cameroon Chad Congo Equatorial Guinea Gabon Central African Republic COMESA (Common Market for Eastern and Southern Africa) Burundi Egypt Libya Rwanda Swaziland Comoros Eritrea Madagascar Seychelles Uganda Congo, Dem. Rep. of Ethiopia Malawi South Sudan Zambia Djibouti Kenya Mauritius Sudan Zimbabwe ECCAS (Economic Community of Central African States) Angola Central African Republic Congo, Dem. Rep. of Gabon Sao Tome and Principe Burundi Chad Equatorial Guinea Rwanda Cameroon Congo ECOWAS (Economic Community of West African States) Benin Côte d'Ivoire Guinea Mali Senegal Burkina Faso The Gambia Guinea- Bissau Niger Sierra Leone Cabo Verde Ghana Liberia, Republic of Nigeria Togo EFTA (European Free Trade Association) Iceland Liechtenstein Norway Switzerland European Union (28) Austria Denmark Hungary Malta Slovenia Belgium Estonia Ireland Netherlands Spain Bulgaria Finland Italy Poland Sweden Croatia France Latvia Portugal United Kingdom Cyprus Germany Lithuania Romania Czech Republic Greece Luxembourg Slovak Republic GCC (Gulf Cooperation Council) Bahrain Oman Qatar Saudi Arabia, Kingdom of United Arab Emirates Kuwait, the State of MERCOSUR (Southern Common Market) Argentina Brazil Paraguay Uruguay Venezuela, Bolivarian Rep. of NAFTA (North American Free Trade Agreement) Canada Mexico United States SADC (Southern African Development Community) Angola Lesotho Mauritius South Africa Tanzania Botswana Madagascar Mozambique Seychelles Zambia Congo, Dem. Rep. of Malawi Namibia Swaziland Zimbabwe SAFTA (South Asia Free Trade Agreement) Afghanistan Bhutan Maldives Pakistan Bangladesh India Nepal Sri Lanka SAPTA (South Asian Preferential Trade Area) Afghanistan Bhutan Maldives Pakistan Bangladesh India Nepal Sri Lanka WAEMU (West African Economic and Monetary Union) Benin Côte d'Ivoire Mali Senegal Togo Burkina Faso Guinea- Bissau Niger Regional integration agreements Composition, definitions & methodology 75 ACP (African, Caribbean and Pacific countries) Angola Cook Islands Guyana Nauru Somalia Antigua and Barbuda Côte d’Ivoire Haiti Niger South Africa Bahamas Cuba Jamaica Nigeria South Sudan Barbados Djibouti Kenya Niue Sudan Belize Dominica Kiribati Palau Suriname Benin Dominican Republic Lesotho Papua New Guinea Swaziland Botswana Equatorial Guinea Liberia, Republic of Rwanda Tanzania Burkina Faso Eritrea Madagascar Saint Kitts and Nevis Timor Leste Burundi Ethiopia Malawi Saint Lucia Togo Cabo Verde Fiji Mali Saint Vincent and the Grenadines Tonga Cameroon Gabon Marshall Islands Samoa Trinidad and Tobago Central African Republic The Gambia Mauritania Sao Tome and Principe Tuvalu Chad Ghana Mauritius Senegal Uganda Comoros Grenada Micronesia Seychelles Vanuatu Congo Guinea Mozambique Sierra Leone Zambia Congo, Dem. Rep. of Guinea-Bissau Namibia Solomon Islands Zimbabwe Africa North Africa Algeria Egypt Libya Morocco Tunisia Sub- Saharan Africa Western Africa Benin The Gambia Guinea-Bissau Mauritania Senegal Burkina Faso Ghana Liberia, Republic of Niger Sierra Leone Cabo Verde Guinea Mali Nigeria Togo Côte d’Ivoire Central Africa Burundi Central African Republic Congo Equatorial Guinea Rwanda Cameroon Chad Dem. Rep. of the Congo Gabon Sao Tome and Principe Eastern Africa Comoros Ethiopia Mauritius South Sudan Tanzania Djibouti Kenya Seychelles Sudan Uganda Eritrea Madagascar Somalia Southern Africa Angola Lesotho Mozambique Swaziland Zambia Botswana Malawi Namibia South Africa Zimbabwe Territories in Africa not elsewhere specified Asia East Asia (including Oceania): Australia Indonesia Mongolia Samoa Tuvalu Brunei Darussalam Japan Myanmar Singapore Vanuatu Cambodia Kiribati New Zealand Solomon Islands Viet Nam China Lao People’s Dem. Rep. Papua New Guinea Chinese Taipei Fiji Macao, China Philippines Thailand Hong Kong, China Malaysia Republic of Korea Tonga West Asia: Afghanistan Bhutan Maldives Pakistan Sri Lanka Bangladesh India Nepal APEC (Asia-Pacific Economic Cooperation) Australia Hong Kong, China Malaysia Russian Federation Viet Nam Brunei Darussalam Indonesia New Zealand Singapore Canada Japan Peru Thailand Chile Korea Papua New Guinea Chinese Taipei China Mexico Philippines United States BRIC (Brazil, Russian Federation, India and China) Developed economies: North America (except Mexico) European Union (28) EFTA (Iceland, Liechtenstein, Norway, Switzerland) Australia, Japan and New Zealand Developing economies: Africa South and Central America and the Caribbean, Mexico Europe except the European Union (28) and EFTA; Middle East Asia except Australia, Japan, and New Zealand LDCs (Least-developed countries) Afghanistan Comoros Kiribati Nepal Tanzania Angola Congo, Dem. Rep. of Lao People’s Dem. Rep. Niger Timor Leste Bangladesh Djibouti Lesotho Rwanda Togo Benin Equatorial Guinea Liberia, Republic of Sao Tome and Principe Tuvalu Bhutan Eritrea Madagascar Senegal Uganda Burkina Faso Ethiopia Malawi Sierra Leone Vanuatu Burundi The Gambia Mali Solomon Islands Yemen Cambodia Guinea Mauritania Somalia Zambia Central African Republic Guinea-Bissau Mozambique South Sudan Chad Haiti Myanmar Sudan Six East Asian traders* Hong Kong, China Republic of Korea Singapore Chinese Taipei Thailand Malaysia Other groups World Trade Statistical Review 2016 76 Definitions and methodology Merchandise trade Exports and imports Two systems of recording merchandise exports and imports are in common use. They are referred to as general trade and special trade and differ mainly in the way warehoused and re-exported goods are treated. General trade figures are larger than the corresponding special trade figures because the latter exclude certain trade flows, such as goods shipped through bonded warehouses. To the extent possible, total merchandise trade is defined in this report according to the general trade definition. It covers all types of inward and outward movement of goods through a country or territory including movements through customs warehouses and free zones. Goods include all merchandise that either add to or subtract from the stock of material resources of a country or territory by entering (imports) or leaving (exports) the country’s economic territory. For further explanations, see United Nations International Trade Statistics, Concepts and Definitions, Series M, N° 52, Revision 2. Unless otherwise indicated, exports are valued at transaction value, including the cost of transportation and insurance to bring the merchandise to the frontier of the exporting country or territory (“free on board” valuation). Imports are valued at transaction value plus the cost of transportation and insurance to the frontier of the importing country or territory (“cost, insurance and freight” valuation). A. Primary products (i) Agricultural products (SITC sections 0, 1, 2 and 4 minus divisions 27 and 28) of which, - Food (SITC sections 0, 1, 4 and division 22) of which, 0 - Food and live animals 1 - Beverages and tobacco 4 - Animal and vegetable oils, fats and waxes 22 - Oil seeds and oleaginous fruits - - Fish (SITC division 03) - - Other food products and live animals ( SITC sections 0, 1, 4 and division 22 minus division 03) - Raw materials (SITC divisions 21, 23, 24, 25, 26, 29) of which, 21 - Hides, skins and furskins, raw 23 - Crude rubber (including synthetic and reclaimed) 24 - Cork and wood 25 - Pulp and waste paper 26 - Textile fibres (other than wool tops and other combed wool) and their wastes (not manufactured into yarn or fabric) 29 - Crude animal and vegetable materials, not elsewhere specified (ii) Fuels and mining products (SITC section 3 and divisions 27, 28, 68) of which, - Ores and other minerals (SITC divisions 27, 28) of which, 27 - Crude fertilizers, other than those of division 56, and crude minerals (excluding coal, petroleum and precious stones) 28 - Metalliferous ores and metal scrap - Fuels (SITC section 3) - Non-ferrous metals (SITC division 68) Table IV.2 Products Composition, definitions & methodology 77 B. Manufactures (SITC sections 5, 6, 7, 8 minus division 68 and group 891) (i) Iron and steel (SITC division 67) (ii) Chemicals (SITC section 5) of which, - Pharmaceuticals (SITC division 54) - Other chemicals (SITC divisions 51, 52, 53, 55, 56, 57, 58, 59) of which, 51 - Organic chemicals 52 - Inorganic chemicals 53 - Dyeing, tanning and colouring materials 55 - Essential oils and resinoids and perfume materials; toilet, polishing and cleaning preparations 56 - Fertilizers (other than those of Group 272, i.e Fertilizers, crude) 57 - Plastics in primary forms 58 - Plastics in non-primary forms 59 - Chemical materials and products, not elsewhere specified (iii) Other semi-manufactures (SITC divisions 61, 62, 63, 64, 66, 69) of which, 61 - Leather, leather manufactures, not elsewhere specified and dressed furskins 62 - Rubber manufactures, not elsewhere specified 63 - Cork and wood manufactures (excluding furniture) 64 - Paper, paperboard and articles of paper pulp, of paper or of paperboard 66 - Non-metallic mineral manufactures, not elsewhere specified 69 - Manufactures of metals, not elsewhere specified (iv) Machinery and transport equipment (SITC section 7) - Office and telecommunication equipment (SITC divisions 75, 76 and group 776) of which, - - Electronic data processing and office equipment (SITC division 75) - - Telecommunications equipment (SITC division 76) - - Integrated circuits, and electronic components (SITC group 776) - Transport equipment (SITC group 713, sub-group 7783 and divisions 78, 79) of which, 78 - Road vehicles (including air-cushion vehicles) 79 - Other transport equipment - - Automotive products (SITC groups 781, 782, 783, 784 and subgroups 7132, 7783) of which, 781 - Motor cars and other motor vehicles principally designed for the transport of persons (other than public-transport type vehicles), including station wagons and racing cars 782 - Motor vehicles for the transport of goods and special purpose motor vehicles 783 - Road motor vehicles, not elsewhere specified 784 - Parts and accessories of the motor vehicles and tractors 7132 - Internal combustion piston engines for propelling vehicles listed above - -Other transport equipment (SITC division 79, groups 713, 785, 786 minus sub-group 7132) of which, 79 - Other transport equipment 713 - Internal combustion piston engines, and parts thereof, not elsewhere specified 785 - Motorcycles and cycles, motorized and non-motorized 786 - Trailers and semi-trailers, other vehicles (not mechanically propelled), and specially designed and equipped transport containers - Other machinery (SITC divisions 71, 72, 73, 74, 77 minus groups 713, 776 minus sub-group 7783) of which, - - Power generating machinery (SITC division 71 minus group 713) of which, 71 - Power generating machinery and equipment minus 713 - Internal combustion piston engines, and parts thereof, not elsewhere specified - - Non-electrical machinery (SITC divisions 72, 73, 74) of which, 72 - Machinery specialized for particular industries World Trade Statistical Review 2016 78 9- Commodities and transactions not classfied elsewhere in SITC 891 - Arms and Ammunition D. Intermediate products include all parts and accessories as well as industrial primary and processed intermediate products. The “fuels and lubricants” category (BEC code 3) was excluded. BEC codes 42, 53, 111, 121, 21, 22 73 - Metal working machinery 74 - General industrial machinery and equipment, not elsewhere specified and machine parts, not elsewhere specified - - Electrical machinery (SITC division 77 minus group 776 and subgroup 7783) of which, 77 - Electrical machinery, apparatus and appliances, not elsewhere specified and electrical parts thereof minus 776 - Thermionic, cold cathode or photo-cathode valves and tubes 7783 - Electrical equipment, not elsewhere specified, for internal combustion engines and vehicles; and parts thereof (v) Textiles (SITC division 65) (vi) Clothing (SITC division 84) (vii) Other manufactures (SITC divisions 81, 82, 83, 85, 87, 88, 89 excluding group 891) of which, - Personal and household goods (SITC divisions 82, 83 and 85) of which, 82 - Furniture and parts thereof, bedding, mattresses, mattress supports, cushions and similar stuffed furnishings 83 - Travel goods, handbags and similar containers 85 - Footwear - Scientific and controlling instruments (SITC division 87) - Miscellaneous manufactures (SITC divisions 81, 88 and 89 minus group 891) of which, 81 - Prefabricated buildings, sanitary plumbing, heating and lighting fixtures and fittings, not elsewhere specified 88 - Photographic apparatus, equipment and supplies and optical goods, not elsewhere specified; watches and clocks 89 - Miscellaneous manufactured articles, not elsewhere specified C. Other products: commodities and transactions not classified elsewhere (including gold); arms and ammunition (SITC section 9 and group 891) Composition, definitions & methodology 79 Products All product groups are defined according to Revision 3 of the Standard International Trade Classification (SITC). Throughout this report, other food products and live animals; beverages and tobacco; animal and vegetable oils, fats and waxes; oilseeds and oleaginous fruit are referred to as other food products; electronic data processing and office equipment is referred to as EDP and office equipment; and integrated circuits and electronic components is referred to as integrated circuits. Agricultural products according to the AOA (WTO Agreement on Agriculture) definition refer to HS chapters 1 to 24 (excluding fish and fish products) and a number of manufactured agricultural products (for further information see “The Legal Texts, The Results of the Uruguay Round of Multilateral Negotiations”, WTO). This definition does not correspond to the definition of agricultural products presented in the breakdown of merchandise trade by main commodity group (see table II.1). Merchandise trade and the goods account in balance of payments statistics Merchandise trade statistics serve as an input for the compilation of the goods account in the balance of payments (BOP) and the rest of the world account in the System of National Accounts (SNA). The compilation of international merchandise trade statistics (IMTS) relies principally on customs records complemented, as appropriate, by additional sources to enhance their coverage (for instance, to include electricity, or trade in vessels and aircrafts). These statistics essentially reflect the physical movement of goods across borders, while National Accounts and BOP statistics record transactions that involve change in ownership. Goods for processing with or without change of ownership are recorded in merchandise statistics when they enter or leave the economic territory, irrespective of whether a change in ownership takes place. However, goods supplied to another economy for processing without a change of ownership and returned to the economy of the owner after processing are not recorded in the balance of payments statistics compiled according to BPM6; further, if the goods are sold to a third economy after processing, then the value of the goods (including the value of processing) is recorded as an export of the economy of the owner and an import of the third economy; the value of the processing is recorded as an export of services of the processing economy and an import of services of the economy of the owner. Differences between BOP (BPM6) and national accounts statistics and IMTS can be found in the International Merchandise Trade Statistics: Compilers Manual, Revision 1 (IMTS 2010), Chapter XXIV Section B «Goods to be recorded differently in IMTS and BPM6/national accounts» (p288). (http://unstats.un.org/unsd/ trade/eg-imts/imts2010- final-22march2011.pdf) Refer to Table 11.1 (p177) in the Balance of Payments and International Investment Position Compilation Guide (http://www.imf.org/external/pubs/ ft/bop/2014/pdf/BPM6_11F.pdf) Trade in commercial services between residents and nonresidents of an economy (BPM6) Depending on the location of the supplier and the consumer, the General Agreement on Trade in Services (GATS) defines four modes of supply. In addition to the cross-border supply (mode 1), where both the supplier and the consumer remain in their respective home territories, GATS also covers cases where consumers are outside their home territory to consume services (mode 2 – consumption abroad), or where service suppliers are in the territory of the consumers to provide their services, whether by establishing affiliates through direct investment abroad (mode 3 – commercial presence), or through the presence of natural persons (mode 4). An economy’s Balance of Payments, namely the services account, can be used to derive estimates covering trade in commercial services for modes 1, 2 and 4. The Balance of Payments does however not include most of the information on services supplied through foreign affiliates that is required to estimate the size of mode 3. A framework for collecting these data, the “Foreign Affiliates Statistics (FATS)” was adopted by the international statistical community for the first time in 2002, and then further developed in 2010. FATS are available in the annual publication World Trade Statistical Review and on the online tool I-TIP services. Trade in commercial services between residents and non-residents of an economy (BPM6), exports and imports Exports (credits or receipts) and imports (debits or payments) of commercial services are included in balance of World Trade Statistical Review 2016 80 payments statistics, in conformity with the concepts, definitions and classification of the sixth (2009) edition of the IMF Balance of Payments and International Investment Position Manual (BPM6) as well as the 2010 edition of the Manual on Statistics of International Trade in Services (MSITS 2010). Definition of commercial services in the Balance of Payments In the sixth edition of the Balance of Payments Manual, the current account is subdivided into goods, services (including government goods and services, n.i.e.), primary income, and secondary income. Commercial services comprise all services categories except government goods and services, n.i.e. Commercial services are sub-divided into manufacturing services on physical inputs owned by others, maintenance and repair services n.i.e., transport, travel, and other commercial services. The BPM6 contains the following 12 standard services components. (1) Manufacturing services on physical inputs owned by others (2) Maintenance and repair services, n.i.e. (3) Transport (4) Travel (5) Construction (6) Insurance and pension services (7) Financial services (8) Charges for the use of intellectual property, n.i.e. (9) Telecommunications, computer and information services (10) Other business services (11) Personal, cultural and recreational services (12) Government goods and services, n.i.e. Manufacturing services on physical inputs owned by others cover processing, assembly, labelling, packing, and similar activities undertaken by enterprises that do not own the goods concerned and are paid a fee by the owner. Only the fee charged by the processor, which may cover the cost of materials purchased, is included under this item. Examples include oil refining, liquefaction of natural gas, assembly of clothing and electronics, assembly, labelling, and packing. Maintenance and repair services n.i.e. cover maintenance and repair work – by residents – on goods that are owned by non-residents (and vice versa). The repairs may be performed at the site of the repairer or elsewhere. The value recorded for maintenance and repairs is the value of the work done – not the gross value of the goods before and after repairs. Manufacturing services on physical inputs owned by others and Maintenance and repair services n.i.e. form a new WTO aggregate named Goods-related services. Transport is the process of carriage of people and objects from one location to another as well as related supporting and auxiliary services. Transport can be classified according to: (i) mode of transport, namely, sea, air, or other (“other” may be further broken down into rail, road, internal waterway, pipeline, and space transport as well as electricity transmission); and (ii) what is carried – passengers or freight. Also included are postal and courier services. Travel credits cover goods and services – for own use or to give away – acquired by non-residents from an economy during visits to that economy. Travel debits cover goods and services – for own use or to give away – acquired from other economies by residents of the reporting economy during visits to these other economies. The most common goods and services covered are lodging, food and beverages, entertainment and transportation (within the economy visited), gifts and souvenirs. Travel is further subdivided into: (i) personal travel and (ii) business travel. The aggregate category Other commercial services corresponds to the following components defined in BPM6: Construction covers the creation, renovation, repair, or extension of fixed assets in the form of buildings, land improvements of an engineering nature, and other similar engineering constructions such as roads, bridges, dams, and so forth. It also includes related installation and assembly work, site preparation, specialized services such as painting, plumbing, and demolition, and management of construction projects. Construction also covers the acquisition of goods and services by the enterprises undertaking construction work from the economy of location of the construction work. Construction can be divided into (i) construction abroad and (ii) construction in the compiling economy. Insurance and pension services include services of providing life insurance and annuities, nonlife insurance, reinsurance, freight insurance, pensions, standardized guarantees, and auxiliary services to insurance, pension schemes, and standardized guarantee schemes. Financial services cover financial intermediary and auxiliary services, except insurance and pension fund services, provided by banks Composition, definitions & methodology 81 and other financial corporations. They include deposit taking and lending, letters of credit, credit card services, commissions and charges related to financial leasing, factoring, underwriting, and clearing of payments. Also included are financial advisory services, custody of financial assets or bullion, financial asset management, monitoring services, liquidity provision services, risk assumption services other than insurance, merger and acquisition services, credit rating services, stock exchange services, and trust services. Financial services may be charged for by: (i) explicit charges; (ii) margins on buying and selling transactions; (iii) asset management costs deducted from property income receivable in the case of asset-holding entities; or (iv) margins between interest payable and the reference rate on loans and deposits (called financial intermediation service charges indirectly measured – FISIM). Charges for the use of intellectual property n.i.e. include: (i) Charges for the use of proprietary rights (such as patents, trademarks, copyrights, industrial processes and designs including trade secrets, franchises); these rights can arise from research and development, as well as from marketing; and (ii) Charges for licenses to reproduce or distribute (or both) intellectual property embodied in produced originals or prototypes (such as copyrights on books and manuscripts, computer software, cinematographic works, and sound recordings) and related rights (such as for live performances and television, cable, or satellite broadcast). Telecommunications, computer and information services cover (i) Telecommunications services, which encompass the broadcast or transmission of sound, images, data, or other information by telephone, telex, telegram, radio and television cable transmission, radio and television satellite, electronic mail, facsimile, and so forth, including business network services, teleconferencing, and support services; (ii) Computer services consisting of hardwareand software-related services and data-processing services; (iii) Information services including news agency services, such as the provision of news, photographs, and feature articles to the media as well as database services. Other business services include (i) Research and development services, (ii) Professional and management consulting services and (iii) Technical, trade-related and other business services. (i) Research and development services consist of services that are associated with basic and applied research, and experimental development of new products and processes. (ii) Professional and management consulting services include (a) legal services, accounting, management consulting, managerial services, and public relations services; and (b) advertising, market research, and public opinion polling services. (iii) Technical, trade-related, and other business services include: (a) architectural, engineering, and other technical services; (b) waste treatment and depollution, agricultural, and mining services; (c) operating leasing services; (d) trade-related services; and (e) other business services n.i.e. Personal, cultural, and recreational services consist of (i) Audiovisual and related services and (ii) other personal, cultural, and recreational services. (i) Audiovisual and related services cover services and fees related to the production of motion pictures (on film, videotape, disk, or transmitted electronically, etc.), radio and television programs (live or on tape), and musical recordings. (ii) Other personal, cultural, and recreational services include (a) health services, (b) education services, (c) heritage and recreational services, and (d) other personal services. Health services as well as education services are provided remotely or on-site. Data on exports and imports of total services (including government goods and services n.i.e), other services (including government goods and services n.i.e) as well as government goods and services n.i.e. are available as memorandum items in the WTO online Statistics Database. Memo items: – Total services (Commercial services plus Government goods and services n.i.e) – Other services (Other commercial services plus Government goods and services n.i.e) – Government goods and services n.i.e Government goods and services n.i.e. cover: (a) goods and services supplied by and to enclaves, such as embassies, military bases, and international organizations; (b) goods and services acquired from the host economy by diplomats, consular staff, and military personnel located abroad and their dependents; (c) services supplied by and to governments and not included in other categories of services. World Trade Statistical Review 2016 82 Statistics on international trade in services are produced jointly and published simultaneously with UNCTAD and ITC. Regional and world estimates for 2015 for sub-item of other commercial services should be considered as preliminary. Coverage and comparability While many economies worldwide have fully implemented the BPM6 for the recording of their Balance of Payments services transactions, some are still compiling their statistics according to the BPM5 methodology. Consequently, comparability and coverage of data may not always be complete. It should be noted in particular that world and regional estimates of trade in new services items such as Manufacturing services on physical inputs owned by others and Maintenance and repair services n.i.e. may be underestimated, as some economies do not report these items yet. While the coverage and comparability of trade in services statistics have improved significantly over the years, the data remain subject to recognized limitations, such as i) certain countries do not collect figures for all items, ii) statistically capturing some services items remains difficult (more notably on the imports side), iii) data can be reported on a net rather than gross basis, iv) certain transactions may prove complex to classify appropriately, v) different sources, data collection and estimation methods lead to diverse results, etc. These distortions are more significant on detailed items levels and may lead to considerable asymmetries among countries’ reported trade flows by origin and destination. Foreign Affiliates Statistics The new statistical framework on Foreign Affiliates Statistics (FATS) is developed in the Manual on Statistics of International Trade in Services 2010, the OECD Benchmark Definition of Foreign Direct Investment and the OECD Handbook on Economic Globalisation Indicators. The statistical framework covers both goods and services producing enterprises. It analyses the universe of affiliates for which foreign investors own more than 50 per cent of the voting power or equity interest. Depending on the compiler’s view, one can distinguish inward FATS, that is, activities of foreign-owned affiliates in the compiling economy, or, outward FATS, that is, foreign affiliates of the compiling economy active abroad. Variables such as sales, value added, number of employees, etc. are used to describe the affiliates’ activities. These variables are broken down by country of origin or destination of investments and also by type of primary activity of the affiliates. The United States also provide a breakdown into total supply of goods and total supply of services products. In the case of services industries the concept of supply (or output) is based on measures that better capture service output (i.e. the margin). This mainly has an impact on the measurement of activities of wholesalers and retailers, insurers and financial intermediaries. From a GATS perspective, the size of mode 3 in a given country can be approximated through the value of the output (or supply) of services by foreign-owned affiliates. In the absence of data on output, sales of services are used. FATS are currently available mainly for OECD and a small number of nonOECD economies. Given the recent development of these statistics, comparability and coverage of individual economy data may not always be complete. Availability of detailed data and long-time series varies considerably between economies. Trade in global value chains The measurement of trade in value added terms traces the source of the value added, by country and industry that is contained in the products (goods and services) traded across the world. Value added is defined as the value that is added by industries to produce goods and services. In a national account sense, it reflects the compensation of labour, capital, nonfinancial assets and natural resources used in the production as well as net indirect taxes, when relevant. The value added approach reflects the interconnection of economies and sectors as well as the increasing importance of trade in intermediate inputs that takes place among international supply and production chains. It provides insights on where the value added comes from and thus on the actual contribution of trade to economies. Trade in value added indicators are estimates based on Inter-Country Input-Output (ICIO) tables. ICIO tables cover both goods and services. They regroup national Input-Output tables and international trade statistics into a consistent framework to describe sale and purchase of goods and services Composition, definitions & methodology 83 between producers and consumers from various economies and industries. They enable to disentangle domestic and foreign value added in each economy and industry. Trade in value added estimates presented in this publication are sourced from the OECD-WTO “Trade in value added” (TiVA) database and the OECD ICIO table. The latter covers 57 economies plus a “rest of the world” aggregate. Industries are regrouped into 37 sectors and cover productive activities in the primary, secondary and tertiary sectors classified according to the International Standard Industrial Classification (ISIC) Revision 4. The decomposition of gross exports into their value added components The breakdown of conventional export data (gross) into their value added components allows showing the role played by economies in global value chains. The domestic value added content of exports is composed of the following indicators: (i) The domestic value added, embodied either in final or intermediate goods/ services, directly consumed by the importing country. This represents a one-to-one country transfer of value added, with exported goods/services crossing borders only once. (ii) The domestic value added contained in intermediates exported to a first country which re-exports them to a third country as embodied in others goods/services. This indicator represents a one-to-many country transfer of value added, when exported goods/services cross borders more than once. This illustrates the level of participation of an economy within international production. (iii) The domestic value added of exported goods/services which is eventually re-imported by the country itself. Such a value added round-trip between two countries highlights the domestic value added content present in a country’s imports. The foreign value added content of exports corresponds to the value added of inputs that was imported in order to produce intermediate or final goods/services to be exported. It can also be referred to as vertical specialization, when expressed in percentage. The sectoral value added contributions to gross exports Exports from a (domestic) industry do not only contain value added produced within the same industry but also value added sourced from other industries within the economy or from other economies. The value added approach to estimate trade flows can describe both the geographical and sectoral origin of the value added contained in gross exports of any given industry. Table IV.3 presents the value added origin (columns) of gross exports (rows) according to the domestic and foreign source and by main sector. This highlights the extent of the global value chains phenomenon and outlines the interconnection and related dependency across countries and sectors for the production and trade of goods and services. Other definitions and methods Annual changes Throughout this report, average annual percentage changes are analogous to compound interest rates. In calculating the average annual rate of change between 2010 and 2015, for example, data for calendar year 2010 were taken as the starting point, and data for calendar year 2015 as the end point. Prices Commodity price movements are primarily described by indices largely based on spot market prices, and therefore exclude transactions governed by longer-term contracts. Price indices for such commodities as food, beverages, agricultural raw materials, minerals, non-ferrous metals, fertilizers and crude petroleum are obtained from IMF Primary Commodity Prices (May 2016 release). Aggregates for all primary commodities and for non-fuel primary commodities are calculated using IMF weights (Statistical appendix table A67). Beginning with the first quarter of 2011, the crude oil price is computed excluding West Texas Intermediate (WTI), which accounts for one third of the IMF’s crude oil index. The price of WTI became largely dislocated from international markets in early 2011 and is thought not to represent well prices in international oil trade. For more information, see Box Comm.1 of the World Bank’s Global Commodity Market Outlook, January 2012 (see page 65 of the complete report on http://go.worldbank.org/WI8LCZ6PT0). World Trade Statistical Review 2016 84 Export and import prices by commodity group of Germany, Japan and the United States are sourced from national statistics. Aggregates are calculated by weighting the countries’ price indices with the export and import values of the countries’ respective base year (Statistical tables A68 and A69). World merchandise trade indices The volume indices and the deflators (i.e. price indices or unit values) are taken from a range of different international and national sources. The reported deflators and volume indices may not always be available for the most recent years or may differ in product coverage from the corresponding value indices. Aggregation of the indices to obtain a world total is a two-tier process. First, export and import deflators from national and international sources are complemented with Secretariat estimates for missing data. They are then aggregated to obtain regional totals. The volume index for each region is obtained by dividing the respective trade value index for each region by the corresponding regional deflator. Second, the total world merchandise volume index is obtained by deflating the world trade value with the aggregate of regional deflators. Throughout the aggregation process trade values of the previous year are used as weights. World gross domestic product World GDP growth is estimated as a weighted average of individual economies’ real GDP growth. The weights used are shares of the economies’ previous year GDP at 2005 constant prices converted to dollars at market exchange rates. The use of official exchange rates which are not market-based for some major economies, together with the fluctuations of the United States dollar vis-à-vis major currencies, can have a significant impact on the weighting pattern. The increasing use of weights based on purchasing power parities (PPP) by other international organizations is meant to attenuate “anomalies” linked to these factors. In a period of widely diverging growth rates among countries and regions, the choice of the weighting pattern can have a marked influence on the global growth estimate. For the 2000- 2011 period, global growth estimates based on PPP-weights indicate a significantly faster growth than estimates using weights based on GDP data measured at market exchange rates. This is because of differences in the two weighting patterns. Re-exports and re-imports Under the system of general trade adopted in this report, re-exports are included in total merchandise trade. However, in the case of Hong Kong, China, the magnitude of its re-exports (amounting in 2015 to $498 billion), if included in regional or world aggregates, would adversely affect the analytical value of the statistics by introducing a significant element of double counting. Therefore, Hong Kong, China’s re-exports are excluded from the world and from Asia aggregates (unless otherwise indicated); only Hong Kong, China’s domestic exports and retained imports are included in the totals. Composition, definitions & methodology 85 Indicators tracking the changes in the application of trade policy measures can be broken down into three broad categories: (1) Customs related measures: Information on customs duties (bound, applied and preferential) can be found on the WTO website and also in a summary form in the World Tariff Profiles. Information on the changes in customs duties can be derived from the above sources but these changes are also covered by the Trade Monitoring reports (TM). (2) Trade remedies: Binding tariffs and applying them equally to all trading partners (most-favourednation treatment) are key to the smooth flow of trade in goods. The WTO agreements uphold the principles, but they also allow derogations in some circumstances. Those “trade remedies” cover antidumping, countervailing duties and safeguards; the relevant information can be found in the I-TIP database and also in the TM database. (3) Technical measures / regulations: By far a persistent growth in notifications happened in the area of regulations and standards which fall under the SPS and TBT agreements. Keeping up to date with these measures is crucial for all trading partners. Notifications in this area are not easily comparable as to the trade impact of the respective measures announced and the number of notifications may overestimate the actual implementation of the measures. For each of these three categories, the secretariat compiles indicators showing the measures that were introduced or modified in the year and, when applicable, the stock of these measures. WTO Members have established two main ways of obtaining the relevant information on trade policy measures, one being the system of notifications and the other one being the trade policy reviews’ reports and, related to it, the trade monitoring reports. Through notifications, WTO members and observers provide the Secretariat with recent relevant information on trade and trade-related measures. In the trade monitoring context, the Secretariat in addition to information received by WTO members and observers, collects trade and traderelated measures from other relevant sources and subsequently submit it to the relevant member for verification.. The preparation of the trade monitoring reports is an on-going activity and a unique process relying on continuous dialogue and exchange with WTO delegations as well as divisions within the WTO Secretariat. The WTO-wide trade monitoring reports are subsequently discussed at meetings of the WTO’s Trade Policy Review Body. The verification process is a unique feature of the WTO’s monitoring efforts and represents a quality control mechanism, allowing members to check the accuracy of the information before it is made public. Information contained in Members’ notifications is now in large parts included in a consolidated database platform, the Integrated Trade Intelligence Portal (I-TIP, weblink). For information on the Trade policy monitoring reports see: (Trade Monitoring database, http://tmdb. wto.org/), WTO Docs online (https:// docs.wto.org/dol2feStaff/Pages/ FE_Search/FE_S_S001.aspx). Trade policy indicators World Trade Statistical Review 2016 86 Specific notes for selected economies Merchandise trade statistics of the European Union Beginning with the 2002 report, EU data compiled according to national statistical practices have been replaced, starting 1993, with data compiled by Eurostat in accordance with EU legislation. The concepts and definitions adopted by the EU are in line with the United Nations’ International Trade Statistics, Concepts and Definitions, Series M, N° 52, Revision 2. As a result, the conceptual differences between EU member states’ data have been substantially reduced. Moreover, for the EU as a whole, Eurostat data are more timely than the previous source, thus reducing substantially the amount of estimation included in the EU aggregate. Since January 1993, statistics on the trade between the member states of the EU have been collected through the “Intrastat” system (see GATT 1994, International Trade Trends and Statistics). The coverage of this system, which relies on reports submitted by firms for transactions above a minimum value, is not as wide as the previous one, which was based on customs declarations. This is particularly noticeable on the import side. For example, prior to the adoption of the Intrastat system, reported intra-EU imports (c.i.f.) closely matched reported intra-EU exports (f.o.b.). However, from 1993 onwards, the reported value of intra-EU imports has been on average around 3 per cent lower than the value of intra-EU exports, indicating a substantial under-reporting of intra-EU imports. As a result of this inconsistency, the Secretariat has substituted intra-EU exports data for intra-EU imports at the aggregate EU level when estimating regional and world totals. However, this adjustment is not allocated between EU member countries. Hence, the sum of reported imports of individual EU members does not add to the figure for EU imports as a whole. This adjustment is also reflected in the volume estimates for the EU as a whole. Major breaks in data continuity of merchandise trade Beginning 2003, Singapore includes merchandise trade with Indonesia. Beginning 2008, Indonesia’s imports are reported according to the general trade system. With respect to the Russian Federation, considerable uncertainty remains about the accuracy of foreign trade statistics, especially as regards imports. A large proportion of the reported data on imports consists of official estimates of inflows of goods which enter the economy without being registered by the customs authorities. Such adjustments to import data accounted for 6 per cent of the officially reported totals in 2012; 8 per cent of the officially reported totals in 2013. As of 2012, data on merchandise trade values for Switzerland includes trade in gold. Merchandise trade flows between the European Union member States include trade associated with fraudulent VAT declaration, which concerns mainly office and telecommunications equipment. Between 2006 and 2007, intra-EU merchandise trade statistics have been particularly affected by a considerable reduction in this fraudulent trade in the United Kingdom. Composition, definitions & methodology 87 Statistical sources Most frequently used sources for statistics are: EUROSTAT, Comext and on-line databases FAO, FAOSTAT Agriculture database FAO, Production Yearbook GTIS, Global Trade Atlas database IMF, Balance of Payments Statistics IMF, International Financial Statistics IMF, World Economic Outlook database OECD, Main Economic Indicators OECD, Measuring Globalisation: The Role of Multinationals in OECD Economies OECD, Monthly Statistics of International Trade OECD, National Accounts OECD, Statistics on International Trade in Services OECD/IEA, Energy Prices & Taxes UNECE, Economic Survey of Europe UNECLAC, Overview of the Economies of Latin America and the Caribbean UNIDO, National Accounts Statistics Database UNSD, Comtrade database (for OECD members the UNSD-OECD Joint Trade Data Collection and Processing system) UNSD, International Trade Statistics Yearbook UNSD, Monthly Bulletin of Statistics UNSD, Servicetrade database World Bank, World Development Indicators These sources are supplemented by national publications and other international databases and Secretariat estimates. Figures for total merchandise trade are largely derived from IMF, International Financial Statistics. Data on merchandise trade by origin, destination and product are mainly obtained from Eurostat’s Comext database, the Global Trade Atlas and UNSD’s Comtrade database. Some inconsistencies in the aggregate export and import data for the same country or territory between sources are inevitable. These can be attributed to the use of different systems of recording trade, to the way in which for example IMF and UNSD have converted data expressed in national currencies into dollars, and revisions which can be more readily incorporated in the IMF data. Statistics on trade in commercial services are mainly drawn from the IMF Balance of Payments Statistics or from the Trade in Services by Partner Country dataset of the OECD. Data for European Union members, as well as the EU(28) aggregate are drawn from Eurostat’s on-line database. For other economies that do not report to the IMF (e.g., Chinese Taipei) data are drawn from national sources. Estimations for missing data are mainly based on national statistics. GDP series in current dollars are mainly derived from the IMF World Economic Outlook database. Acknowledgements are due to the Food and Agriculture Organization, the International Monetary Fund, the Organisation for Economic Co-operation and Development, the Statistical Office of the European Communities, the United Nations Economic Commission for Europe, the United Nations Economic Commission for Latin America and the Caribbean, the United Nations Statistics Division, the United Nations Industrial Development Organization, the World Intellectual Property Organization and the World Bank whose assistance in supplying advance information has greatly facilitated the work of the Secretariat. Acknowledgements are also due to national institutions for providing advance statistics. Closing date for merchandise trade statistics (Customs basis) is 11 March 2016 and commercial services (Balance of Payments basis) is 30 April 2016. For foreign affiliates trade in services statistics the closing date is 10 May 2016. Heading 01 Heading 02 Heading 03 Body copy Source: IMF Primary Commodity Prices. Chart-heading chart-body copy Food and beverages Agricutural raw materials Metals Fuel (energy) Box Out-heading “Sim nosam, sumquam resedi rerum sime comnia volutat iuriti nimperunt doles dio tet aliquide cone iundantem consequi omni officia des nulluptat.” Standfirst The following statistical tables show long-term trends, more detailled breakdowns of commodity products and country origins and destinations. Table A1 Growth in the volume of world merchandise exports and production, 2010-2015 Table A2 Growth in the volume of world merchandise trade by selected region and economy, 2010-2015 Table A3 World merchandise trade and trade in commercial services by region and selected economy, 2010-2015 Table A4 World merchandise exports by region and selected economy, 1948, 1953, 1963, 1973, 1983, 1993, 2003 and 2015 Table A5 World merchandise imports by region and selected economy, 1948, 1953, 1963, 1973, 1983, 1993, 2003 and 2015 Table A6 Leading exporters and importers in world merchandise trade, 2015 Table A7 Leading exporters and importers in world merchandise trade (excluding intra-EU (28) trade), 2015 Table A8 Leading exporters and importers in world trade in commercial services, 2015 Table A9 Leading exporters and importers in world trade in commercial services (excluding intra-EU (28) trade), 2015 Table A10 Trade in commercial services of selected economies by origin and destination, 2014 Table A11 Ratio of exports of goods and commercial services to GDP of the least-developed countries, 2015 Table A12 Merchandise exports and imports of least-developed countries, 2015 Table A13 Exports of commercial services of the least-developed countries by category, 2015 Table A14 Top 10 exporters and importers of agricultural products, 2015 Table A15 Top 10 exporters and importers of fuels and mining products of regions by destination, 2015 Table A16 Top 10 exporters and importers of manufactures, 2015 Table A17 Top 10 exporters and importers of iron and steel, 2015 Table A18 Top 10 exporters and importers of chemicals, 2015 Table A19 Top 10 exporters and importers of pharmaceuticals, 2015 Table A20 Top 10 exporters and importers of office and telecom equipment, 2015 Table A21 Top 10 exporters and importers of automotive products, 2015 Table A22 Top 10 exporters and importers of textiles, 2015 Table A23 Top 10 exporters and importers of clothing, 2015 Table A24 World trade in commercial services by category, 2015 Table A25 Growth of commercial services exports by category and by region, 2005-2015 Table A26 World trade in transportation services by region, 2015 Table A27 Leading exporters and importers of transportation services, 2015 90 91 92 93 94 95 96 97 98 101 102 103 104 105 106 107 108 109 110 111 Chapter IX Statistical tables Opener-Heading General trends and drivers of world trade in 2015 Overview Merchandise trade in volume terms Trade in commercial services World trade and output in early 2016 11 22 33 44 55 Opener-Body copy Table A28 Major exporters and importers of manufacturing services on physical inputs owned by others, 2014 and 2015 Table A29 Major exporters and importers of maintenance and repair services, 2015 Table A30 World trade in transport services by region, 2015 Table A31 Leading exporters and importers of transport services, 2015 Table A32 World trade in travel by region, 2015 Table A33 Leading exporters and importers of travel, 2015 Table A34 World trade in other commercial services by region, 2015 Table A35 Leading exporters and importers of other commercial services, 2015 Table A36 World exports of construction by region, 2014 and 2015 Table A37 Major exporters and importers of construction, 2014 and 2015 Table A38 World exports of insurance and pension services by region, 2014 and 2015 Table A39 Major exporters and importers of insurance and pension services, 2015 and 2015 Table A40 World exports of financial services by region, 2014 and 2015 Table A41 Major exporters and importers of financial services, 2014 and 2015 Table A42 World receipts of charges for the use of intellectual property n.i.e. by region, 2014 and 2015 Table A43 Major exporters and importers of charges for the use of intellectual property n.i.e. by region, 2014 and 2015 Table A44 World exports of telecommunications, computer and information services by region, 2014 and 2015 Table A45 Major exporters and importers of telecommunications, computer and information services, 2014 and 2015 Table A46 Major exporters and importers of telecommunications services, 2014 and 2015 Table A47 Major exporters and importers of computer services, 2014 and 2015 Table A48 World exports of other business services by region, 2014 and 2015 Table A49 Major exporters and importers of other business services, 2014 and 2015 Table A50 Trade in other business services by category in selected economies, major economies, 2014 Table A51 World exports of personal, cultural and recreational services by region, 2014 and 2015 Table A52 Major exporters and importers of personal, cultural and recreational services, 2014 and 2015 Table A53 Major exporters and importers of audio-visual and related services, 2014 and 2015 Table A54 Leading exporters and importers of intermediate goods, 2015 Table A55 World merchandise exports, production and gross domestic product, 1950-2015 Table A56 Merchandise trade of selected regional trade agreements, 2005-2015 Table A57 Trade in commercial services by selected groups of economies, 2006-2015 Table A58 World merchandise exports by region and selected economy, 2005-2015 Table A59 World merchandise imports by region and selected economy, 2005-2015 Table A60 World exports of commercial services by region and selected economy, 2006-2015 Table A61 World imports of commercial services by region and selected economy, 2006-2015 Table A62 Sales by affiliates of foreign companies - resident affiliates primarily engaged in services activities (inward FATS), 2011-2013 Table A63 Sales by foreign affiliates of resident companies - affiliates located abroad primarily engaged in services activities (outward FATS), 2011-2013 Table A64 Services supplied by United States affiliates established abroad (outward FATS) and by foreign affiliates in the United States (inward FATS) by economy of affiliate, 2013 Table A65 World merchandise exports of intermediate goods by region and selected economy, 2004-2014 Table A66 World merchandise imports of intermediate goods by region and selected economy, 2004-2014 Table A67 Export prices of primary commodities, 2005-2016 Table A68 Export prices of Germany, Japan and the United States by commodity group, 2005-2015 Table A69 Import prices of Germany, Japan and the United States by commodity group, 2005-2015 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 132 133 134 138 142 146 150 151 152 153 157 161 162 163 World Trade Statistical Review 2016 90 A1. Growth in the volume of world merchandise exports and production, 2010-2015 (Annual percentage change) A2. Growth in the volume of world merchandise trade by selected region and economy, 2010-2015 (Annual percentage change) Agricultural products … 2.9 2.4 … Fuels and mining products … 0.6 1.0 … Manufactures … 2.7 3.9 … : See the Metadata for the estimation of world aggregates of merchandise exports, production and GDP. 3.7 4.1 0.8 North America 4.0 4.7 6.5 4.3 5.6 4.4 Canada 2.5 2.8 0.7 5.6 6.6 4.0 Mexico 7.4 6.9 13.3 3.2 3.1 -0.9 United States 3.7 4.7 6.5 1.6 -1.8 1.3 South and Central America 1.5 -2.2 -5.8 2.7 2.0 3.7 Europe 1.7 3.2 4.3 2.8 1.9 4.0 European Union (28) 1.6 3.5 4.5 -0.3 1.9 3.4 Norway 2.0 0.8 3.4 1.6 1.2 -1.3 Switzerland -0.2 -1.2 -0.1 0.7 0.2 -0.6 Commonwealth of Independent States (CIS) -2.8 -9.6 -21.9 -1.1 -2.1 0.1 Africa 5.6 4.2 1.3 4.7 0.7 8.6 Middle East 4.0 2.3 -1.9 4.4 4.8 3.1 Asia 4.0 3.3 1.8 3.7 6.0 3.3 Australia 3.0 1.5 4.5 6.8 6.8 4.6 China 4.3 4.0 -4.2 4.4 3.5 -2.1 India 1.7 4.2 -8.9 0.0 1.5 2.2 Japan 2.5 1.5 2.7 3.2 3.8 0.9 Six East Asian traders a 2.9 2.9 1.2 a Hong Kong, China; Malaysia; Republic of Korea; Singapore; Separate Customs Territory of Taiwan, Penghu, Kinmen and Matsu (Chinese Taipei) and Thailand. Statistical Tables 91 A3.World merchandise trade and trade in commercial services by region and selected economy, 2010-2015 (Annual percentage change) Merchandise 3 3 -8 North America 3 3 -5 3 3 -7 United States 3 4 -4 1 4 -14 Canada 2 1 -9 -2 -6 -21 South and Central America 1 -4 -16 -1 -7 -15 Brazil -1 -5 -25 -2 -1 -16 Chile 1 -9 -13 1 0 -12 Europe 0 1 -13 1 1 -12 European Union (28) 0 2 -13 … -13 -7 Switzerland … -14 -9 -3 -6 -32 Commonwealth of Independent States (CIS) -4 -11 -32 -3 -5 -32 Russian Federation -5 -10 -37 -5 -6 -42 Kazakhstan -1 -15 -27 -6 -8 -30 Africa 3 2 -14 -2 -5 -10 South Africa 2 -3 -14 -10 -8 -49 Nigeria a 2 7 -20 -2 -4 -35 Middle East 4 2 -10 4 -1 -29 United Arab Emirates a 7 5 -8 -4 -9 -41 Saudi Arabia, Kingdom of a 10 3 -1 3 3 -8 Asia 2 0 -15 8 6 -3 China 4 0 -14 -4 -3 -9 Japan -1 -3 -20 Commercial services 4 3 -1 North America 4 2 1 5 4 0 United States a 4 3 3 0 -4 -10 Canada a 0 -4 -11 4 2 -5 South and Central America 4 1 -12 2 7 -16 Brazil 4 6 -20 1 -6 1 Argentina 4 -9 7 3 7 -10 Europe 3 7 -9 3 7 -10 European Union (28) a 3 7 -9 3 4 -7 Switzerland 6 6 -6 2 -9 -16 Commonwealth of Independent States (CIS) 4 -4 -23 1 -6 -21 Russian Federation a 3 -5 -27 -7 -33 -17 Ukraine -4 -25 -16 1 4 -3 Africa 2 6 -10 -5 13 -10 Egypt a 5 13 -1 -1 0 -11 South Africa -5 -6 -9 6 6 5 Middle East 6 10 -3 19 13 15 United Arab Emirates 10 4 3 6 6 15 Saudi Arabia, Kingdom of 2 21 -10 … … -3 Asia 8 12 -2 … … 2 China 21 37 3 4 20 0 Japan a 1 13 -9 a Secretariat estimates. World Trade Statistical Review 2016 92 A4.World merchandise exports by region and selected economy, 1948, 1953, 1963, 1973, 1983, 1993, 2003 and 2015 (Billion dollars and percentage) 1948 1953 1963 1973 1983 1993 2003 2015 Value World 59 84 157 579 1838 3688 7380 15985 Share World 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 North America 28.1 24.8 19.9 17.3 16.8 17.9 15.8 14.4 United States 21.6 14.6 14.3 12.2 11.2 12.6 9.8 9.4 Canada 5.5 5.2 4.3 4.6 4.2 3.9 3.7 2.6 Mexico 0.9 0.7 0.6 0.4 1.4 1.4 2.2 2.4 South and Central America 11.3 9.7 6.4 4.3 4.5 3.0 3.0 3.4 Brazil 2.0 1.8 0.9 1.1 1.2 1.0 1.0 1.2 Chile 0.6 0.5 0.3 0.2 0.2 0.2 0.3 0.4 Europe 35.1 39.4 47.8 50.9 43.5 45.3 45.9 37.3 Germany a 1.4 5.3 9.3 11.7 9.2 10.3 10.2 8.3 Netherlands 2.0 3.0 3.6 4.7 3.5 3.8 4.0 3.5 France 3.4 4.8 5.2 6.3 5.2 6.0 5.3 3.2 United Kingdom 11.3 9.0 7.8 5.1 5.0 4.9 4.1 2.9 Commonwealth of Independent States (CIS) b - - - - - 1.7 2.6 3.1 Africa 7.3 6.5 5.7 4.8 4.5 2.5 2.4 2.4 South Africa c 2.0 1.6 1.5 1.0 1.0 0.7 0.5 0.5 Middle East 2.0 2.7 3.2 4.1 6.7 3.5 4.1 5.3 Asia 14.0 13.4 12.5 14.9 19.1 26.0 26.1 34.2 China 0.9 1.2 1.3 1.0 1.2 2.5 5.9 14.2 Japan 0.4 1.5 3.5 6.4 8.0 9.8 6.4 3.9 India 2.2 1.3 1.0 0.5 0.5 0.6 0.8 1.7 Australia and New Zealand 3.7 3.2 2.4 2.1 1.4 1.4 1.2 1.4 Six East Asian traders 3.4 3.0 2.5 3.6 5.8 9.6 9.6 9.9 Memorandum item: EU d - - 24.5 37.0 31.3 37.3 42.4 33.7 USSR, Former 2.2 3.5 4.6 3.7 5.0 - - GATT/WTO Members e 63.4 69.6 75.0 84.1 77.0 89.0 94.3 98.3 Between 1973 and 1983 and between 1993 and 2003 export shares were significantly influenced by oil price developments. b Figures are significantly affected by including the mutual trade flows of the Baltic States and the CIS between 1993 and 2003. c Beginning with 1998, figures refer to South Africa only and no longer to the Southern African Customs Union. e Membership as of the year stated. a Figures refer to the Fed. Rep. of Germany from 1948 through 1983. d Figures refer to the EEC(6) in 1963, EC(9) in 1973, EC(10) in 1983, EU(12) in 1993, EU(25) in 2003 and EU(28) in 2015. Statistical Tables 93 A5.World merchandise imports by region and selected economy, 1948, 1953, 1963, 1973, 1983, 1993, 2003 and 2015 (Billion dollars and percentage) 1948 1953 1963 1973 1983 1993 2003 2015 Value World 62 85 164 594 1883 3805 7696 16299 Share World 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 North America 18.5 20.5 16.1 17.2 18.5 21.3 22.4 19.3 United States 13.0 13.9 11.4 12.4 14.3 15.9 16.9 14.2 Canada 4.4 5.5 3.9 4.2 3.4 3.7 3.2 2.7 Mexico 1.0 0.9 0.8 0.6 0.7 1.8 2.3 2.5 South and Central America 10.4 8.3 6.0 4.4 3.9 3.3 2.5 3.8 Brazil 1.8 1.6 0.9 1.2 0.9 0.7 0.7 1.1 Chile 0.4 0.4 0.4 0.2 0.2 0.3 0.3 0.4 Europe 45.3 43.7 52.0 53.3 44.1 44.5 45.0 36.2 Germany a 2.2 4.5 8.0 9.2 8.1 9.0 7.9 6.4 United Kingdom 13.4 11.0 8.5 6.5 5.3 5.5 5.2 3.8 France 5.5 4.9 5.3 6.4 5.6 5.7 5.2 3.5 Netherlands 3.4 3.3 4.4 4.8 3.3 3.3 3.4 3.1 Commonwealth of Independent States (CIS) b - - - - - 1.5 1.7 2.1 Africa 8.1 7.0 5.2 3.9 4.6 2.6 2.2 3.4 South Africa c 2.5 1.5 1.1 0.9 0.8 0.5 0.5 0.6 Middle East 1.7 2.2 2.3 2.7 6.2 3.3 2.8 4.3 Asia 13.9 15.1 14.1 14.9 18.5 23.5 23.5 30.8 China 0.6 1.6 0.9 0.9 1.1 2.7 5.4 10.3 Japan 1.1 2.8 4.1 6.5 6.7 6.4 5.0 4.0 India 2.3 1.4 1.5 0.5 0.7 0.6 0.9 2.4 Australia and New Zealand 2.9 2.3 2.2 1.6 1.4 1.5 1.4 1.5 Six East Asian traders 3.5 3.7 3.2 3.9 6.1 10.2 8.6 9.1 Memorandum item: EU d - - 25.5 37.1 31.4 36.2 41.3 32.6 USSR, Former 1.9 3.3 4.3 3.6 4.3 - - GATT/WTO Members e 58.6 66.9 75.3 85.5 79.7 89.3 96.0 97.9 Between 1973 and 1983 and between 1993 and 2003 export shares were significantly influenced by oil price developments. b Figures are significantly affected by including the mutual trade flows of the Baltic States and the CIS between 1993 and 2003. c Beginning with 1998, figures refer to South Africa only and no longer to the Southern African Customs Union. e Membership as of the year stated. a Figures refer to the Fed. Rep. of Germany from 1948 through 1983. d Figures refer to the EEC(6) in 1963, EC(9) in 1973, EC(10) in 1983, EU(12) in 1993, EU(25) in 2003 and EU(28) in 2015. World Trade Statistical Review 2016 94 A6. Leading exporters and importers in world merchandise trade, 2015 (Billion dollars and percentage) Rank Exporters Value Share Annual percentage change Rank Importers Value Share Annual percentage change 1 China 2275 13.8 -3 1 United States 2308 13.8 -4 2 United States 1505 9.1 -7 2 China 1682 10.1 -14 3 Germany 1329 8.1 -11 3 Germany 1050 6.3 -13 4 Japan 625 3.8 -9 4 Japan 648 3.9 -20 5 Netherlands 567 3.4 -16 5 United Kingdom 626 3.7 -9 6 Korea, Republic of 527 3.2 -8 6 France 573 3.4 -15 7 Hong Kong, China 511 3.1 -3 7 Hong Kong, China 559 3.3 -7 domestic exports 13 0.1 -16 retained imports 134 0.8 -11 re-exports 498 3.0 -2 8 France 506 3.1 -13 8 Netherlands 506 3.0 -14 9 United Kingdom 460 2.8 -9 9 Korea, Republic of 436 2.6 -17 10 Italy 459 2.8 -13 10 Canada a 436 2.6 -9 11 Canada 408 2.5 -14 11 Italy 409 2.4 -14 12 Belgium 398 2.4 -16 12 Mexico 405 2.4 -2 13 Mexico 381 2.3 -4 13 India 392 2.3 -15 14 Singapore 351 2.1 -14 14 Belgium 375 2.2 -17 domestic exports 174 1.1 -20 re-exports 177 1.1 -9 15 Russian Federation 340 2.1 -32 15 Spain 309 1.8 -14 16 Switzerland 290 1.8 -7 16 Singapore 297 1.8 -19 retained imports 120 0.7 -30 17 Chinese Taipei 285 1.7 -11 17 Switzerland 252 1.5 -9 18 Spain 282 1.7 -13 18 Chinese Taipei 238 1.4 -16 19 India 267 1.6 -17 19 United Arab Emirates b 230 1.4 -8 20 United Arab Emirates b 265 1.6 -29 20 Australia 208 1.2 -12 21 Thailand 214 1.3 -6 21 Turkey 207 1.2 -14 22 Saudi Arabia, Kingdom of b 202 1.2 -41 22 Thailand 203 1.2 -11 23 Malaysia 200 1.2 -15 23 Russian Federation a 194 1.2 -37 24 Poland 198 1.2 -10 24 Poland 193 1.2 -14 25 Brazil 191 1.2 -15 25 Brazil 179 1.1 -25 26 Australia 188 1.1 -22 26 Malaysia 176 1.1 -16 27 Viet Nam 162 1.0 8 27 Saudi Arabia, Kingdom of b 172 1.0 -1 28 Czech Republic 158 1.0 -10 28 Viet Nam 166 1.0 12 29 Austria 152 0.9 -15 29 Austria 155 0.9 -15 30 Indonesia 150 0.9 -15 30 Indonesia 143 0.9 -20 31 Turkey 144 0.9 -9 31 Czech Republic 140 0.8 -9 32 Sweden 140 0.8 -15 32 Sweden 138 0.8 -15 33 Ireland 120 0.7 1 33 South Africa b 105 0.6 -14 34 Norway 105 0.6 -27 34 Hungary 93 0.6 -12 35 Hungary 99 0.6 -11 35 Denmark 86 0.5 -14 36 Denmark 95 0.6 -14 36 Norway 76 0.5 -15 37 South Africa 82 0.5 -10 37 Slovak Republic 74 0.4 -10 38 Qatar 77 0.5 -39 38 Ireland 71 0.4 -2 39 Slovak Republic 76 0.5 -13 39 Philippines b 70 0.4 3 40 Israel b 64 0.4 -7 40 Romania 70 0.4 -10 41 Chile 63 0.4 -16 41 Portugal 67 0.4 -15 42 Iran b 63 0.4 -29 42 Egypt b 65 0.4 -9 43 Romania 61 0.4 -13 43 Israel b 65 0.4 -14 44 Finland 59 0.4 -20 44 Chile 63 0.4 -13 45 Philippines 59 0.4 -6 45 Finland 60 0.4 -22 46 Argentina 57 0.3 -17 46 Argentina 60 0.4 -8 47 Portugal 55 0.3 -14 47 Colombia 54 0.3 -16 48 Kuwait, the State of 55 0.3 -47 48 Iraq b 52 0.3 -12 49 Iraq b 49 0.3 -42 49 Algeria 52 0.3 -12 50 Nigeria b 48 0.3 -49 50 Nigeria b 48 0.3 -20 Total of above c 15420 93.6 - Total of above c 15235 91.1 World c 16482 100.0 -13 World c 16725 100.0 -12 a Imports are valued f.o.b. b Secretariat estimates. c Includes significant re-exports or imports for re-export. : For annual data 2005-2015, see Appendix A6 and A7 Statistical Tables 95 A7. Leading exporters and importers in world merchandise trade (excluding intra-EU (28) trade), 2015 (Billion dollars and percentage) Rank Exporters Value Share Annual percentage change Rank Importers Value Share Annual percentage change 1 China 2275 17.4 -3 1 United States 2308 17.3 -4 2 Extra-EU(28) exports 1985 15.2 -12 2 Extra-EU(28) imports 1914 14.4 -15 3 United States 1505 11.5 -7 3 China 1682 12.6 -14 4 Japan 625 4.8 -9 4 Japan 648 4.9 -20 5 Korea, Republic of 527 4.0 -8 5 Hong Kong, China 559 4.2 -7 retained imports 134 1.0 -11 6 Hong Kong, China 511 3.9 -3 6 Korea, Republic of 436 3.3 -17 domestic exports 13 0.1 -16 re-exports 498 3.8 -2 7 Canada 408 3.1 -14 7 Canada a 436 3.3 -9 8 Mexico 381 2.9 -4 8 Mexico 405 3.0 -2 9 Singapore 351 2.7 -14 9 India 392 2.9 -15 domestic exports 174 1.3 -20 re-exports 177 1.4 -9 10 Russian Federation 340 2.6 -32 10 Singapore 297 2.2 -19 retained imports 120 0.9 -30 11 Switzerland 290 2.2 -7 11 Switzerland 252 1.9 -9 12 Chinese Taipei 285 2.2 -11 12 Chinese Taipei 238 1.8 -16 13 India 267 2.0 -17 13 United Arab Emirates b 230 1.7 -8 14 United Arab Emirates b 265 2.0 -29 14 Australia 208 1.6 -12 15 Thailand 214 1.6 -6 15 Turkey 207 1.6 -14 16 Saudi Arabia, Kingdom of b 202 1.5 -41 16 Thailand 203 1.5 -11 17 Malaysia 200 1.5 -15 17 Russian Federation a 194 1.5 -37 18 Brazil 191 1.5 -15 18 Brazil 179 1.3 -25 19 Australia 188 1.4 -22 19 Malaysia 176 1.3 -16 20 Viet Nam 162 1.2 8 20 Saudi Arabia, Kingdom of b 172 1.3 -1 21 Indonesia 150 1.1 -15 21 Viet Nam 166 1.2 12 22 Turkey 144 1.1 -9 22 Indonesia 143 1.1 -20 23 Norway 105 0.8 -27 23 South Africa b 105 0.8 -14 24 South Africa 82 0.6 -10 24 Norway 76 0.6 -15 25 Qatar 77 0.6 -39 25 Philippines b 70 0.5 3 26 Israel b 64 0.5 -7 26 Egypt b 65 0.5 -9 27 Chile 63 0.5 -16 27 Israel b 65 0.5 -14 28 Iran b 63 0.5 -29 28 Chile 63 0.5 -13 29 Philippines 59 0.4 -6 29 Argentina 60 0.4 -8 30 Argentina 57 0.4 -17 30 Colombia 54 0.4 -16 31 Kuwait, the State of b 55 0.4 -47 31 Iraq b 52 0.4 -12 32 Iraq b 49 0.4 -42 32 Algeria 52 0.4 -12 33 Nigeria b 48 0.4 -49 33 Nigeria b 48 0.4 -20 34 Kazakhstan 46 0.3 -42 34 Pakistan 44 0.3 -7 35 Oman b 39 0.3 -26 35 Iran b 43 0.3 -17 36 Ukraine 38 0.3 -30 36 Bangladesh b 39 0.3 -7 37 Algeria 38 0.3 -40 37 Peru 38 0.3 -11 38 Venezuela, Bolivarian Rep. of b 37 0.3 -51 38 Morocco 38 0.3 -18 39 Colombia 36 0.3 -35 39 Qatar b 37 0.3 7 40 New Zealand 34 0.3 -17 40 New Zealand 37 0.3 -14 41 Peru 34 0.3 -14 41 Ukraine 36 0.3 -33 42 Angola b 34 0.3 -42 42 Venezuela, Bolivarian Rep. of b 33 0.2 -24 43 Bangladesh 32 0.2 6 43 Kuwait, the State of b 32 0.2 0 44 Belarus 27 0.2 -26 44 Belarus 30 0.2 -25 45 Pakistan 22 0.2 -10 45 Kazakhstan 30 0.2 -27 46 Morocco 22 0.2 -8 46 Angola b 22 0.2 -24 47 Egypt b 19 0.1 -28 47 Ecuador 22 0.2 -22 48 Ecuador 18 0.1 -29 48 Jordan 20 0.2 -11 49 Azerbaijan b 15 0.1 -49 49 Tunisia 20 0.2 -19 50 Tunisia 14 0.1 -16 50 Ethiopia b 19 0.1 0 Total of above c 12694 97.0 - Total of above c 12694 95.3 World (excl. intra-EU (28) c 13080 100.0 -13 World (excl. intra-EU (28)) c 13323 100.0 -12 a Imports are valued f.o.b. b Secretariat estimates. c Includes significant re-exports or imports for re-export. : For annual data 2005-2015, see Appendix A6 and A7 World Trade Statistical Review 2016 96 A8. Leading exporters and importers in world trade in commercial services, 2015 (Billion dollars and percentage) Rank Exporters Value Share Annual percentage change Rank Importers Value Share Annual percentage change 1 United States 690 14.5 0 1 United States 469 10.2 3 2 United Kingdom 345 7.3 -5 2 China 466 10.1 3 3 China 285 6.0 2 3 Germany 289 6.3 -12 4 Germany 247 5.2 -9 4 France 228 4.9 -9 5 France 240 5.0 -13 5 United Kingdom 208 4.5 -1 6 Netherlands 178 3.7 -9 6 Japan 174 3.8 -9 7 Japan 158 3.3 0 7 Netherlands 157 3.4 -9 8 India 155 3.3 0 8 Ireland 152 3.3 4 9 Singapore 139 2.9 -7 9 Singapore 143 3.1 -8 10 Ireland 128 2.7 -5 10 India 122 2.7 -4 11 Spain 117 2.5 -11 11 Korea, Republic of 112 2.4 -2 12 Belgium 109 2.3 -10 12 Belgium 106 2.3 -10 13 Switzerland 108 2.3 -7 13 Italy 99 2.2 -13 14 Hong Kong, China 104 2.2 -2 14 Canada 95 2.1 -11 15 Italy 99 2.1 -14 15 Switzerland 92 2.0 -6 16 Korea, Republic of 97 2.0 -13 16 Russian Federation 87 1.9 -27 17 Luxembourg 95 2.0 -4 17 Hong Kong, China 74 1.6 0 18 Canada 76 1.6 -10 18 Luxembourg 72 1.6 -7 19 Sweden 71 1.5 -6 19 Brazil 69 1.5 -20 20 Denmark 61 1.3 -16 20 United Arab Emirates 66 1.4 3 21 Thailand 60 1.3 10 21 Spain 65 1.4 -5 22 Austria 58 1.2 -13 22 Sweden 60 1.3 -10 23 Chinese Taipei 56 1.2 0 23 Saudi Arabia, Kingdom of 57 1.2 -10 24 Russian Federation 51 1.1 -21 24 Australia 54 1.2 -14 25 Australia 48 1.0 -9 25 Denmark 54 1.2 -14 26 Turkey 46 1.0 -10 26 Thailand 50 1.1 -5 27 Poland 43 0.9 -10 27 Chinese Taipei 47 1.0 4 28 Norway 40 0.8 -18 28 Norway 46 1.0 -18 29 Macao, China 40 0.8 -25 29 Austria 46 1.0 -14 30 Malaysia 35 0.7 -17 30 Malaysia 40 0.9 -12 31 Israel 34 0.7 -3 31 Poland 32 0.7 -11 32 Brazil 33 0.7 -16 32 Indonesia 30 0.7 -9 33 Greece 31 0.6 -25 33 Mexico 29 0.6 -3 34 Philippines 28 0.6 10 34 Qatar 28 0.6 -5 35 Portugal 28 0.6 -11 35 Finland 26 0.6 -16 36 United Arab Emirates 26 0.6 15 36 Philippines 24 0.5 15 37 Finland 24 0.5 -13 37 Kuwait, the State of 23 0.5 3 38 Czech Republic 23 0.5 -9 38 Israel 22 0.5 0 39 Mexico 23 0.5 7 39 Turkey 21 0.5 -10 40 Hungary 21 0.5 -12 40 Czech Republic 20 0.4 -12 Total of above 4255 89.5 - Total of above 4055 87.9 World 4755 100.0 -6 World 4610 100.0 -6 : Figures for a number of countries and territories have been estimated by the Secretariat. Annual percentage changes and rankings are affected by continuity breaks in the series for a large number of economies, and by limitations in cross-country comparability. See the Metadata. For more annual data, see Tables A60 and A61. Statistical Tables 97 A9. Leading exporters and importers in world trade in commercial services (excluding intra-EU (28) trade), 2015 (Billion dollars and percentage) Rank Exporters Value Share Annual percentage change Rank Importers Value Share Annual percentage change 1 Extra-EU (28) exports 915 24.9 -9 1 Extra-EU (28) imports 732 20.2 -7 2 United States 690 18.8 0 2 United States 469 12.9 3 3 China 285 7.8 2 3 China 466 12.9 3 4 Japan 158 4.3 0 4 Japan 174 4.8 -9 5 India 155 4.2 0 5 Singapore 143 3.9 -8 6 Singapore 139 3.8 -7 6 India 122 3.4 -4 7 Switzerland 108 2.9 -7 7 Korea, Republic of 112 3.1 -2 8 Hong Kong, China 104 2.8 -2 8 Canada 95 2.6 -11 9 Korea, Republic of 97 2.6 -13 9 Switzerland 92 2.5 -6 10 Canada 76 2.1 -10 10 Russian Federation 87 2.4 -27 11 Thailand 60 1.6 10 11 Hong Kong, China 74 2.0 0 12 Chinese Taipei 56 1.5 0 12 Brazil 69 1.9 -20 13 Russian Federation 51 1.4 -21 13 United Arab Emirates 66 1.8 3 14 Australia 48 1.3 -9 14 Saudi Arabia, Kingdom of 57 1.6 -10 15 Turkey 46 1.3 -10 15 Australia 54 1.5 -14 16 Norway 40 1.1 -18 16 Thailand 50 1.4 -5 17 Macao, China 40 1.1 -25 17 Chinese Taipei 47 1.3 4 18 Malaysia 35 0.9 -17 18 Norway 46 1.3 -18 19 Israel 34 0.9 -3 19 Malaysia 40 1.1 -12 20 Brazil 33 0.9 -16 20 Indonesia 30 0.8 -9 21 Philippines 28 0.8 10 21 Mexico 29 0.8 -3 22 United Arab Emirates 26 0.7 15 22 Qatar 28 0.8 -5 23 Mexico 23 0.6 7 23 Philippines 24 0.7 15 24 Indonesia 21 0.6 -7 24 Kuwait, the State of 23 0.6 3 25 Egypt 18 0.5 -10 25 Israel 22 0.6 0 26 South Africa 15 0.4 -11 26 Turkey 21 0.6 -10 27 Lebanese Republic a 14 0.4 ... 27 Nigeria 19 0.5 -16 28 New Zealand 14 0.4 0 28 Angola 19 0.5 -22 29 Qatar 14 0.4 10 29 Argentina 17 0.5 7 30 Saudi Arabia, Kingdom of 14 0.4 15 30 Egypt 17 0.5 -1 31 Morocco 14 0.4 -10 31 Viet Nam 15 0.4 7 32 Argentina 14 0.4 1 32 South Africa 15 0.4 -9 33 Ukraine 12 0.3 -17 33 Venezuela, Bolivarian Rep. of 14 0.4 -14 34 Panama 11 0.3 4 34 Iran 14 0.4 -13 35 Viet Nam 11 0.3 2 35 Chile 13 0.4 -9 36 Cuba 11 0.3 -17 36 Lebanese Republic a 13 0.4 ... 37 Chile 10 0.3 -11 37 Iraq 12 0.3 -16 38 Iran 10 0.3 3 38 New Zealand 12 0.3 -11 39 Costa Rica 8 0.2 11 39 Kazakhstan 11 0.3 -9 40 Dominican Republic 7 0.2 8 40 Colombia 11 0.3 -17 Total of above 3465 94.5 - Total of above 3375 93.1 World (excl. intra-EU (28)) 3670 100.0 -5 World (excl. intra-EU (28)) 3630 100.0 -5 : Figures for a number of countries and territories have been estimated by the Secretariat. Annual percentage changes and rankings are affected by continuity breaks in the series for a large number of economies, and by limitations in cross-country comparability. See the Metadata. For more annual data, see Tables A60 and A61. a Secretariat estimate. World Trade Statistical Review 2016 98 A10. Trade in commercial services of selected economies by origin and destination, 2014 (Million dollars and percentage) Value Share Value Share 2014 2014 2010-14 2013 2014 2014 2014 2010-14 2013 2014 European Union (28) World 2216048 100.0 7 8 7 World 1877800 100.0 6 8 7 European Union (28) 1210691 54.6 6 7 7 European Union (28) 1087582 57.9 5 7 5 United States 259521 11.7 9 9 8 United States 249867 13.3 8 7 15 Switzerland 145333 6.6 9 8 11 Switzerland 84274 4.5 8 10 18 China 38336 1.7 11 13 6 China 30186 1.6 8 11 9 Russian Federation 38044 1.7 7 9 -6 Turkey 20721 1.1 2 8 2 Above 5 1691927 76.3 - - - Above 5 1472630 78.4 - - Norway 36656 1.7 7 13 5 Singapore 20695 1.1 12 21 11 Japan 33939 1.5 8 5 5 Norway 20529 1.1 9 15 12 Singapore 27028 1.2 14 28 19 Japan 20062 1.1 2 0 1 Australia 24643 1.1 6 5 -3 Russian Federation 16307 0.9 1 7 -12 Canada 21744 1.0 3 5 -7 India 15869 0.8 1 1 -5 Brazil 19799 0.9 1 -1 1 Canada 14925 0.8 3 3 -2 India 16196 0.7 3 1 7 Hong Kong, China 14279 0.8 5 13 2 Turkey 14438 0.7 7 14 4 Australia 10299 0.5 1 -2 -4 Hong Kong, China 14121 0.6 6 4 9 Brazil 9871 0.5 6 1 18 Mexico 10465 0.5 7 5 2 Thailand 7619 0.4 4 10 -4 Above 15 1910955 86.2 - - - Above 15 1623085 86.4 - - United States World 690127 100.0 6 5 4 World 453265 100.0 5 3 3 European Union (28) 217877 31.6 ... ... 7 European Union (28) 159675 35.2 ... ... 4 Canada 61069 8.8 4 1 -2 Canada 29781 6.6 3 -1 -2 Japan 46081 6.7 2 0 0 Japan 28275 6.2 6 12 3 China 42062 6.1 17 13 14 Bermuda 24754 5.5 -6 -3 -8 Mexico 29618 4.3 5 6 1 Switzerland 21676 4.8 2 3 -3 Above 5 396707 57.5 - - - Above 5 264161 58.3 - - Switzerland 28835 4.2 7 0 5 India 20743 4.6 9 3 7 Brazil 28026 4.1 11 7 6 Mexico 19368 4.3 9 12 13 Korea, Republic of 20429 3.0 8 15 -1 China 14311 3.2 8 8 2 Australia 19047 2.8 6 3 -1 Brazil 8383 1.8 13 2 11 India 14766 2.1 10 10 11 Korea, Republic of 7972 1.8 4 2 -4 Chinese Taipei 12256 1.8 7 1 8 Hong Kong, China 7571 1.7 4 2 6 Singapore 11686 1.7 4 -14 3 Chinese Taipei 7297 1.6 7 1 4 Bermuda 10781 1.6 -1 10 1 Australia 6578 1.5 7 0 -1 Hong Kong, China 9998 1.4 15 39 11 Singapore 5808 1.3 8 0 8 Saudi Arabia, Kingdom of 7820 1.1 11 10 2 Israel 5543 1.2 5 -3 11 Above 15 560351 81.2 - - - Above 15 367735 81.1 - - Singapore a, b World 150449 100.0 11 10 7 World 155248 100.0 11 13 6 European Union (28) 20631 13.7 8 15 3 United States 26086 16.8 10 1 17 United States 17165 11.4 10 10 3 European Union (28) 24736 15.9 10 25 -5 Australia 10301 6.8 12 0 10 China 8123 5.2 20 14 25 Japan 8970 6.0 16 14 20 Hong Kong, China 5985 3.9 17 20 47 China 8575 5.7 11 22 16 Japan 5487 3.5 7 6 2 Above 5 65642 43.6 - - - Above 5 70416 45.4 - - Switzerland 4664 3.1 27 13 21 Switzerland 4643 3.0 25 39 -2 Hong Kong, China 4476 3.0 6 -1 10 Australia 4302 2.8 17 12 -2 Malaysia 3982 2.6 10 5 7 Chinese Taipei 2892 1.9 14 15 31 Indonesia 3810 2.5 11 8 5 India 2882 1.9 8 16 5 India 3435 2.3 3 12 -14 Korea, Republic of 2566 1.7 17 6 23 Thailand 2940 2.0 11 3 5 Malaysia 2203 1.4 9 6 0 Korea, Republic of 2772 1.8 10 4 21 Thailand 1696 1.1 14 9 35 Chinese Taipei 2079 1.4 2 5 17 Indonesia 1624 1.0 5 4 3 Norway 1670 1.1 7 22 1 United Arab Emirates 1438 0.9 15 30 -5 Viet Nam 1532 1.0 21 14 10 Norway 1125 0.7 11 20 19 Above 15 97001 64.5 - - - Above 15 95788 61.7 - - Annual percentage change Annual percentage change Exports Imports Statistical Tables 99 A10. Trade in commercial services of selected economies by origin and destination, 2014 (continued) (Million dollars and percentage) Value Share Value Share 2014 2014 2010-14 2013 2014 2014 2014 2010-14 2013 2014 Japan World 158626 100.0 5 -1 20 World 190185 100.0 4 -8 13 United States 38955 24.6 ... ... ... United States 57096 30.0 ... ... ... European Union (28) 26620 16.8 ... ... ... European Union (28) 35428 18.6 ... ... ... China 16367 10.3 ... ... ... Singapore 12834 6.7 ... ... ... Singapore 9895 6.2 ... ... ... China 11824 6.2 ... ... ... Chinese Taipei 8634 5.4 ... ... ... Korea, Republic of 8534 4.5 ... ... ... Above 5 100470 63.3 - - - Above 5 125715 66.1 - - Thailand 7663 4.8 ... ... ... Hong Kong, China 6274 3.3 ... ... ... Korea, Republic of 7142 4.5 ... ... ... Chinese Taipei 6113 3.2 ... ... ... Hong Kong, China 6112 3.9 ... ... ... Thailand 3605 1.9 ... ... ... Malaysia 4210 2.7 ... ... ... Switzerland 3518 1.8 ... ... ... Indonesia 3263 2.1 ... ... ... Australia 2924 1.5 ... ... ... Australia 2907 1.8 ... ... ... Indonesia 2573 1.4 ... ... ... Switzerland 2539 1.6 ... ... ... United Arab Emirates 2199 1.2 ... ... ... India 2082 1.3 ... ... ... Canada 2114 1.1 ... ... ... Viet Nam 1845 1.2 ... ... ... Malaysia 1938 1.0 ... ... ... Canada 1751 1.1 ... ... ... Philippines 1938 1.0 ... ... ... Above 15 139985 88.2 - - - Above 15 158911 83.6 - - Hong Kong, China c World 106566 100.0 7 6 2 World 73797 100.0 1 -2 -2 China 41479 38.9 15 18 1 China 27912 37.8 -4 -7 -8 United States 15452 14.5 1 1 4 European Union (28) 10276 13.9 ... ... -1 European Union (28) 15379 14.4 ... ... 5 United States 8140 11.0 2 0 1 Japan 4672 4.4 -1 -8 0 Japan 5506 7.5 7 1 9 Chinese Taipei 4220 4.0 1 -1 0 Singapore 3636 4.9 4 -1 6 Above 5 81203 76.2 - - - Above 5 55470 75.2 - - Singapore 3515 3.3 9 10 14 Chinese Taipei 3190 4.3 9 5 3 Australia 2647 2.5 2 -7 -2 Australia 2813 3.8 2 1 0 Korea, Republic of 2336 2.2 3 0 -11 Korea, Republic of 1612 2.2 16 1 26 Malaysia 1345 1.3 2 2 2 Canada 1576 2.1 4 -5 5 Canada 1215 1.1 0 3 -5 Thailand 1202 1.6 8 11 -13 Thailand 1169 1.1 12 13 15 Malaysia 1160 1.6 11 14 4 India 1127 1.1 2 0 10 Macao, China 1131 1.5 9 2 -3 Philippines 1097 1.0 10 5 8 India 829 1.1 1 -2 -1 Switzerland 1072 1.0 6 -11 -3 United Arab Emirates 487 0.7 5 9 8 Macao, China 1057 1.0 13 9 -2 Philippines 448 0.6 2 11 4 Above 15 97782 91.8 - - - Above 15 69918 94.7 - - Russian Federation d World 64818 100.0 7 12 -6 World 118909 100.0 13 18 -5 European Union (28) 27208 42.0 11 17 -3 European Union (28) 56223 47.3 15 21 -1 United States 3678 5.7 -1 4 -14 Turkey 9721 8.2 19 47 -17 Switzerland 3443 5.3 0 6 -27 United States 6608 5.6 14 8 0 Turkey 2961 4.6 15 63 -22 Egypt 3596 3.0 5 -6 40 Ukraine 2513 3.9 4 1 5 Switzerland 3202 2.7 10 18 -11 Above 5 39803 61.4 - - - Above 5 79350 66.7 - - Kazakhstan 2066 3.2 5 14 -7 Thailand 2516 2.1 26 31 -15 China 1498 2.3 8 6 -7 Belarus 2223 1.9 18 22 8 Belarus 1484 2.3 23 73 1 China 2054 1.7 10 -4 0 British Virgin Islands 1177 1.8 -1 22 -7 Ukraine 1930 1.6 -14 3 -57 Uzbekistan 1042 1.6 2 4 -21 United Arab Emirates 1644 1.4 17 23 -25 India 644 1.0 -8 8 -31 Panama 1497 1.3 9 35 -7 United Arab Emirates 625 1.0 20 20 -8 Israel 1226 1.0 18 24 5 Panama 610 0.9 6 -16 34 Norway 916 0.8 24 23 2 Korea, Republic of 604 0.9 1 5 1 Kazakhstan 909 0.8 4 -5 -7 Tajikistan 586 0.9 -2 -5 -3 Korea, Republic of 907 0.8 7 26 1 Above 15 50138 77.4 - - - Above 15 95171 80.0 - - Annual percentage change Annual percentage change Exports Imports World Trade Statistical Review 2016 100 A10. Trade in commercial services of selected economies by origin and destination, 2014 (continued) (Million dollars and percentage) Value Share Value Share 2014 2014 2010-14 2013 2014 2014 2014 2010-14 2013 2014 Korea, Republic of World 110961 100.0 8 0 8 World 114741 100.0 4 1 5 China 22190 20.0 14 24 21 United States 28511 24.8 2 -3 -1 United States 17036 15.4 7 3 -1 European Union (28) 21258 18.5 4 1 10 European Union (28) 11375 10.3 7 -2 19 China 14366 12.5 4 -4 10 Japan 10059 9.1 -1 -23 1 Japan 8726 7.6 -3 6 -11 Above 4 60660 54.7 - - - Above 4 72860 63.5 - - - Australia World 53368 100.0 4 -1 1 World 62409 100.0 5 2 -7 European Union (27) 8791 16.5 4 -2 -2 European Union (27) 14377 23.0 5 -1 -3 China 7345 13.8 8 4 9 United States 11770 18.9 8 5 -4 United States 5729 10.7 6 6 -1 Singapore 4846 7.8 11 9 -4 New Zealand 3607 6.8 6 -1 0 New Zealand 3031 4.9 4 2 -1 Singapore 3098 5.8 8 3 -5 Japan 2439 3.9 4 0 4 Above 5 28570 53.5 - - - Above 5 36463 58.4 - - India 2239 4.2 -6 -12 21 Hong Kong, China 2246 3.6 6 11 -2 Japan 1824 3.4 -3 -16 -5 Indonesia 2227 3.6 8 2 -4 Hong Kong, China 1794 3.4 6 0 -1 China 1907 3.1 5 -3 -1 Malaysia 1631 3.1 4 -3 1 Thailand 1734 2.8 -1 -8 -27 Korea, Republic of 1449 2.7 -5 -13 -10 India 1239 2.0 19 35 -9 Indonesia 1147 2.1 4 2 -2 Malaysia 1213 1.9 4 4 -11 Viet Nam 1046 2.0 7 2 8 Switzerland 1188 1.9 -5 7 -6 Switzerland 940 1.8 5 23 9 Fiji 931 1.5 5 1 -2 Thailand 837 1.6 0 -5 8 Canada 915 1.5 2 -5 -9 Canada 782 1.5 3 -10 1 Viet Nam 744 1.2 5 4 -9 Above 15 42257 79.2 - - - Above 15 50808 81.4 - - Canada e World 86560 100.0 3 1 -4 World 107720 100.0 2 1 -4 United States 47609 55.0 3 0 -5 United States 60728 56.4 2 1 -6 European Union (28) 14101 16.3 ... ... -2 European Union (28) 19031 17.7 ... ... -1 China 2118 2.4 10 4 -4 Hong Kong, China 3339 3.1 3 0 0 Switzerland 2041 2.4 11 31 -4 Mexico 2310 2.1 3 1 -2 Hong Kong, China 1600 1.8 7 11 -6 China 2005 1.9 4 -3 0 Above 5 67470 77.9 - - - Above 5 87413 81.1 - - Australia 1437 1.7 6 -3 -2 Japan 1766 1.6 4 -2 0 Japan 1376 1.6 4 -4 5 Singapore 1652 1.5 2 -1 -1 Bermuda 1235 1.4 -9 -11 -7 Barbados 1257 1.2 5 11 -17 Mexico 933 1.1 6 -3 -3 Switzerland 1113 1.0 -14 3 -8 Singapore 862 1.0 9 9 -5 India 979 0.9 15 20 0 Korea, Republic of 776 0.9 1 2 -3 Bermuda 975 0.9 -4 -14 -7 India 749 0.9 15 22 -4 Australia 876 0.8 6 -5 -4 Brazil 558 0.6 7 2 -6 Chinese Taipei 564 0.5 2 -3 0 Chinese Taipei 493 0.6 10 9 -4 Russian Federation 555 0.5 9 -7 0 Barbados 460 0.5 -6 -29 -4 Saudi Arabia, Kingdom of 354 0.3 7 2 1 Above 15 76348 88.2 - - - Above 15 97503 90.5 - - b In 2013, ASEAN countries accounted for 10 per cent of total commercial services exports and 5 per cent of imports. c Financial intermediation services indirectly measured (FISIM) are not allocated geographically. In 2014, they represented 4 per cent of exports, and 1 per cent of imports. d In 2014, trade in commercial services not allocated geographically accounted for 11 per cent of exports and 13 per cent of imports. e Refers to total services. In 2014, government goods and services n.i.e. accounted for 2 per cent of exports and 1 per cent of imports of total services. Annual percentage change Annual percentage change Exports Imports a The following transactions are not allocated geographically: travel exports and imports; financial services exports related to foreign exchange trading; imports of freight transportation services and, insurance on goods imports. Overall, they represent 17 per cent of commercial services exports, and 18 per cent of imports. Statistical Tables 101 A11. Ratio of exports of goods and commercial services to GDP of the least-developed countries, 2015 (Million dollars and percentage) LDCs 928200 28.2 21.1 25.0 17.2 3.1 3.9 Afghanistan 19204 16.0 7.1 2.5 2.9 13.4 4.2 Angola 102979 62.4 37.6 61.3 35.9 1.0 1.7 Bangladesh 205715 16.8 15.9 15.7 15.1 1.0 0.8 Benin 8471 23.3 18.4 5.0 Bhutan 2214 41.1 31.7 36.4 26.2 4.7 5.5 Burkina Faso 11009 20.3 17.4 2.9 Burundi 2881 5.3 5.0 0.4 Cambodia 18155 52.1 67.7 35.1 46.9 17.1 20.8 Central African Republic 1605 9.5 ... 7.8 5.5 1.7 ... Chad 10894 37.6 ... 35.0 ... 2.6 ... Comoros 589 14.3 4.1 10.2 Congo, Dem. Rep. of 38873 42.5 41.1 1.4 Djibouti 1727 21.3 ... 7.7 ... 13.5 ... Equatorial Guinea 9403 105.3 105.0 0.3 Eritrea 4666 ... ... ... ... ... ... Ethiopia 61629 14.7 9.4 8.3 4.7 6.4 4.6 Guinea 6696 32.3 ... 31.0 ... 1.3 ... Guinea-Bissau 1057 19.9 14.9 5.0 Haiti 8618 14.6 19.8 8.5 11.9 6.1 7.9 Kiribati 162 11.9 4.4 7.5 Lao People's Dem. Rep. 12503 32.7 27.5 25.5 21.2 7.1 6.3 Lesotho 2032 40.9 39.0 1.9 Liberia, Republic of 2035 21.7 24.5 18.7 13.6 3.1 10.9 Madagascar 9737 24.4 34.6 13.4 23.2 11.0 11.4 Malawi 6416 17.5 23.5 16.4 21.9 1.1 1.5 Mali 13066 22.5 19.2 3.3 Mauritania 4752 50.4 47.9 2.4 Mozambique 14965 24.7 28.0 22.3 23.5 2.3 4.5 Myanmar 66983 15.5 14.8 0.7 Nepal 21356 9.3 9.5 5.6 4.1 3.6 5.3 Niger 7151 22.2 20.1 2.1 Rwanda 8267 9.8 12.9 5.2 8.6 4.5 4.3 Sao Tome and Principe 318 11.5 23.8 5.2 2.7 6.2 21.1 Senegal 13665 23.9 16.7 7.2 Sierra Leone 4167 16.2 14.0 2.2 Solomon Islands 1147 46.6 44.9 33.3 36.6 13.3 8.3 Somalia ... ... ... ... ... ... ... South Sudan 2627 ... ... ... ... ... ... Sudan 83612 17.7 5.5 17.4 3.8 0.3 1.7 Tanzania 44904 20.3 21.5 13.9 13.3 6.4 8.2 The Gambia 893 28.4 ... 14.7 ... 13.7 ... Timor-Leste 2620 1.4 0.7 0.8 Togo 4165 39.8 42.4 30.7 31.8 9.1 10.6 Tuvalu 33 41.3 ... 31.3 49.8 10.0 ... Uganda 24740 15.8 18.9 10.7 11.1 5.1 7.9 Vanuatu 765 45.6 7.0 38.7 Yemen 36852 29.5 24.7 4.8 Zambia 21889 39.7 50.6 36.9 46.7 2.8 3.9 Memorandum item: Most 2015 data are preliminary Secretariat estimates. Figures in italics refer to 2014. Trade in goods is derived from balance of payments statistics and does not correspond to the merchandise trade statistics given elsewhere in this report. See the Metadata. World Trade Statistical Review 2016 102 A12. Merchandise exports and imports of least-developed countries, 2015 (Million dollars and percentage) Value Value 2015 2010-15 2013 2014 2015 2015 2010-15 2013 2014 2015 LDCs 154378 -1 4 -3 -25 241754 7 9 6 -9 Oil Exporters a Angola 34151 -8 -4 -13 -42 21703 5 11 9 -24 Equatorial Guinea 6700 -8 -5 -14 -47 4200 -4 -16 -3 -25 Myanmar 5950 -7 27 -2 -46 15920 27 31 35 -2 Sudan 2985 -24 18 -7 -33 8585 -3 7 -7 -7 Chad 2900 -4 -19 0 -26 2200 -2 7 3 -29 Yemen 1000 -34 0 -6 -87 12900 7 0 -3 0 Bhutan 585 -2 2 -25 43 1170 7 -8 2 26 South Sudan … … … … … … … … … … Exporters of manufactures b Bangladesh 32379 11 16 4 6 39460 7 9 14 -7 Cambodia 11960 18 18 17 10 14400 16 13 5 7 Madagascar 2258 14 27 14 3 3173 4 5 -1 -2 Haiti 990 11 9 7 4 3400 2 7 10 -9 Lesotho 775 -2 -13 -2 -6 1954 -3 -16 -1 -9 Nepal 720 -3 -4 1 -19 6380 4 8 15 -16 Exporters of agriculture Ethiopia 3825 10 41 10 -14 19063 17 25 27 0 Uganda 2245 7 2 -6 -1 5780 4 -4 4 -5 Burkina Faso 2132 6 8 4 -13 2647 5 22 -18 -16 Benin 2032 10 37 29 -21 3028 8 29 27 -21 Malawi 1375 5 2 11 2 2932 6 21 -2 6 Togo 1227 5 16 -13 -7 2127 5 16 -9 -16 Rwanda 659 17 19 3 -9 2570 12 0 11 0 Afghanistan 470 4 20 11 -18 5571 2 -4 -11 -28 Somalia … … … … … … … … … … Solomon Islands 402 12 -10 2 -12 418 1 7 -2 -18 Liberia, Republic of 260 3 22 5 -56 2237 26 14 83 7 Guinea-Bissau 259 15 17 9 56 229 3 1 17 7 Burundi 111 2 -32 45 -16 755 8 8 -5 -2 The Gambia 108 10 -11 -2 4 410 8 -8 11 6 Central African Republic 90 -8 -43 -18 -6 348 3 -34 79 -9 Vanuatu 62 5 -30 63 -1 388 6 6 0 24 Comoros … … 5 14 … 232 0 4 -2 -17 Sao Tome and Principe 15 7 6 34 -12 150 6 16 12 -12 Timor-Leste 15 -2 -48 -14 8 850 28 27 2 -1 Kiribati 9 18 15 -25 80 100 6 -11 -2 5 Exporters of non-fuel minerals Zambia 6961 -1 13 -9 -28 8451 10 15 -6 -11 Congo, Dem. Rep. of 5800 2 -2 11 -16 6200 7 3 5 -6 Tanzania 4924 4 -11 2 -2 10285 5 7 -1 -14 Mozambique 4195 7 4 17 -11 8293 13 16 -13 -5 Mali 2532 5 -10 19 -9 3167 -2 8 5 -21 Lao People's Dem. Rep. 2340 6 0 18 -12 3860 13 1 39 -10 Guinea 2071 7 -12 18 3 1971 7 -1 1 -12 Mauritania 1502 -6 0 -27 -22 2053 1 -3 -13 -22 Niger 1050 -2 10 -9 -28 1990 -4 6 8 -9 Sierra Leone 727 16 71 -19 -53 1477 14 11 -12 -6 Eritrea 500 107 -30 97 -25 1053 10 6 10 -7 Others Senegal 2532 3 5 6 -10 5675 3 3 -2 -13 Djibouti 132 9 1 8 2 890 19 27 12 11 Tuvalu 0 0 0 0 0 11 -7 -53 -14 -8 Memorandum item: World c 16482216 1 2 0 -13 16724956 2 2 0 -12 c Includes significant re-exports or imports for re-export. Note : Data for 2015 are largely estimated. Exports Annual percentage change Annual percentage change Imports a Bhutan is included for its exports of electric current. b Includes exporters of gold (normally classified in n.e.s. according to the UN Standard International Trade Classification) and diamonds (normally included in manufactures according to the UN classification). Statistical Tables 103 A13. Exports of commercial services of the least-developed countries by category, 2015 (Million dollars and percentage) Least developed countries 36000 0.5 3.7 19.5 20.8 50.2 52.6 29.8 22.8 Afghanistan 799 ... 0.0 10.1 4.5 4.2 13.2 85.7 82.3 Angola 1751 ... ... 5.0 83.9 11.1 Bangladesh 1684 3.0 14.2 6.6 76.2 Benin 0.0 ... 29.1 42.9 28.0 Bhutan 122 ... ... 35.3 21.4 60.0 75.7 4.6 2.8 Burkina Faso 0.2 16.5 27.3 56.1 Burundi ... ... 10.2 24.2 65.6 Cambodia 3775 ... ... 13.8 11.8 79.2 82.9 7.0 5.2 Central African Republic ... ... ... ... ... ... ... ... ... Chad ... ... ... ... ... ... ... ... ... Comoros ... ... 8.1 63.3 28.6 Congo, Dem. Rep. of ... ... 30.5 3.7 65.8 Djibouti ... ... ... 77.2 ... 12.1 ... 10.7 ... Equatorial Guinea ... ... ... ... ... ... ... ... Eritrea ... ... ... ... ... ... ... ... ... Ethiopia 2851 ... ... 61.6 77.2 27.3 14.4 11.1 8.4 Guinea ... ... ... 6.3 ... 3.4 ... 90.3 ... Guinea-Bissau ... 0.0 0.7 31.2 68.0 Haiti 677 ... ... ... ... 95.3 90.0 4.7 10.0 Kiribati ... ... 17.1 37.7 45.2 Lao People's Dem. Rep. 790 ... ... 11.4 ... 78.1 ... 10.5 ... Lesotho ... ... 8.6 55.0 36.4 Liberia, Republic of 223 ... ... 55.7 31.1 13.1 Madagascar 1114 ... ... 31.3 31.9 36.8 Malawi 98 ... ... 43.5 41.3 15.2 Mali ... 2.0 57.5 40.4 Mauritania ... ... 6.8 ... ... Mozambique 675 ... ... 34.6 64.7 44.1 28.6 21.3 6.7 Myanmar 17.2 43.9 21.3 17.6 Nepal 1139 ... ... 6.8 ... 59.0 47.0 34.2 ... Niger 0.0 0.7 88.5 10.8 Rwanda 352 ... ... 11.4 77.8 10.8 Sao Tome and Principe 67 ... ... 1.3 0.5 85.5 77.4 13.2 22.1 Senegal ... 4.9 48.4 46.7 Sierra Leone ... ... 44.7 45.7 9.6 Solomon Islands 95 ... 36.0 27.5 48.7 49.7 15.4 22.9 Somalia ... ... ... ... ... ... ... ... ... South Sudan ... ... ... ... ... ... ... ... ... Sudan 1397 ... ... 2.2 21.8 38.8 67.9 59.0 10.3 Tanzania 3665 ... ... 22.6 62.7 14.7 The Gambia ... ... ... 28.9 ... 56.4 ... 14.8 ... Timor-Leste 57 ... ... 2.6 2.7 78.1 89.4 19.3 7.9 Togo 0.0 45.1 50.6 22.7 28.5 32.2 20.8 Tuvalu ... ... ... 9.1 ... 73.7 ... 17.2 ... Uganda 1945 ... ... 4.1 7.5 75.9 60.1 20.1 32.4 Vanuatu 295 ... ... 11.6 14.1 80.1 80.4 8.3 5.5 Yemen ... ... 13.0 78.9 8.0 Zambia ... ... 7.8 86.1 6.0 Memorandum item: Figures in italics refer to 2014. The improvement of the quality of data in recent years may have resulted in changes relating to the breakdown of exports of commercial services by category of services. World Trade Statistical Review 2016 104 A14. Top 10 exporters and importers of agricultural products, 2015 (Billion dollars and percentage) A15. Top 10 exporters and importers of fuels and mining products, 2015 (Billion dollars and percentage) 2015 1980 1990 2000 2015 2010-15 2013 2014 2015 Exporters European Union (28) 585 - - 41.9 37.1 2 8 1 -13 extra-EU (28) exports 158 - - 10.0 10.0 4 8 1 -11 United States 163 17.0 14.3 13.0 10.4 3 2 4 -10 Brazil 80 3.4 2.4 2.8 5.1 3 5 -3 -9 China 73 1.5 2.4 3.0 4.6 7 6 6 -2 Canada 63 5.0 5.4 6.3 4.0 4 4 4 -7 Indonesia a 39 1.6 1.0 1.4 2.5 2 -5 3 -10 Thailand 36 1.2 1.9 2.2 2.3 1 -4 -2 -8 Australia 36 3.3 2.9 3.0 2.3 6 -2 3 -7 India 35 1.0 0.8 1.1 2.2 9 7 -3 -19 Argentina 35 1.9 1.8 2.2 2.2 0 -3 -10 -9 Above 10 1146 - - 76.9 72.7 - - - - Importers European Union (28) 590 - - 42.7 35.0 1 6 2 -13 extra-EU (28) imports 166 - - 13.2 9.8 2 3 2 -9 China 160 2.1 1.8 3.3 9.5 8 6 3 -6 United States 149 8.7 9.0 11.6 8.8 5 3 7 -5 Japan 74 9.6 11.5 10.4 4.4 -1 -8 -5 -10 Canada b 38 1.8 2.0 2.6 2.3 4 2 3 -5 Korea, Republic of 33 1.5 2.2 2.2 2.0 4 1 5 -6 India 28 0.5 0.4 0.7 1.6 9 -5 12 1 Mexico b 28 1.2 1.2 1.8 1.6 3 8 3 -8 Russian Federation b 28 - - 1.3 1.6 -5 6 -8 -33 Hong Kong, China 27 - - - - 6 11 5 -6 retained imports a 18 1.0 1.0 1.1 1.1 6 12 6 -9 Above 10 1154 - - 77.6 67.9 - - - a Includes Secretariat estimates. b Imports are valued f.o.b. Value Share in world exports/imports Annual percentage change 2015 1980 1990 2000 2015 2010-15 2013 2014 2015 Exporters European Union (28) 440 - - 18.2 15.5 -3 -2 -7 -30 extra-EU (28) exports 137 - - 5.2 4.8 -2 -1 -9 -30 Russian Federation 195 - - 8.1 6.9 -7 1 -7 -44 Saudi Arabia, Kingdom of a 153 19.3 8.3 8.3 5.4 -7 -4 -11 -47 United States 145 3.4 4.9 3.3 5.1 2 4 3 -28 Australia 108 1.3 3.5 3.1 3.8 -4 2 5 -29 Canada 104 3.2 4.8 5.7 3.7 -3 1 -5 -35 Qatar a 71 1.0 0.6 1.3 2.5 1 0 -5 -38 United Arab Emirates a 68 3.5 3.0 3.5 2.4 -2 2 -12 -39 Norway 66 1.9 4.0 4.9 2.3 -6 -8 -10 -34 China 55 0.9 1.3 1.5 1.9 3 7 7 -14 Above 10 1404 - - 57.7 49.5 - - - - Importers European Union (28) 741 - - 33.4 27.1 -5 -4 -9 -33 extra-EU (28) imports 438 - - 20.7 16.0 -6 -5 -10 -36 China 358 0.2 0.6 3.7 13.1 -1 2 -3 -32 United States 246 16.7 16.6 18.5 9.0 -10 -10 -7 -40 Japan 169 14.8 15.2 10.8 6.2 -8 -7 -4 -47 Korea, Republic of 130 1.4 3.1 5.2 4.7 -4 -4 -2 -39 India 130 1.2 1.7 2.4 4.8 0 1 -3 -36 Singapore 70 1.3 2.1 2.0 2.5 -4 -5 -2 -42 Taipei, Chinese 50 1.1 1.8 2.1 1.8 -6 -4 -4 -38 Turkey 50 0.7 1.1 1.3 1.8 0 -7 -6 -15 Canada b 42 1.8 2.1 2.0 1.5 -4 -3 -4 -31 Above 10 1986 - - 81.4 72.5 - - - a Includes Secretariat estimates. b Imports are valued f.o.b. Share in world exports/imports Annual percentage changeValue Statistical Tables 105 A16. Top 10 exporters and importers of manufactures, 2015 (Billion dollars and percentage) 2015 1980 1990 2000 2015 2010-15 2013 2014 2015 Exporters European Union (28) 4239 - - 43.0 36.6 1 4 4 -10 extra-EU (28) exports 1601 - - 14.1 13.8 2 4 1 -10 China a 2153 0.8 1.9 4.7 18.6 8 8 6 -2 United States 1126 13.0 12.1 13.8 8.7 4 2 3 -3 Japan 545 11.2 11.5 9.6 4.7 -4 -12 -5 -9 Korea, Republic of 470 1.4 2.5 3.3 4.1 3 4 3 -5 Hong Kong, China 437 - - - - 3 4 3 -4 domestic exports b 5 1.2 1.1 0.5 0.0 -7 -6 3 -4 re-exports b 432 - - - - 3 4 3 -4 Mexico a 312 0.4 1.1 3.0 2.7 7 6 8 1 Singapore 266 0.8 1.6 2.5 2.3 1 2 1 -9 Chinese Taipei 240 1.6 2.6 3.0 2.1 0 1 0 -9 Canada 208 2.7 3.1 3.7 1.8 2 -2 2 -2 Above 10 9445 - - 87.0 81.6 - - - - Importers European Union (28) 3812 - - 43.0 32.9 0 3 5 -10 extra-EU (28) imports 1258 - - 14.1 10.9 1 1 5 -4 United States 1808 11.2 15.4 4.7 15.6 6 2 6 3 China a 1084 1.1 1.7 13.8 9.4 4 7 4 -8 Hong Kong, China 465 - - - - 4 4 5 -6 retained imports b 41 1.1 0.9 3.3 0.4 12 1 22 -6 Japan 372 2.3 4.1 4.1 3.2 1 -4 2 -9 Canada c 323 3.7 3.8 0.5 2.8 2 0 1 -6 Mexico a, c 320 1.5 1.3 3.6 2.8 6 4 5 1 Korea, Republic of 269 0.9 1.8 3.0 2.3 2 2 5 -2 Singapore 206 1.2 1.8 2.5 1.8 0 1 -2 -8 India 187 0.5 0.5 3.0 1.6 4 -4 3 1 Above 10 8423 - - 81.4 72.8 - - - a Includes significant shipments through processing zones b Includes Secretariat estimates. c Imports are valued f.o.b. Share in world exports/importsValue Annual percentage change A17. Top 10 exporters and importers of iron and steel, 2015 (Billion dollars and percentage) 2015 1980 1990 2000 2015 2010-15 2013 2014 2015 Exporters European Union (28) 139 - - 47.1 36.3 -3 -6 0 -18 extra-EU (28) exports 38 - - 11.4 10.0 -3 -8 -2 -22 China a 64 0.3 1.2 3.1 16.7 10 2 32 -12 Japan 30 20.1 11.8 10.4 7.9 -6 -11 -4 -19 Korea, Republic of 23 2.2 3.4 4.7 6.1 -1 -12 9 -20 United States 16 4.2 3.3 4.4 4.2 -1 -4 0 -20 Russian Federation 15 - - 5.0 4.0 -8 -18 19 -39 Chinese Taipei 9 0.4 0.8 3.2 2.3 -4 -3 5 -24 Brazil 10 1.1 3.4 2.5 2.5 2 -19 19 -9 Ukraine 8 - - 3.6 2.2 -12 -7 -14 -39 India 8 0.1 0.2 0.9 2.2 -5 6 -1 -28 Above 10 323 - - 84.9 84.4 - - - - Importers European Union (28) 130 - - 41.4 32.0 -3 -4 3 -18 extra-EU (28) imports 32 - - 7.5 7.9 -2 -2 8 -14 United States 39 10.1 9.5 12.7 9.6 5 -13 26 -21 China a 20 2.7 2.5 6.4 4.8 -5 -6 5 -13 Korea, Republic of 16 1.2 2.9 3.5 3.8 -7 -10 10 -27 Turkey 11 0.4 1.1 1.6 2.8 3 10 -7 0 Mexico a, b 11 2.2 1.0 2.6 2.7 6 -11 9 -3 Thailand 11 0.6 2.4 1.8 2.6 -2 1 -13 -19 India 10 1.0 1.0 0.5 2.5 1 -24 17 3 Canada b 10 1.6 2.0 3.5 2.3 -2 -12 11 -27 United Arab Emirates c 8 0.7 0.4 0.6 1.9 6 6 4 -17 Above 10 265 - - 74.5 65.1 - - - a Includes significant shipments through processing zones b Imports are valued f.o.b. c Includes Secretariat estimates. Value Annual percentage changeShare in world exports/imports World Trade Statistical Review 2016 106 A18. Top 10 exporters and importers of chemicals, 2015 (Billion dollars and percentage) A19. Top 10 exporters and importers of pharmaceuticals, 2015 (Billion dollars and percentage) 2015 1980 1990 2000 2015 2010-15 2013 2014 2015 Exporters European Union (28) 901 - - 53.9 48.2 1 3 3 -10 extra-EU (28) exports 349 - - 18.6 18.7 3 3 2 -6 United States 206 14.8 13.3 13.7 11.0 2 1 2 -2 China a 130 0.8 1.3 2.1 6.9 8 5 12 -4 Switzerland 88 4.0 4.7 3.6 4.7 4 4 7 -5 Japan 63 4.7 5.3 6.0 3.4 -4 -4 -5 -13 Korea, Republic of 58 0.5 0.8 2.4 3.1 4 8 1 -13 Singapore 47 0.5 1.1 1.6 2.5 3 -7 6 -11 Canada 37 2.5 2.2 2.5 2.0 2 2 0 -4 India 36 0.3 0.4 0.7 1.9 9 8 3 -4 Chinese Taipei 32 0.4 0.9 1.6 1.7 -2 3 -3 -16 Above 10 1598 - - 88.0 85.5 - - - - Importers European Union (28) 761 - - 44.0 39.5 1 3 4 -11 extra-EU (28) imports 205 - - 10.5 10.7 2 0 5 -6 United States 220 6.2 7.7 12.2 11.5 4 0 6 4 China a 171 2.0 2.2 4.9 8.9 3 6 1 -11 Japan 64 4.1 5.0 4.2 3.3 1 -11 -2 -1 India 47 0.0 1.0 0.8 2.4 6 0 8 -3 Canada b 45 2.2 2.5 3.2 2.3 2 2 1 -7 Korea, Republic of 43 1.3 2.4 2.2 2.2 1 -1 1 -8 Mexico a, b 43 1.5 1.2 2.4 2.2 5 3 6 -6 Switzerland 42 2.5 2.6 2.1 2.2 2 7 5 -13 Brazil c 38 2.4 1.1 1.6 2.0 3 7 0 -16 Above 10 1474 - - 77.7 76.6 - - - a Includes significant shipments through processing zones b Includes Secretariat estimates. c Imports are valued f.o.b. Share in world exports/importsValue Annual percentage change 2015 2010 2015 2010-15 2013 2014 2015 Exporters European Union (28) 340 66.1 63.9 2 3 5 -5 extra-EU (28) exports 159 26.7 29.8 5 4 5 1 Switzerland 65 10.6 12.2 6 6 8 -3 United States 52 9.6 9.8 3 -1 10 8 India 14 1.5 2.6 14 13 6 6 China a 14 2.3 2.5 5 3 9 1 Canada 8 1.2 1.4 6 7 29 7 Singapore 8 1.3 1.4 5 -14 4 -7 Israel 7 1.4 1.2 0 -8 2 6 Japan 4 0.9 0.7 -2 -8 -9 15 Panama b 4 0.6 0.7 6 -3 -16 -15 Above 10 514 95.7 96.6 - - - - Importers European Union (28) 260 52.1 47.5 1 2 6 -8 extra-EU (28) imports 80 13.5 14.6 2 2 9 -4 United States 90 13.9 16.4 3 -2 14 17 Japan 24 3.7 4.4 3 -10 -4 15 Switzerland 23 4.0 4.2 2 10 6 -9 China a 20 1.7 3.7 9 17 18 7 Canada c 13 2.6 2.3 0 -1 4 -6 Russian Federation c 9 2.4 1.7 -2 10 -12 -31 Australia c 8 1.8 1.4 -1 -9 -9 -13 Brazil c 7 1.4 1.3 0 8 0 -12 Mexico a, c 5 1.0 1.0 1 1 -1 -3 Above 10 460 84.6 83.8 - - - a Includes significant shipments through processing zones b Includes Secretariat estimates. c Imports are valued f.o.b. Share in world exports/importsValue Annual percentage change Statistical Tables 107 A20.Top 10 exporters and importers of office and telecom equipment,2015 (Billion dollars and percentage) 2015 1980 1990 2000 2015 2010-15 2013 2014 2015 Exporters China a 591 0.1 1.0 4.5 34.0 6 10 0 -1 European Union (28) 318 - - 29.3 18.3 -3 -2 2 -10 extra-EU (28) exports 85 - - 8.7 4.9 -3 -3 -3 -12 Hong Kong, China 244 - - - - 7 8 7 3 domestic exports b 0 2.0 1.6 0.4 0.0 -32 -38 7 -44 re-exports 244 - - - - 7 8 7 3 United States 142 19.5 17.3 15.9 8.2 1 1 3 -2 Singapore 118 3.2 6.4 7.7 6.8 -1 5 -1 -6 Korea, Republic of 110 2.0 4.8 6.1 6.3 3 14 7 1 Chinese Taipei 93 3.2 4.7 6.0 5.4 1 5 1 -5 Mexico a 63 0.1 1.5 3.5 3.6 1 -1 3 -3 Japan 60 21.1 22.5 11.2 3.5 -8 -15 -7 -8 Malaysia a 59 1.4 2.7 5.4 3.4 -3 1 4 -10 Above 10 1555 - - 90.1 89.6 - - - - Importers European Union (28) 446 - - 33.9 23.1 -3 -2 2 -7 extra-EU (28) imports 222 - - 14.7 11.5 -3 -2 0 -1 China a 385 0.6 1.3 4.4 19.9 7 13 -4 2 United States 321 15.9 21.1 21.2 16.6 2 0 3 2 Hong Kong, China 257 - - - - 7 7 9 1 retained imports b 13 1.7 1.4 1.3 0.7 4 -3 41 -24 Singapore 84 2.6 4.5 5.3 4.4 -1 4 -3 -7 Japan 80 2.6 3.7 6.0 4.2 -1 0 1 -12 Mexico a, c 64 0.9 1.5 2.9 3.3 2 6 0 0 Korea, Republic of 62 1.3 2.6 3.3 3.2 5 6 12 7 Chinese Taipei 47 1.4 2.5 3.8 2.4 0 1 7 -7 Malaysia a 41 1.6 1.9 3.2 2.1 -3 2 4 -12 Above 10 1542 - - 85.3 79.8 - - - a Includes significant shipments through processing zones b Includes Secretariat estimates. c Imports are valued f.o.b. d In 2015, China reported imports of office and telecom equipment from China amounting to $91.2 billion. For further information, see the Metadata. Share in world exports/importsValue Annual percentage change A21. Top 10 exporters and importers of automotive products, 2015 (Billion dollars and percentage) 2015 1980 1990 2000 2015 2010-15 2013 2014 2015 Exporters European Union (28) 653 - - 49.8 49.3 4 6 6 -6 extra-EU (28) exports 229 - - 12.2 17.3 5 6 1 -10 Japan 137 19.8 20.8 15.3 10.3 -2 -8 -4 -6 United States 129 11.9 10.2 11.7 9.8 5 2 2 -6 Mexico a 97 0.3 1.4 5.3 7.3 12 11 11 5 Korea, Republic of 71 0.1 0.7 2.6 5.4 5 3 1 -6 Canada 62 6.9 8.9 10.5 4.7 4 -4 2 1 China a 49 0.0 0.1 0.3 3.7 12 7 11 -3 Thailand 27 0.0 0.0 0.4 2.0 7 7 1 2 Turkey 17 0.0 0.0 0.3 1.3 4 13 4 -3 India 11 ... 0.1 0.1 0.9 8 2 16 -4 Above 10 1253 - - 96.3 94.6 - - - - Importers European Union (28) 498 - - 42.5 36.7 3 6 8 -2 extra-EU (28) imports 72 - - 5.6 5.3 4 1 3 8 United States 292 20.3 24.7 29.4 21.6 9 4 6 7 China a 73 0.6 0.6 0.7 5.4 7 5 20 -22 Canada b 68 8.7 7.7 8.0 5.0 3 0 -2 -4 Mexico a, b 45 1.8 0.3 3.5 3.3 9 2 7 4 Saudi Arabia, Kingdom of c 33 2.7 0.9 0.7 2.4 16 3 0 42 Australia b 24 1.3 1.2 1.5 1.7 1 -10 -10 -4 Turkey 20 ... 0.4 1.0 1.4 5 16 -6 9 Japan 19 0.5 2.3 1.7 1.4 6 0 4 -9 Russian Federation b 16 - - 0.2 1.2 -7 -8 -21 -51 Above 10 1088 - - 89.0 80.2 - - - a Includes significant shipments through processing zones b Imports are valued f.o.b. c Includes Secretariat estimates. Share in world exports/imports Annual percentage changeValue World Trade Statistical Review 2016 108 A22. Top 10 exporters and importers of textiles, 2015 (Billion dollars and percentage) A23. Top 10 exporters and importers of clothing, 2015 (Billion dollars and percentage) 2015 1980 1990 2000 2015 2010-15 2013 2014 2015 Exporters China a 109 4.6 6.9 10.4 37.4 47 12 5 -2 European Union (28) 64 - - 36.7 22.1 3 4 4 -14 extra-EU (28) exports 20 - - 9.9 6.9 6 3 3 -14 India 17 2.4 2.1 3.6 5.9 25 13 5 -6 United States 14 6.8 4.8 7.1 4.8 5 3 3 -3 Turkey 11 0.6 1.4 2.4 3.8 24 10 3 -13 Korea, Republic of 11 4.0 5.8 8.2 3.7 -3 1 -1 -11 Chinese Taipei 10 3.2 5.9 7.7 3.3 -4 -1 0 -6 Hong Kong, China 9 - - - - -7 2 -9 -7 domestic exports b 0 1.7 2.1 0.8 0.0 -42 -13 -9 -47 re-exports b 9 - - - - -6 2 -9 -6 Pakistan b 8 1.6 2.6 2.9 2.9 13 7 -3 -9 Japan 6 9.3 5.6 4.5 2.1 -2 -12 -7 -3 Above 10 268 - - 84.3 86.0 - - - - Importers European Union (28) 68 - - 35.2 22.1 3 5 6 -18 extra-EU (28) imports 29 - - 9.9 9.3 12 7 9 -9 United States 30 4.5 6.2 9.8 9.6 13 4 5 5 China a, d 19 1.9 4.9 7.8 6.1 8 9 -6 -6 Viet Nam b 18 ... ... 0.8 5.8 67 17 13 50 Bangladesh b 10 0.2 0.4 0.8 3.2 49 9 14 48 Hong Kong, China 9 - - - - -9 0 -10 -9 retained imports ... 3.7 3.8 0.9 ... -100 ... 96 ... Japan 8 3.0 3.8 3.0 2.6 11 -3 1 -8 Mexico a, e 7 0.2 0.9 3.6 2.1 2 3 4 2 Turkey 6 0.1 0.5 1.3 2.0 24 5 5 -13 Indonesia b 6 0.4 0.7 0.8 1.8 35 4 0 -2 Above 10 171 - - 63.1 55.5 - - - a Includes significant shipments through processing zones b Includes Secretariat estimates. c Mainly re-exports. d In 2015, China reported imports of textiles from China amounting to $2.4 billion. For further information, see the Metadata. e Imports are valued f.o.b. Share in world exports/importsValue Annual percentage change 2015 1980 1990 2000 2015 2010-15 2013 2014 2015 Exporters China a 175 4.0 8.9 18.2 39.3 6 11 5 -6 European Union (28) 112 - - 28.7 25.2 2 8 7 -11 extra-EU (28) exports 28 - - 6.4 6.2 5 8 5 -13 Bangladesh b 26 0.0 0.6 2.6 5.9 12 19 5 6 Viet Nam b 22 ... ... 0.9 4.8 16 19 14 10 Hong Kong, China 18 - - - - -5 -3 -6 -10 domestic exports b 0 11.5 8.6 5.0 0.0 -23 -16 -6 -43 re-exports 18 - - - - -5 -3 -6 -10 India 18 1.7 2.3 3.0 4.1 10 12 14 2 Turkey 15 0.3 3.1 3.3 3.4 3 8 8 -9 Indonesia b 7 0.2 1.5 2.4 1.5 0 2 0 -10 Cambodia b 6 ... ... 0.5 1.4 16 17 17 8 United States 6 3.1 2.4 4.4 1.4 5 5 4 0 Above 10 387 - - 68.9 87.0 - - - - Importers European Union (28) 170 - - 41.1 34.0 0 5 8 -14 extra-EU (28) imports 96 - - 19.6 19.2 1 2 9 -8 United States 97 16.4 24.0 33.0 19.4 3 3 2 4 Japan 29 3.6 7.8 9.7 5.7 1 -1 -7 -8 Hong Kong, China 15 - - - - -2 1 -2 -8 retained imports b … 0.9 0.7 0.9 … - -12 -21 … Canada c 10 1.7 2.1 1.8 2.0 4 6 1 -2 Korea, Republic of 9 0.0 0.1 0.6 1.7 14 20 12 0 Australia c 7 0.8 0.6 0.9 1.3 6 3 4 1 China a 7 0.1 0.0 0.6 1.3 21 18 15 7 Switzerland 6 3.4 3.1 1.6 1.1 1 3 4 -8 Russian Federation c 6 - - 0.1 1.1 -6 -2 -6 -34 Above 10 338 - - 90.3 67.8 - - - a Includes significant shipments through processing zones b Includes Secretariat estimates. c Imports are valued f.o.b. Share in world exports/importsValue Annual percentage change Statistical Tables 109 A24. World trade in commercial services by category, 2015 (Billion dollars and percentage) A25. Growth of commercial services exports by category and by region, 2005-2015 (Annual percentage change) Exports All commercial services 4755 100.0 100.0 100.0 100.0 100.0 Goods-related services 150 3.3 3.6 3.5 3.3 3.2 Transport 875 22.4 21.5 19.9 19.2 18.4 Travel 1230 26.5 25.0 25.2 25.6 25.9 Other commercial services 2495 47.9 49.9 51.5 51.9 52.5 Imports All commercial services 4610 100.0 100.0 100.0 100.0 100.0 Goods-related services 100 2.6 2.1 2.3 2.1 2.1 Transport 1090 27.1 26.5 25.8 24.6 23.6 Travel 1215 26.0 23.3 23.8 25.3 26.4 Other commercial services 2210 44.3 48.1 48.1 48.0 47.9 : For information on asymmetries, see the Metadata. World North America South and Central America Europe CIS Africa Middle East Asia Commercial services 2005-10 8 8 9 6 12 9 … 12 2014 7 3 2 7 -9 4 6 … 2015 -6 -1 -5 -10 -16 -3 5 -3 Goods-related services 2005-10 10 12 -12 9 11 16 19 15 2014 2 19 7 2 -22 16 15 -2 2015 -9 8 -2 -17 -17 -14 2 -1 Transport 2005-10 7 6 8 6 12 10 9 9 2014 3 2 -3 4 -5 3 9 4 2015 -10 -7 -12 -13 -14 2 6 -9 Travel 2005-10 7 5 6 4 9 8 15 13 2014 8 3 6 4 -13 5 10 … 2015 -5 0 3 -13 -17 -5 9 -1 Other commercial services 2005-10 9 10 17 7 16 11 … 13 2014 8 2 1 9 -7 4 -1 12 2015 -5 -1 -8 -7 -17 -3 0 -2 World Trade Statistical Review 2016 110 A26. World trade in goods-related services by region, 2015 (Billion dollars and percentage) 2015 2010 2015 2010-15 2013 2014 2015 Exports World 150 100.0 100.0 2 6 2 -9 North America 26 11.5 16.9 10 7 19 8 South and Central America 4 2.1 2.7 8 5 7 -2 Europe 75 51.9 49.4 1 12 2 -17 European Union (28) 67 47.3 44.3 1 12 2 -18 Commonwealth of Independent States (CIS) 5 4.9 3.0 -8 -8 -22 -17 Africa 2 1.8 1.0 -10 -30 16 -14 Middle East 1 0.2 0.6 21 -20 15 2 Asia 40 27.6 26.5 1 1 -2 -1 Imports World 100 100.0 100.0 5 15 -1 -7 North America 10 9.5 10.6 7 -5 0 23 South and Central America 0 0.2 0.4 17 -38 71 -5 Europe 51 40.7 52.2 10 43 -4 -8 European Union (28) 47 36.6 48.1 11 46 -2 -9 Commonwealth of Independent States (CIS) 2 1.5 2.2 13 14 1 -13 Africa 1 0.5 0.6 9 26 15 -4 Middle East 0 0.1 0.4 57 -41 37 -8 Asia 33 47.5 33.6 -2 -9 1 -10 Annual percentage changeValue Share : For information on asymmetries, see the Metadata. As a number of economies are currently in the process of implementing international recommendations on the compilation of goods-related services, these estimates are to be considered preliminary and should be taken with caution. Statistical Tables 111 A27. Major exporters and importers of goods-related services, 2015 (Billion dollars and percentage) 2015 2010 2015 2010-15 2013 2014 2015 Exporters European Union (28) 67.4 47.3 44.3 1 12 2 -18 Extra-EU (28) exports 35.4 22.4 23.2 3 11 3 -13 United States 24.1 10.5 15.8 11 9 20 8 China 24.0 18.2 15.8 -1 -10 -8 12 Singapore 6.8 4.6 4.5 2 19 -9 -14 Switzerland 5.1 2.7 3.4 6 12 0 -1 Korea, Republic of 3.2 1.7 2.1 7 6 8 1 Russian Federation 2.6 3.0 1.7 -9 5 -22 -18 Malaysia 2.5 2.0 1.6 -2 -6 5 -11 Canada 1.6 1.0 1.1 3 -6 7 9 Honduras 1.6 0.8 1.0 7 12 7 11 Myanmar a 1.3 0.0 0.8 ... 445 7 ... Morocco 1.2 1.6 0.8 -11 -34 17 -13 Ukraine 1.2 1.3 0.8 -7 -14 -32 -21 Norway 0.9 0.5 0.6 5 41 8 -12 Japan 0.9 0.4 0.6 9 32 166 -61 Above 15 145.0 95.7 95.0 - - - - Importers European Union (28) 47.0 36.6 48.1 11 46 -2 -9 Extra-EU (28) imports 18.5 11.9 18.9 15 52 -7 -2 Hong Kong, China 11.4 24.9 11.7 -10 -16 -20 -5 United States 9.3 9.0 9.5 6 -7 0 24 Korea, Republic of 8.7 9.2 8.9 4 -6 2 -2 Japan 7.9 11.1 8.1 -1 -9 41 -34 Switzerland 2.3 2.4 2.4 4 27 -31 14 Russian Federation 1.5 1.2 1.5 10 18 -10 -19 China 1.5 0.1 1.5 79 -34 46 1179 Norway 0.9 1.3 1.0 -2 6 -20 -11 Canada 0.9 0.3 0.9 33 15 12 12 Myanmar a 0.7 ... 0.7 ... ... -7 ... Singapore 0.6 0.8 0.7 0 1 6 -11 Turkey 0.4 ... 0.4 ... 25 24 14 Indonesia 0.4 0.3 0.4 10 -35 27 -25 Australia 0.4 0.3 0.4 7 38 -30 -26 Above 15 95.0 ... 96.2 - - - a Secretariat estimate. Annual percentage changeValue Share World Trade Statistical Review 2016 112 A28. Major exporters and importers of manufacturing services on physical inputs owned by others, 2014 and 2015 (Million dollars and percentage) 2014 2015 2014 2010-14 2013 2014 2015 Exporters European Union (28) 54452 43050 60.9 2 5 -3 -21 Extra-EU (28) exports 27348 22216 30.6 2 4 -1 -19 China 21421 20436 23.9 -4 -10 -8 -5 Korea, Republic of 3048 2878 3.4 8 15 4 -6 Malaysia 2428 2159 2.7 -1 -9 3 -11 Russian Federation 1531 1024 1.7 -10 7 -34 -33 Morocco 1441 1249 1.6 -10 -34 17 -13 Honduras 1418 1572 1.6 6 12 7 11 Ukraine 1278 1055 1.4 -1 -6 -34 -17 Switzerland 1276 1326 1.4 13 1 14 4 Myanmar 1174 ... 1.3 112 445 7 ... Above 10 89465 ... 100.0 - - - - Importers European Union (28) 28902 25960 51.9 10 10 -1 -10 Extra-EU (28) imports 8498 8062 15.3 9 4 -12 -5 Hong Kong, China 11920 11325 21.4 -11 -16 -20 -5 Korea, Republic of 8692 8373 15.6 5 -6 0 -4 Japan 4958 4515 8.9 -11 -8 -38 -9 Myanmar 668 ... 1.2 ... ... -7 ... Russian Federation 220 138 0.4 2 53 -32 -37 China 116 161 0.2 10 -34 46 39 Switzerland 85 31 0.2 ... -57 239 -63 Macao, China 69 ... 0.1 4 -4 20 ... Turkey 60 57 0.1 ... 15 33 -5 Above 10 55690 ... 100.0 - - - : Based on information available to the Secretariat. As certain economies do not report this item separately, they may not appear in the list. See the Metadata. Value Share in 10 economies Annual percentage change Statistical Tables 113 A29. Major exporters and importers of maintenance and repair services, 2014 and 2015 (Million dollars and percentage) 2014 2015 2014 2010-14 2013 2014 2015 Exporters European Union (28) 28208 24398 40.6 17 31 13 -14 Extra-EU (28) exports 13340 13149 19.2 22 31 10 -1 United States 22389 24123 32.2 11 9 20 8 Singapore 7916 6843 11.4 6 19 -9 -14 Switzerland 3887 3790 5.6 7 16 -4 -3 Japan 1995 671 2.9 73 -34 ... -66 Russian Federation 1676 1596 2.4 -2 1 -7 -5 Canada 1503 1633 2.2 1 -6 7 9 Norway 1061 936 1.5 9 41 8 -12 Israel 487 ... 0.7 ... -23 25 ... Malaysia 369 336 0.5 14 18 17 -9 Above 10 69490 ... 100.0 - - - - Importers European Union (28) 22873 21074 51.3 27 145 -5 -8 Extra-EU (28) imports 10374 10427 23.3 34 166 -2 1 United States 7468 9251 16.8 2 -7 0 24 Japan 7123 3435 16.0 98 -19 ... -52 Switzerland 1963 2306 4.4 1 29 -33 17 Russian Federation 1625 1355 3.6 22 13 -6 -17 Norway 1064 947 2.4 1 6 -20 -11 Canada 791 887 1.8 38 15 12 12 Singapore 713 636 1.6 3 1 6 -11 Australia 488 359 1.1 17 38 -30 -26 Indonesia 476 359 1.1 21 -35 27 -25 Above 10 44585 40610 100.0 - - - : Based on information available to the Secretariat. As certain economies do not report this item separately, they may not appear in the list. See the Metadata. Value Share in 10 economies Annual percentage change World Trade Statistical Review 2016 114 A30. World trade in transport by region, 2015 (Billion dollars and percentage) 2015 2010 2015 2010-15 2013 2014 2015 Exports World 875 100.0 100.0 1 3 3 -10 North America 98 10.3 11.1 3 3 2 -7 South and Central America 26 3.0 3.0 1 5 -3 -12 Europe 412 48.4 47.1 1 6 4 -13 European Union (28) 366 43.4 41.7 0 5 4 -13 Commonwealth of Independent States (CIS) 35 3.9 4.0 2 6 -5 -14 Africa 30 2.9 3.4 4 2 3 2 Middle East 36 2.8 4.1 9 7 9 6 Asia 240 28.7 27.4 0 -3 4 -9 Imports World 1090 100.0 100.0 2 3 2 -10 North America 130 10.9 11.9 4 5 4 -1 South and Central America 45 4.6 4.2 0 0 -5 -14 Europe 357 35.9 32.8 0 6 3 -12 European Union (28) 327 32.7 30.0 0 6 4 -11 Commonwealth of Independent States (CIS) 22 2.4 2.0 -1 4 -12 -21 Africa 64 5.7 5.9 3 1 4 -9 Middle East 107 7.4 9.8 8 1 4 -2 Asia 364 33.1 33.4 2 -1 3 -11 Annual percentage changeValue Share : For information on asymmetries, see the Metadata. Statistical Tables 115 A31. Leading exporters and importers of transport, 2015 (Billion dollars and percentage) 2015 2010 2015 2010-15 2013 2014 2015 Exporters European Union (28) 365.5 43.4 41.7 0 5 4 -13 Extra-EU (28) exports 163.7 19.9 18.7 0 3 0 -13 United States 84.2 8.7 9.6 3 4 3 -6 Singapore 47.3 4.7 5.4 4 1 13 -8 China 38.6 4.1 4.4 2 -3 2 1 Japan 35.5 5.1 4.0 -3 -8 0 -10 Korea, Republic of 32.7 4.7 3.7 -4 -9 1 -15 Hong Kong, China 29.8 3.6 3.4 0 -2 2 -7 Norway 17.9 2.2 2.0 0 5 5 -21 Russian Federation 16.8 1.8 1.9 3 8 -1 -18 India 14.3 1.6 1.6 2 -3 10 -23 Turkey 14.3 1.1 1.6 9 13 10 -9 Canada 11.9 1.5 1.4 -1 0 -4 -12 Switzerland 10.9 1.3 1.2 1 5 4 -21 Chinese Taipei 10.4 1.2 1.2 1 1 10 -7 United Arab Emirates 10.3 0.3 1.2 33 84 12 15 Above 15 740.0 85.3 84.5 - - - - Importers European Union (28) 327.3 32.7 30.0 0 6 4 -11 Extra-EU (28) imports 142.5 14.6 13.1 0 7 2 -13 United States 96.9 7.6 8.9 5 7 4 3 China 75.6 6.5 6.9 4 10 2 -21 India 52.3 4.8 4.8 2 -6 3 -11 Singapore 44.1 3.0 4.0 8 7 20 -4 United Arab Emirates 43.4 2.6 4.0 11 0 4 2 Japan 41.0 4.7 3.8 -2 -15 -2 -11 Korea, Republic of 29.6 3.1 2.7 -1 -3 6 -8 Thailand 23.8 2.3 2.2 1 -1 -6 -11 Canada 20.0 2.2 1.8 -1 -2 -4 -11 Saudi Arabia, Kingdom of 19.6 1.3 1.8 9 8 4 -2 Hong Kong, China 17.7 1.6 1.6 2 -1 1 -4 Australia 13.2 1.4 1.2 0 -4 -9 -13 Mexico 12.8 1.1 1.2 4 5 16 -13 Russian Federation 11.7 1.2 1.1 0 6 -12 -24 Above 15 830.0 76.1 76.1 - - - Annual percentage changeValue Share World Trade Statistical Review 2016 116 A32. World trade in travel by region, 2015 (Billion dollars and percentage) 2015 2010 2015 2010-15 2013 2014 2015 Exports World 1230 100.0 100.0 5 7 8 -5 North America 212 17.2 17.2 5 7 3 0 South and Central America 57 4.5 4.6 6 4 6 3 Europe 422 40.9 34.3 1 8 4 -13 European Union (28) 368 36.0 29.9 1 8 4 -13 Commonwealth of Independent States (CIS) 19 1.8 1.5 2 9 -13 -17 Africa 41 4.5 3.3 -1 -7 5 -5 Middle East 60 4.9 4.9 5 7 10 9 Asia 419 … 34.1 … 10 … -1 Imports World 1215 100.0 100.0 7 8 14 -2 North America 160 14.4 13.2 5 3 4 4 South and Central America 42 4.0 3.4 4 11 2 -17 Europe 377 42.0 31.0 1 6 6 -13 European Union (28) 337 38.1 27.7 1 6 6 -13 Commonwealth of Independent States (CIS) 48 4.1 4.0 7 22 -5 -26 Africa 26 3.0 2.1 0 0 -3 1 Middle East 81 7.5 6.6 5 4 17 -4 Asia 482 25.1 39.7 17 10 35 12 Annual percentage changeValue Share : For information on asymmetries, see the Metadata. Statistical Tables 117 A33. Leading exporters and importers of travel, 2015 (Billion dollars and percentage) 2015 2010 2015 2010-15 2013 2014 2015 Exporters European Union (28) 367.7 36.0 29.9 1 8 4 -13 Extra-EU (28) exports 124.4 11.2 10.1 3 12 4 -14 United States 178.3 14.3 14.5 5 7 3 1 China 114.1 ... 9.3 ... 3 ... 8 Thailand 44.5 2.1 3.6 17 23 -8 16 Macao, China 37.5 2.9 3.1 6 18 -2 -26 Hong Kong, China 35.9 2.3 2.9 10 18 -1 -7 Australia 29.7 3.0 2.4 1 -2 2 -7 Turkey 26.6 2.4 2.2 3 10 6 -10 Japan 25.5 1.4 2.1 14 4 25 35 India 21.0 1.5 1.7 8 2 7 7 Malaysia 17.7 1.9 1.4 -1 6 5 -22 Mexico 17.5 1.3 1.4 8 9 16 8 Singapore 16.7 1.5 1.4 3 2 0 -12 Switzerland 16.2 1.5 1.3 2 4 4 -7 United Arab Emirates 16.0 0.9 1.3 13 13 13 15 Above 15 965.0 ... 78.4 - - - - Importers European Union (28) 336.5 38.1 27.7 1 6 6 -13 Extra-EU (28) imports 112.6 13.2 9.3 0 5 7 -13 China 292.2 6.4 24.0 40 26 83 25 United States 120.5 10.1 9.9 7 4 6 9 Russian Federation 34.9 3.1 2.9 6 25 -6 -31 Canada 29.4 3.5 2.4 0 0 -4 -13 Korea, Republic of 25.0 2.2 2.1 6 5 7 8 Hong Kong, China 22.9 2.0 1.9 6 6 4 4 Singapore 22.1 2.2 1.8 3 6 -1 -9 Australia 21.9 2.6 1.8 -1 2 -8 -17 Saudi Arabia, Kingdom of 20.7 2.5 1.7 0 4 37 -14 Brazil 17.4 1.9 1.4 2 14 2 -32 Switzerland 16.0 1.3 1.3 7 6 6 -7 Japan 15.9 3.2 1.3 -11 -22 -12 -17 Norway 15.8 1.6 1.3 3 11 2 -16 Chinese Taipei 15.5 1.1 1.3 11 16 14 11 Above 15 1005.0 81.6 82.7 - - - Annual percentage changeValue Share World Trade Statistical Review 2016 118 A34.World trade in other commercial services by region, 2015 (Billion dollars and percentage) 2015 2010 2015 2010-15 2013 2014 2015 Exports World 2495 100.0 100.0 5 7 8 -5 North America 455 19.2 18.2 4 4 2 -1 South and Central America 53 2.4 2.1 3 -1 1 -8 Europe 1300 53.5 52.1 5 9 9 -7 European Union (28) 1198 48.8 48.0 5 9 9 -7 Commonwealth of Independent States (CIS) 35 1.5 1.4 4 17 -7 -17 Africa 24 1.1 1.0 4 -3 4 -3 Middle East 44 1.8 1.8 5 8 -1 0 Asia 584 20.5 23.4 8 6 12 -2 Imports World 2210 100.0 100.0 4 7 7 -6 North America 294 14.6 13.3 3 3 1 -1 South and Central America 83 3.6 3.8 5 7 4 -8 Europe 1100 49.6 49.8 5 8 9 -6 European Union (28) 1006 45.3 45.5 5 8 9 -6 Commonwealth of Independent States (CIS) 62 2.9 2.8 4 14 1 -21 Africa 66 3.3 3.0 2 -1 12 -14 Middle East 69 3.1 3.1 5 6 11 -5 Asia 533 22.9 24.1 6 8 6 -7 Annual percentage changeValue Share : For information on asymmetries, see the Metadata. A35.Leading exporters and importers of other commercial services,2015 (Billion dollars and percentage) 2015 2010 2015 2010-15 2013 2014 2015 Exporters European Union (28) 1198.1 48.8 48.0 5 9 9 -7 Extra-EU (28) exports 591.2 23.0 23.7 6 11 9 -7 United States 403.4 16.7 16.2 5 4 4 1 India 119.6 4.6 4.8 6 3 4 2 China 108.7 2.5 4.4 18 9 23 -5 Japan 96.0 4.0 3.8 5 2 27 -2 Switzerland 75.8 3.3 3.0 3 4 4 -6 Singapore 68.5 2.2 2.7 11 18 8 -5 Canada 46.8 2.4 1.9 1 1 -5 -11 Korea, Republic of 45.7 1.6 1.8 8 6 9 -12 Hong Kong, China 38.2 1.5 1.5 6 4 5 6 Chinese Taipei 31.7 1.1 1.3 8 5 9 3 Israel 24.4 0.8 1.0 9 7 4 -2 Russian Federation 23.1 1.1 0.9 2 17 -9 -21 Brazil 21.7 1.0 0.9 3 -4 6 -16 Philippines 20.9 0.7 0.8 9 15 9 13 2325.0 92.3 93.1 - - - -Above 15 Importers European Union (28) 1005.5 45.3 45.5 5 8 9 -6 Extra-EU (28) imports 458.7 19.0 20.8 6 9 16 -4 United States 242.5 11.8 11.0 3 2 2 1 Japan 108.9 4.5 4.9 6 2 23 -4 China 97.0 3.6 4.4 9 15 13 -19 Singapore 76.5 2.9 3.5 8 19 2 -9 Switzerland 65.3 2.6 3.0 7 7 10 -2 India 54.8 3.2 2.5 -1 1 -6 3 Korea, Republic of 49.0 2.3 2.2 4 4 4 -3 Canada 45.1 2.6 2.0 0 2 -5 -9 Brazil 40.7 1.7 1.8 6 3 11 -11 Russian Federation 38.8 1.9 1.8 3 15 -3 -24 Hong Kong, China 21.9 1.0 1.0 4 3 3 2 Chinese Taipei 20.4 1.0 0.9 3 -9 5 3 Thailand 19.1 0.9 0.9 3 11 -3 0 Norway 18.7 1.1 0.8 0 9 1 -20 Above 15 1905.0 86.4 86.3 - - - Annual percentage changeValue Share Statistical Tables 119 A36.World exports of construction by region, 2014 and 2015 (Billion dollars and percentage) 2014 2015 2010 2015 2010-15 2014 2015 Exports World 105 90 100.0 100.0 1 8 -15 North America 3 2 3.7 2.5 -7 -11 -13 South and Central America 0 0 0.1 0.1 6 292 -68 Europe 38 30 36.5 33.5 -1 11 -21 European Union (28) 34 27 31.1 30.3 0 14 -20 Commonwealth of Independent States (CIS) 7 6 5.0 6.5 6 -13 -18 Africa 2 2 2.2 1.9 -2 0 -15 Middle East 3 3 2.9 3.2 3 -4 8 Asia 53 47 49.7 52.3 2 11 -11 Annual percentage changeShareValue A37. Major exporters and importers of construction, 2014 and 2015 (Million dollars and percentage) 2014 2015 2014 2010-14 2013 2014 2015 Exporters European Union (28) 34122 27239 36.7 6 14 14 -20 Extra-EU (28) exports 17750 14062 19.1 9 21 3 -21 Korea, Republic of 19358 13492 20.8 13 3 -5 -30 China 15355 16653 16.5 1 -13 44 8 Japan 11314 10596 12.2 2 -17 17 -6 Russian Federation 4730 3664 5.1 8 25 -20 -23 United States 1971 1917 2.1 -8 -34 -7 -3 Iran 1631 ... 1.8 0 1 -2 ... India 1613 1486 1.7 32 32 32 -8 Switzerland 1522 1087 1.6 5 2 10 -29 Turkey 1283 782 1.4 3 -13 7 -39 92900 ... 100.0 - - - -Above 10 Importers European Union (28) 24949 19300 34.6 6 6 5 -23 Extra-EU (28) imports 6591 5762 9.1 0 -1 -10 -13 Japan 10462 8123 14.5 7 -3 39 -22 Russian Federation 7520 4831 10.4 13 23 -20 -36 Angola 6673 ... 9.3 9 -19 32 ... China 4870 10197 6.8 -1 8 25 109 Saudi Arabia, Kingdom of 4279 4952 5.9 3 33 18 16 Korea, Republic of 4070 3000 5.6 15 44 -16 -26 Azerbaijan 3930 3520 5.5 86 243 136 -10 Kuwait, the State of 2686 1887 3.7 3 -4 35 -30 Malaysia 2662 2722 3.7 22 7 4 2 Above 10 72100 ... 100.0 - - - : Based on information available to the Secretariat. As certain economies do not report this item separately, they may not appear in the list. See the Metadata. Value Share in 10 economies Annual percentage change World Trade Statistical Review 2016 120 A38.World exports of insurance and pension services by region, 2014 and 2015 (Billion dollars and percentage) 2014 2015 2010 2015 2010-15 2014 2015 Exports World 135 125 100.0 100.0 5 8 -7 North America 23 23 19.1 18.8 5 5 3 South and Central America 2 3 1.8 2.2 10 22 13 Europe 88 77 63.6 62.0 5 7 -12 European Union (28) 79 68 62.7 54.9 3 6 -13 Commonwealth of Independent States (CIS) 1 1 0.7 0.6 4 -16 31 Africa 1 1 1.1 1.0 3 3 1 Middle East 2 2 2.1 1.5 -2 -14 -5 Asia 17 17 11.6 13.9 9 23 -1 Annual percentage changeShareValue A39. Major exporters and importers of insurance and pension services, 2014 and 2015 (Million dollars and percentage) 2014 2015 2014 2010-14 2013 2014 2015 Exporters European Union (28) 78621 68367 64.1 7 9 6 -13 Extra-EU (28) exports 44467 38977 36.3 7 3 13 -12 United States 17417 18666 14.2 5 2 2 7 Switzerland 7133 6705 5.8 7 4 5 -6 Singapore 4709 4605 3.8 7 15 13 -2 China 4574 4976 3.7 28 20 14 9 Mexico 3554 3171 2.9 18 39 27 -11 India 2285 1987 1.9 6 -5 7 -13 Canada 1566 1444 1.3 -5 -9 -9 -8 Japan 1559 1576 1.3 5 … … 1 Hong Kong, China 1209 1312 1.0 9 10 18 8 Above 10 122625 112810 100.0 - - - - Importers United States 50096 48330 34.4 -5 -4 -6 -4 European Union (28) 43717 38590 30.0 3 9 12 -12 Extra-EU (28) imports 17367 15051 11.9 2 2 21 -13 China 22454 9327 15.4 9 7 2 -58 India 5946 5305 4.1 4 -7 0 -11 Japan 5128 4731 3.5 -7 -9 -24 -8 Singapore 4473 4488 3.1 3 4 -11 0 Mexico 4220 4339 2.9 13 26 -13 3 Canada 4102 3713 2.8 -4 -4 -8 -9 Malaysia 2763 2368 1.9 6 -4 0 -14 Thailand 2703 2356 1.9 6 -3 -9 -13 Above 10 145605 123545 100.0 - - - : Based on information available to the Secretariat. Value Share in 10 economies Annual percentage change Statistical Tables 121 A40.World exports of financial services by region, 2014 and 2015 (Billion dollars and percentage) 2014 2015 2010 2015 2010-15 2014 2015 Exports World 425 415 100.0 100.0 4 5 -2 North America 95 94 23.3 22.6 4 3 -1 South and Central America 3 2 0.9 0.5 -6 -40 -18 Europe 256 246 61.1 59.0 4 5 -4 European Union (28) 232 223 54.6 53.6 4 5 -4 Commonwealth of Independent States (CIS) 2 2 0.5 0.4 -1 -19 -21 Africa 2 2 0.5 0.5 5 -2 9 Middle East 3 3 1.2 0.8 -3 12 14 Asia 64 67 12.4 16.0 10 13 4 Annual percentage changeShareValue A41. Major exporters and importers of financial services, 2014 and 2015 (Million dollars and percentage) 2014 2015 2014 2010-14 2013 2014 2015 Exporters European Union (28) 231915 222911 57.0 6 7 5 -4 Extra-EU (28) exports 103732 97178 25.5 7 8 2 -6 United States 87290 86286 21.4 5 10 4 -1 Switzerland 22133 20717 5.4 -1 2 -1 -6 Singapore 20352 20262 5.0 14 10 11 0 Hong Kong, China 17399 19067 4.3 7 6 6 10 Canada 7702 7706 1.9 9 5 -1 0 Japan 7235 10173 1.8 19 -2 59 41 India 5645 5331 1.4 -1 19 -11 -6 China 4531 2334 1.1 36 69 42 -48 Australia 3000 2956 0.7 35 40 19 -1 407200 397740 100.0 - - - -Above 10 Importers European Union (28) 126433 115373 69.7 8 15 7 -9 Extra-EU (28) imports 50536 47941 27.9 10 21 1 -5 United States 19503 20134 10.8 6 11 5 3 Canada 5967 6870 3.3 2 13 5 15 Japan 5274 6002 2.9 14 12 46 14 China 4940 2645 2.7 37 92 34 -46 Hong Kong, China 4434 4763 2.4 6 7 5 7 Singapore 4310 4467 2.4 14 11 19 4 India 4115 3100 2.3 -12 10 -30 -25 Switzerland 3923 3772 2.2 -6 -1 6 -4 Russian Federation 2400 1998 1.3 -3 22 -29 -17 Above 10 181300 169125 100.0 - - - Share in 10 economies Annual percentage change : Based on information available to the Secretariat. Value World Trade Statistical Review 2016 122 2014 2015 2014 2010-14 2013 2014 2015 Exporters United States 130362 126212 43.2 5 3 2 -3 European Union (28) 100522 97977 33.3 8 9 12 -3 Extra-EU (28) exports 65556 65021 21.7 14 12 27 -1 Japan 36877 36077 12.2 8 -1 17 -2 Switzerland 18111 14366 6.0 8 8 -3 -21 Korea, Republic of 5167 6199 1.7 13 11 19 20 Canada 4321 4174 1.4 11 13 -2 -3 Singapore 3779 3302 1.3 40 72 19 -13 Australia 894 786 0.3 -2 -6 10 -12 Israel 890 761 0.3 24 -11 17 -14 Chinese Taipei 866 1200 0.3 17 9 -15 39 301790 291055 100.0 - - - -Above 10 Importers European Union (28) 159716 164929 50.8 11 11 26 3 Extra-EU (28) imports 90708 96546 28.8 14 7 51 6 United States 42124 39157 13.4 7 1 8 -7 China 22614 22022 7.2 15 19 8 -3 Japan 20858 16540 6.6 3 -10 17 -21 Singapore 19781 17285 6.3 4 2 -10 -13 Switzerland 14034 12330 4.5 15 6 19 -12 Canada 11070 9243 3.5 3 8 -6 -17 Korea, Republic of 10546 9831 3.4 4 14 7 -7 Russian Federation 8021 5634 2.5 13 10 -4 -30 Brazil 5923 5250 1.9 16 9 30 -11 Above 10 314690 302220 100.0 - - - : Based on information available to the Secretariat. Annual percentage changeValue Share in 10 economies A42.World receipts of charges for the use of intellectual property n.i.e. by region, 2014 and 2015 (Billion dollars and percentage) A43. Major exporters and importers of charges for the use of intellectual property n.i.e., 2014 and 2015 (Million dollars and percentage) 2014 2015 2010 2015 2010-15 2014 2015 Exports World 305 295 100.0 100.0 4 4 -3 North America 135 131 45.6 44.0 3 0 -3 South and Central America 1 1 0.3 0.4 14 -2 19 Europe 119 113 39.5 38.0 3 5 -5 European Union (28) 101 98 30.7 33.0 6 12 -3 Commonwealth of Independent States (CIS) 1 1 0.2 0.3 10 -10 2 Africa 0 0 0.1 0.1 -1 2 -9 Middle East 1 1 0.2 0.3 15 8 -12 Asia 50 50 14.1 17.0 8 15 0 Annual percentage changeShareValue Statistical Tables 123 A44. World exports of telecommunications, computer and information services by region, 2014 and 2015 (Billion dollars and percentage) 2014 2015 2010 2015 2010-15 2014 2015 Exports World 485 475 100.0 100.0 7 9 -2 North America 45 45 10.0 9.4 6 0 0 South and Central America 9 10 2.2 2.2 7 6 12 Europe 297 280 61.3 58.8 6 11 -6 European Union (28) 280 262 56.3 55.0 7 12 -6 Commonwealth of Independent States (CIS) 9 8 1.3 1.8 13 12 -4 Africa 6 6 1.4 1.2 3 5 -12 Middle East 15 15 3.0 3.1 8 8 -2 Asia 105 112 20.7 23.6 10 8 7 Annual percentage changeShareValue A45. Major exporters and importers of telecommunications, computer and information services, 2014 and 2015 (Million dollars and percentage) 2014 2015 2014 2010-14 2013 2014 2015 Exporters European Union (28) 279647 261919 64.3 10 9 12 -6 Extra-EU (28) exports 125209 120769 28.8 10 10 10 -4 India 55666 57661 12.8 8 8 5 4 United States 35885 36990 8.2 9 8 2 3 China 20173 24549 4.6 18 5 18 22 Switzerland 12634 13826 2.9 12 8 15 9 Israel 9417 9274 2.2 21 4 15 -2 Canada 8704 7434 2.0 1 -8 -9 -15 Singapore 4896 4829 1.1 8 15 1 -1 Russian Federation 4504 3971 1.0 14 19 8 -12 Philippines 3472 3461 0.8 12 11 4 0 435000 423915 100.0 - - - -Above 10 Importers European Union (28) 165342 147626 62.9 6 11 4 -11 Extra-EU (28) imports 73776 66566 28.1 9 15 15 -10 United States 33314 33158 12.7 4 3 -1 0 Switzerland 13854 13803 5.3 8 15 6 0 Japan 11457 11311 4.4 26 12 80 -1 China 10748 11409 4.1 27 39 41 6 Singapore 8205 7935 3.1 23 27 19 -3 Russian Federation 6854 5520 2.6 15 18 13 -19 Canada 5092 4794 1.9 2 -14 1 -6 India 4318 3782 1.6 5 8 15 -12 Brazil 3670 3340 1.4 -1 10 -30 -9 Above 10 262855 242680 100.0 - - - Annual percentage change : Based on information available to the Secretariat. Value Share in 10 economies World Trade Statistical Review 2016 124 A46. Major exporters and importers of telecommunications services, 2014 and 2015 (Million dollars and percentage) A47. Major exporters and importers of computer services, 2014 and 2015 (Million dollars and percentage) 2014 2015 2014 2010-14 2013 2014 2015 Exporters European Union (28) 214388 ... 69.6 12 10 14 ... Extra-EU (28) exports 94352 ... 30.6 12 10 13 ... India a 53261 55360 17.3 9 8 5 4 United States 15310 17377 5.0 14 10 11 14 Israel 8534 8404 2.8 22 3 18 -2 Canada 5694 4863 1.8 -1 -7 -9 -15 Philippines 3121 3163 1.0 13 13 10 1 Russian Federation 2651 2455 0.9 20 26 6 -7 Korea, Republic of 1880 2348 0.6 53 58 58 25 Japan 1652 2060 0.5 ... ... ... 25 Ukraine 1500 1668 0.5 39 38 16 11 307990 ... 100.0 - - - -Above 10 Importers European Union (28) 110709 ... 68.5 7 15 1 ... Extra-EU (28) imports 51141 ... 31.7 10 20 18 ... United States 24386 24919 15.1 6 2 0 2 Japan 8738 8980 5.4 ... ... ... 3 Russian Federation 3590 2772 2.2 22 26 23 -23 Brazil 3016 2801 1.9 -2 11 -35 -7 India 2882 2563 1.8 7 8 26 -11 Norway 2703 2103 1.7 21 10 19 -22 Canada 2676 2520 1.7 6 -19 6 -6 Australia 1880 1455 1.2 12 14 15 -23 Indonesia 973 1043 0.6 14 17 14 7 Above 10 161550 ... 100.0 - - - : Based on information available to the Secretariat. As certain major traders in computer services do not report this item separately, they may not appear in the list. Value Share in 10 economies Annual percentage change a Secretariat estimate based on data reported on computer services by the Reserve Bank of India. It excludes estimates for Information Technology Enabled Services (ITES) and Business Process Outsourcing Services (BPO), (source: RBI, Survey on Computer Software & Information Technology Services Exports, various issues), which have been included under other business services. 2014 2015 2014 2010-14 2013 2014 2015 Exporters European Union (28) 52292 ... 65.6 3 1 3 ... Extra-EU (28) exports 24010 ... 30.1 3 2 0 ... United States 13550 12525 17.0 6 5 -6 -8 Kuwait, the State of 3064 2710 3.8 -4 -3 -9 -12 India 2163 2088 2.7 9 34 -1 -3 Canada 1921 1641 2.4 3 -3 -10 -15 Hong Kong, China 1775 ... 2.2 17 14 11 ... Russian Federation 1732 1418 2.2 8 10 12 -18 Japan 1379 988 1.7 17 -5 51 -28 Norway 962 865 1.2 3 21 -1 -10 Indonesia 876 786 1.1 -6 -23 5 -10 79715 ... 100.0 - - - -Above 10 Importers European Union (28) 44642 ... 71.6 3 0 8 ... Extra-EU (28) imports 18140 ... 29.1 4 3 6 ... United States 6656 6259 10.7 -4 2 -9 -6 Russian Federation 2839 2388 4.6 8 11 2 -16 Japan 2078 1689 3.3 19 15 53 -19 Canada 1526 1437 2.4 -1 -8 -9 -6 Hong Kong, China 1115 ... 1.8 19 8 17 ... India 1053 836 1.7 -1 14 -4 -21 Nigeria 839 583 1.3 33 45 55 -31 Norway 813 697 1.3 0 -9 4 -14 Korea, Republic of 789 859 1.3 -3 10 -25 9 Above 10 62350 ... 100.0 - - - : Based on information available to the Secretariat. As certain major traders in telecommunications services do no report this item separately, they may not appear in the list. Share in 10 economies Annual percentage changeValue Statistical Tables 125 A48.World exports of other business services by region, 2014 and 2015 (Billion dollars and percentage) 2014 2015 2010 2014 2010-15 2014 2015 Exports World 1120 1045 100.0 100.0 6 8 -6 North America 155 157 15.3 15.0 5 5 1 South and Central America 40 34 3.6 3.3 4 10 -13 Europe 572 527 52.9 50.4 4 8 -8 European Union (28) 536 494 47.6 47.2 5 10 -8 Commonwealth of Independent States (CIS) 23 17 2.2 1.7 0 -10 -23 Africa 12 13 1.2 1.2 5 7 2 Middle East 17 17 1.8 1.6 3 -11 -1 Asia 300 281 23.1 26.9 9 11 -6 Annual percentage changeShareValue A49. Major exporters and importers of other business services, 2014 and 2015 (Million dollars and percentage) 2014 2015 2014 2010-14 2013 2014 2015 Exporters European Union (28) 536441 494240 56.5 9 10 10 -8 Extra-EU (28) exports 265210 245746 27.9 9 13 10 -7 United States 126726 132550 13.4 7 2 6 5 China 68895 58403 7.3 ... 12 20 -15 India a 47305 48614 5.0 8 -2 2 3 Japan 37288 33717 3.9 4 11 32 -10 Singapore 36448 33809 3.8 17 20 8 -7 Canada 27843 23952 2.9 3 4 -3 -14 Chinese Taipei 25862 26147 2.7 8 4 9 1 Brazil 21351 17490 2.2 12 -6 22 -18 Korea, Republic of 20968 19168 2.2 16 8 19 -9 949125 888090 100.0 - - - -Above 10 Importers European Union (28) 519770 489914 56.8 7 4 7 -6 Extra-EU (28) imports 223722 213549 24.4 8 6 11 -5 United States 92499 98199 10.1 8 6 5 6 Japan 58947 60879 6.4 12 8 21 3 China 53370 39542 5.8 ... 12 13 -26 Singapore 46657 41353 5.1 18 31 6 -11 Switzerland 31929 32658 3.5 12 6 10 2 Brazil 31329 28775 3.4 11 2 12 -8 Korea, Republic of 30497 29982 3.3 6 -3 8 -2 India 26875 29906 2.9 1 -7 -4 11 Russian Federation 23152 18459 2.5 10 14 1 -20 Above 10 915025 869665 100.0 - - - a Secretariat estimate. It includes an estimate for Information Technology Enabled Services (ITES) and Business Process Outsourcing Services (BPO) which are classified under "software" by the Reserve Bank of India (source: RBI, Survey on Computer Software & Information Technology Services Exports, various issues). : Based on information available to the Secretariat. Annual percentage change Share in 10 economiesValue World Trade Statistical Review 2016 126 A50. Trade in other business services by category in selected economies, 2014 (Million dollars and percentage) Value Total Legal, accounting, management consulting, and public relations services Advertising, market research, and public opinion polling services Total Architectural, engineering, scientific, and other technical services Waste treatment and de-pollution, agricultural and mining services Operating leasing services related services Other business services n.i.e. 536441 13.6 33.3 24.6 8.7 53.1 14.6 3.2 5.4 8.6 21.3 265210 15.7 31.0 23.6 7.4 53.3 18.3 4.7 5.7 5.5 19.1 126726 26.2 46.9 39.2 7.8 26.9 9.7 3.0 5.9 1.0 2.0 47305 2.7 65.3 … … 32.0 … … … … … 37288 18.3 12.1 … … 69.7 … … … … … 36448 1.9 61.9 … … 36.2 … … … … … 27843 17.4 40.9 37.6 3.3 41.6 25.5 … 2.2 5.4 8.5 21351 2.5 19.3 … … 78.3 … … … … … 20968 3.7 10.2 7.5 2.7 86.1 12.1 1.5 3.5 17.1 51.9 18056 22.6 34.0 … … 43.4 … … … … … 16736 2.7 44.7 2.9 25.8 52.6 21.0 9.3 7.8 … 14.6 14473 0.4 0.3 … … 99.3 … … … … … 13932 2.7 16.5 … … 80.8 … … … … … 13251 1.2 43.2 37.4 5.8 55.7 4.0 … 0.2 40.6 10.9 11768 41.7 15.5 7.5 8.0 42.7 7.6 … 1.2 6.4 27.5 9162 … … … … 100.0 … … … … … 7971 8.6 53.7 45.7 8.0 37.7 18.0 2.3 2.9 7.8 6.6 4328 10.9 62.4 … … 26.7 … … … … … 2963 0.3 31.3 … … 68.3 … … … … … 2495 17.6 29.1 … … 53.2 … … … … … Exporters 8 European Union (28) XT Extra-EU (28) exports S United States India a Japan G Singapore A Canada R Brazil R Korea, Republic of H Switzerland U Russian Federation Philippines O Norway K Hong Kong, China Israel Thailand Australia R Argentina Lebanese Republic A Ukraine South Africa 1989 … … … … 100.0 … … … … … 519770 15.8 32.5 21.3 11.3 51.7 9.5 1.8 4.7 12.5 23.3 223722 18.8 28.4 18.6 9.9 52.7 8.9 2.2 4.4 13.9 23.3 92499 35.7 41.3 37.6 3.7 23.0 5.4 1.9 3.8 1.5 6.2 58947 29.8 14.9 … … 55.2 … … … … … 46657 16.3 34.7 … … 49.0 … … … … … 31929 29.1 49.0 … … 21.9 … … … … … 31329 0.3 5.7 … … 94.0 … … … … … 30497 9.8 18.8 8.5 10.3 71.4 4.2 0.2 4.2 8.6 54.3 26875 1.2 31.3 … … 67.5 … … … … … 23152 0.7 25.4 2.8 9.2 73.9 24.5 19.6 18.0 … 11.8 21144 6.5 46.4 43.5 2.9 47.1 21.3 … 5.6 3.7 16.4 15122 2.6 15.9 … … 81.5 … … … … … 11195 1.4 33.5 28.8 4.7 65.1 3.3 … 14.8 38.8 8.1 10842 … … … … 100.0 … … … … … 10532 … 1.0 … … 99.0 … … … … … 9561 2.6 43.9 41.4 2.5 53.5 28.4 3.3 4.2 3.5 14.2 6132 10.4 22.2 12.7 9.5 67.4 12.3 … 0.4 11.9 42.8 5854 0.3 35.6 … … 64.1 … … … … … 4826 … … … … 100.0 … … … … … 3585 … 0.5 … … 99.5 … … … … … Importers 8 European Union (28) XT Extra-EU (28) imports S United States Japan G Singapore H Switzerland R Brazil R Korea, Republic of India U Russian Federation A Canada O Norway K Hong Kong, China Thailand O Angola Australia Israel Kazakhstan G Nigeria Algeria Philippines 3561 1.3 3.0 … … 95.7 … … … … … : Based on information available to the Secretariat. As certain economies do not report the breakdown of business services separately, they may not appear in the list. a Secretariat estimate. It includes an estimate for Information Technology Enabled Services (ITES) and Business Process Outsourcing Services (BPO) which are classified under "software" by the Reserve Bank of India (source: RBI, Survey on Computer Software & Information Technology Services Exports, various issues). Total other business services Research and development services Share Professional and management consulting services Technical, trade-related, and other business services Statistical Tables 127 A52. Major exporters and importers of personal, cultural and recreational services, 2014 and 2015 (Million dollars and percentage) 2014 2015 2014 2010-14 2013 2014 2015 Exporters European Union (28) 27785 24469 73.9 7 8 1 -12 Extra-EU (28) exports 10677 9049 28.4 7 5 3 -15 Canada 2012 1812 5.4 -3 -10 -16 -10 Turkey 1795 1874 4.8 18 5 40 4 India 1266 1262 3.4 7 61 3 0 Korea, Republic of 922 895 2.5 24 8 26 -3 Australia 882 669 2.3 6 -20 22 -24 United States a 817 795 2.2 -5 -20 14 -3 Switzerland 738 531 2.0 19 54 23 -28 Russian Federation 681 341 1.8 10 39 -12 -50 Brazil 681 314 1.8 -27 -7 -75 -54 37580 32960 100.0 - - - -Above 10 Importers European Union (28) 30486 28221 65.2 7 9 11 -7 Extra-EU (28) imports 15478 12966 33.1 9 11 20 -16 Venezuela, Bolivarian Rep. of 3327 3117 7.1 -1 -10 -12 -6 Brazil 2222 973 4.8 60 40 … -56 Canada 2040 2054 4.4 -1 -24 -4 1 Norway 1657 1331 3.5 32 0 -9 -20 Russian Federation 1611 1092 3.4 13 13 28 -32 Australia 1563 1527 3.3 5 -6 -4 -2 Qatar 1480 1346 3.2 ... 51 -30 -9 India 1390 1388 3.0 -24 34 92 0 United States a 992 1073 2.1 16 11 9 8 Above 10 46770 42120 100.0 - - - a The U.S. Bureau of Economic Analysis records film and television tape distribution services under charges for the use of intellectual property n.i.e.. : Based on information available to the Secretariat. Annual percentage changeValue Share in 10 economies A51.World exports of personal, cultural and recreational services by region, 2014 and 2015 (Billion dollars and percentage) 2014 2015 2010 2015 2010-15 2014 2015 Exports World 45 40 100.0 100.0 4 1 -9 North America 3 3 10.0 6.7 -4 -9 -7 South and Central America 2 1 10.3 2.9 -20 -62 -27 Europe 31 27 62.5 68.2 5 8 -11 European Union (28) 28 24 62.4 60.9 3 1 -12 Commonwealth of Independent States (CIS) 1 1 2.3 1.3 -8 -10 -46 Africa 1 1 1.0 1.4 9 1 -5 Middle East 1 2 1.5 3.8 24 40 9 Asia 6 6 12.4 15.7 9 17 6 Annual percentage changeShareValue World Trade Statistical Review 2016 128 A53. Major exporters and importers of audio-visual and related services, 2014 and 2015 (Million dollars and percentage) 2014 2015 2014 2010-14 2013 2014 2015 Exporters European Union (28) 16435 ... 79.7 4 19 -11 ... Extra-EU (28) exports 6671 ... 32.4 5 22 -12 ... Canada 1724 1552 8.4 -3 -6 -16 -10 Korea, Republic of 551 570 2.7 25 13 25 3 India 406 364 2.0 15 66 -20 -11 Japan 391 531 1.9 45 -29 291 36 Brazil 265 135 1.3 … 117 ... -49 Argentina 222 264 1.1 -9 -9 -21 19 Russian Federation 216 131 1.0 -12 -8 -25 -39 Australia 214 145 1.0 14 -25 51 -32 Israel 195 ... 0.9 42 7 17 ... 20620 ... 100.0 - - - -Above 10 Importers European Union (28) 17209 ... 68.8 5 3 9 ... Extra-EU (28) imports 7432 ... 29.7 7 2 20 ... Canada 1847 1859 7.4 -1 -23 -3 1 Australia 1292 1249 5.2 6 -6 -2 -3 Brazil 1274 433 5.1 49 11 ... -66 Russian Federation 846 492 3.4 0 6 -2 -42 Japan 698 1006 2.8 -1 -9 -20 44 Norway 606 477 2.4 9 9 -9 -21 Argentina 489 489 2.0 10 6 2 0 Korea, Republic of 471 313 1.9 12 32 6 -34 Mexico 272 292 1.1 0 0 0 7 Above 10 25005 ... 100.0 - - - : Based on information available to the Secretariat. As certain major traders in personal, cultural and recreational services do not report the item audiovisual and related services separately, they may not appear in the list. See the Metadata. Annual percentage changeValue Share in 10 economies Statistical Tables 129 A54. Leading exporters and importers of intermediate goods, 2014 (Billion dollars and percentage) 2014 2010 2014 2010-14 2012 2013 2014 Exporters European Union (28) 2783 35.9 34.8 4 -6 7 0 extra-EU (28) exports 1029 12.8 12.9 5 -3 9 -3 China a 963 9.6 12.0 11 6 11 6 United States 771 10.2 9.6 4 1 0 1 Japan 375 6.5 4.7 -3 -3 -10 -5 Korea, Republic of 320 3.8 4.0 7 1 5 4 Singapore 226 3.1 2.8 3 0 3 1 Taipei, Chinese 222 2.9 2.8 4 -3 1 8 Canada 202 2.7 2.5 3 -2 -1 1 Switzerland 177 1.4 2.2 19 79 24 -24 Mexico a 151 1.6 1.9 9 10 2 6 Brazil 148 2.0 1.9 4 -7 2 -6 India 140 1.7 1.7 6 -2 16 -10 Australia 135 1.7 1.7 5 -7 4 -8 Malaysia 128 1.8 1.6 3 -5 -1 3 Russian Federation 113 1.2 1.4 9 19 -4 -1 Above 15 6853 86.1 85.7 5 -1 5 0 Importers European Union (28) 2607 33.8 31.7 3 -10 3 3 extra-EU (28) imports 839 11.7 10.2 1 -8 -6 4 China a 1147 13.1 13.9 7 1 8 0 United States 858 9.7 10.4 7 4 0 7 Japan 282 4.0 3.4 1 -5 -6 1 Mexico a 237 2.7 2.9 7 5 2 5 Korea, Republic of 236 3.1 2.9 3 -5 0 1 India 213 2.7 2.6 4 -4 -7 0 Canada b 198 2.5 2.4 4 3 -2 1 Singapore 173 2.3 2.1 3 2 2 0 Switzerland 159 1.1 1.9 21 104 15 -23 Taipei, Chinese 144 2.1 1.7 0 -10 -4 5 Malaysia 123 1.6 1.5 3 -2 3 2 Turkey 123 1.4 1.5 7 -3 11 -5 Thailand 121 1.6 1.5 2 2 0 -11 Brazil 118 1.4 1.4 6 -1 7 -4 Above 15 6739 83.1 81.9 5 -3 3 1 a Includes significant shipments through processing zones b Imports are valued f.o.b. Share in world exports/importsValue Annual percentage change World Trade Statistical Review 2016 130 A55.World merchandise exports, production and gross domestic product, 1950-2015 (Index, 2005=100) GDP Total a Agricultural products Fuels and mining products Manufactures Total a Agricultural products Fuels and mining products Manufactures 1950 1 3 1 0 4 15 10 2 12 1951 1 4 1 0 4 15 11 2 13 1952 1 4 1 0 4 15 12 2 13 1953 1 4 1 0 4 16 13 2 14 1954 1 4 1 1 5 16 14 3 15 1955 1 4 1 1 5 17 15 3 16 1956 1 4 1 1 6 18 16 3 16 1957 1 4 1 1 6 19 18 3 17 1958 1 4 1 1 6 20 17 3 17 1959 1 5 1 1 7 22 18 4 18 1960 1 5 1 1 8 24 22 4 19 1961 1 5 1 1 8 25 23 4 20 1962 1 5 1 1 8 25 24 5 21 1963 2 5 1 1 9 26 25 5 22 1964 2 6 2 1 11 27 27 6 24 1965 2 6 2 1 11 28 28 6 25 1966 2 6 2 2 12 29 30 7 26 1967 2 6 2 2 13 30 33 8 27 1968 2 6 2 2 14 32 37 9 29 1969 3 7 3 2 16 34 39 10 31 1970 3 8 3 3 17 35 44 11 32 1971 3 8 3 3 18 35 45 12 34 1972 4 10 4 4 20 38 48 13 36 1973 6 14 5 5 22 38 53 15 38 1974 8 17 12 6 24 36 52 17 39 1975 8 17 11 7 22 37 46 16 39 1976 10 19 13 8 24 40 49 18 41 1977 11 22 15 9 26 41 50 19 43 1978 13 25 15 11 27 44 53 20 45 1979 16 31 22 13 28 46 56 21 47 1980 20 35 32 15 29 49 52 22 48 1981 20 34 31 15 29 51 47 23 49 1982 18 32 27 14 28 50 44 23 49 1983 18 31 25 14 29 50 44 24 51 1984 19 33 25 16 31 52 46 26 53 1985 19 31 24 16 32 51 46 28 55 1986 21 35 18 19 33 50 50 29 57 1987 24 40 20 23 35 53 51 31 59 1988 28 45 21 27 38 55 53 34 62 1989 30 47 24 29 41 56 56 36 64 1990 34 49 28 33 42 57 59 38 66 1991 34 50 26 34 44 59 61 40 67 1992 36 53 26 37 46 62 63 41 68 1993 36 51 25 37 48 63 66 43 69 1994 41 59 26 42 52 68 70 48 71 1995 49 69 30 51 56 71 73 52 73 1996 51 71 34 53 59 74 75 55 76 1997 53 70 35 55 65 79 81 61 78 1998 52 67 28 56 68 80 83 64 80 1999 55 64 32 58 71 80 82 67 83 2000 62 65 47 64 79 83 83 76 87 2001 59 65 43 62 78 85 83 76 88 2002 62 69 44 65 81 87 86 79 90 2003 72 80 54 75 86 91 90 83 93 2004 88 92 72 91 94 94 97 93 97 2005 100 100 100 100 100 100 100 100 100 2006 116 111 128 113 109 106 104 111 104 2007 134 133 147 130 116 111 108 119 108 2008 154 158 195 143 118 113 109 122 110 2009 120 139 125 115 104 111 103 103 108 2010 146 160 167 137 119 119 109 122 112 2011 175 195 224 158 125 126 111 130 115 2012 175 194 228 157 128 129 114 133 118 2013 179 204 222 162 131 132 115 137 120 2014 180 207 209 168 135 136 116 142 123 2015 155 185 156 159 139 … … … 126 a Includes unspecified products. : Secretariat estimates. See the Metadata for the estimation of world aggregates of merchandise exports and GDP. VolumeValue Exports Exports Statistical Tables 131 A55.World merchandise exports, production and gross domestic product, 1950-2015 (continued) (Annual percentage change) GDP Total a Agricultural products Fuels and mining products Manufactures Total a Agricultural products Fuels and mining products Manufactures 1950-63 7.4 3.7 8.5 10.1 7.7 4.5 7.2 8.6 4.7 1964 11.8 6.9 11.8 15.0 10.9 5.4 8.8 14.9 7.2 1965 8.3 4.3 7.1 10.9 6.6 5.1 3.2 7.4 4.1 1966 9.2 4.1 9.8 10.8 7.7 3.7 6.2 10.3 6.5 1967 5.2 -0.2 5.7 7.7 5.7 2.4 10.3 4.7 3.7 1968 11.0 4.1 14.2 14.9 10.8 5.7 12.0 17.9 5.9 1969 14.2 6.9 9.2 16.5 12.2 5.4 6.0 16.5 6.7 1970 14.6 10.6 13.6 15.4 8.7 3.1 12.4 8.7 5.1 1971 11.7 7.4 11.3 13.7 7.0 2.0 1.0 9.0 4.4 1972 18.3 20.3 14.1 19.4 8.4 6.9 6.9 10.1 5.6 1973 38.4 45.5 47.4 34.1 12.1 0.9 10.2 14.2 6.9 1974 44.9 21.7 122.9 31.3 5.4 -4.5 -1.7 8.8 2.1 1975 4.3 1.0 -4.0 8.8 -7.3 1.0 -12.0 -4.0 1.4 1976 13.1 10.5 16.3 12.8 11.8 7.5 6.8 12.6 5.1 1977 13.7 13.5 10.6 14.7 4.2 3.5 2.7 5.0 4.2 1978 15.8 13.3 3.7 21.6 4.7 6.8 5.3 5.9 4.6 1979 27.0 24.4 47.0 21.3 5.2 4.8 5.9 5.0 4.0 1980 23.0 13.8 41.8 15.9 2.9 6.8 -6.3 5.9 2.9 1981 -1.2 -1.9 -3.2 -0.7 -0.3 5.0 -9.9 4.0 1.9 1982 -6.4 -7.5 -10.6 -3.6 -2.3 -2.0 -5.8 -2.1 0.4 1983 -2.1 -1.4 -8.0 0.5 2.5 0.2 -0.9 5.1 2.8 1984 5.8 5.3 -0.9 8.1 8.4 2.8 4.8 10.8 4.6 1985 -0.3 -5.7 -3.2 3.8 2.6 -1.2 -1.2 4.8 3.7 1986 9.4 11.1 -23.8 20.3 4.0 -1.7 9.1 4.1 3.3 1987 17.4 14.9 11.0 19.7 5.5 5.6 1.7 6.3 3.7 1988 13.7 13.1 0.9 16.1 8.5 2.7 5.6 9.5 4.6 1989 7.8 4.3 15.5 6.9 6.4 3.1 4.4 7.8 3.7 1990 12.9 4.7 16.2 14.4 3.8 0.7 5.7 5.5 2.8 1991 1.3 0.8 -6.2 3.3 3.5 3.3 3.3 3.6 1.4 1992 7.2 7.1 -0.9 8.0 5.3 6.0 4.3 4.7 2.1 1993 -0.2 -4.1 -3.5 0.0 4.2 1.0 3.5 4.1 1.6 1994 13.5 15.8 5.1 15.6 9.1 8.7 6.7 11.1 3.1 1995 19.4 17.7 15.2 20.0 7.3 4.6 3.6 9.0 2.8 1996 4.5 2.5 14.2 3.5 5.0 3.9 3.9 5.3 3.3 1997 3.3 -1.3 2.7 4.6 10.0 5.9 7.1 11.0 3.7 1998 -1.4 -4.6 -20.6 2.3 4.6 1.5 2.5 4.8 2.5 1999 4.0 -3.7 15.6 3.3 4.7 1.0 -0.7 5.1 3.3 2000 12.8 0.1 45.2 10.0 10.7 3.2 1.7 13.3 4.3 2001 -4.1 0.3 -8.8 -3.8 -0.3 1.8 0.0 -0.6 1.8 2002 4.8 5.9 1.4 5.4 3.6 3.5 2.6 3.9 2.1 2003 16.6 16.9 23.2 15.7 5.4 3.9 5.6 5.9 2.9 2004 21.7 14.6 34.7 20.3 9.9 3.5 6.7 11.3 4.1 2005 14.0 8.8 38.3 10.3 6.4 6.3 3.6 7.9 3.6 2006 15.6 10.9 27.6 13.1 8.7 5.7 4.1 10.5 4.1 2007 15.7 20.0 15.4 15.2 6.5 4.9 3.4 7.7 4.0 2008 15.4 18.5 32.6 9.9 2.1 1.9 1.1 2.3 1.5 2009 -22.6 -12.1 -35.8 -19.9 -12.1 -1.8 -5.4 -15.3 -2.1 2010 21.7 15.4 33.2 19.5 14.1 7.5 5.5 18.2 4.1 2011 20.0 21.8 34.3 15.2 5.5 6.1 2.0 6.8 2.9 2012 0.2 -0.7 1.9 -0.3 2.3 1.7 2.9 2.2 2.3 2013 2.0 5.2 -2.9 3.1 2.7 2.9 0.6 2.7 2.2 2014 0.6 1.6 -5.8 3.5 2.7 2.4 1.0 3.9 2.5 2015 -13.6 -10.7 -25.2 -5.5 3.0 … … … 2.4 a Includes unspecified products. : See the Metadata for the estimation of world aggregates of merchandise exports and GDP. Exports Exports VolumeValue World Trade Statistical Review 2016 132 A56. Merchandise trade by selected groups of economies, 2005-2015 (Billion dollars) 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 10509.1 12130.5 14023.3 16160.4 12555.0 15301.1 18338.0 18496.3 18948.0 18995.0 16482.2 Exports World a North America and Europe EFTA 237.8 273.5 313.2 377.9 293.3 330.9 400.6 478.5 518.9 460.8 400.0 European Union (28) 4082.7 4606.1 5366.0 5954.9 4613.5 5183.9 6092.2 5808.6 6074.2 6154.7 5387.3 NAFTA 1475.8 1664.1 1840.7 2035.2 1601.8 1964.3 2283.4 2372.1 2417.9 2492.4 2294.2 South and Central America Andean Community 51.5 64.9 76.9 94.0 78.6 99.4 134.0 142.6 138.2 132.3 96.4 CACM 22.5 25.1 28.2 30.6 27.1 31.9 38.2 39.8 39.7 40.6 38.5 CARICOM 15.0 20.3 20.3 26.4 15.0 17.8 23.2 22.2 21.4 19.8 14.2 MERCOSUR 221.2 257.4 295.6 375.3 276.8 349.1 448.6 435.9 425.3 386.9 300.6 Africa CEMAC 22.9 26.8 30.2 42.7 27.0 35.7 44.6 44.5 41.2 39.0 23.2 COMESA 66.0 82.9 98.7 127.0 92.6 118.5 98.7 134.5 119.2 94.6 69.3 ECCAS 49.6 61.6 78.0 111.3 71.7 92.0 119.1 122.7 116.5 105.9 63.9 ECOWAS 67.1 78.1 87.5 111.9 83.4 114.8 155.1 155.7 146.4 137.9 84.1 SADC 97.9 116.7 144.2 177.7 131.3 181.0 223.0 218.8 215.3 202.2 159.6 WAEMU 12.7 14.2 15.0 18.5 19.3 20.7 24.0 23.8 25.9 26.1 22.9 Middle East and Asia ASEAN 656.6 769.8 865.1 989.7 813.8 1049.8 1239.5 1253.7 1272.6 1294.9 1162.6 GCC 397.6 480.7 555.0 762.5 525.9 661.7 950.0 1061.2 1084.1 1022.1 649.6 SAPTA 133.0 159.3 190.4 241.3 206.8 277.6 365.3 358.1 381.6 391.3 334.2 Memorandum: ACP 226.8 269.9 316.9 399.2 288.8 391.6 495.1 484.7 469.0 443.2 320.7 LDCs 82.3 103.3 128.1 167.8 127.6 162.4 202.7 205.2 212.8 205.7 154.4 10275.2 11832.3 13660.2 15678.8 12237.3 14905.5 17849.7 17996.1 18505.3 18580.1 16204.2 10870.5 12461.5 14330.5 16572.3 12781.6 15510.7 18503.5 18704.9 19011.2 19104.3 16725.0 WTO Members (162) Imports World a North America and Europe EFTA 187.0 211.8 248.2 280.1 228.0 257.5 303.8 388.0 416.3 370.3 333.4 European Union (28) 4249.7 4870.3 5655.2 6358.4 4809.2 5421.1 6330.1 5950.9 6005.0 6137.0 5316.1 NAFTA 2283.4 2540.6 2700.8 2906.8 2176.7 2682.1 3090.7 3193.3 3195.8 3304.1 3149.6 South and Central America Andean Community 46.4 56.5 70.7 93.6 74.3 96.7 124.3 135.6 139.5 144.6 123.0 CACM 36.5 41.8 48.2 54.9 41.6 49.5 60.3 63.0 63.9 64.0 61.8 CARICOM 20.2 23.0 26.3 31.7 23.6 24.9 30.3 30.9 30.7 30.2 26.2 MERCOSUR 137.9 173.2 228.9 308.4 227.8 306.0 382.4 375.9 397.6 371.2 291.4 Africa CEMAC 7.9 10.5 14.2 17.4 17.3 20.0 25.6 25.7 25.5 27.5 24.2 COMESA 65.1 76.0 93.7 119.4 114.7 134.9 140.5 172.6 173.8 183.3 165.0 ECCAS 19.8 23.2 32.4 44.4 45.7 43.2 54.2 58.7 61.4 66.2 55.6 ECOWAS 43.6 51.9 66.1 89.5 67.1 83.6 103.1 104.4 114.6 115.3 96.7 SADC 99.7 119.6 140.4 171.3 140.6 165.2 208.7 221.8 227.6 224.2 192.6 WAEMU 15.3 16.0 20.0 25.5 22.0 24.5 25.1 29.7 34.8 33.6 28.8 Middle East and Asia ASEAN 602.7 687.7 774.9 938.8 727.0 953.5 1154.3 1223.2 1245.2 1234.2 1090.8 GCC 188.3 225.1 295.0 383.0 318.4 350.0 426.3 484.5 521.3 533.1 490.6 SAPTA 196.8 241.1 299.6 409.7 330.0 441.6 579.8 604.8 583.1 590.2 509.7 Memorandum: ACP 216.5 260.0 309.5 388.2 314.0 369.9 455.5 477.5 498.7 500.2 439.6 LDCs 86.9 100.4 124.5 161.6 153.5 169.2 209.4 230.3 250.1 266.3 241.8 WTO Members (162) 10672.2 12251.4 14078.0 16243.0 12476.4 15170.5 18131.2 18314.2 18614.8 18707.7 16387.1 a Includes significant re-exports or imports for re-export. Statistical Tables 133 A57. Trade in commercial services by selected groups of economies, 2006-2015 (Billion dollars) 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2942.0 3522.9 3964.0 3533.6 3842.0 4349.5 4468.0 4747.3 5063.8 4754.0 Exports World North America and Europe EFTA 103.9 124.5 140.0 127.8 137.0 150.1 157.3 165.1 170.2 152.6 European Union (28) ... ... ... ... 1706.3 1924.7 1915.9 2074.1 2216.0 1998.8 NAFTA 478.3 554.0 604.9 574.1 634.1 704.8 737.5 773.9 796.4 789.0 South and Central America Andean Community 7.8 8.7 10.1 9.9 10.6 12.1 13.9 15.5 16.1 17.0 CACM 9.2 11.2 12.1 9.8 11.3 12.5 13.8 14.7 15.5 16.6 CARICOM 9.6 10.3 10.6 9.7 10.1 10.0 10.3 10.5 10.9 11.1 MERCOSUR 27.8 36.6 45.2 41.5 47.3 56.3 58.2 56.9 58.2 51.9 Africa CEMAC 1.4 1.8 2.1 1.9 2.2 3.0 2.8 3.3 3.4 3.3 COMESA 24.2 29.9 36.4 32.0 36.3 34.3 39.1 36.0 39.0 36.2 ECCAS 2.0 2.6 3.2 3.4 3.6 4.5 4.2 5.3 5.6 5.7 ECOWAS 6.3 6.6 7.9 7.2 8.1 8.9 10.2 9.7 8.8 13.4 SADC 20.1 23.8 22.9 22.3 26.0 28.8 30.9 30.1 31.5 29.4 WAEMU 2.3 3.0 3.5 3.0 3.4 3.6 3.6 3.9 4.0 3.8 Middle East and Asia ASEAN 134.2 167.7 190.9 175.5 213.9 251.8 275.6 303.7 315.7 304.4 GCC 36.0 41.2 I 37.5 37.2 38.7 43.9 48.7 53.9 59.8 66.5 SAPTA 74.7 93.2 113.4 100.0 125.7 148.8 156.4 161.4 170.6 170.9 Memorandum: ACP 56.8 64.5 67.4 62.7 70.7 78.3 85.5 86.7 88.0 88.8 LDCs 11.3 14.2 18.2 18.5 20.8 25.8 28.3 32.4 35.6 36.0 2896.2 3467.5 3896.5 3467.4 3774.6 4284.0 4402.2 4664.4 4981.2 4678.7 2810.2 3328.6 3805.9 3375.7 3692.5 4162.4 4319.0 4581.3 4913.2 4611.7 WTO Members (162) Imports World North America and Europe EFTA 82.7 100.4 113.7 104.1 116.4 133.0 141.1 151.3 157.3 140.9 European Union (28) ... ... ... ... 1481.2 1635.9 1624.1 1752.5 1877.8 1716.4 NAFTA 409.1 449.7 493.6 460.2 497.0 536.5 561.0 578.3 590.3 594.0 South and Central America Andean Community 12.3 14.3 17.3 16.2 19.2 21.8 24.3 25.8 27.3 24.3 CACM 6.0 6.7 7.1 6.2 7.1 7.7 8.4 8.9 9.4 9.8 CARICOM 6.4 6.7 6.9 5.9 6.2 6.8 7.4 7.6 8.1 7.3 MERCOSUR 41.4 57.3 72.1 70.5 88.1 107.2 115.0 121.8 122.6 104.0 Africa CEMAC 8.1 9.6 11.4 10.4 12.3 14.0 13.5 14.7 14.9 ... COMESA 23.3 29.2 36.0 31.8 36.1 37.3 43.0 44.3 47.5 ... ECCAS 16.2 23.5 34.4 30.9 31.5 39.8 37.2 39.0 42.6 34.7 ECOWAS 19.5 24.4 33.1 26.6 31.0 35.3 36.6 36.0 38.9 35.8 SADC 28.4 37.9 48.3 44.0 48.5 59.2 57.3 57.2 59.5 51.0 WAEMU 5.0 6.1 7.2 6.8 7.5 8.1 8.2 9.4 9.5 9.1 Middle East and Asia ASEAN 157.3 184.0 216.4 190.1 228.7 267.2 290.9 316.8 328.1 309.6 GCC 75.0 104.3 I 122.1 109.6 122.6 153.3 164.6 169.0 190.6 185.0 SAPTA 71.7 84.9 104.5 92.6 129.2 142.1 147.9 145.7 149.4 146.5 Memorandum: ACP 74.3 92.5 116.2 102.2 117.4 136.9 138.5 138.9 144.4 128.4 LDCs 30.0 39.5 54.3 50.4 55.2 68.4 72.3 75.4 81.1 75.0 WTO Members (162) 2746.2 3250.3 3710.2 3280.2 3600.1 4064.0 4202.7 4448.0 4778.9 4489.4 World Trade Statistical Review 2016 134 A58. World merchandise exports by region and selected economy, 2005-2015 (Million dollars) North America 1475820 1664141 1840749 2035212 1601883 1964302 2283428 2372077 2417940 2492408 Bermuda 49 27 27 24 29 15 13 11 12 21 20 Canada 360475 388178 420693 456471 316094 387481 451335 455592 458318 474725 408475 Mexico 214207 249961 271821 291265 229712 298305 349569 370770 380015 397129 380772 901082 1025967 1148199 1287442 1056043 1278495 1482508 1545703 1579593 1620532 1504914United States South and Central America 371456 448945 514118 617101 474211 591869 761380 752147 732446 684889 539656 Antigua and Barbuda 83 74 59 65 51 46 56 63 68 55 55 Argentina 40351 46546 55779 70018 55672 68187 84051 79982 75963 68335 56752 Aruba (the Netherlands with respect to) 4416 4716 5206 5456 1952 265 5180 1389 279 259 450 Bahamas 549 694 802 956 711 702 834 984 955 859 520 Barbados 359 510 524 488 379 429 475 565 457 435 483 Belize 319 419 416 469 381 478 604 627 609 589 545 Bolivia, Plurinational State of 2827 3952 4504 6525 4960 6402 8358 11254 11657 12266 8261 Brazil 118529 137807 160649 197942 152995 201915 256040 242578 242034 225101 191134 Chile 41267 58680 67972 64510 55463 71109 81438 77791 76477 75675 63362 Colombia 21190 24391 29991 37626 32853 39713 56915 60125 58824 54795 35691 Costa Rica 7026 8200 9337 9504 8784 9448 10408 11433 11603 11252 9624 Cuba 2319 3159 3981 3957 3092 4914 6440 5900 5566 5187 4400 Curaçao - - - - - - 928 948 705 702 510 Dominica 42 41 37 40 33 37 29 34 35 36 37 Dominican Republic 6145 6610 7160 6748 5483 6754 8492 9069 9651 9920 | 9450 Ecuador 10100 12728 14321 18818 13863 17490 22322 23765 24848 25724 18331 El Salvador 3418 3706 4015 4641 3866 4499 5308 5339 5491 5273 5485 Grenada 28 25 33 31 29 25 31 35 38 37 30 Guatemala 5381 6025 6898 7737 7214 8463 10401 9979 10028 10834 10752 Guyana 553 588 679 795 763 880 1129 1416 1375 1167 1100 Haiti 470 509 522 480 576 579 767 815 885 951 990 Honduras 5048 5277 5784 6199 4827 6264 7977 8359 7805 8072 7810 Jamaica 1532 1948 2254 2439 1316 1328 1623 1712 1569 1452 1240 Netherlands Antilles 608 695 676 1088 810 807 - - - - Nicaragua 1654 1932 2186 2531 2391 3251 4133 4686 4794 5126 4839 Panama 7050 | 8034 8821 9817 10717 10987 14555 16215 14755 13184 11300 Paraguay 3153 3472 4724 6407 5080 6505 7763 7283 9456 9636 8361 Peru 17368 23830 28094 31019 26962 35803 46376 47411 42861 39533 34157 Saint Kitts and Nevis 34 40 34 51 38 32 45 46 41 42 40 Saint Lucia 64 94 98 164 166 215 160 182 174 161 188 Saint Vincent and the Grenadines 40 38 48 52 49 42 38 43 49 48 45 Sint Maarten - - - - - - 127 131 164 132 135 Suriname 997 1175 1359 1743 1402 2026 2467 2695 2394 2145 1680 Trinidad and Tobago 9942 14155 13396 18650 9126 10982 14944 12983 12770 11806 7285 Uruguay 3422 3989 4518 5942 5405 6724 7912 8709 9067 9133 7675 55716 65578 69980 95021 57603 65745 92811 97340 88753 74714 36700Venezuela, Bolivarian Rep. of Europe 4404322 4979263 5803062 6483418 5021188 5650067 6654099 6464042 6774158 6803608 5958012 Albania 658 798 1078 1355 1091 1545 1951 1968 2332 2431 1930 Austria 125182 136751 163620 181289 136989 152560 177428 166611 175156 178248 152335 Belgium 334400 366745 430952 471840 370125 407692 475672 445939 468760 472319 398158 Bosnia and Herzegovina 2400 3323 4152 5021 3954 4803 5850 5162 5687 5891 5100 Bulgaria 11739 15064 18518 22362 16318 20630 28208 26686 29579 29285 25690 Croatia 8795 10361 12340 14112 10403 11806 13338 12371 12659 13858 12903 Cyprus 1465 1333 1394 1633 1257 1402 1818 1740 2019 1811 1829 Czech Republic 78110 94929 122498 146799 112955 132982 162939 157041 162274 175095 158164 Denmark 85121 92558 103171 116923 93984 96440 111864 105469 110107 110887 95293 Statistical Tables 135 A58. World merchandise exports by region and selected economy, 2005-2015 (continued) (Million dollars) Estonia 7716 9692 11010 12458 9048 11591 16709 16087 16321 16052 12906 Faeroe Islands 599 651 746 852 762 839 1008 952 1087 1128 1000 Finland 65498 77206 90025 96455 62854 69518 79142 73077 74437 74361 59445 France 463428 495868 559612 616240 484781 523767 596473 568708 580963 580471 505897 FYR Macedonia 2041 2401 3398 3991 2708 3351 4478 4015 4299 4934 4490 Germany 970914 1108107 1321214 1446171 1120041 1258924 1473985 1401113 1445067 1494608 1329469 Greece 17278 20749 23578 26382 20469 27950 33819 35441 36601 36163 28617 Hungary 62936 75255 95400 108504 83008 95483 112312 103570 107503 110619 98578 Iceland 3091 3453 4783 5382 4057 4604 5347 5064 4998 5053 4745 Ireland 109657 108726 121543 125719 115928 116497 125740 116773 114356 118908 120439 Italy 373135 416875 499882 542748 406909 447301 523258 501306 518268 529899 459068 Latvia 5161 6155 8308 10144 7702 9532 13130 14112 14467 14557 12054 Lithuania 11807 14142 17144 23646 16454 20748 28050 29611 32598 32364 25573 Luxembourg 19120 22980 22933 25694 21339 19748 20866 18833 18445 19243 17298 Malta 2399 2796 3437 3481 2857 3586 4386 4250 3637 2930 2576 Montenegro - 556 626 617 388 437 628 469 494 441 353 Netherlands 406372 463629 550755 637918 497891 574251 667101 655374 671556 672671 567217 Norway 103759 122208 136354 171764 116778 130657 160410 160953 156022 144591 105372 Poland 89437 110780 140146 170458 136503 159724 188696 185374 204984 220152 198243 Portugal 38738 44750 52482 57137 44211 49406 59617 58090 62823 63907 55271 Romania 27688 32458 40488 49535 40567 49579 63035 57841 65835 69737 60586 Serbia - 6428 8825 10972 8345 9795 11779 11229 14613 14845 13355 Serbia and Montenegro 5065 - - - - - - - - - Slovak Republic 31889 41862 58516 71142 56082 64664 79830 80612 85750 86460 75584 Slovenia 19248 23230 30102 34128 26177 29200 34682 32163 34019 35969 31949 Spain 192644 213717 253297 281493 227338 254418 306551 295250 317833 324536 281836 Sweden 130962 147793 168817 183327 130781 158549 186963 172345 167550 164362 139889 Switzerland 130930 147856 172078 200759 172474 195609 234819 312464 | 357851 311203 289874 Turkey 73476 85535 107272 132027 102143 113883 134907 152462 151803 157610 143883 United Kingdom 390860 450907 441831 472168 354893 415959 506570 472792 540616 505205 460446 European Union (28) b 4082707 4606066 5366012 5954870 4613534 5183906 6092183 5808581 6074182 6154677 5387310 1305672 1446904 1691637 1925494 1525858 1793930 2163418 2163939 2305944 2261191 1984965extra-EU(28) exports Commonwealth of Independent States (CIS) 343707 430954 520475 702540 450312 589214 785950 799811 780649 735872 500344 Armenia 974 985 1152 1057 710 1011 1334 1380 1479 1547 1487 Azerbaijan 7649 13015 21269 30586 21097 26476 34495 32634 31703 28260 14500 Belarus 15979 19734 24275 32571 21304 25284 41419 46060 37203 36081 26676 Georgia 865 936 1232 1495 1134 1677 2189 2376 2910 2861 2204 Kazakhstan 27849 38250 47755 71172 43196 59971 84336 86449 84700 79460 45726 Kyrgyz Republic 672 891 1321 1856 1673 1756 1979 1894 2007 1884 1676 Moldova 1091 1052 1342 1591 1283 1541 2217 2162 2428 2340 1967 Russian Federation 243798 303551 354403 471606 303388 400630 522011 529256 523276 497764 340349 Tajikistan 909 1399 1468 1409 1010 1195 1257 1360 1162 977 900 Turkmenistan 4944 7156 8932 11945 5000 6500 13000 16500 16800 17500 14000 Ukraine 34228 38368 49296 66954 39782 51478 68460 68530 64338 54199 37859 Uzbekistan 4749 5617 8029 10298 10735 11695 13254 11210 12643 13000 13000 Africa 310977 370710 436512 562212 393483 521371 610678 639670 600484 551337 388245 Algeria 46002 54613 60163 79298 45174 57053 73489 71866 64974 62886 37787 Angola 24109 31862 44396 63914 40828 50595 67310 71093 68247 59170 34151 Benin 578 736 1047 1282 1225 1282 1410 1443 1982 2563 2032 Botswana 4425 4529 5174 4951 3456 4693 5882 5971 7911 8509 6141 Burkina Faso 468 588 623 693 900 1591 2399 2182 2356 2453 2132 Burundi 58 58 59 57 67 101 123 134 91 132 111 Cabo Verde 18 21 19 32 35 44 69 56 69 81 58 Cameroon 2861 3576 4230 5241 3552 3878 4517 4274 4514 4926 3760 Central African Republic 128 158 178 150 120 140 190 203 116 96 90 World Trade Statistical Review 2016 136 A58. World merchandise exports by region and selected economy, 2005-2015 (continued) (Million dollars) Chad 3081 3352 3666 4169 2800 3600 4800 4800 3900 3900 2900 Comoros 12 10 14 7 15 21 26 20 21 23 ... Congo 4745 6078 5635 8325 6100 9400 11851 10275 9028 8977 4650 Congo, Dem. Rep. of 2403 2705 3100 4400 3500 5300 6600 6300 6200 6900 5800 Côte d'Ivoire 7697 8477 8669 10390 11327 11410 12635 12124 13247 12574 11158 Djibouti 40 55 58 69 77 85 93 118 120 129 132 Egypt 12912 16728 19224 26224 23062 26438 30528 29409 28493 26367 19051 Equatorial Guinea 7064 8207 10210 15218 9100 10000 13500 15500 14700 12600 6700 Eritrea 11 12 13 11 11 13 430 480 337 664 500 Ethiopia 903 1043 1277 1602 1618 2330 2875 2891 4077 4469 3825 Gabon 5065 5450 6309 9566 5356 8686 9766 9493 8950 8473 5074 Ghana 2802 3727 4195 5270 5840 7960 12785 13552 13752 13217 9551 Guinea 853 1033 1203 1342 1050 1471 1433 1928 1701 2007 2071 Guinea-Bissau 89 74 107 128 122 127 242 131 153 166 259 Kenya 3420 3502 4081 5001 4463 5169 5756 6127 5856 6115 5906 Lesotho 651 718 830 884 734 878 1172 972 847 826 775 Liberia, Republic of 131 158 200 242 149 222 367 460 559 587 260 Libya 31358 40260 46970 62100 36951 48673 18996 60946 43500 21000 10200 Madagascar 855 985 1238 1310 1052 1149 1590 1516 1923 2196 2258 Malawi 509 668 869 879 1188 1066 1425 1183 1208 1342 1375 Mali 1101 1550 1556 2097 1774 1996 2374 2610 2339 2779 2532 Mauritania 625 1367 1454 1788 1364 2074 2749 2641 2652 1935 1502 Mauritius 2143 2329 2238 2384 1939 2261 2565 2649 2869 2650 2457 Morocco 11190 12744 15340 20345 14054 17771 21654 21446 21972 23826 21886 Mozambique 1783 2381 2412 2653 2147 3000 3604 3856 4024 4725 4195 Namibia 2070 2647 2922 3141 3146 4026 4407 4389 4629 4620 4082 Niger 489 508 663 910 1000 1150 1250 1450 1600 1450 1050 Nigeria 50467 58726 66606 86274 56742 84000 116000 114700 102400 94200 48400 Rwanda 125 147 177 268 235 297 464 591 703 723 659 Sao Tome and Principe 7 8 7 11 8 11 11 12 13 17 15 Senegal 1578 1594 1674 2170 2017 2161 2542 2532 2666 2814 2532 Seychelles 340 380 360 430 395 400 483 497 578 539 429 Sierra Leone 158 231 245 216 231 341 350 1122 1917 1552 727 Somalia … … … … … … … … … … … South Africa 51626 58175 69784 80782 61677 91347 | 108815 99606 95938 91047 81673 Sudan 4824 5657 8879 11671 8257 11404 10193 4066 4790 4454 2985 Swaziland 1640 1660 1740 1570 1660 1800 1910 1926 1895 1902 1697 Tanzania 1679 1865 2139 3121 2982 4051 4735 5547 4953 5046 4924 The Gambia 7 11 13 14 66 68 95 119 106 104 108 Togo 660 630 677 853 903 976 1179 1314 1522 1326 1227 Tunisia 10494 11694 15165 19320 14445 16427 17847 17007 17060 16756 14073 Uganda 813 962 1337 1724 1568 1619 2159 2357 2408 2262 2245 Zambia 1810 3770 4617 5099 4312 7200 9001 9365 10594 9688 6961 Zimbabwe 1850 2000 2400 2200 2269 3199 3512 3882 3507 3064 2716 Middle East 541236 659499 766232 1034138 722224 906815 1267385 1348514 1346506 1286906 840573 Bahrain, Kingdom of 10242 12200 13634 17316 11874 14971 19650 19768 20927 20520 11200 Iran 56252 77012 88733 113668 78830 101316 132000 104000 82500 88800 63000 Iraq 23697 29361 41268 61273 41929 52483 83226 94392 89742 84630 49320 Israel 42770 46789 54091 61337 47935 58413 67796 63141 66781 68686 63673 Jordan 4302 5204 5725 7938 6375 7028 8006 7887 7913 8385 7829 Kuwait, the State of 44869 56016 62691 87457 54008 69978 102103 118912 115105 104315 55092 Lebanese Republic 2337 2814 3574 4454 4187 5021 5664 5615 5170 4548 3982 Oman 18692 21585 24692 37719 27651 36601 47092 52138 56429 53221 39244 Qatar 25762 34051 42020 67307 48007 74964 114448 132962 136767 126703 77294 Saudi Arabia, Kingdom of 180711 211305 233329 313462 192314 251143 364699 388401 375873 342299 201739 Statistical Tables 137 A58. World merchandise exports by region and selected economy, 2005-2015 (continued) (Million dollars) Syrian Arab Republic 8708 10919 11546 15410 10855 12796 11000 4000 2000 2000 2200 United Arab Emirates 117287 145587 178630 239213 192000 214000 302000 349000 379000 375000 265000 Yemen 5608 6654 6299 7584 6259 8100 9700 8300 8300 7800 1000 Asia a 3060839 3576140 4141180 4724686 3890700 5076344 5975096 6120021 6295824 6440019 5961206 Afghanistan 384 416 454 540 403 388 376 429 515 571 470 Australia 106097 123437 141358 187257 154331 212634 271733 256675 252981 241238 188445 Bangladesh 9297 11802 12453 15370 15083 19194 24439 25127 29114 30405 32379 Bhutan 258 414 675 521 496 641 675 535 544 409 585 Brunei Darussalam 6249 7636 7668 10319 7200 8907 12465 13001 11447 10509 6600 Cambodia 3092 3692 4088 4708 4196 5143 6704 7838 9248 10860 11960 China 761953 968978 1220456 1430693 1201612 1577754 1898381 2048714 2209005 2342293 2274949 Fiji 701 694 755 922 630 841 1069 1221 1108 1373 1200 French Polynesia 217 235 197 195 148 153 168 139 151 170 130 Hong Kong, China 292119 322669 349386 370242 329422 400692 455573 492907 535187 524065 510596 domestic exports 20050 22765 18109 16958 16839 14798 16846 22371 19826 15599 13075 re-exports 272069 299904 331276 353284 312583 385894 438727 470537 515361 508466 497521 India 99616 121808 150159 194828 164909 226351 302905 296828 314848 322694 267147 Indonesia 86996 103527 118013 139606 119646 157779 203497 190032 182552 176293 150282 Japan 594941 646725 714327 781412 580719 769774 823184 798568 715097 690217 624939 Kiribati 4 6 10 8 6 4 9 6 7 5 9 Korea, Republic of 284419 325465 371489 422007 363534 466384 555214 547870 559632 572664 526755 Lao People's Dem. Rep. 553 882 923 1092 1053 1746 2190 2271 2264 2662 2340 Macao, China 2476 2557 2543 1997 961 870 869 1021 1138 1241 1339 Malaysia 141626 160749 175966 199414 157244 198612 228086 227538 228331 233927 199869 Maldives 162 225 228 331 169 198 346 314 331 301 240 Mongolia 1065 1543 1889 2539 1903 2899 4818 4385 4269 5775 4670 Myanmar 3776 4539 6253 6882 6662 8661 9238 8877 11233 11031 5950 Nepal 863 838 868 939 823 856 919 911 879 889 720 New Caledonia 1093 1352 2104 1300 993 1493 1663 1326 1226 1602 1314 New Zealand 21730 22409 26943 30580 24933 31396 37669 37305 39445 41622 34359 Northern Mariana Islands 691 509 329 115 9 5 2 4 4 2 2 Pakistan 16051 16930 17838 20323 17523 21410 25383 24567 25121 24706 22188 Palau 13 14 11 10 6 6 6 9 7 6 5 Papua New Guinea 3273 4166 4681 5713 4394 5742 6908 6328 5951 5670 5520 Philippines 41255 47410 50466 49078 38436 51496 48305 52099 56698 62100 58648 Samoa 87 65 97 72 46 70 66 76 62 50 53 Singapore 229649 271807 299308 338176 269832 351867 409503 408393 410250 409787 350506 domestic exports 124546 143176 156038 175702 138064 182726 223913 228161 219114 216297 173834 re-exports 105103 128631 143270 162474 131769 169141 185590 180232 191135 193490 176672 Solomon Islands 103 121 165 210 165 224 418 500 448 456 402 Sri Lanka 6347 6886 7740 8452 7345 8602 10236 9380 10208 11298 10470 Chinese Taipei 198432 224017 246677 255629 203675 274601 308257 306409 311428 320092 285421 Thailand 110936 129722 153867 177778 152422 193306 222576 229106 228505 227524 214375 Timor-Leste 8 8 8 13 8 16 13 31 16 14 15 Tonga 10 10 8 9 8 8 14 16 17 19 16 Tuvalu 0 0 0 0 0 0 0 0 0 0 0 Vanuatu 38 49 50 57 57 49 67 55 39 63 62 Viet Nam 32442 39826 48561 62685 57096 72237 96906 114529 132033 150217 162107 World excluding a intra-EU (28) exports 7732111 8971372 10348918 12130988 9467322 11911140 14409249 14851641 15179769 15101552 13079871 Europe excluding intra-EU (28) exports 1627287 1820101 2128687 2454042 1933511 2260091 2725334 2819401 3005921 2910121 2555667 a Includes significant re-exports. Breaks in the continuity of the value series for particular countries and regional groupings are indicated by an 'I'. They result mainly from changes in the methods of collecting and reporting merchandise trade statistics. It should be noted that the World and Asia totals contain a significant element of double counting due to the use of the general system of recording merchandise trade statistics which includes re-exports. Recent figures for a number of countries and territories have been estimated by the Secretariat. World Trade Statistical Review 2016 138 A59. World merchandise imports by region and selected economy, 2005-2015 (Million dollars) North America 2284427 2541720 2702089 2908063 2177865 2683150 3091742 3194299 3196937 3305200 3150588 Bermuda 985 1094 1167 1159 1064 972 900 900 1012 969 900 Canada b 322411 359000 390188 419011 329907 402690 463640 476296 475778 479985 436372 Mexico 228240 263476 290246 318304 241515 310205 361068 380477 390965 411581 405280 1732706 1918077 2020403 2169487 1605296 1969184 2266024 2336524 2329060 2412547 2307946United States South and Central America 308822 374046 467798 608591 451766 584680 735618 746358 770058 739347 621837 Antigua and Barbuda 506 624 728 743 534 501 430 492 503 500 500 Argentina 28689 34152 44706 57462 38786 56793 74319 67974 74442 65229 59787 Aruba (the Netherlands with respect to) b 4288 4723 5126 6011 2449 1394 5917 2046 1377 1350 1270 Bahamas 2312 2727 2956 3199 2535 2591 2966 3386 3166 3309 2780 Barbados 1604 1697 1746 1920 1449 1569 1805 1780 1759 1739 1618 Belize 593 660 684 837 669 706 831 861 928 1004 975 Bolivia, Plurinational State of 2431 2916 3586 5081 4545 5590 7927 8578 9338 10519 9602 Brazil 77628 95838 126645 182377 133677 191537 236964 233398 250556 239152 178798 Chile 32735 38406 47164 62787 42806 59207 74695 80073 79249 72159 63039 Colombia 21204 26162 32897 39669 32898 40486 54233 59048 59381 64029 54058 Costa Rica 9824 11548 12952 15372 11395 13570 16220 17591 18014 17186 15503 Cuba 8084 10258 10886 15373 9619 11496 14243 13869 14773 13114 15000 Curaçao - - - - - - 2130 2254 1906 1819 1560 Dominica 165 167 196 247 225 224 226 208 203 230 220 Dominican Republic b 9869 12174 13597 15993 12296 15489 17409 17739 16873 17288 | 17200 Ecuador 10287 12114 13893 18852 15090 20591 24438 25477 27146 27726 21518 El Salvador 6690 7663 8821 9818 7325 8416 9965 10258 10772 10513 10416 Grenada 328 299 365 363 282 318 336 341 368 340 355 Guatemala 10499 11915 13576 14547 11531 13838 16613 16994 17515 18276 17636 Guyana 788 889 1059 1312 1161 1397 1771 1997 1875 1791 1550 Haiti 1454 1619 1682 2315 2124 3146 3020 3170 3403 3733 3400 Honduras b 6545 7303 8888 10453 7372 8907 11126 11371 10953 11070 11180 Jamaica 4739 5650 6893 8465 5064 5225 6439 6331 6219 5838 5070 Netherlands Antilles 1950 2209 2549 3079 2607 2622 - - - - Nicaragua b 2956 3404 3989 4731 3929 4792 6355 6778 6688 6946 7090 Panama 9600 | 10775 13269 15737 13877 16737 21802 22821 21795 21200 18770 Paraguay 3715 4744 5859 9033 6940 10033 12366 11555 12142 12169 10291 Peru 12502 15312 20368 29953 21814 30030 37747 42545 43670 42346 37850 Saint Kitts and Nevis 210 250 272 325 296 270 247 226 249 268 280 Saint Lucia 486 592 614 656 520 662 697 644 620 627 570 Saint Vincent and the Grenadines 240 271 327 373 333 338 332 356 370 362 325 Sint Maarten - - - - - - 734 768 924 959 995 Suriname 1050 1013 1044 1304 1390 1398 1638 1994 2174 2012 2030 Trinidad and Tobago 5694 6484 7663 9591 6955 6480 9511 9065 8871 8386 6495 Uruguay 3879 4806 5628 9069 6907 8622 10726 11652 11642 11485 9489 24027 33616 46097 50450 41540 39000 48000 51331 48773 43170 33000Venezuela, Bolivarian Rep. of Europe 4579875 5252937 6117235 6895464 5217038 5904385 6923232 6620836 6720446 6798446 5898820 Albania 2618 3058 4188 5251 4550 4406 5396 4882 4902 5230 4318 Austria 127327 137212 163037 184293 143063 159009 191417 178513 183277 182006 155235 Belgium 318700 351635 411558 466307 353364 391177 466943 439128 451677 454632 375267 Bosnia and Herzegovina 7070 7345 9720 12189 8773 9223 11051 10019 10295 10990 9000 Bulgaria 18163 23270 29961 36908 23539 25513 32582 32710 34303 34698 29298 Croatia 18599 21477 25617 30728 21123 20067 22663 20832 22022 22790 20460 Cyprus 6316 6928 8615 10644 7835 8569 8678 7296 6314 6761 5567 Czech Republic 76512 93191 118169 142038 105048 126652 152125 141412 144259 154375 140479 Denmark 75581 85507 98027 109362 83133 83052 95663 91925 96589 99349 85522 Statistical Tables 139 A59. World merchandise imports by region and selected economy, 2005-2015 (continued) (Million dollars) Estonia 10238 13449 15677 16026 10140 12287 17459 18085 18459 18301 14510 Faeroe Islands 743 790 1016 988 783 780 987 1153 1115 1065 900 Finland 58766 69375 81704 91781 60889 68803 84264 76468 77570 76747 60089 France 504124 541919 630861 716795 560873 611070 720028 674415 681467 676603 572661 FYR Macedonia 3228 3763 5281 6883 5073 5474 7027 6522 6620 7277 6400 Germany 777073 906684 1054983 1185067 926347 1054814 1254869 1154852 1181233 1207041 1050025 Greece 54436 63619 78532 92580 69448 66913 67475 63329 62166 63774 48417 Hungary 66552 78262 95565 108940 77761 88178 102440 95176 100111 104923 92600 Iceland 4979 6137 6738 6205 3604 3920 4841 4772 5020 5375 5295 Ireland 68565 73118 83822 83965 62704 60276 66606 62769 65853 73089 71336 Italy 384790 442555 511662 561919 415105 487049 558787 488600 479447 474193 408932 Latvia 8697 11541 15322 16143 9811 11691 16290 17227 17865 17650 14312 Lithuania 15548 19373 24412 31099 18304 23403 31773 31965 34806 34394 28278 Luxembourg 22607 27145 28029 32157 25330 25092 28860 27543 26916 26701 23431 Malta 3681 4307 4801 5300 4478 5062 6293 6598 6142 6818 5772 Montenegro - 1842 2867 3731 2313 2182 2544 2336 2349 2367 2049 Netherlands 363822 416832 492616 580937 443153 516409 594366 586927 589697 589440 505806 Norway 55488 64261 80297 90293 68970 77330 90784 87308 89808 89185 76228 Poland 101639 126989 165710 208804 149459 178049 210597 199060 207607 223674 192601 Portugal 63921 70684 82129 94416 71663 77749 82896 72429 75719 78350 66701 Romania 40518 51160 70314 84053 54324 62109 76480 70207 73481 77790 69867 Serbia - 13172 19164 24331 16047 16735 19862 18925 20543 20609 18173 Serbia and Montenegro 11635 - - - - - - - - - Slovak Republic 34649 44986 60616 73912 55650 65026 79842 77398 81735 81953 73509 Slovenia 20337 24141 31559 37034 26507 30094 35531 32035 33373 33945 29706 Spain 288786 328696 389301 420803 293218 327016 376606 337338 340598 358924 309292 Sweden 111697 127547 153226 168503 119876 148946 177026 164436 160609 162217 137625 Switzerland 126574 141400 161180 183574 155378 176281 208220 295961 | 321509 275742 251873 Turkey 116774 139576 170063 201964 140928 185544 240842 236545 251661 242177 207199 United Kingdom 519273 612671 638263 657783 519078 591095 676896 695220 660034 690466 625806 European Union (28) 4249661 4870288 5655159 6358376 4809188 5421065 6330061 5950949 6004976 6136962 5316085 extra-EU(28) imports 1472931 1713400 1982854 2331558 1723465 2031090 2401296 2306307 2236738 2243476 1913739 Commonwealth of Independent States (CIS) 215610 279773 378973 500089 333314 415446 541197 571863 571380 506153 344536 Armenia 1802 2192 3268 4426 3321 3783 4145 4261 4386 4424 3254 Azerbaijan 4350 5269 6045 7574 6514 6746 10166 10417 10321 9332 9400 Belarus 16708 22351 28693 39381 28569 34884 45759 46404 43023 40502 30312 Georgia 2490 3678 5215 6302 4500 5257 7065 8037 8012 8593 7724 Kazakhstan 17353 23677 32756 37889 28409 31107 36906 46358 48806 41296 30186 Kyrgyz Republic 1102 1931 2789 4072 3040 3223 4261 5374 6070 5735 4070 Moldova 2292 2693 3690 4899 3278 3855 5191 5213 5492 5317 3987 Russian Federation b 125434 164281 223486 291861 191803 248634 323831 335446 341335 308027 194087 Tajikistan 1330 1723 2455 3273 2570 2657 3206 3778 4151 4297 3400 Turkmenistan 2947 2560 3619 5600 6800 5700 7600 9900 10000 10300 7800 Ukraine 36136 45039 60618 85535 45487 60911 82594 84639 76787 54330 36317 Uzbekistan 3666 4380 6340 9277 9023 8689 10472 12034 12998 14000 14000 Africa 256523 302868 374929 481396 411217 478977 566650 615618 635498 648750 559117 Algeria 20357 21456 27631 39479 39294 40473 47247 50378 55028 58580 51501 Angola b 8353 8778 13661 20982 22660 16667 20228 23717 26344 28587 21703 Benin 1018 1228 2037 2289 2064 2054 2129 2339 3010 3823 3028 Botswana 3161 3086 4067 5211 4728 5657 7272 8025 8352 8071 6348 Burkina Faso 1260 1319 1678 2018 1870 2048 2406 3129 3823 3136 2647 Burundi 269 431 319 403 402 509 752 751 811 769 755 Cabo Verde 438 542 750 825 709 742 947 766 725 772 563 Cameroon 2735 3150 4657 5686 4442 5133 6800 6515 6649 7049 6661 Central African Republic 175 203 249 300 270 300 310 323 213 381 348 World Trade Statistical Review 2016 140 A59. World merchandise imports by region and selected economy, 2005-2015 (continued) (Million dollars) Chad 950 1350 1800 2000 2000 2400 3300 2800 3000 3100 2200 Comoros 99 115 138 180 210 233 277 273 284 278 232 Congo b 1304 2013 2530 3050 2900 4000 5007 5485 6080 7475 7747 Congo, Dem. Rep. of 2690 2892 3400 4300 3900 4500 5500 6100 6300 6600 6200 Côte d'Ivoire 5865 5820 6683 7884 6960 7849 6720 9770 12483 11178 9915 Djibouti b 277 336 473 574 451 374 511 564 719 803 890 Egypt 22449 27300 37100 48382 44946 52923 58903 69200 59662 71282 65044 Equatorial Guinea 1310 2020 2767 3787 5200 5200 6500 6900 5800 5600 4200 Eritrea 490 495 510 600 590 660 950 970 1030 1131 1053 Ethiopia 4095 5207 5809 8277 7668 8602 8896 11913 14899 18991 19063 Gabon 1471 1725 2157 2563 2501 2983 3665 3629 3754 3857 3033 Ghana 5347 6754 8061 10269 8046 10922 15838 17763 17600 14600 13291 Guinea 820 956 1218 1366 1060 1405 2106 2254 2230 2242 1971 Guinea-Bissau b 106 127 168 199 202 196 240 182 183 214 229 Kenya 5846 7233 8989 11128 10202 12093 14782 16290 16358 18396 16093 Lesotho 1410 1500 1738 1800 1850 2300 2500 2602 2175 2144 1954 Liberia, Republic of 310 467 499 813 551 710 1044 1005 1150 2100 2237 Libya 6079 6041 6733 9150 12859 17674 8000 22000 27000 19000 13000 Madagascar 1706 1804 2635 3781 3199 2584 2905 3094 3260 3227 3173 Malawi 1165 1207 1378 2204 2022 2173 2428 2360 2845 2774 2932 Mali 1544 1820 2185 3339 2486 3428 3352 3524 3807 4009 3167 Mauritania 1428 1167 1432 1941 1498 1935 2467 3129 3044 2646 2053 Mauritius 3157 3627 3894 4651 3733 4386 5149 5354 5397 5610 4792 Morocco 20790 23980 32010 42366 32881 35381 44272 44872 45190 45832 37514 Mozambique 2408 2869 3050 4008 3764 4600 6312 8688 10099 8747 8293 Namibia 2577 2884 3520 4340 4980 5570 6593 7256 7143 7883 7426 Niger 943 949 1149 1696 2200 2476 2190 1900 2020 2190 1990 Nigeria 20754 26523 34830 49951 33906 44235 56000 51000 56000 60000 48000 Rwanda 471 | 591 771 1174 1308 1431 2039 2300 2302 2563 2570 Sao Tome and Principe 50 71 79 114 103 112 134 131 152 170 150 Senegal 3498 | 3671 4871 6528 4713 4782 5909 6434 6659 6557 5675 Seychelles 675 757 859 1087 794 984 1049 1071 1083 1143 991 Sierra Leone 345 389 445 534 520 770 1717 1604 1780 1568 1477 Somalia … … … … … … … … … … … South Africa 62304 78715 88450 101640 74054 96835 124430 127154 126359 121965 104620 Sudan 6757 8074 8775 9352 9691 10045 9236 9230 9918 9211 8585 Swaziland 1890 1910 1840 1580 1780 1960 1950 1848 1693 1690 1432 Tanzania 3287 4246 5337 7703 6411 7874 10799 11346 12120 11998 10285 The Gambia 260 259 321 322 304 285 341 380 350 387 410 Togo 1060 1085 1237 1509 1509 1683 2187 2380 2769 2529 2127 Tunisia 13177 15007 19099 24638 19096 22215 23952 24471 24266 24828 20221 Uganda 2054 2557 3493 4526 4247 4664 5631 6044 5818 6074 5780 Zambia 2558 3074 4007 5060 3832 5321 7178 8805 10162 9539 8451 Zimbabwe 2350 2300 2550 2950 2900 3800 4400 4400 4300 4200 4000 Middle East 335424 375848 469613 603448 512323 581379 679446 736505 768948 782320 706574 Bahrain, Kingdom of 9393 10515 11488 14980 10100 12260 12730 12830 14360 13910 9700 Iran 40041 40772 44942 57401 50768 65404 61760 57092 49000 51000 42500 Iraq 23532 20892 21516 33000 38437 43915 47803 56234 61000 59000 52000 Israel 47142 50334 59039 67656 49278 61209 75830 75392 74861 75483 64813 Jordan 10498 11548 13681 16995 14236 15564 18930 20752 22067 22930 20332 Kuwait, the State of 15801 17243 21362 24840 19892 22675 25090 27259 29299 31484 31539 Lebanese Republic 9633 9647 12251 16754 16574 18460 20750 21945 22024 21135 18438 Oman 8971 11039 16025 23137 17936 19973 24019 28636 35577 29305 10100 Qatar 10061 16440 23429 27900 24922 23240 29888 34200 34900 34600 37000 Saudi Arabia, Kingdom of 59459 69800 90214 115134 95552 106863 131586 155593 168155 173834 172252 Statistical Tables 141 A59. World merchandise imports by region and selected economy, 2005-2015 (continued) (Million dollars) Syrian Arab Republic 10862 11488 14655 18105 15443 17562 16800 7300 5400 6700 5000 United Arab Emirates 84654 100057 132500 177000 150000 165000 203000 226000 239000 250000 230000 Yemen 5378 6074 8511 10546 9185 9255 11260 13273 13305 12940 12900 Asia a 2889469 3333931 3819456 4574836 3677709 4861780 5965599 6219457 6347915 6324101 5443484 Afghanistan 2471 2744 3022 3020 3336 5154 6515 9069 8724 7729 5571 Australia 125281 139253 165336 200273 165471 201639 243701 260940 242140 236933 208419 Bangladesh 13889 16034 18596 23860 21833 27821 36214 34173 37085 42268 39460 Bhutan 386 420 526 543 529 854 1043 991 909 927 1170 Brunei Darussalam 1491 1676 2101 2572 2449 2538 3629 3572 3612 3599 2585 Cambodia b 3927 4771 5439 6508 5830 6791 9300 11350 12800 13500 14400 China 659953 791461 956116 1132567 1005923 1396247 1743484 1818405 1949990 1959233 1681951 Fiji 1607 1804 1800 2264 1440 1808 2182 2253 2826 3250 2940 French Polynesia 1723 1656 1863 2169 1717 1726 1796 1705 1815 1762 1527 Hong Kong, China 300160 335754 370132 392962 352241 441369 510855 553486 621417 600613 559427 retained imports 75269 86097 93791 98927 88672 112587 131822 136229 142411 149882 133872 India 142870 178410 229370 321032 257202 350233 464462 489694 465397 462910 391977 Indonesia 75725 80650 93101 127538 93786 135663 177436 191691 186629 178179 142695 Japan 515866 579064 622243 762534 551981 694059 855380 885843 833166 812185 648494 Kiribati 74 62 70 75 67 73 92 109 97 95 100 Korea, Republic of 261238 309383 356846 435275 323085 425212 524413 519585 515584 525514 436499 Lao People's Dem. Rep. 882 1060 1067 1403 1461 2060 2404 3055 3081 4271 3860 Macao, China 4514 5236 6045 5880 4751 5629 7927 8982 10140 11396 10603 Malaysia 114324 130441 146170 156348 123757 164622 187473 196393 205897 208851 175961 Maldives 745 927 1096 1388 963 1091 1465 1554 1733 1993 1870 Mongolia 1184 1486 2117 3616 2131 3278 6598 6738 6358 5237 3797 Myanmar 1908 2538 3247 4256 4348 4760 9019 9201 12043 16226 15920 Nepal 2283 2492 3122 3590 4384 5133 5774 6066 6571 7561 6380 New Caledonia 1774 2117 2809 3233 2574 3312 3698 3245 3240 3323 2715 New Zealand 26219 26424 30882 34369 25574 30617 37105 38254 39641 42518 36563 Northern Mariana Islands 591 489 300 160 70 90 90 90 100 125 129 Pakistan 25357 29825 32590 42329 31668 37807 44012 44105 44647 47434 44219 Palau 105 115 116 130 90 107 129 142 169 180 190 Papua New Guinea 1729 2260 2945 3510 3210 3950 4760 5330 6080 4000 3400 Philippines 49487 54078 57996 60420 45878 58468 63693 65350 65705 67719 69920 Samoa 239 275 266 288 231 310 346 346 367 384 334 Singapore 200047 238710 263155 319780 245785 310791 365770 379723 373016 366247 296745 retained imports 94944 110079 119885 157306 114016 141650 180180 199491 181881 172757 120073 Solomon Islands 185 217 294 328 268 404 469 486 521 509 418 Sri Lanka 8834 10258 11301 13953 10049 13512 20269 19190 18003 19417 19050 Chinese Taipei 182614 202698 219252 240448 174371 251236 281438 277324 278010 281850 237549 Thailand 118178 128773 139966 179225 133709 182921 228787 249115 250407 227748 202654 Timor-Leste 109 101 183 269 295 246 319 664 843 858 850 Tonga 121 116 143 168 145 159 193 199 198 219 205 Tuvalu 13 13 16 26 14 16 25 30 14 12 11 Vanuatu 149 217 229 314 294 285 304 296 313 313 388 Viet Nam 36761 45015 62682 80714 69949 84839 106750 113780 132033 147849 166103 World excluding a intra-EU (28) imports 8093754 9304605 10658179 12545480 9695897 12120694 14574719 15060295 15242945 15210831 13322611 Europe excluding intra-EU (28) imports 1803146 2096049 2444930 2868646 2131315 2514409 2994467 2976195 2952208 2904959 2496475 It should be noted that the World and Asia totals contain a significant element of double counting due to the use of the general system of recording merchandise trade statistics which includes re-exports. Recent figures for a number of countries and territories have been estimated by the Secretariat. a Includes significant imports for re-export. b Imports are valued f.o.b. Breaks in the continuity of the value series for particular countries and regional groupings are indicated by an 'I'. They result mainly from changes in the methods of collecting and reporting merchandise trade statistics. World Trade Statistical Review 2016 142 A60. World exports of commercial services by region and selected economy, 2006-2015 (Million dollars) 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 World 2942000 3522900 3964000 3533600 3842000 4349500 4468000 4747300 5063800 4754000 North America 479800 555600 606300 575400 635400 706200 738800 775200 797700 790300 Bermuda 1490 1585 1431 1273 1342 1393 1330 1316 1317 1308 Canada 64883 69289 73471 67075 75297 83665 87765 88722 85181 76292 Mexico 15888 17233 17667 14821 15233 15581 16146 20194 21086 22609 397516 467475 513733 492184 543549 605590 633576 664948 690127 690061 83420 99156 113706 103213 116144 132624 140766 143967 146807 140030 United States South and Central America Anguilla 122 133 122 109 113 128 127 136 141 147 Antigua and Barbuda 462 510 547 499 466 469 470 452 463 473 Argentina 7713 10007 11689 10542 13173 15088 14813 14369 13488 13652 Aruba (the Netherlands with respect to) 1290 1452 1586 1518 1545 1663 1741 1863 2022 2082 Bahamas 2403 2566 2493 2311 2456 2446 2648 2631 2671 2695 Barbados 1579 1667 1792 1465 1601 1257 1206 1385 1359 1429 Belize 343 371 356 317 325 311 371 421 465 468 Bolivia, Plurinational State of 673 676 734 702 688 927 1105 1197 1329 1528 Brazil 16978 22615 28822 26245 29273 35331 37393 36482 39047 32989 Chile 7861 9030 10738 8493 11149 13105 12387 12452 10967 9737 Colombia 3675 3899 4496 4495 5023 5543 6335 6772 6782 7150 Costa Rica 4015 5584 5765 3913 4719 5492 6292 6737 6890 7676 Cuba 7201 8588 9252 8444 10546 11149 12760 13027 12663 10551 Curaçao - - - - - 1342 1486 1636 1753 1511 Dominica 99 108 111 106 131 143 108 115 117 130 Dominican Republic 6560 6779 6813 6210 5170 5446 5778 6095 6691 7200 Ecuador 965 1118 1357 1245 1375 1490 1694 1911 2218 2217 El Salvador 1477 1516 1506 1263 1466 1578 1805 2019 2165 2257 Grenada 129 167 166 150 150 157 161 161 184 194 Guatemala 1410 1619 1977 1982 2168 2123 2318 2417 2687 2644 Guyana 148 173 212 170 248 298 298 165 181 ... Haiti 140 203 373 429 402 487 493 595 643 677 Honduras 1810 1831 2006 1841 2076 2221 2210 2304 2465 2634 Jamaica 2613 2670 2763 2616 2600 2587 2661 2641 2828 2912 Montserrat 14 14 14 12 11 12 13 14 16 16 Netherlands Antilles 1991 2111 2089 2060 1965 - - - - Nicaragua 500 625 803 814 848 1048 1157 1237 1302 1342 Panama 3936 4315 5125 5457 6350 8021 9243 10035 10721 11176 Paraguay 277 425 397 451 573 650 667 772 824 794 Peru 2533 3022 3514 3499 3552 4121 4770 5665 5721 6070 Saint Kitts and Nevis 172 168 155 126 129 137 137 145 156 159 Saint Lucia 342 354 362 350 368 378 389 406 444 445 Saint Vincent and the Grenadines 169 159 151 137 136 137 138 138 140 147 Sint Maarten - - - - - 899 1039 1063 1122 ... Suriname 214 219 232 257 207 191 160 165 198 167 Trinidad and Tobago 802 910 918 758 869 1020 ... ... ... ... Uruguay 1361 1804 2241 2283 2654 3607 3567 3447 3311 2967 1445 1748 2028 1944 1617 1621 1806 1849 1562 1456 1571700 1885100 2104100 1845600 1890000 2128200 2127600 2298900 2450800 2209200 Venezuela, Bolivarian Rep. of Europe Albania 1623 2083 2674 2589 2536 2776 2384 2242 2455 2208 Austria 45138 53872 62465 53303 52178 58564 57266 63883 66638 57947 Belgium 59994 74713 94829 90406 96527 103167 104340 110572 121977 109347 Bosnia and Herzegovina 1137 1985 2238 1880 1860 1867 1725 1768 1832 1640 Bulgaria ... 8283 9753 8342 8075 8983 8791 9098 8948 7923 Croatia 11170 13012 15771 12626 11944 13073 12458 13038 13602 12510 Cyprus ... ... 10445 9111 9060 9855 9220 10240 10030 8774 Czech Republic 15516 18970 23695 20570 21463 24676 24314 24578 25202 22838 Denmark 52289 62281 73707 56748 61035 66810 66942 70947 72502 60919 Estonia 3781 4658 5644 4568 4676 5577 5688 6425 7003 5820 Statistical Tables 143 A60. World exports of commercial services by region and selected economy, 2006-2015 (continued) (Million dollars) 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Faeroe Islands 175 214 252 170 191 207 200 ... ... ... Finland 17891 23476 31913 28121 27616 29176 28512 29347 27916 24184 France 164544 195791 223126 192817 201110 235006 233702 255311 274699 239682 FYR Macedonia 738 1034 1241 1086 975 1443 1361 1527 1690 1515 Germany 175175 205412 236270 217755 220044 245239 242023 261184 272441 247309 Greece 35744 43098 50503 37854 37093 39153 34583 37044 40954 30757 Hungary 13471 16947 20351 18427 19301 24056 20488 22498 24359 21412 Iceland 2182 2996 2757 2662 3001 3436 3480 3975 4249 4250 Ireland 66114 81357 90431 85172 89922 104716 109507 122703 134651 127713 Italy 101047 115102 114703 95994 99779 109065 107065 110628 114116 98553 Latvia 3004 4336 5327 4355 4004 4788 4803 5140 5064 4442 Lithuania 3590 4198 5009 4043 4457 5525 6059 7098 7699 6587 Luxembourg 49794 63261 67674 57095 61979 72197 75473 88528 99455 95111 Malta 5220 6594 9790 9831 10025 11011 10644 11320 12202 10637 Montenegro ... 933 1193 1053 1053 1276 1211 1317 1368 1347 Netherlands ... ... ... ... 159758 173467 166448 177060 194824 178068 Norway 31813 37600 42385 35166 41206 40882 46372 48575 49305 40290 Poland 22510 31700 38136 31288 35173 41212 41763 44491 48011 43425 Portugal 18195 22979 25792 22383 22573 26577 25502 28869 31112 27775 Romania 12242 13046 16318 11759 10348 12038 12608 17812 19925 18534 Serbia ... 3131 4002 3481 3512 4200 3967 4544 5033 4232 Slovak Republic 7343 8633 9434 6590 6402 7261 7761 9143 9062 8031 Slovenia 4545 5751 7435 6138 6156 6810 6553 7046 7350 6600 Spain ... ... ... ... ... ... 121870 125639 132044 117442 Sweden 43188 53261 58654 49908 52812 64683 65423 71320 75580 70980 Switzerland 69899 83939 94885 90012 92796 105784 107407 112501 116629 108013 Turkey 25756 29601 36649 35355 35970 40753 42815 47400 51030 45910 United Kingdom 264987 311472 303617 261373 265793 304080 317153 332276 361350 345052 European Union (28) … … … … 1706251 1924750 1915884 2074090 2216048 1998792 … … … … 744461 845211 863637 944066 1005359 914715Extra-EU (28) exports Commonwealth of Independent States (CIS) 58200 72700 92500 76100 85600 101100 111100 121900 111400 93700 Armenia 584 755 828 776 1001 1286 1376 1493 1594 1484 Azerbaijan 867 1380 1576 2020 2397 2934 4681 4106 4269 4423 Belarus 2657 3522 4553 3683 4761 5573 6276 7466 7853 6620 Georgia 829 989 1167 1241 1556 1927 2465 2885 2954 3066 Kazakhstan 2584 3254 3988 3823 3900 4078 4606 4906 6110 5941 Kyrgyz Republic 351 654 795 628 586 846 951 1027 890 838 Moldova 517 700 950 764 745 956 982 1098 1093 942 Russian Federation 35482 43563 56531 45357 48644 57345 61465 69111 64818 50984 Tajikistan 110 116 134 142 399 531 746 737 310 197 Turkmenistan ... ... ... ... ... ... ... ... ... ... Ukraine 11713 14734 18699 14411 17729 20618 21373 21851 14582 12129 Uzbekistan 773 962 1196 1036 1328 1773 2343 2526 ... ... Africa 65400 77700 87400 80800 90200 91900 99200 95000 99200 96600 Algeria 2512 2787 3412 2745 3442 3527 3570 3701 3460 3622 Angola 195 311 329 623 857 732 780 1316 1681 1751 Benin 196 281 328 204 348 391 414 500 456 ... Botswana 763 836 201 841 940 1155 1009 1167 1245 1118 Burkina Faso 55 78 115 142 265 394 408 458 427 ... Burundi 6 7 3 2 7 20 16 32 35 ... Cameroon 900 1239 1355 1141 1240 1809 1543 1888 1866 ... Cabo Verde 366 474 581 472 487 569 577 628 608 497 Central African Republic 22 26 29 28 34 37 35 48 ... ... Chad 80 111 129 234 273 294 290 278 ... ... Comoros 43 51 56 51 55 64 61 70 74 ... World Trade Statistical Review 2016 144 A60. World exports of commercial services by region and selected economy, 2006-2015 (continued) (Million dollars) 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Congo 251 303 352 358 409 562 572 686 729 ... Congo, Dem. Rep. of 219 253 451 522 291 326 225 167 163 ... Côte d'Ivoire 815 889 987 1010 1026 870 846 790 797 ... Djibouti 97 92 131 142 149 144 147 169 ... ... Egypt 15834 19660 24668 21302 23618 19031 21336 17881 20262 18156 Equatorial Guinea 23 26 32 28 44 48 45 48 49 ... Eritrea ... ... ... ... ... ... ... ... ... ... Ethiopia 859 1114 1592 1516 1911 2549 2537 2867 2734 2851 Gabon 121 138 160 142 163 266 346 385 402 ... The Gambia 92 128 118 104 131 144 151 205 ... ... Ghana 1243 1614 1559 1522 1344 1679 3200 2353 1977 5712 Guinea 38 44 95 67 61 71 156 100 ... ... Guinea-Bissau 3 33 44 32 42 43 21 38 45 ... Kenya 1987 2418 2531 2198 3016 3326 3880 4042 4027 3692 Lesotho 35 39 45 36 42 41 37 29 28 ... Liberia, Republic of 143 156 182 142 40 365 350 321 216 223 Libya 385 109 208 385 410 40 152 180 79 ... Madagascar 565 846 1102 736 961 1160 1308 1253 1294 1114 Malawi 62 70 72 75 75 81 100 106 95 98 Mali 291 360 443 336 356 379 312 372 404 ... Mauritania 76 74 121 140 105 185 128 168 255 ... Mauritius 1663 2194 2530 2225 2656 3215 3364 2734 3119 2654 Morocco 10857 13390 14725 14388 14329 15486 14947 13935 15223 13746 Mozambique 364 404 489 544 245 366 792 645 725 675 Namibia 505 579 538 638 664 723 1059 912 1021 1100 Niger 84 79 126 100 119 64 69 141 271 ... Nigeria 2057 1097 1834 1760 2619 2314 2067 1916 1495 2742 Rwanda 171 203 351 265 259 368 359 393 325 352 Sao Tome and Principe 8 6 9 10 13 18 17 36 70 67 Senegal 710 1088 1169 905 936 1029 1080 1177 1160 ... Seychelles 410 456 464 418 440 465 672 818 825 839 Sierra Leone 40 43 59 100 56 157 176 219 202 ... Somalia ... ... ... ... ... ... ... ... ... ... South Africa 12757 14519 13588 12836 15676 16950 17203 16401 16458 14665 Sudan 246 468 382 283 212 300 861 1019 1414 1397 Swaziland 268 486 252 202 250 296 225 214 269 316 Tanzania 1467 1836 1966 1795 2001 2256 2753 3142 3376 3665 Togo 159 197 253 265 289 464 405 437 439 ... Tunisia 4020 4620 5649 5076 5298 4286 4754 4577 4555 3022 Uganda 458 503 687 857 1033 1614 1942 2272 1828 1945 Zambia 562 672 619 529 571 665 990 758 851 ... Zimbabwe 294 250 222 262 308 363 359 ... ... ... Middle East 78700 90700 98800 96400 105100 112800 117500 126100 133600 140900 Bahrain, Kingdom of 3462 3681 3916 3831 4233 3296 3085 3302 3335 ... Iran 5544 6791 7629 7888 8657 8202 8259 8776 9342 9592 Iraq 353 839 1249 1730 2199 2159 2657 3092 3873 4961 Israel 19020 21372 25009 22516 25356 29426 32884 34463 35358 34452 Jordan 2850 3436 4353 4197 5221 5250 6030 6026 6597 5760 Kuwait, the State of 7495 9104 11362 10891 8429 9503 8250 5594 5684 5676 Lebanese Republic 11657 12748 17620 16895 15972 19621 14484 15051 13725 ... Oman 1311 1683 1826 1620 1808 2330 2689 2931 3066 ... Qatar 3484 3129 2276 1943 2826 5580 8851 10294 12775 14103 Saudi Arabia, Kingdom of 13973 16160 I 9132 9428 10351 11116 10575 11308 11962 13807 Syrian Arab Republic 2649 3561 4145 4583 7040 2434 ... ... ... ... United Arab Emirates 6259 7434 8958 9503 11028 12063 15276 20422 22982 26358 Yemen 468 578 1049 1085 1471 1111 1412 1551 1507 ... Statistical Tables 145 A60. World exports of commercial services by region and selected economy, 2006-2015 (continued) (Million dollars) 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Asia 604700 741900 861300 756200 919600 1076600 1133000 1186200 I 1324300 1283300 Afghanistan ... ... 1129 1752 2060 2687 1391 931 1159 799 Australia 32524 39745 42431 39195 45836 51733 53046 52604 53368 48374 Bangladesh 922 1021 1100 968 1236 1419 1352 1526 1627 1684 Bhutan 42 52 51 53 67 80 97 121 123 122 Brunei Darussalam 745 813 867 915 462 502 483 493 557 577 Cambodia 1272 1396 1495 1746 1917 2603 3054 3354 3713 3775 China 93492 124895 144677 121613 153606 200294 200586 205778 I 279423 285476 Fiji 850 902 1097 786 928 1078 1113 1109 1164 1169 French Polynesia 876 977 1004 847 774 866 845 857 934 ... Hong Kong, China 54384 64383 69841 64602 80468 91232 98425 104656 106566 104152 India 69166 86235 105668 92484 116583 137935 145030 148188 155670 155288 Indonesia 11157 12148 14885 12691 16331 21316 23070 22334 22920 21259 Japan 107229 119438 138696 118447 131833 137871 133838 132650 158626 157863 Kiribati 8 10 12 11 11 13 12 11 11 ... Korea, Dem. People's Rep. of ... ... ... ... ... ... ... ... ... ... Korea, Republic of 55703 70030 90127 71638 82244 89706 102298 102531 110961 96844 Lao People's Dem. Rep. 203 255 359 374 489 526 553 761 746 790 Macao, China 10564 14337 18024 18977 29007 39844 45364 53619 53134 39902 Malaysia 20971 28988 30714 28249 34588 38751 40498 42005 41860 34759 Maldives 549 1572 1633 1538 1804 2098 2173 2586 3020 3040 Micronesia, Federated States of 22 25 26 29 32 29 30 30 33 ... Mongolia 483 575 517 415 483 617 959 707 573 646 Myanmar 291 313 328 315 337 727 1183 2679 4127 ... Nepal 252 340 494 600 583 775 769 968 1078 1139 New Caledonia 296 355 389 346 409 404 387 420 413 ... New Zealand 9739 11490 11693 10088 11448 13092 12980 13318 14201 14135 Pakistan 2214 2185 2517 2522 2931 3457 3205 3309 3509 3277 Papua New Guinea 305 313 318 160 279 387 433 384 177 79 Philippines 11064 13502 13055 14084 17770 18866 20425 23321 25483 28153 Samoa 138 167 168 162 172 181 196 206 196 ... Singapore 59013 73995 89421 81593 100575 118649 127475 139955 150449 139335 Solomon Islands 47 51 44 55 89 108 115 123 109 95 Sri Lanka 1604 1755 1981 1874 2454 3062 3773 4657 5574 6366 Chinese Taipei 28818 32940 36525 31201 39976 45499 48616 50696 56520 56473 Thailand 24414 29876 32781 29893 34086 41280 49306 58251 54993 60280 Timor-Leste 25 32 23 24 31 26 30 49 62 57 Tonga 22 27 32 28 41 49 70 70 49 59 Tuvalu 2 2 3 2 3 3 4 3 ... ... Vanuatu 140 177 225 241 271 279 295 339 320 295 Viet Nam 5060 6415 6956 5666 7355 8581 9510 10585 10833 11054 Memorandum items: World excluding intra-EU (28) exports ... ... ... ... 2880200 3270000 3415700 3617200 3853100 3669900 Europe excluding intra-EU (28) exports ... ... ... ... 928200 1048700 1075300 1168900 1240100 1125100 World Trade Statistical Review 2016 146 A61. World imports of commercial services by region and selected economy, 2006-2015 (Million dollars) North America 410000 450800 494600 461200 498000 537400 561900 579200 591300 594900 Bermuda 837 1091 1021 966 995 879 881 879 953 882 Canada 72185 81383 88317 82024 97239 105957 110621 111547 106721 95405 Mexico 23128 24051 25092 22822 22451 26104 26203 28364 30341 29495 313812 344315 380172 355341 377353 404468 424152 438366 453265 469110United States South and Central America 80861 102253 123734 116446 143001 170961 181636 191879 193563 170450 Anguilla 91 103 102 70 54 54 55 56 57 58 Antigua and Barbuda 249 271 270 217 214 203 197 212 219 238 Argentina 8105 10395 12887 11716 14259 17117 17568 17899 16357 17490 Aruba (the Netherlands with respect to) 722 751 759 650 641 807 785 841 877 845 Bahamas 1510 1502 1306 1069 1101 1258 1522 1615 1713 1194 Barbados 643 607 700 652 672 499 487 683 678 683 Belize 143 159 161 154 154 162 177 195 213 207 Bolivia, Plurinational State of 807 880 993 990 1125 1625 1895 2302 3007 2352 Brazil 26183 34700 44396 44075 57813 70984 75832 81053 85916 68921 Chile 8736 10352 11946 10503 13046 16178 15131 15855 14724 13444 Colombia 5973 6751 7823 7917 9275 10748 12112 12683 13381 11084 Costa Rica 1535 1723 1776 1483 1832 1792 2054 2100 2182 2618 Cuba 1258 1325 2079 1673 1923 2462 2406 2306 2074 2125 Curaçao - - - - - 820 888 904 887 988 Dominica 50 63 69 65 65 64 65 68 70 72 Dominican Republic 1510 1691 1895 1741 3156 2763 2804 2621 2687 2970 Ecuador 2271 2487 2950 2574 2941 3046 3090 3401 3423 3118 El Salvador 1205 1290 1277 952 1054 1152 1301 1429 1434 1498 Grenada 101 104 106 91 89 91 89 93 91 93 Guatemala 1756 2017 2010 2106 2388 2498 2525 2739 3006 3011 Guyana 245 273 325 272 344 434 526 503 426 ... Haiti 574 491 592 633 731 755 773 780 858 766 Honduras 1027 1058 1213 942 1143 1417 1689 1643 1745 1746 Jamaica 1969 2226 2304 1824 1767 1884 2088 1978 2170 2076 Montserrat 15 16 17 16 16 17 15 15 15 16 Netherlands Antilles 750 789 866 927 911 - - - - Nicaragua 509 660 804 696 680 805 851 1024 988 902 Panama 1641 2078 2602 2118 2709 4235 4214 4868 4546 4357 Paraguay 365 443 569 515 700 864 906 1048 1085 1071 Peru 3277 4224 5577 4671 5893 6359 7183 7458 7514 7794 Saint Kitts and Nevis 96 100 121 97 107 112 113 119 125 139 Saint Lucia 182 199 209 185 200 197 183 181 174 176 Saint Vincent and the Grenadines 80 103 98 87 86 80 82 86 86 88 Sint Maarten - - - - - 238 262 263 289 ... Suriname 251 293 367 246 237 553 611 589 800 713 Trinidad and Tobago 311 327 271 335 371 468 ... ... ... ... Uruguay 937 1079 1462 1233 1470 1989 2350 3179 3141 2608 5782 10723 12831 12949 13836 16231 18340 18594 16104 13921Venezuela, Bolivarian Rep. of Europe 1356900 1611800 1812500 1587300 1624200 1797500 1792700 1935400 2067500 1886000 Albania 1541 1892 2354 2216 1989 2235 1861 1921 2029 1644 Austria 35109 40922 45142 38923 38643 44363 44044 50884 53207 45505 Belgium 55833 72956 89028 82177 87383 94754 97702 103820 116806 105530 Bosnia and Herzegovina 458 487 585 631 533 549 506 498 526 483 Bulgaria ... 5785 6691 5577 4568 4966 5286 5474 5597 4927 Croatia 3754 4158 5237 4379 3802 4011 3927 4030 3995 3796 Cyprus ... ... 5669 4922 4977 5253 5037 6125 6149 5440 Czech Republic 12097 14570 18333 16175 17381 20065 20288 20857 22456 19767 Denmark 46975 56426 65992 54182 54448 61266 60866 62321 62109 53526 Estonia 2521 3131 3515 2587 2921 3769 3983 4695 4800 4005 Statistical Tables 147 A61. World imports of commercial services by region and selected economy, 2006-2015 (continued) (Million dollars) Faeroe Islands 274 359 382 343 366 394 200 ... ... ... Finland 19002 22960 31533 27853 27317 29626 31125 31506 30523 25756 France 145260 168222 193844 175159 180898 202017 202228 226193 251769 228159 FYR Macedonia 538 728 942 784 779 920 941 1005 1193 1119 Germany 223313 257577 286977 248828 262101 294464 292143 324691 329354 289475 Greece 17623 21844 26662 21274 19819 19082 15659 16145 16779 12048 Hungary 11953 15602 18328 16780 15800 19148 15583 17196 17644 15592 Iceland 2415 2862 2409 1960 2171 2579 2722 2806 3097 2807 Ireland 81807 98720 114654 107516 109690 118795 119615 123550 145054 151566 Italy 104426 125564 129596 107711 110950 116482 106426 108415 113659 99260 Latvia 2026 2791 3295 2385 2301 2751 2739 2806 2774 2506 Lithuania 2485 3316 4120 2954 2924 3710 4211 5213 5458 4596 Luxembourg 34377 44098 46072 39594 45526 53491 56615 67386 77029 71997 Malta 4282 5199 7890 8389 8436 9168 8873 9416 9890 8341 Montenegro ... 386 596 452 439 434 438 441 437 459 Netherlands ... ... ... ... 135650 149982 142570 151233 172714 157116 Norway 31558 41134 47551 36781 44950 47625 52328 56210 56052 45758 Poland 19590 24042 30394 24019 30707 33916 33771 34243 36537 32461 Portugal 10948 13188 15215 13615 14128 15592 13476 14395 16008 14171 Romania 6934 8887 11941 10379 8260 9657 9386 11475 12070 10786 Serbia ... 3436 4266 3427 3485 3938 3768 4070 4373 3498 Slovak Republic 6088 7759 9896 7781 7244 7623 7164 8586 8948 7933 Slovenia 3342 4374 5245 4474 4469 4765 4543 4651 4999 4280 Spain ... ... ... ... ... ... 63905 62716 68013 64579 Sweden 38826 46739 52883 45013 46385 54570 55498 59402 66465 59542 Switzerland 48686 56397 63734 65316 69235 82805 86012 92261 98136 92378 Turkey 11017 14933 17092 15971 18507 19574 19422 23018 23054 20819 United Kingdom 184817 207493 210460 176637 178485 191445 195675 202225 210230 207704 European Union (28) … … … … 1481219 1635868 1624139 1752544 1877800 1716384 … … … … 602455 657478 656289 713200 790217 732313Extra-EU (28) imports Commonwealth of Independent States (CIS 71900 93500 116700 95000 111300 131600 156400 179800 173500 134300 Armenia 665 931 1123 1040 1252 1351 1479 1611 1686 1549 Azerbaijan 2859 3331 3852 3613 3845 5741 7330 8176 10187 8553 Belarus 1691 2063 2735 2208 3000 3347 4038 5245 5729 4332 Georgia 693 874 1162 913 1003 1206 1369 1480 1615 1614 Kazakhstan 8672 11612 11014 9898 11198 10848 12644 12095 12639 11489 Kyrgyz Republic 455 599 904 737 792 955 1314 1098 1218 949 Moldova 461 619 794 682 678 802 877 946 968 797 Russian Federation 45237 59201 75704 61209 73226 89388 106717 125742 118909 86868 Tajikistan 393 590 453 289 524 666 885 1064 608 356 Turkmenistan ... ... ... ... ... ... ... ... ... ... Ukraine 8623 11104 15831 11125 12189 12759 13994 15538 11702 9787 Uzbekistan 402 390 427 415 486 557 943 1032 ... ... Africa 85600 108800 141400 126000 140500 158500 162400 163000 173500 156900 Algeria 4533 6358 10484 11159 11489 12034 10470 10276 11244 10522 Angola 6860 11997 20451 18210 16028 22415 21151 21269 24230 18783 Benin 346 491 500 488 503 497 575 761 884 ... Botswana 571 727 402 633 824 958 727 774 681 596 Burkina Faso 346 435 590 546 817 1130 1170 1407 1296 ... Burundi 193 173 241 160 156 189 188 221 245 ... Cameroon 1426 1719 2596 1902 1717 1952 2058 2626 2735 ... Cabo Verde 251 292 357 315 297 326 361 338 362 300 Central African Republic 120 147 164 156 196 201 193 161 ... ... Chad 2124 1702 1838 1851 2376 2390 2299 2580 ... ... Comoros 54 62 77 83 93 107 103 107 113 ... World Trade Statistical Review 2016 148 A61. World imports of commercial services by region and selected economy, 2006-2015 (continued) (Million dollars) Congo 2422 3523 3565 3209 3678 4368 3594 4107 4981 ... Congo, Dem. Rep. of 763 1443 1856 1692 2497 2633 1944 2309 2678 ... Côte d'Ivoire 2239 2423 2666 2608 2740 2635 2773 3056 3140 ... Djibouti 81 99 121 114 104 127 127 161 ... ... Egypt 10288 13088 16335 12765 12991 13129 15557 14808 16800 16658 Equatorial Guinea 845 1128 1657 2058 2564 2603 3068 2642 2889 ... Eritrea ... ... ... ... ... ... ... ... ... ... Ethiopia 1154 1733 2361 2187 2534 3308 3581 3363 4230 4612 Gabon 1207 1426 1599 1253 1805 2507 2303 2536 2524 ... The Gambia 94 87 86 83 73 68 80 78 ... ... Ghana 1442 1812 2038 2366 2444 3126 3838 4371 3833 4948 Guinea 238 259 400 294 387 530 772 619 ... ... Guinea-Bissau 40 68 85 85 101 100 73 87 116 ... Kenya 1252 1499 1716 1653 1890 2003 2287 2206 2698 2523 Lesotho 358 354 379 397 410 462 424 352 311 ... Liberia, Republic of 217 219 344 141 234 266 420 437 634 617 Libya 2324 2456 3572 4323 5251 3555 6279 7388 6966 ... Madagascar 600 1005 1350 1114 1097 1144 1118 1202 1084 991 Malawi 142 141 133 136 205 225 203 221 246 270 Mali 674 776 1024 817 1007 1115 1059 1214 1174 ... Mauritania 387 487 732 607 638 725 968 941 848 ... Mauritius 1312 1562 1910 1586 1951 2428 2382 2143 2426 2176 Morocco 3562 4527 5612 5301 5660 6713 6578 6418 7693 7039 Mozambique 720 820 918 987 1176 2209 4448 3857 3624 3285 Namibia 420 504 578 569 723 775 718 927 1132 1080 Niger 327 369 600 736 845 868 828 978 1038 ... Nigeria 12115 15553 22577 16487 19868 22470 22412 20079 22546 18836 Rwanda 232 270 403 440 451 547 425 511 397 427 Sao Tome and Principe 16 15 19 17 22 27 24 43 77 62 Senegal 808 1214 1388 1108 1076 1242 1298 1410 1414 ... Seychelles 274 243 241 235 259 262 383 469 500 496 Sierra Leone 76 87 112 123 242 418 518 681 1201 ... Somalia ... ... ... ... ... ... ... ... ... ... South Africa 13803 15890 16552 14980 19158 20430 18438 17599 16625 15111 Sudan 2454 2615 2464 2079 2406 2123 1985 1922 1905 1671 Swaziland 365 495 629 540 652 867 808 676 620 516 Tanzania 1212 1364 1627 1685 1843 2157 2310 2436 2599 2569 Togo 261 303 358 374 395 467 437 471 426 ... Tunisia 2245 2570 3109 2710 3054 3002 2989 3139 3112 2590 Uganda 756 958 1234 1377 1774 2413 2459 2739 2709 2738 Zambia 488 807 805 640 849 1052 1290 1770 1596 ... Zimbabwe 485 502 510 611 860 1149 963 ... ... ... Middle East 122500 160000 189400 175100 192500 224500 235000 242500 266400 257200 Bahrain, Kingdom of 1605 1701 2030 1741 1905 1778 1480 1560 1618 1621 Iran 11407 14760 17100 16937 18153 17285 14881 15287 15679 13680 Iraq 5030 4741 7168 8426 9606 10870 13016 14353 14482 12200 Israel 14864 17462 19582 17169 18539 20004 20504 20559 22225 22120 Jordan 2854 3356 3926 3672 4312 4357 4465 4500 4532 4578 Kuwait, the State of 8805 10494 14799 12886 14323 17585 20014 19873 22338 22993 Lebanese Republic 8716 9968 13440 14023 13010 12944 11425 12828 12501 ... Oman 3896 5095 5878 5484 6364 7724 8767 9808 10228 ... Qatar 6864 7348 7067 5662 7666 15548 22126 24844 30007 28390 Saudi Arabia, Kingdom of 29488 46331 I 49571 47039 50996 54954 49889 51745 62683 56520 Syrian Arab Republic 2437 2917 3096 2623 3437 2818 ... ... ... ... United Arab Emirates 24322 33372 42773 36752 41337 55702 62301 61157 63744 65650 Yemen 1800 1811 2289 2025 2103 2112 2296 2208 2486 ... Statistical Tables 149 A61. World imports of commercial services by region and selected economy, 2006-2015 (continued) (Million dollars) Asia 682500 801400 927500 814600 983000 1141900 1228900 1289600 1447500 1412000 Afghanistan ... ... 565 658 1352 1981 2257 2002 1809 1686 Australia 32663 41270 48322 41609 50765 61671 65728 67085 62409 53674 Bangladesh 2309 2872 3588 3184 4122 4978 5230 6194 7195 8745 Bhutan 61 86 118 95 135 171 188 171 184 178 Brunei Darussalam 1035 1115 1181 1215 1076 1541 2237 2423 1853 1885 Cambodia 760 772 799 810 947 1289 1501 1735 1854 1878 China 100332 128269 155477 145139 181824 246779 280260 329419 450805 466330 Fiji 530 515 622 462 444 533 562 551 547 469 French Polynesia 542 602 707 698 594 556 506 488 487 ... Hong Kong, China 63558 68572 72466 60977 70246 74117 76467 75046 73797 73909 India 58041 69757 87238 79628 114037 124198 128955 125189 126710 122225 Indonesia 21342 24325 28219 22892 25971 31157 33639 34425 33076 30222 Japan 139755 156856 176769 153971 162921 173807 182829 169040 190185 173689 Kiribati 30 39 43 39 44 54 57 58 44 ... Korea, Dem. People's Rep. of ... ... ... ... ... ... ... ... ... ... Korea, Republic of 69598 83889 96940 81646 96546 102043 107794 109161 114741 112345 Lao People's Dem. Rep. 31 38 102 130 258 325 333 523 479 554 Macao, China 3107 4655 5893 5050 7482 10546 11347 11757 10490 10301 Malaysia 23421 28475 30060 27257 32400 38083 43131 44973 45161 39814 Maldives 226 326 419 394 446 576 567 692 791 860 Micronesia, Federated States of 55 55 59 83 77 76 78 77 74 ... Mongolia 514 456 616 559 768 1770 2048 2019 2139 1520 Myanmar 541 629 599 593 754 1067 1434 2162 2561 ... Nepal 488 716 840 828 845 761 882 971 1150 1225 New Caledonia 1119 1313 1318 1040 1300 1371 1420 1387 1303 ... New Zealand 7997 9519 10370 8602 10135 12021 12291 12513 13015 11523 Pakistan 8177 8562 9366 5966 6551 7408 7634 7241 7751 7378 Papua New Guinea 1584 1945 1817 1823 2737 2937 3715 3853 2249 1037 Philippines 6491 7418 10875 8965 11714 12013 13962 16058 20607 23599 Samoa 62 62 63 66 79 77 88 87 73 ... Singapore 66198 76296 90957 83915 101020 118006 129548 146260 155248 143268 Solomon Islands 66 95 111 101 180 183 188 235 217 170 Sri Lanka 2359 2568 2975 2487 3075 3973 4406 5232 5590 5886 Chinese Taipei 31690 34015 34076 28950 36987 41233 41833 41789 45065 46756 Thailand 32430 37814 45772 36300 44774 51965 52767 54598 52919 50473 Timor-Leste 45 52 102 292 450 710 465 331 359 357 Tonga 29 35 48 44 42 62 74 87 78 70 Tuvalu 10 20 23 19 26 35 25 17 ... ... Vanuatu 66 70 129 106 123 143 145 148 143 180 Viet Nam 5082 7137 7881 8046 9771 11707 12353 13635 14305 15292 World excluding intra-EU (28) imports ... ... ... ... 2813800 3184000 3351100 3542000 3825600 3627600 Europe excluding intra-EU (28) imports ... ... ... ... 745400 819100 824900 896000 979900 901900 World Trade Statistical Review 2016 150 A62. Sales by affiliates of foreign companies - resident affiliates primarily engaged in services activities (inward FATS), 2011-2013 (Billion dollars and percentage) Value Annual percentage change 2011 2012 2013 2008-2013 2011 2012 2013 Austria 52.6 50.1 53.3 1 14 -5 6 Belgium 75.9 74.6 ... … -29 -2 … Bulgaria a 6.1 6.1 6.3 0 15 1 2 Canada 177.5 191.9 196.5 … 14 8 2 China b 134.0 ... ... … … … … Costa Rica b, c ... ... 2.6 … … … … Croatia a ... 4.0 4.6 0 … … 15 Cyprus 1.5 1.4 1.7 21 38 -10 21 Czech Republic 44.1 40.5 38.2 … 5 -8 -6 Denmark a 39.3 35.4 37.8 -2 7 -10 7 Estonia a 2.9 2.8 2.9 0 15 -1 3 Finland 20.7 20.7 ... … 17 0 … France 229.4 208.2 223.6 -2 3 -9 7 Germany 281.8 293.7 315.6 -1 12 4 7 Greece ... 9.8 9.3 … … … -5 Hong Kong, China b, d 155.4 167.9 185.7 6 8 8 11 Hungary 30.8 27.8 28.8 -3 15 -10 4 India b, e, f 8.7 ... ... … … … … Ireland a 79.5 79.8 ... … 30 0 … Israel a, e 13.0 ... ... … 9 … … Italy a 119.4 110.5 115.7 -2 7 -7 5 Japan b, c, f, g 85.6 172.5 143.4 … -1 102 -17 Latvia h 4.0 4.1 4.0 2 20 3 -3 Lithuania 4.5 4.7 5.1 1 27 4 9 Luxembourg a 13.4 14.5 16.8 … … 8 16 Malta a, i 1.1 1.3 ... … … 21 … Netherlands 113.3 103.8 113.1 1 11 -8 9 New Zealand b, f 5.8 ... ... … … … … Norway a 39.5 42.1 43.2 1 9 7 3 Poland a 39.0 36.3 41.5 3 14 -7 14 Portugal 23.5 19.0 20.3 -7 -10 -19 7 Romania 19.3 19.5 20.8 … … 1 7 Serbia a 3.7 3.0 3.5 … … -19 18 Slovak Republic j 10.6 | 12.7 10.0 … … … -21 Slovenia k 3.4 3.2 3.2 … … -7 1 Spain 117.0 103.5 110.5 -1 5 -12 7 Sweden a 69.1 69.9 ... … 17 1 … Thailand b, c 35.6 29.8 10.6 … 61 -16 -65 United Kingdom a 360.6 379.8 ... … 14 5 … United States b, c 761.5 751.3 800.3 -2 3 -1 7 Viet Nam b, c 7.4 ... ... … 69 … … Zambia b, c 1.3 1.2 1.5 … … -4 24 Memorandum item: European Union a 1549.5 1520 ... … 13 -2 … Extra-EU a, l 643.3 672.5 ... … 49 5 … a Insurance activities and activities auxiliary to financial and insurance activities are not covered. b Financial service activities are included. c Community, social and personal services activities are included. d Includes other income. e Output instead of sales. f Fiscal year as reference period. g No estimation for non-response. Real estate activities are not covered. h Insurance activities and administrative and support activities are excluded in 2013. i Accomodation and food services excluded in 2011. j No insurance activities prior to 2012. k No insurance activities after 2011. No real estate activities in 2013. l It refers to the sales by foreign affiliates which are established in the EU (28) and controlled by non-EU (27) entities. : Given the recent development of this statistical framework, comparability and coverage of data may not always be complete. See the Metadata. Excluding wholesale and retail trade as well as repair activities. Unless otherwise specified: - all or a large part of financial service activities are excluded; - insurance activities and/or activities auxiliary to financial and insurance activities are included; - all or a large part of community, social and personal services activities are excluded. * Data for 2011 for China refer to 2008. Data for 2011 for India refer to 2009. Statistical Tables 151 A63. Sales by foreign affiliates of resident companies - affiliates located abroad primarily engaged in services activities (outward FATS), 2011-2013 (Billion dollars and percentage) Value Annual percentage change 2011 2012 2013 2008-2013 2011 2012 2013 Australia a 23.3 ... ... … … … … Austria 38.2 37.2 38.5 1 3 -3 3 Belgium b 24.5 28.0 60.8 … 5 14 117 A Canada c 158.6 163.2 171.2 … … 3 5 R Costa Rica ... ... 0.1 … … … … Y Cyprus 3.5 3.3 2.4 -13 15 -5 -27 Czech Republic 0.3 0.2 0.9 6 -23 -28 297 Finland 22.7 23.1 22.8 2 -25 2 -1 R France 465.1 456.4 482.1 … 10 -2 6 E Germany 573.8 533.8 551.3 1 10 -7 3 R Greece 4.1 4.4 4.6 … 36 8 3 U Hungary 3.3 2.5 2.5 -5 41 -24 0 Israel b, d, e, f 3.7 ... ... … 8 … … Italy 188.8 184.5 190.3 3 5 -2 3 Japan g 37.9 143.4 172.3 26 -8 279 20 R Korea, Republic of d, f, h 20.9 ... ... … … … … Latvia 1.1 0.5 0.6 … 213 -57 28 Lithuania i 0.6 0.4 2.7 80 174 -35 … Luxembourg j 4.1 6.3 5.1 … 12 55 -18 T Malta j ... 0.2 0.4 -3 … … 48 O Norway 36.7 41.3 44.1 … 25 12 7 Poland 2.9 3.5 1.7 … 22 21 -52 Portugal 20.2 19.0 22.8 … 11 -6 20 K Slovak Republic 0.4 0.2 0.2 -16 49 -46 -20 Slovenia 1.2 1.1 1.2 … 9 -9 8 Spain 211.4 169.2 171.1 … 28 -20 1 Sweden 68.8 74.7 72.8 -10 -25 8 -2 B United Kingdom i 699.9 781.0 719.9 … -1 12 -8 S United States 1154.0 1198.7 1244.0 … 6 4 4 Memorandum item: 8 Extra - EU k 1296.9 1342.6 1351.6 … 6 4 1 a Refers to fiscal year 2009. Financial and insurance affiliates only. b Classified under services according to activity of parent company. c Part of professional, scientific and technical activities excluded. d Financial intermediation activities are excluded. e Refers to output. f Part or all community, social and personal services are not covered. i Branches are excluded. j Includes wholesale and retail trade and repair activities. : Given the recent development of this statistical framework, comparability and coverage of data may not always be complete. See the Metadata. Excluding wholesale and retail trade and repair activities. h Refers to 2009. Also includes affiliates in which a Korean corporation has invested capital of 10% or more. No estimation for non-response. g Also includes affiliates foreign owned by more than 10 per cent. Fiscal year as reference period. Excludes affiliates of mother companies active in finance, insurance and real estate. No estimation for non-response. k It refers to the sales of affiliates which are established outside the EU (27) and controlled by EU (28) entities up to 2012. Starting in 2013, it refers to extra-EU(28) sales. World Trade Statistical Review 2016 152 A64. Services supplied by United States affiliates established abroad (outward FATS) and by foreign affiliates in the United States (inward FATS) by economy of affiliate, 2013 (Million dollars and percentage) Value Share Value Share 2013 2013 2010-2013 2012 2013 2013 2013 2010-2013 2012 2013 World 1320875 100.0 5 3 3 World 867683 100.0 8 4 8 European Union (28) 558724 42.3 3 1 1 European Union (28) 451530 52.0 5 4 4 Canada 127589 9.7 3 1 0 Japan 146509 16.9 16 7 36 Japan 71568 5.4 1 2 -7 Canada 84394 9.7 6 1 3 Switzerland 64214 4.9 1 -1 6 Switzerland 52024 6.0 -2 -11 -1 Singapore 59522 4.5 13 9 9 Australia 22865 2.6 20 15 4 Above 5 881617 66.7 - - - Above 5 757322 87.3 - - Australia 52580 4.0 5 0 4 Bermuda 17602 2.0 19 26 3 Mexico 43393 3.3 8 8 7 Korea, Republic of 16121 1.9 16 9 16 China 43257 3.3 14 14 9 India 11850 1.4 17 11 8 Brazil 39594 3.0 10 2 3 Singapore 8331 1.0 12 -4 -1 Hong Kong, China 33770 2.6 3 0 3 Mexico 7503 0.9 19 15 13 India 21301 1.6 14 5 25 British Virgin Islands 4464 0.5 19 42 4 British Virgin Islands 16264 1.2 18 4 43 China 4437 0.5 59 222 -1 Bermuda 15065 1.1 1 17 -8 Hong Kong, China 4214 0.5 9 -4 4 Korea, Republic of 12571 1.0 5 0 3 United Arab Emirates 2848 0.3 6 -7 5 Chile 11521 0.9 11 15 0 Saudi Arabia, Kingdom of 2451 0.3 … … 52 Above 15 1170933 88.6 - - - Above 15 837143 96.5 - - This information refers to supply of services products to foreigners by United States owned affiliates and supply of services products to United States persons by affiliates foreign owned. This differs from the FATS data presented for the United States in the tables A62 and A63 which refer to sales of foreign affiliates operating in the services sector. For instance the latter include sales of goods of foreign affiliates whose primary activity is classified as a service industry but not the supply of services of those whose primary activity is classified as a manufacturing industry. Annual percentage change Annual percentage change Supply of services abroad Supply of services in the United States Statistical Tables 153 A65. World merchandise exports of intermediate goods by region and selected economy, 2004-2014 a (Million dollars) 4031777 4484826 5200590 6060378 6738733 5213156 6512978 7753929 7732032 8010560 7995717 North America Canada 142721 158036 175622 193198 199363 139413 176547 206109 201398 199507 201778 Mexico 73650 83025 92810 95240 102411 79252 106075 127228 140162 143156 151179 472631 512476 581161 644353 717289 540369 664837 758953 764037 763970 770612United States South and Central America Argentina 20426 22896 25837 33670 42696 32317 41489 52640 48580 45686 41225 Bolivia, Plurinational State of 1091 1138 1731 2128 2919 2824 3498 4581 5411 4939 5656 Brazil 57657 69007 81059 92382 116028 94829 127797 167830 155387 157925 147957 Chile 24461 31860 47626 55401 49114 42453 57169 64243 60931 58453 56920 Colombia 5614 6919 8410 10705 11835 9762 10380 12466 12808 11166 10830 Costa Rica 3185 3859 4282 5180 5413 3474 4776 5646 6386 6346 25741 Cuba 1657 1539 320 1514 1355 909 1136 1674 1201 1271 950 Dominican Republic 1694 1878 2130 3159 2440 1591 1909 2856 3041 4137 4650 Ecuador 759 889 1121 1351 1733 1669 1971 2629 2901 2897 3611 El Salvador 664 855 1110 1262 1585 1189 1308 1842 1894 1871 1648 Guatemala 1354 1881 1708 2870 3430 3175 4066 5298 4957 4774 5070 Honduras 654 747 1196 1479 2146 1551 1934 2478 3329 3335 3079 Nicaragua 415 465 463 611 948 651 979 1274 2088 2041 2032 Panama 149 159 1241 1282 1659 3437 3289 5517 420 383 343 Paraguay 1312 1307 1298 2274 3590 2343 3292 4361 3765 5650 5584 Peru 9812 12813 18730 21949 23905 20822 28060 35719 34911 30881 27057 Trinidad and Tobago 2232 2403 2817 3965 4893 1630 3664 6966 6854 6273 6130 Uruguay 1410 1561 1864 2269 2903 2784 3567 4210 4845 5273 5157 5736 5983 4164 8500 4571 2036 3810 2536 1358 1861 4149Venezuela, Bolivarian Rep. of Europe Albania 166 205 260 389 571 344 619 759 715 777 272 Austria 54039 58342 67140 83285 91423 68485 78207 91664 84797 87573 90016 Belgium 150721 165091 181764 219300 233503 180104 209244 243187 227365 250616 231342 Bosnia and Herzegovina 1016 1599 2276 2724 3108 2085 2719 3403 3175 3355 3542 Bulgaria 4937 5933 8039 9841 11860 8345 10732 15408 13976 15782 15786 Croatia 3075 3499 4091 5275 6054 4465 5058 5878 5560 6079 6372 Cyprus 239 243 272 336 437 389 522 711 622 570 559 Czech Republic 38768 44162 52382 66693 78262 57480 67896 85728 81882 86571 92613 Denmark 26480 28578 31766 36445 41810 33536 34327 40452 38444 40015 40985 Estonia 3543 4318 4765 5908 6923 4560 5859 7710 7818 8191 7750 Finland 36023 36103 42806 49226 50616 31829 42233 47717 42835 44254 41248 France 186849 194745 217838 252267 275280 207704 233779 268969 249055 254345 251909 World Trade Statistical Review 2016 154 A65. World merchandise exports of intermediate goods by region and selected economy, 2004-2014 a (continued) (Million dollars) Germany 412508 458604 532832 614244 681989 505383 591016 701656 656515 673168 690623 Greece 6590 7213 8813 9706 11932 8920 9658 11543 10612 10502 10501 Hungary 27975 31737 36262 42772 47699 34644 41981 52316 49610 53753 56432 Iceland 1017 1010 1233 1808 2728 1965 2459 2806 2595 2611 2546 Ireland 53517 57536 55179 65345 68833 60369 61270 69096 65999 63706 64067 Italy 161792 170416 194557 233663 250225 183628 206921 246027 230297 235587 238863 Latvia 2643 2943 3287 4540 5230 3687 4792 6111 6340 6202 6228 Lithuania 3275 4170 4836 7127 8780 5899 7359 9912 10489 11248 12196 Luxembourg 8275 8408 9847 11217 12454 8286 9860 11667 9747 9636 10019 Macedonia FYR 504 611 771 976 1215 1956 2079 776 1662 2537 2537 Malta 1826 1603 1910 2111 2004 1571 1875 2022 1983 1895 1693 Moldova 276 346 349 496 649 435 557 952 840 1037 1045 Netherlands 130296 142530 163867 193500 207852 164041 190210 238045 225553 236559 238779 Norway 16236 18038 21595 28170 29024 21786 24883 26996 24941 24824 25015 Poland 37790 44083 55778 71975 85240 61289 74973 92472 88291 97967 103334 Portugal 18369 19601 23118 27824 29050 21765 25432 30733 29041 30210 30570 Romania 11199 13358 16780 22047 27044 19749 25940 33757 32290 36524 39014 Serbia 0 2688 3941 5327 6528 4362 5688 6921 6203 7177 7434 Slovak Republic 14858 16461 19561 26410 31382 24976 29591 36362 36925 37837 37655 Slovenia 8477 9365 11338 14043 15305 10802 12553 15173 14089 14792 15495 Spain 77836 83392 94104 113525 122612 93290 109338 135729 125057 132562 134114 Sweden 62803 65197 73380 86197 92447 65043 81028 94980 86605 83560 82304 Switzerland 57156 59577 66546 78336 89637 76278 89044 104364 186565 231867 177341 Turkey 24584 28099 34976 44942 61545 46267 52324 62658 76925 69936 70293 150837 160446 178290 191004 192154 140461 165787 197022 187179 261787 232064United Kingdom Commonwealth of Independent States (CIS) Armenia 522 715 763 848 768 510 749 908 867 871 876 Azerbaijan 348 459 590 537 801 394 474 675 669 637 621 Belarus 5366 5677 6790 8727 12127 7526 9904 14618 15600 12496 13193 Georgia 332 396 513 727 977 642 868 1061 1054 1197 1205 Kazakhstan 6775 7901 11251 15466 21308 12840 15719 23706 26232 18426 16448 Kyrgyz Republic 564 445 448 543 766 675 844 1292 912 1097 929 Russian Federation 51857 61563 75109 93153 105425 67167 80314 99737 119034 113823 112530 Tajikistan 568 702 794 958 867 673 926 871 1015 756 645 Ukraine 22746 24802 28978 36775 50787 29291 36973 49154 50238 47897 43165 Africa Algeria 752 830 1046 1227 1812 938 1200 1692 1740 1765 2276 Benin 254 233 166 195 301 248 241 254 329 445 589 Burkina Faso 346 296 331 417 427 759 1241 2213 2071 2258 2380 Cameroon 838 824 1173 1394 1667 1434 1683 1725 1576 2402 2036 Congo 609 598 736 279 320 305 243 246 172 197 151 Côte d'Ivoire 3493 3362 3440 3844 4685 5907 6006 7108 6474 6036 7690 Egypt 4611 5393 7086 9108 9558 10282 11562 14336 13130 12970 11601 Ethiopia 446 507 555 990 1177 1059 1595 1817 2000 2149 2666 Statistical Tables 155 A65. World merchandise exports of intermediate goods by region and selected economy, 2004-2014 a (continued) (Million dollars) Gabon 576 712 734 948 934 833 1625 1624 1216 1444 1329 Ghana 1485 2682 3036 3244 3464 4688 5025 8853 10496 8417 8191 Kenya 718 947 1095 1416 1803 1530 1751 1779 1850 1850 1818 Lesotho 43 89 122 245 124 140 136 182 175 445 541 Madagascar 189 203 247 405 274 267 301 384 430 778 1229 Malawi 335 366 515 718 757 988 875 1166 994 1009 972 Mauritania 262 382 620 767 1024 844 412 555 1706 1995 1505 Mauritius 630 638 666 617 649 530 565 507 512 535 577 Morocco 4415 5232 6063 7191 12083 6490 10148 12816 11874 11114 12017 Mozambique 1107 1289 1761 1838 1944 576 1536 2458 2253 2177 2941 Niger 278 347 326 486 888 560 401 814 848 826 565 Nigeria 1030 1170 434 1812 3563 3639 9411 12898 18116 10194 10061 Rwanda 76 106 104 133 211 120 179 285 299 370 390 Senegal 524 589 494 623 823 851 1027 1391 1382 1294 1284 South Africa 26622 30531 34641 42232 48876 34128 51244 71311 62220 60338 55387 Sudan 0 0 0 0 0 0 0 0 3194 3349 2842 Swaziland 994 957 1143 944 542 462 1312 1247 1561 1728 1706 Tanzania 1109 1269 1416 1615 2279 2228 3111 3883 4482 3283 4203 Togo 324 286 438 249 468 586 499 697 645 687 586 Tunisia 3144 3532 4009 5057 7777 5589 6548 6832 6645 6876 6474 Uganda 394 487 573 786 1092 908 939 1310 1278 1462 1378 Zambia 1461 1675 3615 4361 4903 4091 6994 8733 8829 9517 9187 Middle East Bahrain, Kingdom of 1551 2041 2111 2421 3492 2092 3512 5640 4943 5838 5796 Iran 3179 4937 6503 7747 11008 8104 14047 16888 14893 14026 12512 Israel 25928 27693 29381 32181 42807 32341 39697 48086 43526 47922 48731 Jordan 1660 1741 2106 2243 4122 3089 3521 4398 4159 3960 4169 Kuwait 1816 2051 2119 2355 3348 3890 5092 5995 6411 4639 4487 Lebanese Republic 982 1017 1349 1653 2117 2124 2403 2809 2855 1977 1595 Oman 789 1138 1542 2190 3356 3670 4568 6706 7230 7949 7205 Qatar 2259 1629 2592 3768 1755 4084 1701 2492 14914 5151 454 Saudi Arabia, Kingdom of 11682 15212 17816 21285 20038 15726 28417 38918 41481 43325 51077 Syrian Arab Republic 1086 1203 2593 2766 4231 2471 2692 1761 1009 728 384 United Arab Emirates 12325 16620 18922 25506 37497 34400 44634 56433 85497 85339 75334 Yemen 128 187 196 315 291 198 265 364 417 862 351 Asia Australia 41588 48157 61365 72858 90537 77017 112872 151339 140914 146462 135261 Bangladesh 972 1281 2040 1918 1740 1553 2184 2445 1917 1920 1924 Bhutan 47 137 199 396 14 255 377 410 320 152 169 Cambodia 699 682 768 686 1108 2228 1982 1918 2653 2916 4388 China 225730 293784 388368 495629 600190 458677 627380 772710 818960 909193 963168 Fiji 232 264 237 237 320 220 254 310 349 295 421 World Trade Statistical Review 2016 156 A65. World merchandise exports of intermediate goods by region and selected economy, 2004-2014 a (continued) (Million dollars) French Polynesia 129 146 129 122 123 105 99 105 104 112 119 Hong Kong domestic exports 8452 8181 10584 8792 9696 12543 9793 12583 18577 16072 6862 India 40983 53639 61837 75842 92679 79171 110649 136943 134076 155134 139897 Indonesia 34530 40973 50468 61273 71228 57673 80469 98890 88492 87268 83389 Japan 291509 311236 334612 366646 397616 321557 420433 450837 436897 394556 375382 Korea, Republic of 131596 148064 167259 193393 212502 183938 247531 290724 293165 308481 320424 Macao, China 522 483 509 511 349 202 50 54 77 663 152 Malaysia 71579 76837 87095 98464 91454 90804 115194 132576 125643 124048 127592 Mongolia 678 908 1356 1666 1595 1181 1837 2399 2247 2536 4169 Myanmar 935 1161 1124 1364 1548 1309 2861 2786 2381 3878 15013 Nepal 272 319 263 377 492 477 486 510 489 461 491 New Zealand 8277 8590 8972 10716 11296 9108 11138 13484 13408 14169 14227 Pakistan 4893 5565 5874 6269 6965 6177 7663 10564 10129 10201 9555 Philippines 26414 27451 32409 32451 31418 23594 24284 25998 32895 38175 41076 Singapore 121302 138123 165503 176256 184783 155739 202778 217860 218804 224365 225995 Sri Lanka 1438 1797 2010 2266 2303 1720 2256 3040 2670 2594 2890 Chinese Taipei 111139 120734 148544 165582 170731 138987 186826 209291 203319 205793 221670 Thailand 47611 52826 64051 78413 85135 75088 98781 121925 113757 113237 111877 Viet Nam 5277 6439 9278 12257 16699 14797 20813 28708 37392 38855 44248 a Includes Secretariat estimates. Statistical Tables 157 A66. World merchandise imports of intermediate goods by region and selected economy, 2004-2014 a (Million dollars) 4195964 4673125 5352153 6286928 7024194 5382631 6766775 8036183 7952647 8186120 8230554 North America Canada 132753 146848 160277 169066 174059 137383 170419 194251 199447 195903 197676 Mexico 125096 136831 155485 157058 178876 140303 182902 209386 220494 225752 237228 535025 596206 662813 682139 706164 518898 655606 772033 806015 805167 857887United States South and Central America Antigua and Barbuda 90 106 160 184 196 136 101 84 95 97 116 Argentina 12222 15284 18225 23492 30244 19874 29211 36781 34532 35537 31820 Aruba 391 239 510 544 526 341 308 413 381 282 378 Bahamas 593 756 951 962 933 831 809 941 1101 1054 1165 Barbados 426 484 522 534 575 452 439 497 475 484 483 Belize 132 140 163 173 234 204 207 212 241 258 321 Bolivia, Plurinational State of 916 1107 1293 1608 2209 1931 2357 3148 3418 3515 4053 Brazil 37628 42712 51260 60872 93737 67826 94536 115536 114494 122443 117908 Chile 9479 11739 13530 16400 20985 14519 19696 24041 25366 25015 23747 Colombia 9887 11303 13747 16935 20293 15733 19477 24987 25888 25575 27266 Costa Rica 4599 5249 6492 6614 8247 4992 7228 8913 9253 8964 6567 Cuba 2208 2901 2980 3062 4399 2523 3040 3713 3645 3830 3338 Dominica 59 61 66 74 91 80 83 107 74 94 101 Dominican Republic 2560 3462 4498 5637 6609 5174 6207 8038 7192 7177 7436 Ecuador 3555 4254 4989 5959 8335 6799 8701 11005 11706 12528 12955 El Salvador 1920 3017 3549 3939 4575 3070 3744 4496 4614 4751 4686 Grenada 97 156 114 121 121 96 73 69 63 71 71 Guatemala 3311 4938 3772 6092 6747 5138 6226 7482 7415 7635 7780 Guyana 241 294 310 381 442 387 454 511 588 590 556 Honduras 1465 1723 1965 2367 4858 2170 2458 3173 3032 5029 2927 Jamaica 1378 1678 1764 2089 2433 1723 1689 2048 1995 1852 1651 Nicaragua 772 880 891 1206 1342 1151 1357 1771 2038 1985 2002 Panama 2100 1346 2475 3167 4443 5008 5853 8364 3729 3913 4406 Paraguay 963 1185 1663 2004 2841 2170 3028 3917 3690 4031 4119 Peru 4718 5801 7031 9038 13441 10220 13867 17472 18337 18096 18666 Saint Kitts and Nevis 73 81 102 106 124 111 102 102 76 79 100 Saint Lucia 132 148 193 144 159 123 122 119 125 112 164 Saint Vincent and the Grenadines 88 89 101 123 134 123 116 114 122 119 86 Suriname 281 364 382 447 572 605 538 629 679 905 672 Trinidad and Tobago 1765 2059 2237 2881 3440 2292 2094 2827 2716 2965 2763 Uruguay 1416 1629 1884 2298 3124 2442 3243 4189 4036 4436 3974 7286 9585 10040 12298 21724 19260 16074 22655 27970 21446 17801Venezuela, Bolivarian Rep. of Europe Albania 980 1142 1339 1720 2180 1996 2008 2284 1925 1986 1141 Andorra 368 351 373 394 395 320 268 261 229 235 263 Austria 51088 55261 63408 76554 83926 63205 73478 89793 80892 83602 83836 Belgium 139359 151233 168795 202803 214904 162600 188981 230214 212577 229364 216411 Bosnia and Herzegovina 2064 2985 3319 4343 5219 3422 3861 4596 4216 4406 4818 Bulgaria 6512 7647 9992 13288 15360 9619 11087 14793 14275 14912 15729 Croatia 6523 7093 8211 9985 11616 8130 7966 8945 7904 8647 8944 Cyprus 1762 1769 1997 2642 3266 2263 2437 2402 1854 1660 1690 Czech Republic 37750 42519 53016 67266 77642 56164 69078 84114 77399 79777 85928 Denmark 28536 30650 36148 42746 46947 32360 33584 39119 36806 37922 38965 Estonia 4439 5082 5925 6645 7211 4384 5898 8353 8393 8486 8588 Faeroe Islands 225 207 254 327 334 258 215 251 333 291 350 Finland 23366 26017 31639 38422 39475 23917 29804 35052 30339 30056 30688 World Trade Statistical Review 2016 158 A66. World merchandise imports of intermediate goods by region and selected economy, 2004-2014 a (continued) (Million dollars) France 196667 208616 229966 272891 296238 224651 255136 294701 272609 277182 276894 Germany 314181 357533 426980 495994 547138 407750 495667 598222 540615 548954 567067 Greece 17905 17956 21142 26144 30157 20921 19357 20635 17301 17278 17381 Hungary 33997 34218 40196 49898 54646 39004 46721 53895 47380 51651 55540 Iceland 1383 1787 2162 2546 2908 1766 1949 2356 2180 2249 2268 Ireland 28034 29797 32798 35695 33482 22380 21506 24352 24727 25542 27411 Italy 156814 164279 193609 231530 241616 167724 214027 250006 209453 211186 216244 Latvia 3074 3283 4129 5572 5707 3141 4085 5572 5514 5586 5728 Lithuania 4895 5658 7002 9378 10424 6148 7516 9997 9785 10746 12168 Luxembourg 7595 7511 8705 9622 10828 7648 8510 11483 9838 9513 9437 Macedonia FYR 1396 1381 1675 2209 2805 1982 2414 2927 2777 3008 3604 Malta 2054 1966 2290 2368 2292 1625 2130 2302 2122 2176 2007 Moldova 711 896 1010 1416 1720 1168 1403 1875 1859 1991 1959 Montenegro … … 628 932 1302 852 821 918 778 771 769 Netherlands 112947 121851 143425 171160 189240 140080 163124 211876 194100 202631 201851 Norway 22222 25541 30135 38072 41512 30582 32960 39367 37682 37628 38754 Poland 47053 52449 65746 83251 102141 73472 88544 106487 95200 103114 110178 Portugal 26125 27559 30850 36108 39855 29879 32928 37407 32050 33277 34244 Romania 16965 19843 24830 33423 39060 28059 33403 41833 37968 40625 42292 Serbia … … 5717 8131 9416 5709 6429 8478 8439 9982 9603 Slovak Republic 16238 18024 23255 34147 40205 29316 35696 40757 39713 41237 41855 Slovenia 9564 10672 12344 15676 17097 11892 13711 15782 14034 14404 14621 Spain 114348 119780 139477 172227 181201 121629 133881 154718 133457 139415 148916 Sweden 46106 49643 55926 71050 74845 49673 63844 75393 65814 62094 62986 Switzerland 49681 53097 61338 72885 80383 64697 73713 87926 178992 205523 158721 Turkey 53566 61050 71586 90482 104521 70514 94007 120360 116541 129474 123129 195161 198266 225012 264108 265535 177082 223861 258109 241543 250999 269849United Kingdom Commonwealth of Independent States (CIS) Armenia 687 869 995 1373 1774 1464 1499 1617 1601 1712 1820 Azerbaijan 2004 2319 2512 2930 3699 3229 3641 4980 5051 5968 4822 Belarus 7264 6330 8256 10353 14443 9075 12816 15176 16193 16209 14162 Georgia 726 838 1145 1668 2017 1367 1774 2138 2765 2623 2925 Kazakhstan 5467 7341 9290 12769 15499 13255 9940 14715 17958 19444 16460 Kyrgyz Republic 473 411 546 818 1093 918 920 1307 1678 2014 2721 Russian Federation 27360 34740 46028 65531 85942 57723 80854 106570 123882 123853 114262 Tajikistan 400 501 698 849 1149 985 1153 1407 1473 1633 1857 Turkmenistan 1220 1550 1776 2550 3168 2101 2624 3537 3263 3525 4088 Ukraine 10393 13521 16725 23522 31589 15716 21210 27518 27640 27032 20171 Africa Algeria 9983 10362 12192 15557 23597 22455 23663 27148 24800 27145 30955 Benin 316 298 327 496 569 536 636 726 731 930 835 Botswana 1167 1229 1178 1547 2185 1974 2591 3188 4094 3841 4357 Burkina Faso 412 459 581 612 749 735 840 932 1145 1645 1304 Burundi 67 132 158 163 173 190 210 464 573 313 255 Cameroon 1032 1052 1149 1590 1947 1793 1850 2274 2271 2762 2666 Cape Verde 134 149 188 236 306 228 253 328 223 228 265 Central African Republic 58 53 131 109 86 89 99 104 93 59 80 Congo 562 777 911 634 809 796 791 1031 1416 1463 1636 Côte d'Ivoire 1321 1566 1639 1999 2375 2321 2357 2183 2987 3198 3622 Egypt 12642 15802 18545 24324 33559 27029 30854 37948 39177 37252 40696 Eritrea 223 153 117 114 110 144 210 228 249 217 210 Ethiopia 1291 1837 1966 2552 3903 3939 3819 4197 5241 7047 10389 Statistical Tables 159 A66. World merchandise imports of intermediate goods by region and selected economy, 2004-2014 a (continued) (Million dollars) Gabon 408 665 773 978 1104 1259 1045 1343 1516 1554 1551 Gambia 88 95 95 109 116 110 100 115 111 117 139 Ghana 1946 2112 2306 2929 3530 2971 3697 5396 5968 5410 6354 Guinea 366 383 391 485 681 710 793 1126 1234 874 867 Guinea-Bissau 14 23 43 64 74 72 70 101 109 107 108 Kenya 2096 2412 2881 3769 4677 4491 4990 6402 6451 7040 7640 Lesotho 224 188 195 226 368 567 610 594 751 740 674 Madagascar 829 762 883 1197 1960 1850 1303 1274 1203 1258 1639 Malawi 499 662 586 723 1178 1014 1219 1325 1199 1552 1359 Mali 555 657 736 906 1516 866 1873 1338 1384 1322 1301 Mauritania 292 319 464 530 555 589 671 992 1277 1169 1167 Mauritius 1251 1201 1265 1489 1763 1378 1641 1955 2116 1845 1864 Morocco 9649 10425 11476 16514 21506 15728 17051 22752 21823 22365 23918 Mozambique 687 741 831 864 1239 1287 1113 2775 2806 3247 3727 Namibia 908 973 1079 1514 1769 2308 2341 2654 2937 3156 3172 Niger 248 270 333 343 421 668 1077 772 740 743 970 Nigeria 6924 8753 12065 18206 14807 17654 22712 30008 17052 20149 20756 Rwanda 141 188 324 305 527 575 680 821 895 947 1020 Sao Tome and Principe 13 15 22 27 35 33 35 48 41 42 49 Senegal 1170 1185 1250 1750 2219 1675 1559 1888 2342 2324 2318 Seychelles 123 151 171 191 269 218 215 232 222 243 255 Sierra Leone 163 149 147 240 225 211 312 531 589 521 460 South Africa 17410 19622 23630 28092 30926 22458 29889 35599 34616 35020 33510 Sudan 2262 3918 4395 5088 5166 4387 6628 5172 3089 4061 3699 Swaziland 976 830 552 605 214 151 972 778 786 709 784 Tanzania 1279 1497 1995 2467 3348 2761 3317 4451 4407 4607 5416 Togo 243 221 942 292 343 367 400 528 769 1020 799 Tunisia 7745 7644 8708 11498 14688 11093 12804 14029 13058 13689 12467 Uganda 818 921 1079 1383 1940 1874 1977 2214 2066 2180 2379 Zambia 1241 1511 1436 2021 2600 2089 3176 4252 4886 5883 5074 Middle East Bahrain, Kingdom of 2063 2868 2165 3099 5744 3541 5636 5339 5194 4482 5790 Iran 19323 19477 4731 29586 33250 31181 32409 34678 40401 33589 37333 Iraq 3330 4644 5379 5486 7920 9793 12353 15017 16619 19304 16627 Israel 23423 24698 25573 29317 31202 21471 28466 34679 32586 32781 33567 Jordan 3840 4193 4253 5486 6970 5655 6014 6882 7531 8429 8736 Kuwait 3671 5087 7544 9316 10596 5852 7793 8039 8481 11597 12287 Lebanese Republic 3319 3249 3109 4308 5630 5335 6571 7975 7482 7487 7444 Oman 4251 4077 4976 7444 10358 7748 8446 10877 12333 14156 13934 Qatar 2575 5396 8876 12859 15199 10031 12360 7556 11066 12839 14731 Saudi Arabia, Kingdom of 21939 29447 35038 46120 29341 22022 51013 64174 72734 76793 66540 Syrian Arab Republic 4073 5016 5158 6400 9158 9762 9505 9190 4121 3029 3175 United Arab Emirates 28192 35834 41022 58224 87057 63020 72650 94827 131302 135037 126256 Yemen 1931 2603 2752 3910 4150 3887 3908 4087 4075 4564 6662 Asia Afghanistan 914 1420 1508 1605 811 882 1217 1156 529 1020 1196 Australia 38105 42941 47380 57073 69125 56886 66466 74277 75322 68902 68203 Bangladesh 7041 7645 9379 10695 16475 15153 20350 27715 22268 23829 26116 Bhutan 79 193 229 262 248 229 397 462 539 121 91 Brunei Darussalam 648 655 805 860 1062 1024 1191 1351 1531 1599 1271 Cambodia 1300 1520 1854 2184 2697 2305 3078 3588 4160 5785 12948 China 371583 440343 517237 632740 716313 659229 888857 1055805 1063001 1142917 1147033 World Trade Statistical Review 2016 160 A66. World merchandise imports of intermediate goods by region and selected economy, 2004-2014 a (continued) (Million dollars) Fiji 528 551 573 589 750 513 592 682 694 775 942 French Polynesia 413 437 412 438 572 445 465 424 431 450 439 Hong Kong, China retained imports 18056 18150 21871 24166 21766 22150 29709 30771 33736 51758 31234 India 51680 70689 81700 104964 135915 134272 181632 236951 228124 212275 212631 Indonesia 25202 28636 29180 35757 70408 51169 72705 92148 99670 98463 94345 Japan 182336 197550 226130 251994 283519 203378 267574 311282 295747 279138 281896 Korea, Republic of 121611 133761 152633 181548 210006 162431 210469 247020 233742 234235 236160 Macao, China 1417 1460 1749 1752 1456 905 667 784 953 2198 1468 Malaysia 73377 78067 88381 99664 93816 82136 108778 120232 117379 120451 123341 Maldives 256 268 318 411 461 288 324 425 418 447 528 Mongolia 410 420 511 762 855 691 911 1672 1791 1905 1697 Myanmar 1615 1735 1982 2854 3111 3297 2009 6158 7484 8705 10175 Nepal 545 501 515 781 1035 1995 2665 3131 3113 3587 3835 New Caledonia 470 521 582 572 834 740 879 851 832 875 902 New Zealand 7929 8628 8645 10153 11913 8778 10237 12491 12461 12612 13320 Pakistan 8982 11833 12560 14488 19160 15165 17448 20574 19458 21072 23095 Papua New Guinea 684 656 717 979 1219 1340 1653 2670 3181 2304 1998 Philippines 34998 36010 38051 39252 36444 28946 35961 28809 36903 35904 36298 Samoa 63 70 74 66 69 59 102 108 112 119 119 Singapore 98448 114957 133081 142224 153400 122948 155461 166865 170765 173685 173143 Sri Lanka 4554 4941 5307 5687 7247 5180 6463 9532 8842 8581 9037 Chinese Taipei 97433 104079 117021 125410 131285 97543 141987 157594 142616 136576 143929 Thailand 58728 68533 73779 87351 104749 77804 111131 132931 135226 135783 120915 Tonga 27 33 30 34 37 35 46 54 54 47 67 Vanuatu 32 34 49 58 72 88 81 75 105 83 73 Viet Nam 19455 22377 27996 38229 48024 42281 55508 69629 76817 92842 103306 a Includes Secretariat estimates. Statistical Tables 161 A67. Export prices of primary commodities, 2005-2016 (Index, 2005=100) 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Q1 Q2 Q3 Q4 Q1 Food and beverages 100 110 127 157 136 153 182 175 175 171 144 151 146 144 136 138 Food 100 111 127 157 134 150 180 176 178 170 141 148 143 141 132 136 Cereals 100 122 159 222 161 166 230 236 218 180 149 159 152 146 138 136 Wheat 100 126 167 214 147 147 207 206 205 187 143 158 151 138 125 125 Maize 100 124 166 227 168 189 297 303 263 196 173 177 171 172 170 163 Rice 100 106 116 243 205 181 192 202 180 148 132 141 133 130 124 128 Barley 100 123 181 211 135 167 218 251 217 154 135 139 135 135 130 126 Vegetable oils and protein meals 100 103 143 193 154 170 209 216 206 191 154 162 157 152 143 144 Meat 100 95 99 103 98 117 134 132 136 159 137 141 140 141 125 122 Beef 100 97 99 102 101 128 154 158 155 189 169 182 171 174 148 142 Lamb 100 96 101 106 91 91 93 63 66 81 67 76 70 63 59 59 Swine meat 100 94 94 96 82 110 132 122 128 152 100 97 106 109 89 89 Poultry 100 94 106 115 116 116 118 128 141 149 155 154 156 156 154 152 Seafood 100 121 113 113 114 140 139 113 160 162 132 140 132 133 123 148 Fish 100 125 112 119 121 151 146 117 166 163 131 137 126 129 130 159 Shrimp 100 105 116 91 85 98 115 97 136 160 136 151 152 145 96 107 Sugar 100 133 102 117 152 172 211 175 148 146 118 124 114 107 128 125 Bananas 100 118 117 146 147 153 169 171 161 162 166 169 170 165 162 178 Oranges 100 98 114 132 108 118 102 99 111 90 77 80 71 75 84 79 Beverages 100 108 123 152 154 176 206 167 147 178 173 170 170 176 174 159 Coffee 100 112 129 150 132 165 231 180 147 185 154 168 156 147 144 140 Cocoa beans 100 103 127 167 187 203 193 154 158 198 203 189 199 211 214 193 100 112 98 125 145 146 160 161 123 110 157 135 148 179 168 134Tea Agricultural raw materials 100 109 114 113 94 124 153 133 136 139 120 129 126 114 111 110 Timber 100 108 107 109 102 101 111 107 107 109 105 105 103 105 106 105 Cotton 100 105 115 129 114 188 280 162 164 151 128 125 131 129 126 121 Wool 100 104 144 138 115 153 234 215 196 178 162 155 171 164 159 167 Rubber 100 140 153 174 128 243 321 225 186 130 104 115 119 97 84 87 100 105 110 98 68 110 125 127 144 168 133 161 147 116 109 107Hides and skins Minerals and non-ferrous metals (excluding crude petroleum) 100 156 183 169 136 202 229 190 182 164 126 137 135 121 111 109 Copper 100 183 194 189 141 205 240 217 199 187 150 159 165 143 133 127 Aluminum 100 135 139 136 88 114 126 106 97 98 88 95 93 84 79 80 Iron ore 100 119 130 219 285 522 597 457 482 345 196 222 206 194 164 170 Tin 100 119 196 250 184 276 353 286 302 297 218 249 211 206 204 209 Nickel 100 163 251 143 99 148 155 119 102 114 80 97 88 72 64 58 Zinc 100 237 235 137 120 157 159 141 138 157 140 151 159 134 117 122 Lead 100 132 265 215 177 221 246 212 220 215 184 186 199 176 173 178 Uranium 100 171 355 230 167 165 201 175 138 120 132 136 132 130 129 117 Total of above 100 123 140 151 127 161 190 171 169 162 134 142 138 131 124 124 Energy 100 119 132 185 117 147 201 203 196 180 99 105 115 95 82 65 Natural gas 100 115 117 174 110 113 154 171 165 160 107 137 102 98 91 75 Crude petroleum 100 121 133 182 116 149 204 208 201 184 97 100 116 94 80 61 Coal 100 104 138 266 149 206 254 202 177 149 121 130 125 120 110 108 All primary commodities 100 121 135 172 121 152 197 191 186 173 112 119 124 109 97 86 2015 The indices are period averages based on dollar prices. The quarterly figures are not seasonally adjusted. For sources and methods, see the Metadata. World Trade Statistical Review 2016 162 A68. Export prices of Germany, Japan and the United States by commodity group, 2005-2015 (Index, 2005=100) Germany 100 103 113 124 115 113 123 115 118 118 99 Japan 100 98 99 106 104 108 117 114 104 99 88 United States 100 104 109 115 110 115 124 125 124 124 116 Agricultural products Germany 100 105 122 137 121 124 142 135 141 139 115 United States 100 104 123 147 132 139 165 174 178 176 153 Fuels and mining products Germany 100 125 143 166 123 146 178 167 162 153 117 United States 100 121 129 149 104 130 160 152 145 142 103 Manufactures Germany 100 101 111 121 114 110 118 110 114 114 97 Japan 100 96 97 103 103 106 112 111 99 95 86 United States 100 102 106 110 109 113 119 119 119 118 116 Iron and steel Germany 100 105 126 145 119 120 137 122 121 119 97 Japan 100 100 114 141 105 115 132 126 114 108 91 United States 100 ... ... ... ... ... ... ... ... ... ... Chemicals Germany 100 104 116 131 122 119 131 124 127 128 106 Japan 100 103 109 119 105 119 139 135 127 122 102 United States 100 105 110 119 112 118 125 125 126 124 118 Machinery and transport equipment Germany 100 100 108 116 110 106 112 105 108 108 93 Japan 100 95 94 97 101 102 105 104 91 87 80 United States 100 100 101 102 103 104 104 106 106 106 106 Office and telecom equipment Germany 100 93 90 88 81 75 74 67 67 66 56 Japan 100 90 84 82 81 79 78 73 66 62 57 United States 100 94 91 88 86 82 80 80 78 76 74 Automotive products Germany 100 102 112 120 115 112 119 112 115 115 100 Japan 100 99 100 102 106 104 112 112 104 101 93 United States 100 101 102 103 103 104 105 108 109 110 109 Textiles Germany 100 102 113 124 117 113 125 117 121 122 103 Japan 100 99 102 109 111 117 134 136 133 130 118 United States 100 ... ... ... ... ... ... ... ... ... … Clothing Germany 100 101 111 119 114 110 118 109 114 114 97 United States 100 ... ... ... ... ... ... ... ... ... … Memorandum item: World, unit value indices Agricultural products 100 105 120 140 125 134 154 150 154 153 … Fuels and mining products 100 123 137 180 122 154 202 200 193 180 … Manufactures 100 102 109 117 111 112 121 118 119 118 … For sources and product group definitions, see the Metadata Statistical Tables 163 A69. Import prices of Germany, Japan and the United States by commodity group, 2005-2015 (Index, 2005=100) Germany 100 105 116 130 113 115 129 122 122 120 97 Japan 100 108 115 142 117 134 158 157 147 142 110 United States 100 105 109 122 108 115 128 128 127 125 113 Agricultural products Germany 100 104 120 137 123 126 143 135 140 140 118 Japan 100 103 119 141 123 138 165 162 153 148 134 100 101 106 116 114 125 140 143 146 150 145United States Fuels and mining products Germany 100 127 142 182 127 154 201 192 185 170 112 Japan 100 124 136 193 129 166 224 227 214 204 124 United States 100 119 132 173 116 145 190 187 183 175 105 Manufactures Germany 100 100 109 117 108 105 112 105 107 106 91 Japan 100 98 100 109 107 111 116 115 106 102 95 United States 100 101 103 107 105 107 110 112 111 110 108 Iron and steel Germany 100 102 130 147 110 121 138 120 116 114 91 Japan 100 98 124 183 140 148 165 140 124 125 104 United States 100 104 121 162 114 136 154 142 131 133 109 Chemicals Germany 100 106 119 134 120 121 135 126 130 129 108 Japan 100 104 110 131 119 129 142 141 129 121 110 100 104 112 123 114 126 138 140 137 137 129United States Machinery and transport equipment Germany 100 98 102 106 99 95 97 90 92 91 78 Japan 100 96 96 100 100 101 101 99 89 86 80 100 99 100 101 100 100 101 102 101 101 99United States Office and telecom equipment Germany 100 91 84 78 68 63 59 54 53 52 43 Japan 100 92 88 88 84 84 80 75 66 63 59 United States 100 96 92 89 85 83 80 78 77 77 75 Automotive products Germany 100 101 111 121 116 110 117 108 111 111 94 Japan 100 97 96 106 112 117 130 132 122 115 103 United States 100 100 101 104 104 104 107 109 109 109 107 Textiles Germany 100 102 111 120 114 112 125 118 122 121 104 United States 100 ... ... ... ... ... ... ... ... ... ... Clothing Germany 100 101 109 118 114 110 124 119 123 123 109 Japan 100 98 98 109 118 125 140 144 133 127 121 United States a 100 100 101 103 103 103 110 114 113 114 114 a Includes products classified under HS heading 42.02. : For sources and product group definitions, see the Metadata.