India Keeps 6th Position Among World Service Exporters
Commercial services trade details
The
dollar value of world commercial services exports in 2013 was $4.6 trillion,
implying growth of 6% over 2012. The region that recorded the fastest growth in
exports services was the CIS with an 11% increase to $115 billion. This was
followed by the Middle East at 6% ($128 billion), Europe at 6% ($2.17
trillion), Asia at 6% ($1.21 trillion), North America at 5% ($760 billion),
South and Central America at 1% ($142 billion), and Africa, which fell 2% to
$91 billion.
The
top five exporters of commercial services in 2013 were the United States ($662
billion, or 14.3% of the world total), the United Kingdom ($290 billion, 6.3%),
Germany ($287 billion, or 6.2%), France ($233 billion, or 5.0%) and China ($207
billion, or 4.5%). There were no changes in rank among the top exporters,
although within this group the United Kingdom posted the smallest annual growth
in exports (0.6%) while China posted the largest annual growth in exports
(8.7%).
The
five leading importers of commercial services were the United States ($427
billion, or 9.8% of world total), China ($329 billion, or 7.6%), Germany ($315
billion, or 7.2%), France ($188 billion, or 4.3%) and the United Kingdom ($173
billion, or 4.0%). China replaced Germany as the second largest importer of
commercial services, while France moved from number six to number four on the
list. As a result, Japan exited the list of top five importers of commercial
services and the United Kingdom dropped from fourth to fifth place.
If
we exclude trade between EU member states and treat the European Union as a
single entity, the EU was the top exporter of commercial services in 2013 with
exports valued at $880 billion (25.0% of the world total). It was followed by
the United States (18.8%), China (5.9%), India ($153 billion, or 4.3%) and
Japan ($144 billion, 4.1%). The European Union was also the leading importer of
services at $667 billion (19.9%), followed by the United States (12.7%), China
(9.8%), Japan ($161 billion, or 4.8%) and India ($127 billion, 3.8%).
Leading
exporters and importers in world trade in commercial services, 2013
|
$bn and % |
|||||||||||
|
Rank 2013 |
Rank 2012 |
Exporters |
Value |
Share |
Annual % change |
Rank 2013 |
Rank 2012 |
Importers |
Value |
Share |
Annual % change |
|
1 |
(1) |
United States |
662 |
14.3 |
5 |
1 |
(1) |
United States |
427 |
9.8 |
3 |
|
2 |
(2) |
United Kingdom |
290 |
6.3 |
1 |
2 |
(3) |
China |
329 |
7.6 |
17 |
|
3 |
(3) |
Germany |
287 |
6.2 |
8 |
3 |
(2) |
Germany |
315 |
7.2 |
7 |
|
4 |
(4) |
France |
233 |
5.0 |
8 |
4 |
(6) |
France |
188 |
4.3 |
8 |
|
5 |
(5) |
China |
207 |
4.5 |
9 |
5 |
(4) |
United Kingdom |
173 |
4.0 |
-1 |
|
6 |
(6) |
India |
153 |
3.3 |
5 |
6 |
(5) |
Japan |
161 |
3.7 |
-8 |
|
7 |
(8) |
Spain |
144 |
3.1 |
5 |
7 |
(7) |
India |
127 |
2.9 |
-1 |
|
8 |
(7) |
Japan |
144 |
3.1 |
1 |
8 |
(14) |
Russian Federation |
123 |
2.8 |
19 |
|
9 |
(10) |
Netherlands |
142 |
3.1 |
8 |
9 |
(8) |
Singapore |
122 |
2.8 |
4 |
|
10 |
(11) |
Hong Kong, China |
135 |
2.9 |
7 |
10 |
(9) |
Netherlands |
121 |
2.8 |
1 |
|
11 |
(12) |
Ireland |
124 |
2.7 |
7 |
11 |
(10) |
Ireland |
117 |
2.7 |
5 |
|
12 |
(9) |
Singapore |
117 |
2.5 |
4 |
12 |
(13) |
Italy |
107 |
2.5 |
3 |
|
13 |
(13) |
Korea, Republic of |
112 |
2.4 |
1 |
13 |
(12) |
Korea, Republic of |
106 |
2.4 |
1 |
|
14 |
(14) |
Italy |
110 |
2.4 |
6 |
14 |
(11) |
Canada |
105 |
2.4 |
0 |
|
15 |
(15) |
Belgium |
101 |
2.2 |
2 |
15 |
(15) |
Belgium |
96 |
2.2 |
5 |
|
16 |
(16) |
Switzerland |
94 |
2.0 |
5 |
16 |
(16) |
Spain |
91 |
2.1 |
1 |
|
17 |
(19) |
Luxembourg |
79 |
1.7 |
10 |
17 |
(17) |
Brazil |
84 |
1.9 |
7 |
|
18 |
(17) |
Canada |
78 |
1.7 |
0 |
18 |
(23) |
United Arab Emirates a |
65 |
1.5 |
- |
|
19 |
(18) |
Sweden |
75 |
1.6 |
6 |
19 |
(18) |
Australia |
62 |
1.4 |
-2 |
|
20 |
(20) |
Denmark |
69 |
1.5 |
6 |
20 |
(19) |
Denmark |
60 |
1.4 |
3 |
|
21 |
(22) |
Russian Federation |
66 |
1.4 |
13 |
21 |
(20) |
Hong Kong, China |
59 |
1.4 |
1 |
|
22 |
(21) |
Austria |
65 |
1.4 |
9 |
22 |
(21) |
Sweden |
57 |
1.3 |
6 |
|
23 |
(25) |
Thailand |
59 |
1.3 |
19 |
23 |
(22) |
Thailand |
55 |
1.3 |
6 |
|
24 |
(27) |
Macao, China |
53 |
1.1 |
16 |
24 |
(26) |
Switzerland |
52 |
1.2 |
12 |
|
25 |
(23) |
Australia |
52 |
1.1 |
0 |
25 |
(24) |
Saudi Arabia, Kingdom of |
50 |
1.2 |
1 |
|
26 |
(26) |
Taipei, Chinese |
51 |
1.1 |
5 |
26 |
(30) |
Luxembourg a |
48 |
1.1 |
14 |
|
27 |
(28) |
Turkey |
44 |
0.9 |
8 |
27 |
(27) |
Austria |
44 |
1.0 |
5 |
|
28 |
(30) |
Poland |
40 |
0.9 |
6 |
28 |
(29) |
Malaysia |
44 |
1.0 |
5 |
|
29 |
|
Malaysia |
39 |
0.8 |
4 |
29 |
(25) |
Norway |
43 |
1.0 |
4 |
|
30 |
(24) |
Norway |
38 |
0.8 |
-2 |
30 |
(28) |
Taipei, Chinese |
42 |
1.0 |
-1 |
|
|
|
Total of above |
3862 |
83.5 |
- |
|
|
Total of above |
3474 |
80.0 |
- |
|
|
|
World |
4625 |
100.0 |
6 |
|
|
World |
4340 |
100.0 |
4 |