Travel

In 2012, "travel" (EBOPS 2002 code 236) was the second largest exported service category, accounting for 23.8 percent of total world services exports (see table 1). The value (in current US$) of exports of this service increased by 3.1 percent (compared to 3.2 percent average growth rate from 2008-2012) to reach 1059.3 bln US$ (see table 2), while imports increased by 5.2 percent to reach 951.6 bln US$ (see table 3). USA was the top exporter in 2012, accounting for 15.2 percent of world exports alone (see table 2). Spain and France were the second and third largest exporters, accounting for 5.3 and 5.1 percent of world exports, respectively. China, USA and Germany were the top importers, with respectively 10.7, 9.7 and 8.8 percent of world imports (see table 3).

Related Subject(s): International Trade and Finance