Trends and developments in commercial services trade
- Author: United Nations
- Main Title: Asia-pacific trade and investment report 2014 , pp 21-37
- Publication Date: November 2014
- DOI: https://doi.org/10.18356/35715a15-en
- Language: English
A slow-down of merchandise exports by Asia-Pacific economies during 2013 was also accompanied by continued stagnation of its commercial services exports in contrast to a modest worldwide recovery in services exports. For the first time since 2004 with the exception of 2009 (figure 2.1), the Asian and Pacific region’s growth in trade of commercial services lagged behind global growth. World export growth jumped from 2.4% in 2012 to 5.6% in 2013, increasing the export value to more than $4,600 billion, led by the recovery of European Union exports, which accounted for almost one half of world services exports.
© United Nations
ISBN (PDF):
9789210571128
Book DOI:
https://doi.org/10.18356/2d1c02f2-en
Related Subject(s):
International Trade and Finance
Sustainable Development Goals:
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