Travel tops world services exports in 2019, with a value of $ 1.44 trillion
The "Global Trade in Services for the Year 2019" report issued by the United Nations Conference on Trade and Development (UNCTAD) revealed that the travel sector is at the forefront of world services exports in 2019, with a value of $ 1.44 trillion, and it acquired 24% of the world's total exports of services. The transport sector is ranked second, with a total of $ 1.03 trillion, accounting for 17% of the world's total exports of services.
The communications and information technology sector came in third place with a total value of 678 billion dollars, accounting for 11% of the world's total services exports, followed by the financial services sector, whose exports amounted to about 520 billion dollars, accounting for 8% of the world's total exports of services. .
Government services exports amounted to about $ 409 billion, accounting for 7% of the world's total exports of services, and fees for the use of intellectual property exports amounted to about $ 409 billion, accounting for 7% of the world's total exports of services.
The volume of exports of insurance and retirement services amounted to about $ 137 billion, accounting for 2% of the world's total exports of services, and the volume of exports of the construction sector amounted to about $ 115 billion, accounting for 1.9% of the world's total exports of services.
