IDEAS home Printed from https://ideas.repec.org/h/unt/ecchap/aptir2650_chap2.html
   My bibliography  Save this book chapter

Trends and developments in commercial services trade

In: Asia-Pacific Trade and Investment Report 2012: Recent Trends and Developments

Author

Listed:
  • United Nations ESCAP

    (United Nations Economic and Social Commission for Asia and the Pacific (ESCAP))

Abstract

The value of world exports of commercial services rose by 11% in 2011 to $4,170 billion, exceeding pre-crisis levels of $3,850 billion in 2008. Half of world exports of commercial services in 2011 consisted of travel receipts and other business services. Asia-Pacific as a region increased its contribution to world export of commercial services from 23% in 2000 to 28% in 2011. However, its share in world imports of commercial services remained at a higher level, rising from 27% in 2000 to 30% in 2011. Despite the exports of commercial services growing faster than the imports since 2003, the region still generates a deficit in its services trade with the world.

Suggested Citation

  • United Nations ESCAP, 2012. "Trends and developments in commercial services trade," STUDIES IN TRADE AND INVESTMENT, in: Asia-Pacific Trade and Investment Report 2012: Recent Trends and Developments, chapter 2, pages 31-44, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP).
    • Handle: RePEc:unt:ecchap:aptir2650_chap2
    as

    Download full text from publisher

    File URL: http://www.unescap.org/tid/publication/aptir2650-chap2.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Trend; Development; Growth; Asia; Pacific; Commercial services trade; Export; Import; Pre-crisis;
    All these keywords.

    JEL classification:

    • F1 - International Economics - - Trade

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:unt:ecchap:aptir2650_chap2. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Mia Mikic (email available below). General contact details of provider: https://edirc.repec.org/data/escapth.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.