Burundi | Exports of goods and services (current US$)

Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars. Limitations and exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Data on exports and imports are compiled from customs reports and balance of payments data. Although the data from the payments side provide reasonably reliable records of cross-border transactions, they may not adhere strictly to the appropriate definitions of valuation and timing used in the balance of payments or corresponds to the change-of ownership criterion. This issue has assumed greater significance with the increasing globalization of international business. Neither customs nor balance of payments data usually capture the illegal transactions that occur in many countries. Goods carried by travelers across borders in legal but unreported shuttle trade may further distort trade statistics. Statistical concept and methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.
Publisher
The World Bank
Origin
Republic of Burundi
Records
63
Source
Burundi | Exports of goods and services (current US$)
1960 24499998
1961 26250000
1962 28000000
1963 17500000
1964 36750000
1965 16452740.740741
1966 17828571.428571
1967 19257142.857143
1968 18861714.285714
1969 18371428.571429
1970 25945142.857143
1971 21329142.857143
1972 28961142.857143
1973 33526603.853747
1974 33674920.634921
1975 34839365.079365
1976 61551304.347826
1977 96342222.222222
1978 71443333.333333
1979 110822222.22222
1980 81022222.222222
1981 88603333.333333
1982 103470000
1983 97956966.110812
1984 113561106.00618
1985 126803836.27475
1986 140881024.7876
1987 110260311.58951
1988 136282900.38819
1989 108560193.99119
1990 89130244.372427
1991 115775316.36852
1992 94756920.927687
1993 88062144.151565
1994 95016968.847833
1995 129318804.20247
1996 50580560.198183
1997 95688945.650632
1998 71499425.906398
1999 61217971.467102
2000 55005758.530257
2001 45410971.277172
2002 38676370.902409
2003 50072047.440468
2004 63635537.873214
2005 69261012.792812
2006 92956380.726737
2007 92221560.193421
2008 169242769.20677
2009 117576044.10805
2010 197117146.93828
2011 196752237.56397
2012 226242999.91898
2013 222979901.00749
2014 235295491.81793
2015 199192399.04175
2016 168837908.89621
2017 164138992.72249
2018 151646759.79706
2019 133258587.07203
2020 120542434.06974
2021 138797984.68982
2022 165971200.67073

Burundi | Exports of goods and services (current US$)

Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars. Limitations and exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Data on exports and imports are compiled from customs reports and balance of payments data. Although the data from the payments side provide reasonably reliable records of cross-border transactions, they may not adhere strictly to the appropriate definitions of valuation and timing used in the balance of payments or corresponds to the change-of ownership criterion. This issue has assumed greater significance with the increasing globalization of international business. Neither customs nor balance of payments data usually capture the illegal transactions that occur in many countries. Goods carried by travelers across borders in legal but unreported shuttle trade may further distort trade statistics. Statistical concept and methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.
Publisher
The World Bank
Origin
Republic of Burundi
Records
63
Source