East Asia & Pacific (IDA & IBRD countries) | 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
East Asia & Pacific (IDA & IBRD countries)
Records
63
Source
East Asia & Pacific (IDA & IBRD countries) | Exports of goods and services (current US$)
5250526193.033 1960
4417311285.0872 1961
4391974879.2199 1962
4896462039.3352 1963
5386485100.7123 1964
6034920511.993 1965
6402771223.0131 1966
6147113351.891 1967
6584641555.2054 1968
7038599261.4688 1969
7392182912.6857 1970
8256783995.1779 1971
10444868338.162 1972
17162093312.823 1973
26297591187.031 1974
25403437139.889 1975
28750552469.008 1976
33980715783.657 1977
40034404770.5 1978
55368420306.029 1979
72599554842.262 1980
77501113663.232 1981
74971739218.399 1982
78187999686.97 1983
86322906846.898 1984
82838073694.174 1985
80540377575.876 1986
100420050244.78 1987
123560335533.9 1988
133910896720.67 1989
155979627286.81 1990
181108724176.18 1991
212763679487.94 1992
240326304851.53 1993
304226024856.08 1994
375459784382.35 1995
423027688225.49 1996
466090282464.36 1997
436209806099.08 1998
471228959181.38 1999
577082753391 2000
572446426917.38 2001
649935119580.78 2002
801525703654.38 2003
1028811637751.4 2004
1259945821541.2 2005
1557847337396.8 2006
1910074474904.4 2007
2247085211233 2008
1902778918935.9 2009
2465748382597.4 2010
2970647373447.1 2011
3162097905252.8 2012
3361102505780 2013
3494443430842.7 2014
3329119463660 2015
3179328499101.5 2016
3536918373163.5 2017
3874243036801.8 2018
3851824749882.6 2019
3820493837847.9 2020
4882472145454.6 2021
5254638888220 2022
East Asia & Pacific (IDA & IBRD countries) | 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
East Asia & Pacific (IDA & IBRD countries)
Records
63
Source