Egypt, Arab Rep. | Exports of goods and services (constant 2015 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 constant 2015 prices, expressed in U.S. dollars. Development relevance: An economy's growth is measured by the change in the volume of its output or in the real incomes of its residents. The 2008 United Nations System of National Accounts (2008 SNA) offers three plausible indicators for calculating growth: the volume of gross domestic product (GDP), real gross domestic income, and real gross national income. The volume of GDP is the sum of value added, measured at constant prices, by households, government, and industries operating in the economy. GDP accounts for all domestic production, regardless of whether the income accrues to domestic or foreign institutions. 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
Arab Republic of Egypt
Records
63
Source
Egypt, Arab Rep. | Exports of goods and services (constant 2015 US$)
1960 1753804655.771
1961 1635678981.4434
1962 1503088938.7262
1963 1849028413.7838
1964 2135302369.6563
1965 2136507733.5741
1966 2231731491.587
1967 2383607358.6153
1968 1559741047.8667
1969 1799005806.6916
1970 1976973154.3492
1971 2078006312.8058
1972 2041597967.3417
1973 2131708622.2591
1974 2231831571.9727
1975 2751839270.7533
1976 3092643760.8236
1977 4349681427.9044
1978 4466137233.6483
1979 5107215026.5753
1980 5976070733.9747
1981 7750875987.5782
1982 6943823915.7235
1983 7462373758.6852
1984 7895672880.1096
1985 7982567554.9691
1986 8130523352.4799
1987 7548094181.0465
1988 8391951529.3369
1989 9790610117.5597
1990 10489939411.671
1991 10839604056.137
1992 12238262650.884
1993 12391159666.354
1994 12455890930.822
1995 13862240140.053
1996 14109029985.94
1997 13975419221.858
1998 13604642797.555
1999 14851022025.603
2000 15894900272.488
2001 16417950010.684
2002 17234513012.868
2003 19618537867.674
2004 24585256315.187
2005 29551974762.7
2006 35834873598.803
2007 44178960590.624
2008 56885559109.365
2009 48630191861.85
2010 47179129685.327
2011 47767398135.269
2012 46669297028.711
2013 48776723405.826
2014 43440175967.001
2015 43423180592.992
2016 36896956973.536
2017 68644315622.346
2018 90329366321.772
2019 87903241849.056
2020 67106102683.46
2021 57814296068.884
2022 90967161930.579

Egypt, Arab Rep. | Exports of goods and services (constant 2015 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 constant 2015 prices, expressed in U.S. dollars. Development relevance: An economy's growth is measured by the change in the volume of its output or in the real incomes of its residents. The 2008 United Nations System of National Accounts (2008 SNA) offers three plausible indicators for calculating growth: the volume of gross domestic product (GDP), real gross domestic income, and real gross national income. The volume of GDP is the sum of value added, measured at constant prices, by households, government, and industries operating in the economy. GDP accounts for all domestic production, regardless of whether the income accrues to domestic or foreign institutions. 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
Arab Republic of Egypt
Records
63
Source