Egypt, Arab Rep. | 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
Arab Republic of Egypt
Records
63
Source
Egypt, Arab Rep. | Exports of goods and services (current US$)
1960
1961
1962
1963
1964
1965 847750109.218
1966 862076408.3747
1967 943166740.38036
1968 700000000
1969 877723970.94431
1970 1091183119.8191
1971 1140015302.2188
1972 1182006204.757
1973 1366851945.427
1974 1879700810.3054
1975 2113327487.9439
1976 2285998013.9027
1977 3108577442.5539
1978 2947998787.1437
1979 4774142857.1429
1980 6612494096.9444
1981 6853648648.6487
1982 7282512315.2709
1983 7101280558.7893
1984 6987744571.06
1985 7119673332.6353
1986 5706267539.7568
1987 5106048703.8492
1988 6076093128.904
1989 7073523337.4639
1990 8748317631.2248
1991 10269192422.732
1992 11885776186.321
1993 12034813925.57
1994 11714116251.483
1995 13565319964.612
1996 14033018867.924
1997 14778761061.947
1998 13754427390.791
1999 13653789442.642
2000 16174959635.99
2001 16900269541.779
2002 15595505617.978
2003 17500000000
2004 22240259740.26
2005 27188019966.722
2006 32173913043.478
2007 39457092819.615
2008 53800000000
2009 47205081669.691
2010 46751361161.524
2011 48537005163.511
2012 45766666666.667
2013 49085271317.829
2014 43529411764.706
2015 43423180592.992
2016 34392638036.81
2017 37289402173.913
2018 47225661226.787
2019 53041002277.904
2020 47872738615.097
2021 44850223072.02
2022 71927051671.732
Egypt, Arab Rep. | 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
Arab Republic of Egypt
Records
63
Source