Egypt, Arab Rep. | Exports of goods and services (% of GDP)

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. 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 (% of GDP)
1960 19.86619334
1961 17.64630718
1962 15.05238008
1963 17.75885746
1964 18.3980464
1965 17.13087619
1966 16.33337423
1967 16.82578507
1968 11.79992123
1969 13.45283159
1970 13.56821589
1971 13.24169802
1972 12.7102388
1973 13.53515136
1974 20.36741034
1975 18.16794181
1976 17.16731796
1977 21.58613381
1978 19.903171
1979 26.49273846
1980 30.51463829
1981 30.96143632
1982 26.33327396
1983 22.93233083
1984 20.56962025
1985 18.230563
1986 13.83219955
1987 12.62135922
1988 17.37012987
1989 17.79220779
1990 20.35490605
1991 27.46666667
1992 28.39683681
1993 25.83762887
1994 22.57142857
1995 22.54901961
1996 20.74978204
1997 18.8416698
1998 16.21433542
1999 15.0520156
2000 16.20111732
2001 17.47978812
2002 18.31617841
2003 21.79640719
2004 28.22996085
2005 30.34354689
2006 29.94981383
2007 30.24973147
2008 33.04299274
2009 24.95682211
2010 21.34924581
2011 20.56742761
2012 16.39696662
2013 17.01784562
2014 14.24413146
2015 13.18384549
2016 10.34546394
2017 15.01408682
2018 17.98465561
2019 16.64403145
2020 12.47277574
2021 10.56115022
2022 15.08702582

Egypt, Arab Rep. | Exports of goods and services (% of GDP)

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. 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