South Asia (IDA & IBRD) | 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
South Asia (IDA & IBRD)
Records
63
Source
South Asia (IDA & IBRD) | Exports of goods and services (current US$)
2785818891.879 1960
2877994784.0006 1961
3009406706.751 1962
3361474365.7372 1963
3430226784.2156 1964
3502306814.4031 1965
3511416776 1966
3695415652.7177 1967
3846416416.658 1968
3945456620.6099 1969
4583297414.9108 1970
4587416661.6345 1971
4684869903.8528 1972
5945453354.6714 1973
7647038280.1143 1974
8751827362.0757 1975
10095252318.408 1976
11522845467.526 1977
12330484712.182 1978
14952812175.934 1979
17105460641.596 1980
17951486969.156 1981
17841202583.831 1982
19023063855.315 1983
19735153256.65 1984
18756783183.423 1985
20053348649.017 1986
23759332866.016 1987
27213821544.493 1988
30661663791.192 1989
33607679800.351 1990
36169216620.53 1991
40397525798.583 1992
43479687572.749 1993
49099579354.27 1994
59703129209.842 1995
62571670015.682 1996
67109561477.043 1997
70133737065.35 1998
75747875163.407 1999
85583467483.693 2000
86640459350.71 2001
99124847780.021 2002
120143565977.88 2003
159147735889.4 2004
199781715734.48 2005
244419122379.5 2006
302090453450.82 2007
344474458824.22 2008
328363770518.02 2009
436686037321.96 2010
525543727175.18 2011
526638531395.35 2012
555876744127.69 2013
554634970609.1 2014
501858659293.97 2015
525332217978.36 2016
587314520788.14 2017
635076093840.84 2018
629846076309.06 2019
584119947564.59 2020
772559106506.89 2021
898481254588.39 2022

South Asia (IDA & IBRD) | 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
South Asia (IDA & IBRD)
Records
63
Source