2
$\begingroup$
  • Looking at country lists by exports.
  • Diving into exports always shows things like gas turbines, computer hardware, petrolium -- all physical things.
  • None show things like exporting services: financial services, engineering consulting, licensing software. I would imagine that would be a considerable component in countries like UK. In some countries medical tourism might bring considerable revenue.
  • If traditional export metric is for hard products only is there a metric that encompasses service export as well? And is there any data on account balance (export - inport) of countries with services included?
$\endgroup$
0
$\begingroup$

Found a fairly nice one from OECD. It includes combined trade in goods and services as a percentage of GDP. It is also possible to drill into goods only (which seems most commonly presented in the public domain) or services only data.

$\endgroup$
  • $\begingroup$ So the answer to your question is that exports do include services and the question was based on a mistaken assumption? $\endgroup$ – Giskard Jun 18 '18 at 15:19
  • $\begingroup$ It seems it is a fuzzy definition and normally what is meant by exports only includes hard products which is misleading. $\endgroup$ – A.L. Verminburger Jun 19 '18 at 12:42
  • $\begingroup$ @A.L.Verminburger Every definition of total exports I have seen includes services. As a result, this answer does seem to answer the question, and it would be best to mark the question as answered. $\endgroup$ – Brian Romanchuk Jun 20 '18 at 22:23

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Not the answer you're looking for? Browse other questions tagged or ask your own question.