• 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?

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.

  • $\begingroup$ 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. $\endgroup$ 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. $\endgroup$ Jun 20 '18 at 22:23

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