International trade

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These indicators cover trade in goods and services and its forecast, trade by business size, terms of trade, domestic value added in gross exports and import content of exports data. These data show the exchange between residents and non-residents of an economy, their value added in the production process and import content of exports. Data for imports and exports are shown in terms of annual growth and percentage of GDP; they are broken down by business size, net trade and export market growth in USD and percentage share for value added.

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Keywords:  trade in services, trade in goods, value added, trade, goods, gross exports, services, value, tiva, import content, goods and services, forecast

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Trade in goods and services forecast is defined as the projected value of change in ownership of material resources and services between one economy and another. Projections are based on an assessment of the economic climate in individual countries and the world economy, using a combination of model-based analyses and expert judgement. The indicator comprises net trade, imports and exports and export market growth. Net trade is the value of exports minus the value of imports; imports and exports are the value of goods and services imported or exported from other economies; export market growth measures the demand for a country’s exports constructed as a weighted average of import growth in all export destinations using export shares as weights. This indicator is measured in USD for net trade, annual growth rate for exports and imports and USD, 2010 prices for exports, imports and export market growth.

Also available in French
Keywords:  projection, services, goods and services, forecast, trade, goods
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