Continued high growth of services exports in 2025, with the highest relative increase in Africa
In another year of strong growth, world services exports surpassed $9.5 trillion in 2025, marking an 8% annual increase. While most other service categories enjoyed a solid rise, international trade of transport services increased by modest 2%, amidst tariff changes and transport-routes security considerations. International travel receipts grew in most regions. Estimates indicate that only […]
Strong growth of services exports from Africa in 2025
In 2025, both Northern Africa and Sub-Saharan Africa recorded a strong growth of services exports: 14% and 13%, respectively. These were the highest relative growth rates registered across the main world regions. In Africa, exports grew steadily in all major service categories, including transport, which recorded a 12% rise. By contrast, transport exports growth was […]
Five economies accounting for more than half of developing economies’ services exports
UNCTAD estimated that global exports of creative services reached a record of $1.7 trillion in 2024 – more than twice the value of $709 billion recorded for the exports of creative goods. While creative services exports grew by 12% year-on-year, exports of creative goods remained almost unchanged in 2024. Creative services already represent significant share of total trade in services, accounting for […]
Global trade in creative services booming while trade in creative goods stalls
UNCTAD estimated that global exports of creative services reached a record of $1.7 trillion in 2024 – more than twice the value of $709 billion recorded for the exports of creative goods. While creative services exports grew by 12% year-on-year, exports of creative goods remained almost unchanged in 2024. Creative services already represent significant share of total trade in services, accounting for […]