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Global Digitally Delivered Services Trade Surges to $4.3 Trillion in 2023
From 2005 to 2023, global trade in digitally delivered services* expanded at a compound annual growth rate (CAGR) of 8.2%, outpacing the...
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Jan 261 min read
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China’s $171 Billion Services Trade Deficit in 2023 vs. U.S. and EU Surpluses of $278 Billion and $177 Billion
- U.S. Services Trade (2023): $1,027 billion in exports, $748 billion in imports, and a $278 billion trade surplus. The surplus was...
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Jan 41 min read
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Global Growth in Services Trade Surpasses Goods Trade Post-2010
From 1980 to 2011, global services trade grew at an annual growth rate (CAGR) of 7.9%, slightly outpacing the 7.3% growth in goods trade....
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Jan 41 min read
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