List of countries by exports per capita

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This is a list of countries by exports per capita . The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1. The following tables shows the per capita value of total, merchandise and service exports, expressed in United States dollars (current prices), according to United Nations Conference on Trade and Development (UNCTAD), [1] [2] [3] World Trade Organization, [4] [5] and World Bank. [6] [7] [8]

Contents

International merchandise trade measures the value of goods which add or subtract from the stock of material resources of an economy by entering or leaving its territory. [9] The value of exports is recorded as the free-on-board value (FOB).

In the following tables, two trade systems are shown: the General Trade System and the Special Trade System. The General Trade System is used when the statistical territory of a compiling country coincides with its economic territory. Consequently, exports include all goods leaving the economic territory of a compiling country. The Special Trade System is used when the statistical territory comprises only a particular part of the economic territory within which goods may be disposed without customs restriction (free circulation area). Exports include all goods leaving the free circulation area. However, goods entering and goods leaving an industrial free zone are not recorded since they have not been cleared through customs for home use. The products processed in free zones are also excluded from exports. [9]

Countries and territories using the special trade system are: Algeria; American Samoa; Andorra; Angola; Argentina; Armenia; Austria; Belgium; Belgium-Luxembourg; Benin; Bosnia and Herzegovina; Botswana; Brunei Darussalam; Bulgaria; Burundi; Cameroon; Central African Republic; Chad; Chile; Comoros; Congo; Costa Rica; Côte d'Ivoire; Croatia; Cuba; Cyprus; Czech Republic; Dem. Rep. of the Congo; Denmark; Dominica; Estonia; Finland; France; French Guiana; French Polynesia; Gabon; Germany; Greece; Grenada; Guinea; Guyana; Hungary; Iceland; Iran, Islamic Rep. of; Iraq; Ireland; Israel; Italy; Kazakhstan; Kuwait; Lao People's Dem. Rep.; Latvia; Liberia; Lithuania; Luxembourg; TFYR of Macedonia; Madagascar; Mali; Malta; Mauritania; Montserrat; Morocco; Netherlands; Netherlands Antilles; New Caledonia; Niger; Panama; Peru; Poland; Portugal; Qatar; Romania; Saint Kitts and Nevis; Saint Lucia; Saint Vincent and the Grenadines; Sao Tome and Principe; Saudi Arabia; Serbia and Montenegro; Sierra Leone; Slovakia; Slovenia; Solomon Islands; Spain; Sweden; Switzerland; Syrian Arab Republic; Thailand; Togo; Trinidad and Tobago; Turkey; United Kingdom; Yemen. [9]

Balance of Payments and International Investment Position Manual, Sixth Edition - BPM6 (paragraph 10.8) explains services and its distinction from goods as follows: "Services are the result of a production activity that changes the conditions of the consuming units, or facilitates the exchange of products or financial assets. Services are not generally separate items over which ownership rights can be established and cannot generally be separated from their production. However, […] some knowledge-capturing products, such as computer software and other intellectual property products, may be traded separately from their production, like goods. In the balance of payments goods and services account, the valuation of goods includes transport within the exporting economy as well as wholesale and retail services indistinguishably in the price of the goods. Furthermore, the value of some service items includes the values of some goods, in the cases of travel, construction, and government goods and services n.i.e. Some services, particularly manufacturing services, repairs, and freight transport, also relate to goods." [10]

Totals of international trade presented in the following tables are not strictly comparable. Discrepancies arise due to the use of different complementary sources. The trade figures of groups of economies are the sums of the trade values of the component individual economies.

By total exports per capita

Sorting is alphabetical by country code, according to ISO 3166-1 alpha-3.

By merchandise exports per capita

Sorting is alphabetical by country code, according to ISO 3166-1 alpha-3.

By service exports per capita

Sorting is alphabetical by country code, according to ISO 3166-1 alpha-3.

Related Research Articles

<span class="mw-page-title-main">International trade</span> Exchange across international borders

International trade is the exchange of capital, goods, and services across international borders or territories because there is a need or want of goods or services.

<span class="mw-page-title-main">Economy of Papua New Guinea</span>

The economy of Papua New Guinea (PNG) is largely underdeveloped with the vast majority of the population living below the poverty line. However, according to the Asian Development Bank its GDP is expected to grow 3.4% in 2022 and 4.6% in 2023. It is dominated by the agricultural, forestry, and fishing sector and the minerals and energy extraction sector. The agricultural, forestry, and fishing sector accounts for most of the labour force of PNG while the minerals and energy extraction sector, including gold, copper, oil and natural gas is responsible for most of the export earnings.

ISO 3166-1 is a standard defining codes for the names of countries, dependent territories, and special areas of geographical interest. It is the first part of the ISO 3166 standard published by the International Organization for Standardization.

<span class="mw-page-title-main">ISO 3166-1 alpha-2</span> Two-letter country codes defined in ISO 3166-1

ISO 3166-1 alpha-2 codes are two-letter country codes defined in ISO 3166-1, part of the ISO 3166 standard published by the International Organization for Standardization (ISO), to represent countries, dependent territories, and special areas of geographical interest. They are the most widely used of the country codes published by ISO, and are used most prominently for the Internet's country code top-level domains. They are also used as country identifiers extending the postal code when appropriate within the international postal system for paper mail, and have replaced the previous one consisting one-letter codes. They were first included as part of the ISO 3166 standard in its first edition in 1974.

Real gross domestic product is a macroeconomic measure of the value of economic output adjusted for price changes. This adjustment transforms the money-value measure, nominal GDP, into an index for quantity of total output. Although GDP is total output, it is primarily useful because it closely approximates the total spending: the sum of consumer spending, investment made by industry, excess of exports over imports, and government spending. Due to inflation, GDP increases and does not actually reflect the true growth in an economy. That is why the GDP must be divided by the inflation rate to get the growth of the real GDP. Different organizations use different types of 'Real GDP' measures, for example, the UNCTAD uses 2015 Constant prices and exchange rates while the FRED uses 2009 constant prices and exchange rates, and recently the World Bank switched from 2005 to 2010 constant prices and exchange rates.

<span class="mw-page-title-main">Non-tariff barriers to trade</span> Type of trade barriers

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ISO 3166-1 numeric codes are three-digit country codes defined in ISO 3166-1, part of the ISO 3166 standard published by the International Organization for Standardization (ISO), to represent countries, dependent territories, and special areas of geographical interest. They are similar to the three-digit country codes developed and maintained by the United Nations Statistics Division, from which they originate in its UN M.49 standard. They were first included as part of the ISO 3166 standard in its second edition in 1981, but they were released by the United Nations Statistics Division since as early as 1970.

Trade in services statistics are economic statistics which detail international trade in services. They received a great deal of focus at the advent of services negotiations which took place under the Uruguay Round, which became part of the General Agreement on Trade in Services, one of the four principal pillars of the World Trade Organization (WTO) trade treaty, also called the "WTO Agreement".

<span class="mw-page-title-main">Import</span> Good brought into a jurisdiction

An import is the receiving country in an export from the sending country. Importation and exportation are the defining financial transactions of international trade.

References

  1. United Nations Conference on Trade and Development. "Total and urban population, annual". unctadstat.unctad.org. Retrieved 2023-11-11.
  2. 1 2 3 United Nations Conference on Trade and Development. "Merchandise: Total trade and share, annual". unctadstat.unctad.org. Retrieved 2023-11-11.
  3. 1 2 3 United Nations Conference on Trade and Development. "Services (BPM6): Exports and imports by service-category, trade-partner World, annual". unctadstat.unctad.org. Retrieved 2023-11-11.
  4. 1 2 3 World Trade Organization. "Marchendise trade". stats.wto.org. Retrieved 2023-11-11.
  5. 1 2 3 World Trade Organization. "Commercial Services Trade". stats.wto.org. Retrieved 2023-11-11.
  6. 1 2 3 World Bank. "Merchandise exports (current US$)". data.worldbank.org. Retrieved 2023-11-11.
  7. 1 2 3 World Bank. "Service exports (BoP, current US$)". data.worldbank.org. Retrieved 2023-11-11.
  8. 1 2 World Bank. "Exports of goods and services (BoP, current US$)". data.worldbank.org. Retrieved 2023-11-11.
  9. 1 2 3 United Nations. "International Merchandise Trade Statistics: Concepts and Definitions" (PDF). Series M, No.52, Rev.2. Retrieved 2023-11-11.
  10. International Monetary Fund. "Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6)" (PDF). Retrieved 2023-11-11.