The global landscape of Transport Services Exports (BOP) shows significant variations by country. Mozambique leads with notable growth at 6.27%, while Luxembourg exhibits a strong surge at 21.8%. However, countries like China and Ukraine faced sharp declines at -10.57% and -10.46% respectively. African regions, such as Angola, see the highest upswing at 39.22%. Conversely, some European countries like Latvia and Estonia experienced negative trends. Asia presents a mixed bag with countries like Malaysia and Thailand showing growth, whereas Saudi Arabia grapples with a -7.59% dip.
Future trends to watch include potential upticks in digital and technological integration in transport services, potentially leading to increased export values. Continued geopolitical events and economic policies will remain influencers, especially for countries currently experiencing high volatility. Monitoring environmental policies and sustainable transport initiatives will also be crucial for assessing future market behaviors.
Top countries in Transport Services Exports (BOP) by Country
| # | 10 Countries | Percent of Services Exports | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Mozambique | 83.07 | 2023 | +6.25% | +6.27% | View data |
| 2 | 2 Ethiopia | 76.17 | 2023 | +0.5% | +2.8% | View data |
| 3 | 3 Tajikistan | 72.7 | 2023 | -0.21% | -0.59% | View data |
| 4 | 4 Brunei | 70.64 | 2023 | +0.9% | +5.84% | View data |
| 5 | 5 Denmark | 68.76 | 2023 | +0.99% | +6.04% | View data |
| 6 | 6 Azerbaijan | 64.69 | 2023 | +0.95% | +19.95% | View data |
| 7 | 7 Qatar | 62.02 | 2023 | -1.09% | +2.41% | View data |
| 8 | 8 Kazakhstan | 60.93 | 2023 | +3.46% | +2.14% | View data |
| 9 | 9 Djibouti | 58.69 | 2023 | +2.99% | +1.92% | View data |
| 10 | 10 Panama | 56.89 | 2023 | +4.64% | +2.9% | View data |
