The United States leads in global commercial service exports with a 13.25% share, while the UK follows at 7.5%. Ireland shows significant growth with a 12.59% increase, and China experiences a notable decline of -19.52%. Other rising countries include India and Singapore, indicating a positive shift in Asia. In contrast, countries like Australia, Thailand, and Russia show decreasing trends in their shares.
Future trends to watch include potential expansion in service exports for rising markets like India and Singapore, and possible recoveries for China. Monitoring shifts in technological advancements and digital service demands will be key to understanding global dynamics.
Top countries in Commercial Service Exports Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 13.25 | 2023 | +1.34% | +1.58% | View data |
| 2 | 2 United Kingdom | 7.5 | 2023 | +2.93% | +3.73% | View data |
| 3 | 3 Germany | 6.29 | 2023 | +2.48% | +4.29% | View data |
| 4 | 4 Ireland | 5.84 | 2023 | +12.68% | +12.59% | View data |
| 5 | 5 China | 5.54 | 2023 | +17.6% | -19.52% | View data |
| 6 | 6 India | 4.91 | 2023 | +9.44% | +10.58% | View data |
| 7 | 7 France | 4.81 | 2023 | -3.39% | +1.85% | View data |
| 8 | 8 Singapore | 4.5 | 2023 | +6.54% | +8.39% | View data |
| 9 | 9 Netherlands | 3.19 | 2023 | +2.87% | +1.86% | View data |
| 10 | 10 Japan | 2.47 | 2023 | +2.27% | -2.17% | View data |
