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WTO: 2012 NEWS ITEMS

SHORT-TERM TRADE IN COMMERCIAL SERVICES STATISTICS

World exports of commercial services slowed sharply in the fourth quarter of 2011 — WTO and UNCTAD step up their cooperation in statistics on trade in services

According to preliminary estimates by the WTO and UNCTAD, in the fourth quarter of 2011, world exports of commercial services rose by 3% year-on-year (balance-of-payments basis, current price, not seasonally adjusted). This is significantly lower than the 12% year-on-year increase recorded in the third quarter.

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Starting this year, statistics on international trade in services released by the WTO and UNCTAD are being produced jointly by the two organizations in an effort to improve data quality, avoid duplication and consequently provide more transparent data to users of these statistics.

World exports of commercial services Q1-Q4 2011
(percentage change, year-on-year)

  Q1 2011 Q2 2011 Q3 2011 Q4 2011

World
Source: WTO/UNCTAD

Detailed data available at:

• WTO (excel format with overview of developments)

• UNCTAD (database format)

World trade estimates are aggregated from individual reporters’ quarterly balance-of-payments statistics taken from the IMF and Eurostat, supplemented with estimates for missing data, as well as national sources. Quarterly figures may not add up to annual figures published elsewhere in WTO or UNCTAD statistical publications or online databases. Quarterly data are released every three months.

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