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International trade in services was main driver of growth in global trade in 2014

Published on December 10, 2015

International service exports accounted for 21 per cent of total global exports (valued at just over $5 trillion) in 2014, a growth of almost 5 per cent compared with the previous year, while merchandise exports (valued at $19 trillion), increased by only 0.3 per cent in the year, as measured in current prices, UNCTAD's Handbook of Statistics 2015 reveals. Total global exports for 2014 were valued at $24 trillion, up by 1.2 per cent compared with the previous year. Read more. Source | UNCTAD