Caribbean small states - Transport services exports

Transport services (% of commercial service exports)

The value for Transport services (% of commercial service exports) in Caribbean small states was 20.72 as of 2020. As the graph below shows, over the past 45 years this indicator reached a maximum value of 54.24 in 1986 and a minimum value of 16.98 in 2019.

Definition: Transport services (% of commercial service exports) covers all transport services (sea, air, land, internal waterway, space, and pipeline) performed by residents of one economy for those of another and involving the carriage of passengers, movement of goods (freight), rental of carriers with crew, and related support and auxiliary services. Excluded are freight insurance, which is included in insurance services; goods procured in ports by nonresident carriers and repairs of transport equipment, which are included in goods; repairs of railway facilities, harbors, and airfield facilities, which are included in construction services; and rental of carriers without crew, which is included in other services.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1975 27.82
1976 26.52
1977 29.73
1978 26.36
1979 29.21
1980 28.10
1981 30.17
1982 31.67
1983 48.43
1984 45.77
1985 44.03
1986 54.24
1987 40.35
1988 37.38
1989 40.23
1990 41.78
1991 35.45
1992 37.20
1993 44.66
1994 43.25
1995 45.56
1996 33.26
1997 28.38
1998 27.21
1999 26.24
2000 29.55
2001 28.70
2002 26.89
2003 29.09
2004 28.01
2005 21.91
2006 19.62
2007 19.29
2008 18.17
2009 20.92
2010 19.82
2011 18.42
2012 29.70
2013 31.70
2014 29.78
2015 26.42
2016 26.61
2017 28.28
2018 21.05
2019 16.98
2020 20.72

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Exports