Pacific island small states - Merchandise exports (current US$)

The value for Merchandise exports (current US$) in Pacific island small states was 1,458,202,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 2,095,290,000 in 2014 and a minimum value of 59,964,520 in 1961.

Definition: Merchandise exports show the f.o.b. value of goods provided to the rest of the world valued in current U.S. dollars.

Source: World Trade Organization.

See also:

Year Value
1960 70,303,230
1961 59,964,520
1962 71,337,100
1963 85,811,300
1964 103,387,100
1965 92,014,530
1966 87,879,040
1967 99,251,620
1968 106,488,700
1969 111,658,100
1970 127,166,100
1971 132,335,500
1972 141,640,300
1973 192,300,000
1974 311,195,200
1975 289,483,900
1976 254,332,300
1977 342,211,300
1978 379,430,700
1979 492,122,600
1980 627,559,700
1981 538,646,800
1982 497,292,000
1983 437,327,500
1984 526,240,400
1985 447,666,200
1986 452,835,500
1987 498,325,900
1988 580,001,700
1989 637,387,000
1990 631,238,600
1991 612,793,300
1992 640,461,200
1993 681,450,800
1994 814,666,600
1995 912,709,600
1996 1,026,925,000
1997 901,591,400
1998 740,881,700
1999 843,978,500
2000 809,612,900
2001 742,903,200
2002 750,989,200
2003 937,978,500
2004 982,451,600
2005 1,010,753,000
2006 1,005,699,000
2007 1,148,215,000
2008 1,349,355,000
2009 974,365,600
2010 1,277,591,000
2011 1,791,054,000
2012 2,063,957,000
2013 1,846,645,000
2014 2,095,290,000
2015 1,530,212,000
2016 1,611,223,000
2017 1,688,234,000
2018 1,839,255,000
2019 1,758,244,000
2020 1,458,202,000

Limitations and Exceptions: Exports are recorded as the cost of the goods delivered to the frontier of the exporting country for shipment - the free on board (f.o.b.) value. Countries may report trade according to the general or special system of trade. Under the general system exports comprise outward-moving goods that are (a) goods wholly or partly produced in the country; (b) foreign goods, neither transformed nor declared for domestic consumption in the country, that move outward from customs storage; and (c) goods previously included as imports for domestic consumption but subsequently exported without transformation. Under the special system exports comprise categories a and c. In some compilations categories b and c are classified as re-exports. Because of differences in reporting practices, data on exports may not be fully comparable across economies. Data on exports of goods are derived from the same sources as data on imports. In principle, world exports and imports should be identical. Similarly, exports from an economy should equal the sum of imports by the rest of the world from that economy. But differences in timing and definitions result in discrepancies in reported values at all levels.

Statistical Concept and Methodology: Merchandise trade data are from customs reports of goods moving into or out of an economy or from reports of financial transactions related to merchandise trade recorded in the balance of payments. Because of differences in timing and definitions, trade flow estimates from customs reports and balance of payments may differ. Several international agencies process trade data, each correcting unreported or misreported data, leading to other differences. The data on total exports of goods (merchandise) are from the World Trade Organization (WTO), which obtains data from national statistical offices and the IMF's International Financial Statistics, supplemented by the Comtrade database and publications or databases of regional organizations, specialized agencies, economic groups, and private sources (such as Eurostat, the Food and Agriculture Organization, and country reports of the Economist Intelligence Unit). Country websites and email contact have improved collection of up-to-date statistics, reducing the proportion of estimates. The WTO database now covers most major traders in Africa, Asia, and Latin America, which together with high-income countries account for nearly 95 percent of world trade. Reliability of data for countries in Europe and Central Asia has also improved.

Aggregation method: Gap-filled total

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Exports