Upper middle income - Transport services imports

Transport services (% of commercial service imports)

The value for Transport services (% of commercial service imports) in Upper middle income was 28.90 as of 2020. As the graph below shows, over the past 38 years this indicator reached a maximum value of 59.86 in 1989 and a minimum value of 24.38 in 2016.

Definition: Transport services (% of commercial service imports) 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
1982 55.38
1983 57.87
1984 47.19
1985 55.31
1986 58.73
1987 57.05
1988 55.42
1989 59.86
1990 59.45
1991 51.67
1992 42.70
1993 42.19
1994 41.98
1995 37.96
1996 38.19
1997 32.17
1998 29.65
1999 29.92
2000 32.09
2001 32.35
2002 31.38
2003 33.52
2004 35.29
2005 35.96
2006 36.04
2007 35.87
2008 35.96
2009 31.92
2010 33.90
2011 33.78
2012 32.92
2013 30.43
2014 27.39
2015 24.99
2016 24.38
2017 25.47
2018 26.12
2019 25.77
2020 28.90

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Imports