Indicator: Exports of goods and services (current US$) - Ranking 2024

Description	The “Exports of goods and services (current US$)” indicator, published by the World Bank, measures the total value of goods and services exported by an economy to non-residents during a given period. Exports of goods refer to changes in the economic ownership of goods from residents of the compiling economy to non-residents, regardless of whether the goods physically cross national borders. Exports of services include services provided by residents to non-residents. The indicator is expressed in current U.S. dollars, meaning that the values are not adjusted for changes in prices over time.
A cosa serve	The indicator is used to analyze the international trade performance and external economic relationships of an economy. It can be used to compare the value of exports across countries, examine changes in export activity over time, and assess the importance of foreign markets to the national economy. When combined with GDP, it can also be used to calculate the exports-to-GDP ratio, an indicator of an economy's degree of trade openness and its dependence on international demand. Together with imports, exports also contribute to the analysis of the trade balance and the external position of an economy.
Unit of measure	Millions of $
Aggregation Operator	Average

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