Tag: Global Trade

Global Services Trade Sees Strong Growth in 2023. Driven by Digital Services

According to the report global services trade experienced a significant increase in 2023, driven by the rapid growth of digital services. The data showed that global services exports increased by 8.3% in 2023, reaching $7.9 trillion. International travel receipts increased by 34%, reaching over $1.5 trillion, while transport exports suffered an 11% decline. Developing economies...
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