+8.2%year-on-year+2.2%quarter-on-quarter(seasonallyadjusted)GlobalservicesexportsvalueAbstractQuarterlybulletinQ12024Worldservicesexportsvalueincreasedby8.2%year-on-year(YoY)inthefirstquarterof2024.InacontinuedrecoveryfromtheCOVID-19pandemic,travelexportsregisteredariseofalmost20%YoY.Internationaltransportservicessales,whichhadrecoveredfromthepandemicearlier,increasedby1%inQ1,afterregisteringadecreaseineveryquarterof2023.Thequarter-on-quarterseasonallyadjustedgrowthrateofservicesexportswasestimatedat2.2%inQ12024,slightlyhigherthaninQ42023.ThehighestrelativeexpansionwasrecordedforAsiaandOceania.ThemaindriveroftheYoYriseofservicesexportsinQ12024wastheamplegrowthofinternationaltravelreceipts.July2024UNCTAD/STAT/INF/2024/3#02StatisticsService,UNCTADstatistics@unctad.orgUNITEDNATIONSCONFERENCEONTRADEANDDEVELOPMENTBulletinTradeinServicesTradeinServicesThepresentedtradeinservicesstatisticsfollowtheIMFBalanceofPaymentsManual6(BPM6,2009)classifcation.Quarterlyestimatesarebasedonthestatisticsavailableinnationalandinternationalsourcesforsome150economies,representingover85%oftotalinternationalservicestrade.2BulletinTradeinServices#02JULY2024ContentsThedesignationsemployedandthepresentationofmaterialinthisworkdonotimplytheexpressionofanyopinionwhatsoeveronthepartoftheUnitedNationsconcerningthelegalstatusofanycountry,terri...
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