Exports of goods and services (current US$)

This economic indicator captures the total monetary value of all market-based goods and services sold to international markets, reflecting a nation's economic engagement with the global economy. It encompasses not only tangible products like merchandise but also a diverse array of services, including but not limited to travel, freight, insurance, and royalties. Such transactions signify a country’s competitive positioning and capacity to generate revenue from its offerings. However, it is important to note that this measure intentionally excludes factors such as employee compensation, investment income, and transfer payments, focusing solely on market-driven exchanges. By reporting in current U.S. dollars, it provides a snapshot of real-time economic performance, facilitating comparative analysis across countries and over time. Source: