Transport services (% of commercial service exports)

This indicator encompasses the full spectrum of transport services rendered by residents of one economy to residents of another, reflecting a crucial element of international trade dynamics. It includes a diverse array of transport modalities—sea, air, land, internal waterways, and pipelines—facilitating the movement of both passengers and freight. Additionally, it covers the rental of crewed carriers and related auxiliary services that support efficient transport operations. However, it strategically excludes certain financial and operational components like freight insurance, which falls under insurance services, and specific maintenance activities classified in construction or other service sectors, ensuring a focused gauge of the transport sector's contribution to commercial service exports. This distinction aids in understanding transport's pivotal role within global economic linkages and supply chains. Source: