Transport services (% of commercial service imports)

This indicator encompasses the diverse range of transport services executed by residents of one nation for those in another, reflecting the interconnectedness of global trade and travel. It includes various modalities, such as maritime, aerial, terrestrial, and pipeline transportation, along with auxiliary services that facilitate the safe and efficient movement of passengers and goods. The measure provides insight into the reliance on international transport networks, excluding specific components like freight insurance, port-procured goods, and repair services tied to transport infrastructure, which fall under distinct categories. By analyzing this indicator, stakeholders can gauge economic dependencies on transport services and assess the broader implications for trade competitiveness and logistical efficiency in a globalized economy. Source: