The World Bank Group is the largest development finance institution in the world. China had a total export of 2,494,230,194.97 in thousands of US$ and total imports of 2,134,982,614.99 in thousands of US$ leading to a positive trade balance of 359,247,579.98 in thousands of US$ The Effectively Applied Tariff Weighted Average (customs duty) for China is 3.39% and the Most Favored Nation (MFN) Weighted Average tariff is 4.27%.The trade growth is 2.31% compared to a world growth … View All Projects . Welcome to the Global Markets/Commercial Service Liaison Office to the World Bank. Research View All Research Arrow. DHAKA, October 10, 2019: The Bangladesh economy sustains strong growth in FY19 led by rising exports and record remittances, says a new World Bank report, “Bangladesh Development Update October 2019: Tertiary Education and Job Skills,” launched today.. Remittances grew by 9.8 percent, reaching a record $16.4 billion in FY19. If global exports rise July 15, 2020 (MLN): The World Bank, in collaboration with Gallup Pakistan, has released a report that focuses on the recent trends in the Pakistani IT sector and the obstacles confronted by IT firms. April 12, 2021. A World Bank-supported project has helped Jilin, a major agricultural province in the Northeast China, make food safe for people. India's economic growth in recent years has been "too much" driven by domestic demand and its exports were about one third of its potential, a World Bank official said, asserting that the next government needs to focus on export-led growth. To learn more about cookies, click here. The indicators cover the education cycle from pre-primary to tertiary education. World Development Indicators (WDI) is the primary World Bank collection of development indicators, compiled from officially recognized international sources. World Bank International Labour Organization ISBN (paper): 978-1-4648-1248-4 ISBN (paper): 978-92-2-131576-6 Project. Developing countries should diversify their exports since this can, for example, help them to overcome export instability or the negative impact of terms of trade in primary products. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. The Export Value Added Database provides information on the domestic value-added content of domestic output and exports for 118 countries across 27 sectors of the economy, including 9 commercial services sectors, 3 primary sectors, and 14 manufacturing sectors, spanning intermittent years between 1997 and 2011.Trade data is usually measured at transaction values, which are gross … License : CC BY-4.0. Nepal's total export in the last fiscal year 2019-20 that ended in mid-July 2020 was worth 815 million U.S. dollars, according to the Nepal Rastra Bank, the central bank of the country. The measures in the EDD cover the basic micro-characteristics of the export sector (number of exporters, their size, and their growth), the degree of concentration and of diversification of exporters, their dynamics in terms of entry, exit, and survival, and the average unit prices of the products they trade. Label. Trade (% of GDP) World Bank national accounts data, and OECD National Accounts data files. World had a total export of 20,834,690,355.83 in thousands of US$ and total imports of 18,875,211,882.52 in thousands of US$ leading to a positive trade balance of 1,959,478,473.32 in thousands of US$ The Effectively Applied Tariff Weighted Average (customs duty) for World is 4.96% and the Most Favored Nation (MFN) Weighted Average tariff is 8.07%.The trade growth is 3.50% compared … Export and import unit value indices, derived terms of trade and purchasing power of exports indices are also provided. Line Bar Map. Malaysia services export is 40,153,904,521 in BoP, current US$ and services import is 44,574,194,601 in Bop, current US$.Malaysia exports of goods and services as percentage of GDP is 68.76% and imports of goods and services as percentage of GDP is 61.75%. Breakdowns by level of government, type of instrument, currency, and maturity are provided, using standard definitions to support cross-country comparisons. “Nepal’s untapped export potential is estimated to be around US$9.2 billion, 12 times its actual annual merchandise exports,” said Dr. Kene Ezemenari, World Bank Senior Economist and lead author of the update. Measuring Export Competitiveness website provides quarterly indicators of export performance for all countries of the world, and of the extent to which their performance is driven by exporter own supply-side capacity as opposed to external or compositional factors, including product and geographical specialization and how these trends compare across countries. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. Keeping Food Safe from Farm to Table. countries of the world, and of the extent to which their performance is driven by exporter own supply-side World Development Indicators (WDI) is the primary World Bank collection of development indicators, compiled from officially recognized international sources. Find Out, Online tool for visualization and analysis. Export diversification can lead to higher growth. Measuring Export Competitiveness website provides quarterly indicators of export performance for all converted to U.S. dollars and expressed as a percentage of the average for the base period (2000). Tweet. Chapter 2 looks at export performance and competitiveness utilizing key elements of the World Bank’s Trade Competitiveness Diagnostic Framework. How can national policymakers and business leaders know whether and why their exports are competitive and by how much? Access Ghana’s economy facts, statistics, project information, development research from experts and latest news. (see "Compare Countries"). Explore raw data about the World Bank Group’s finances, including disbursements and management of global funds. The World Bank EdStats Query holds around 2,500 internationally comparable education indicators for access, progression, completion, literacy, teachers, population, and expenditures. A joint World Bank-IMF database that presents public sector debt statistics (general government plus public corporations) with quarterly frequency. The value index is the current value of exports (f.o.b.) According to UNCTAD’s Economic Development In Africa 2019 report, in the period of 2015-2017, total trade from Africa to the rest of the world averaged $760 billion in current prices, and the share of exports from Africa to the rest of the world ranged from 80% … Share: Share. The total value of imports (CIF) is US$ 273,346 million. share in global exports. One often heard explanation for the contrasted experiences of manufacturing export strategies is that exporting is subject to learning-by-doing (e.g. Export values are the current value of exports (f.o.b.) We provide a wide array of financial products and technical assistance, and we help countries share and apply innovative knowledge and solutions to the challenges they face. Learn more at the How to use the MEC Database section. But if the country’s converted to U.S. dollars and expressed as a percentage of the base period (2000). Thanks to trade data that are In 2016, Ethiopia exported $1.3 billion and imported $9.5 billion, resulting in a negative trade balance of -$8.2 billion. More. Export values are the current value of exports (f.o.b.) Are they in burgeoning sectors? exports rise more, it’s becoming more competitive. Exports of goods and services (% of GDP) World Bank national accounts data, and OECD National Accounts data files. The comparator countries are computed using a methodology developed... To explore a region's export competitiveness, click one of the following regions (see chart description below). The International Bank for Reconstruction & Development (IBRD), the oldest of the World Bank Group institutions, aims to reduce poverty in middle-income and creditworthy low-income countries by promoting sustainable development through loans, guarantees, risk management products, and (nonlending) analytic and advisory services.IBRD has 185 member countries. The International Bank for Reconstruction & Development (IBRD), the oldest of the World Bank Group institutions, aims to reduce poverty in middle-income and creditworthy low-income countries by promoting sustainable development through loans, guarantees, risk management products, and (nonlending) analytic and advisory services.IBRD has 185 member countries. Export diversification can lead to higher growth. The World Bank Group works in every major area of development. Ethiopia exported 43 different products in 2015. This site uses cookies to optimize functionality and give you the best possible experience. capacity as opposed to external or compositional factors, including product and geographical specialization UNCTAD's export value indexes are reported for most economies. It presents the most current and accurate global development data available, and includes national, regional and global estimates. Barbados exported 43 different products in 2015. The World Bank will continue to work with China to address institutional gaps and increase its contribution to global public goods. World Integrated Trade Solution (WITS) software provides access to international merchandise trade, tariff and non-tariff measures (NTM) data. The Export Value Added Database provides information on the domestic value-added content of domestic output and exports for 118 countries across 27 sectors of the economy, including 9 commercial services sectors, 3 primary sectors, and 14 manufacturing sectors, spanning intermittent years between 1997 and 2011.Trade data is usually measured at transaction values, which are gross … Browse the Country profile section to obtain countries exports, imports and tariff statistics along with relevant development data. Agriculture can help reduce poverty, raise incomes and improve food security for 80% of the world's poor, who live in rural areas and work mainly in farming. Are they in expanding markets? By. If global exports rise and a region’s exports rise by a similar amount, there is no change in its export competitiveness. Established in December 1945 following ratification of the Bretton Woods agreements to facilitate post-World War II reconstruction, today it is dedicated to achieving two overarching goals: ending extreme poverty by … 2012 2013 2014 2015 2016 2017 2018 Trillion 2.3 2.4 2.5 2.6 2.7 2.8 2.9 World. The Energy & Extractives Open Data Platform is provided by the World Bank Group and is comprised of open datasets relating to the work of the Energy & Extractives Global Practice, including statistical, measurement and survey data from ongoing projects. Download PDF (1.9 mb) The African Continental Free Trade Area - World Bank Adjusted Mkt Share decomposed by Tech, Skill or Processing stage. World Bank. It presents the most current and accurate global development data available, and includes national, regional and global estimates. If you continue to navigate this website beyond this page, cookies will be placed on your browser. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. Latest news and information from the World Bank and its development work in Cote d'Ivoire. Export (US$ Mil) 1,665,303: Weighted Average Tariff (%) 1.59: Trade (% of GDP) 27.54: GDP (current US$ Mil) 20,544,343 about why. WITS TradeStat Database is designed with the purpose of providing the latest international merchandise and commercial services trade data and overview of country and region's imports and exports, tariff and non-tariff measures. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. It shows for example the trade downturn after the global crisis was not only associated with a natural phasing out of the impact of lower trade costs worldwide, but it was also strongly influenced by a negative demand shock in the euro area and by the reorientation of growth towards domestic demand in China. World Integrated Trade Solution Trade Stats. Export - FOB; Import - CIF: Currency Unit : Notes : 1) Mirror Exports is considered for export data 2) All Countries except World and EUN are considered as partner group 3) Product 'Total' is used for this computation 4) The indicator is computed at reporter-partner level and aggregated to reporter level: Last Updated : Jan-03-2020 Access Cote d'Ivoire’s economy facts, statistics, project information, development research from experts and … The World Bank’s Russia Economic Report analyzes recent economic developments, presents the medium-term economic outlook, and provides an in-depth analysis of a particular topic. Merchandise imports (current US$) Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) Export value index (2000 = 100) Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) Merchandise exports to economies in the Arab World … High-technology exports (current US$) United Nations, Comtrade database through the WITS platform. The change in a region’s exports in relation to changes in global exports. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). WITS TradeStat Database is designed with the purpose of providing the latest international merchandise and commercial services trade data and overview of country and region's imports and exports, tariff and non-tariff measures. The World Bank Group is the largest development finance institution in the world. Line Bar Map. policies fueling or suffocating exports? Exports of goods and services (annual % growth), Exports of goods and services (constant LCU), Exports of goods and services (constant 2010 US$), Exports of goods and services (current US$), Exports of goods and services (current LCU), Exports as a capacity to import (constant LCU), International Comparison Program & Purchasing Power Parity, International Household Survey Network (IHSN), Trust Fund for Statistical Capacity Building. This will be the foundation for Nepal to emerge stronger from the crisis,” stated Faris Hadad-Zervos, World Bank Country Director for Maldives, Nepal, and Sri Lanka. The World Integrated Trade Solution (WITS) tool accesses and retrieves information on trade and tariffs which is compiled by several international organizations, including the World Bank. Apr 07, 2021: Given Pakistan’s observable characteristics in terms of economic size, level of development, remoteness, and factor endowments, it is estimated that Pakistan’s potential annual exports are at US$ 88.1 billion, about 4 times the actual current level, World Bank said in its recent report "Pakistan Development Update". Imports of goods and services represent the value of all goods and other market services received from the rest of the world.
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