World services exports rise 16% according to new WTO figures
The WTO is releasing for the first time quarterly and monthly statistics on international trade in commercial services (on a balance of payments basis) for available economies. These statistics are current price numbers, not seasonally adjusted. According to these latest statistics, world exports in commercial services increased by 16% in the second quarter of 2011 compared to the same quarter of 2010.
World trade estimates are aggregated from individual reporters' quarterly balance-of-payments statistics taken from the IMF and Eurostat, supplemented with estimates for missing data, as well as national sources. Quarterly and monthly figures may not add up to annual figures published elsewhere in WTO statistical publications or online databases.
Frequency of updating: quarterly data are released every three months. Monthly statistics are updated twice a month.
Source: The World Trade Organization
