WTO Total Export Value - Fastest Improvement Country Projects
The WTO Total Export Value Indicator In the complex landscape of global economics, the WTO Total Export Value indicator serves as the primary heartbeat for measuring international trade health. Managed by the World Trade Organization (WTO), this indicator quantifies the total monetary value of goods and services leaving a country’s borders, providing a critical metric for economic growth, competitiveness, and global integration. What is the Total Export Value Indicator? The indicator measures the current value of exports—typically recorded as Free on Board (f.o.b.) —converted into a common currency, usually the U.S. dollar ($). It is split into two primary categories: Merchandise Trade: Physical goods like electronics, cars, oil, and agricultural products. Commercial Services: Non-physical trade such as software, financial services, tourism, and transport. The Formulaic View While it appears as a simple sum, the WTO and World Bank often express this as a Value Index to track ...