Trade In Services

Report Q3 2019

Trade inServices

Contents

World Exports of Commercial Services4

Leading World Exporters of Transport Service5

UAE Trade in Services Trend7

UAE Trade in Services by Category8

UAE Freight Forecast 9

UAE Logistics Performance LPI Ranking (World

Bank)

12Arab Countries export of services

10

Trade InServices WORLD AT A GLANCE

Trade in Services World at a glance

World Exports of

Commercial Services

IP ,Business services and Telecom

categories exhibited the highest growth in

2017.

World Trade Statistical Review ,WTO,2018

9.8

7.87.3

5.4

3.8

0.5

0

2

4

6

8

10

12

% a

nn

ual

ch

ange

20

17

World Export of Commercial Services 2017

IP

Business Services

Telecom

Financai

Personal Cultural&Recreation

Insurance& Personal Services

Trade in Services World at a glance

Leading World Exporters

of Transport Service

UAE ranks in the 6th position among leading

world exporters of transport service .UAE

exported 28 Billion US$ worth of transport services in 2017

with an annual growth of 10%

World Trade Statistical Review ,WTO,2018

12

3

6

10

87

10 10

16

12

0

2

4

6

8

10

12

14

16

18

0

50

100

150

200

250

300

350

400

450

% G

row

th

illio

n U

S$

Leading Transport Exporters 2017

Exports % Growth

UAE

TRADE IN SERVICES

HIGHLIGHTS

Trade in Services

Trade in ServicesUAE Trade in services

highlights

UAE Trade in Services

Trend

We can see an important development .

Export of services was increasing and import

was decreasing ,resulting in net balance

approaching zero in 2018.

58 6166

71 72

85 82

70 72 72

0

10

20

30

40

50

60

70

80

90

2014 2015 2016 2017 2018

BIL

LIO

N U

S$

UAE TRADE IN SERVICES

Exports Imports

Source ITC

Trade in Services UAE Trade in services

highlights

UAE Trade in Services by

CategoryWe can see an important highlight: Transport

,Travel, Telcom and IP showed a positive trade

balance ,as export exceeded import in

2018.Only Insurance Services showed a

negative trade balance (Import exceeded export)

Transport Service is by far the leading export

service. Next slide highlights the forecast in

transport service in UAE

13

3

3

1

0

0

0

-26

-30 -10 10

Transport

Travel

Telecommunications,…

Charges for the use of…

Construction

Memo item: Commercial…

Government goods and…

Insurance and pension…

Billion US$

2018

Trade in Services UAE Trade in services

highlights

UAE Freight Forecast

Sea ,Air and Road Freight are forecasted to

grow gradually over the period 2019-2023

through the impact of Expo 2020, which is

expected to attract 25mn visitors and more

than 200 international participants from 190

countries

18

30

7.5

19

31

7.7

20

32

7.9

20

32

8

21

33

8.2

0

5

10

15

20

25

30

35

UAE Air Freight Mn Ton UAE Road Freight Mn Ton Jebel Ali Throughput MnTon

Freight Growth Forecast

2019 2020 2021 2022 2023

Source: Fitch Solutions

World Bank Logistics Performance Indicators

UAE Ranking 2018

UAE Ranking 2016

UAE Ranking 2014

99

27

13

11 11

27

13

Criteria :Customs, Infrastructure, Logistics Competence, Tracking& Tracing ,Timeliness

UAE ranking advanced from 27 in 2014 to 11 in 2018

ARAB COUNTRIES

SERVICE EXPORTS

Trade in Services

Trade in Services Arab Countries

Services Exports

UAE leads all Arab countries in export of services with

an export value of 72 Billion US$ in 2018 followed by

Egypt which exported 24 Billon US$ worth of services

7224

191818

1512

876432100

0 40 80

UNITED ARAB EMIRATES

MOROCCO

SAUDI ARABIA

BAHRAIN

JORDAN

TUNISIA

SUDAN (BEFORE 2012)

DJIBOUTI

Billion US$

Service Exported value in 2018