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Tuesday, September 4, 2012

BEA Announcement: Report on trends in digitally enabled trade in goods and services

The report found that as digital technologies have advanced and become cheaper in recent years, trade in digitally enabled services has grown robustly and increased as a share of all services trade.  Digitally enabled services are those for which digital information and communications technologies play an important role in facilitating trade.  From 1998 to 2010, the share of private services exports composed of digitally enabled services increased from 45 to 61 percent, and the share of imports increased from 34 to 56 percent.

Additional information can be found at blog.bea.gov/2012/09/03/digitally-enabled-services/



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