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The importance of least developed countries in the global services trade

Summary/Abstract: The existing statistical data on trade in services show that LDCs do export services and some, indeed, are net services exporters contradicting commonly held assumptions that export opportunities in trade in services are marginal in the trade aspirations and development trajectory of LDCs. The paper focussing on recent trends in the Least Developed Countries (LDCs) exports of commercial services describes the LDCs current services export performance based on the WTO trade in services statistics for 2013. The first part describes the overall value and changing dynamics of LDC services trade, points to recent trends, and identifies areas of importance and focus for LDCs. The second part presents the sectoral composition of LDCs’ services exports, revealing differences based on geography.

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