Commerce international

World services exports increased by 9.1% year-on-year in the fourth quarter of 2025, after two quarters of equally strong growth. International travel sales increased by 9.4%, while exports of other services – most of which are digitally tradable – witnessed even 10.0% growth. By contrast, global transport services exports increased by only 3.5%. 

The quarter-on-quarter seasonally adjusted growth rate of services exports was estimated at 2.0% in the fourth quarter of 2025, following a 3.2% rise registered for the previous quarter.

While transport exports decreased or stagnated in most world regions, those from European economies registered a 7.4% rise in the fourth quarter of 2025, year-on-year. Transport exports from Latin America and the Caribbean dropped by 4.2%. Those from Asia and Northern America remained almost unchanged compared to the fourth quarter of 2025.

Travel services exports of economies in Northern America decreased by 3.4% in the fourth quarter of 2025, while they increased strongly in other regions, featuring a 14.0% rise in Europe, a 10.7% rise in Asia, and an increase by 7.1% in Latin America and the Caribbean.

Services other than transport and travel – most of which are digitally tradable – continued thriving in all regions. In the fourth quarter of 2025, the highest exports growth for this group of services was registered in Europe (+10.9%), followed by Asia (+10.5%), Northern America (+8.5%) and Latin America and the Caribbean (+6.0%). This marks the continuation of a period of strong and steady growth in that segment of international trade. Since the beginning of 2023, world total exports of services other than transport and travel have not registered less than 7% year-on-year growth in any quarter.