COMCEC Trade Outlook 2019
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Figure 41: Top 5 Commercial Services of the OICwith the Highest Share in theWorld Total
Commercial Services Exports
Source: UNCTADSTAT
Among the commercial services, the IP-related services had the lowest share in the world with
its 1.1 per cent share in 2018. However, considering its share in 2013, which was about 0.14 per
cent, although it is still tooweak compared to the world, this sector showed a significant increase
in the OIC. The second lowest sector of the OIC was the financial services with its 1.5 per cent
share in the world.
With regards to the commercial services imports, the top performers among the OIC Member
Countries are UAE (71 billion USD), Saudi Arabia (55.5 billion USD) and Malaysia (44.3 billion
USD). The top ten countries as a whole account for 70.4 per cent of the total OIC commercial
services imports.
Figure 42: Top Commercial Services Importers among the OIC Member Countries, 2018
Source: UNCTADSTAT
0
2
4
6
8
10
12
14
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Travel Transport
Construction Insurance and pension services
Personal, cultural, and recreational services
0 10 20 30 40 50 60 70 80
Lebanon
Iraq
Egypt
Turkey
Nigeria
Qatar
Kuwait
Indonesia
Malaysia
Saudi Arabia
UAE
Billion USD