BEVERLY HILLS, April 16, (THEWILL) – The World Trade Organisation (WTO) has ranked Nigeria 25th importer of commercial services in the world and the first in Africa for 2020
Closely following in global importer of commercial services in Africa is Egypt, which ranked 28th in the world.
However, both Egypt and Morocco made the list of world exporters led by the United States, but Nigeria was conspicuously absent in the global commercial exporters’ list.
The US also ranked first in the commercial importers’ list followed by China, United Kingdom and Japan; while US, UK, China and India topped the exporters’ list.
The WTO noted that preliminary estimates were based on quarterly statistics.
“Figures for a number of countries and territories have been estimated by the Secretariat….Data for 2020 are not yet available for the United Arab Emirates. In 2019, commercial services exports were valued at US$72 billion and imports at US$73 billion”, WTO stated in its data released on Friday.
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