The United Arab Emirates ranked first in the Arab world and the 17th in the world in service exports, registering a growth in the value of the country's services exports reaching 2.3 percent. In terms of services imports, the UAE ranked second in the Arab world after Saudi Arabia and ranked 18 globally, with a growth in the value of imports reaching 2.4 percent.
According to the results of the report "Global Trade in Services for the Year 2019" issued by the United Nations Conference on Trade and Development (UNCTAD), the volume of world trade in services in the past year recorded $6.2 trillion, achieving a growth of 2 percent compared to the same period in 2018. It also represented the volume of world trade in services during the year 2019 accounted for 24 percent of the total global trade volume (goods and services together).
UNCTAD revealed that the volume of world exports of services grew by 1.9 percent in 2019 compared to 2018, as they accounted for 24.8 percent of the world's total exports of (goods and services together). While the volume of world services imports grew by 2.1 percent in 2019 compared to 2018, accounting for 24.2 percent of the world's total imports of (goods and services together).
Source (Al Khaleej Newspaper-UAE, Edited)
