Exports of Commercial Services from Africa have grown at an average of 9% from 2007 to the third quarter of 2011. However, Africa’s exports of commercial services remain far behind that of other economies. An analysis of the latest data from the WTO, shows that world exports in commercial services increased by 12.9% in the third quarter of 2011 compared to 10.9% in 2010 (balance-of-payments basis, current price, not seasonally adjusted). On average the growth in Africa was 7.8% by the third quarterof 2011 from 10.9 of the year 2010. The highest growth on exports of commercial services was recorded in Europe at an average of 15% by end of the third quarter of 2011 down from 2.7% in 2010. In absolute terms exports of commercial services from Africa were $45,835 million by end of the third quarter of 2011 compared to $67,459 million which was recorded for the whole year of 2010.
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