931 Special transactions and commodities not classified according to kind After several years of growth marked by a peak of 589.1 bln US$ in 2008, the value (in current prices) of exports of special transactions and commodities not classified according to kind (SITC group 931) declined by 4.5 percent to 562.8 bln US$ in 2009 (see table 2). Imports for the same year also diminished by 24.0 percent to 485.2 bln US$ (see table 3). Graph 1 shows the decline in exports for 2009 in this product group, compared with decreases for world exports of commodities and transactions not classified elsewhere in SITC (SITC section 9) of 1.6 percent and in total world exports of 22.2 percent. Exports of special transactions and commodities not classified according to kind (SITC group 931) accounted for 82.4 percent of world exports of SITC section 9 and 4.5 percent of total world exports (see table 1). USA, Germany, and Netherlands were the top exporting countries in 2009 (see table 2). They accounted respectively for 18.7, 14.9 and 12.3 percent of world exports. Top destinations were Germany, USA and Netherlands (see table 3). By MDG regions (see graph 2), Developed Europe accounted for a majority of exports and imports of special transactions and commodities not classified according to kind (SITC group 931). In 2009, its exports and imports were valued respectively at 254.8 bln US$ and 219.4 bln US$, resulting in a trade surplus of 35.4 bln US$. A larger trade surplus was recorded by Developed North America (+57.6 bln US$). Top trade deficits were recorded by Western Asia (-54.9 bln US$), South-eastern Europe (-4.2 bln US$), and Sub-Saharan Africa (-3.8 bln US$). Table 1: Imports (Imp.) and exports (Exp.), 1995-2009, in current prices 1995 1996 132.2 142.6 83.5 86.8 2.6 2.8 Values in Bln US$ Imp. Exp. As a percentage of Imp. SITC section (%) Exp. As a percentage of Imp. world trade (%) Exp. 1997 131.2 129.2 81.6 82.3 2.5 2.5 1998 141.0 133.3 80.3 83.3 2.5 2.4 1999 128.3 117.7 79.4 79.7 2.3 2.2 2000 136.7 124.2 83.8 85.4 2.4 2.2 235.9 230.0 90.5 91.2 3.6 3.6 Graph 1: Annual growth rates of exports, 1995−2009 2001 2002 212.0 415.9 89.0 95.4 3.4 6.8 218.9 235.7 89.4 91.2 3.3 3.7 2003 247.4 286.6 88.6 89.6 3.2 3.8 2004 SITC, Section 9 Country or area World.................................... USA....................................... Germany................................ Netherlands.......................... United Arab Emirates........... Japan.................................... Russian Federation............... United Kingdom.................... Singapore.............................. Canada.................................. France................................... Italy....................................... Saudi Arabia......................... Belgium................................. India...................................... Australia............................... 80% 60% 40% 20% 0% −20% −40% Imports Exports 2008 638.8 589.1 86.4 84.8 3.9 3.7 2009 485.2 562.8 82.9 82.4 3.9 4.5 Avg. Growth Growth World share % (%) (%) (million US$) 05-09 08-09 Cum. 562 845.4 105 478.3 83 976.2 69 208.3 53 154.1 34 258.5 26 126.3 22 378.7 18 292.6 12 842.0 11 533.3 10 932.0 9 196.5 8 464.8 7 719.4 7 483.3 13.4 36.9 22.4 9.1 12.1 7.0 7.2 4.3 20.4 -5.7 8.9 1.3 ... 1.9 61.9 1.0 -4.5 100.0 182.1 18.7 -13.4 14.9 -21.2 12.3 13.4 9.4 -7.1 6.1 -26.6 4.6 -13.2 4.0 -28.2 3.3 -22.4 2.3 -15.2 2.0 -27.0 1.9 -7.9 1.6 -23.8 1.5 169.7 1.4 -3.2 1.3 18.7 33.7 46.0 55.4 61.5 66.1 70.1 73.4 75.6 77.7 79.6 81.3 82.8 84.1 85.5 Country or area Developed N. America South−eastern Europe CIS Northern Africa Sub−Saharan Africa Latin Am, Caribbean Eastern Asia Southern Asia South−eastern Asia Western Asia 50 10 0 15 0 20 0 25 0 30 0 Oceania Avg. Growth Growth World share % (%) (%) (million US$) 05-09 08-09 Cum. Value World.................................... Germany................................ USA....................................... Netherlands.......................... Saudi Arabia......................... United Arab Emirates........... United Kingdom.................... Iraq........................................ Russian Federation............... Turkey................................... Japan.................................... Hungary................................. Italy....................................... Singapore.............................. Poland................................... Portugal................................. Developed Europe 0 503.8 485.8 87.5 87.2 3.6 3.5 09 08 Trade balance Developed Asia−Pacific −2 50 −2 00 −1 50 −1 00 −5 0 2007 Table 3: Top importing countries or areas in 2009 Graph 2: Trade Balance by MDG regions 2009 (Bln US$) 424.8 392.6 87.5 86.6 3.5 3.3 20 07 20 06 20 05 20 04 20 03 20 02 20 01 20 00 20 99 20 98 19 97 19 96 19 19 19 95 −60% 2006 Value Total 100% 295.0 340.9 85.8 90.2 2.8 3.3 Table 2: Top exporting countries or areas in 2009 (In percentage by year) SITC code 931 2005 304.2 341.7 87.2 89.8 3.3 3.8 Source: UN Comtrade 485 186.2 82 021.9 55 301.9 54 530.8 46 534.0 42 663.7 26 708.3 18 654.8 13 673.4 10 795.3 10 238.5 9 516.6 8 214.9 7 231.9 6 341.8 5 992.9 13.2 25.0 0.0 14.9 ... 32.5 -8.2 20.4 22.2 14.8 6.7 28.0 -23.0 43.4 29.4 19.1 -24.0 100.0 -22.6 16.9 -14.0 11.4 -15.1 11.2 -16.0 9.6 98.6 8.8 -11.1 5.5 8.1 3.8 1.6 2.8 -34.3 2.2 -14.3 2.1 -23.6 2.0 -81.1 1.7 -21.0 1.5 -30.2 1.3 24.3 1.2 16.9 28.3 39.5 49.1 57.9 63.4 67.3 70.1 72.3 74.4 76.4 78.1 79.6 80.9 82.1