How do merchandise exports and imports and service exports and imports differ?

Merchandise exports and imports refer to the physical goods traded between countries, such as machinery, clothing, and food products. In contrast, service exports and imports involve intangible offerings, including tourism, financial services, and consulting. While merchandise trade can be quantified by weight or volume, service trade is often measured in terms of revenue or value added. Additionally, the logistics and regulatory frameworks governing goods differ significantly from those applicable to services.