27/6/14

International trade in services
EU28 surplus up to €173 bn in 2013
United States, Switzerland and China are the main partners



EU1 international trade in services has increased significantly in the last decade. EU exports of services to the rest of the world rose from €367 billion in 2004 to €684 bn in 2013, while imports increased from €321 bn to €511 bn. Since exports have risen more strongly than imports, the trade surplus has almost quadrupled between 2004 and 2013, from €45 bn to €173 bn.
International trade in services, EU1, 2004-2013
(€ billion)
These data, issued by Eurostat, the statistical office of the European Union, are subject to revision2.
Highest EU28 surpluses in trade in services with Switzerland and Russia
In 2013, the EU28 recorded surpluses in trade in services with all its main partners. The highest surpluses were observed with Switzerland (€21 billion), Russia (€15 bn), the United States and China (both €12 bn), Japan (€9 bn), Brazil (€8 bn) and Canada (€6 bn).
Five partners of the EU28 account for around 50% of all trade in services
In 2013, the main partner for EU28 exports of services was the United States (€161 billion, 23% of extra-EU28 exports), followed by Switzerland (€83 bn, 12%), China (€32 bn, 5%), Russia (€29 bn, 4%) and Japan (€23 bn, 3%). The main partners for EU28 imports of services were also the United States (€148 bn, 29% of extra-EU28 imports), Switzerland (€62 bn, 12%), China (€21 bn, 4%), Russia and Japan (both €14 bn, 3%).
EU28 international trade in services by main partners, 2013








1. EU27 from 2004 to 2009, EU28 from 2010 to 2013. EU27 includes: Belgium, Bulgaria, the Czech Republic, Denmark, Germany, Estonia, Ireland, Greece, Spain, France, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Hungary, Malta, the Netherlands, Austria, Poland, Portugal, Romania, Slovenia, Slovakia, Finland, Sweden and the United Kingdom. The EU28 includes the EU27 Member States as well as Croatia, which joined the EU on 1 July 2013.
2. The EU preliminary figures for 2013 are based on annualised quarterly Balance of Payments data provided from the Member States to Eurostat as of May 2014. They concern only the main services categories and the most important partners. Updated figures for 2013 will be released by the end of 2014 with a detailed breakdown of services categories and partner countries.





Issued by: Eurostat Press Office

Louise CORSELLI-NORDBLAD
Tel: +352-4301-33 444


Eurostat news releases on the internet:

For further information on data:

Luis DE LA FUENTE
Tel: +352-4301-35 583

Digna AMIL
Tel: +352-4301-32 321
EU28 international trade in services (exports) with main partners, 2013 preliminary results
(€ million)

Exports
Extra-EU28
of which:
USA
Canada
Switz-erland
Russia
Japan
China
Hong Kong
India
Brazil
EU28*
684 398
160 653
16 376
83 003
29 199
23 329
32 436
10 684
12 700
14 037
Belgium
25 866
7 975
329
5 603
1 046
868
669
267
325
328
Bulgaria
2 220
229
23
106
655
13
12
6
5
6
Czech Republic
4 415
857
122
500
341
102
87
27
23
13
Denmark**
30 026
6 200
467
2 050
711
2 023
2 659
863
882
786
Germany
114 703
31 465
2 621
18 731
c
4 853
9 679
2 219
2 372
2 612
Estonia
1 517
190
c
147
282
c
c
c
c
c
Ireland
41 267
8 152
1 135
2 400
-218
2 543
2 584
309
1 537
407
Greece
12 571
3 592
363
1 789
1 481
95
107
319
161
142
Spain
33 575
7 647
861
3 747
2 400
616
519
c
c
1 356
France
83 318
15 449
2 486
9 470
2 404
1 005
6 672
1 191
1 573
771
Croatia
2 001
221
53
420
179
24
14
4
14
24
Italy
39 506
8 863
1 118
8 274
1 882
1 475
1 164
335
458
1 548
Cyprus
2 972
54
11
128
1 619
1
6
8
1
0
Latvia
1 913
71
19
339
316
1
0
18
3
0
Lithuania
2 410
75
3
122
1 244
4
11
4
7
0
Luxembourg
17 943
2 948
326
4 116
256
1 154
425
896
130
233
Hungary
5 210
1 309
59
546
198
611
86
21
160
207
Malta
903
127
12
60
73
6
4
1
0
4
Netherlands
40 598
9 276
1 074
4 786
1 171
1 190
1 685
920
1 024
1 451
Austria
11 949
1 387
185
3 250
1 144
263
422
102
124
152
Poland
7 724
1 648
162
747
1 163
59
102
-35
44
23
Portugal
6 502
1 151
c
677
c
c
c
c
c
1 103
Romania
2 461
715
108
460
44
27
22
14
36
4
Slovenia
1 163
86
12
281
113
10
12
21
6
4
Slovakia
1 075
148
13
46
646
8
9
1
4
4
Finland
11 285
1 409
246
501
2 070
757
681
c
323
119
Sweden
25 574
4 997
517
2 772
595
1 185
892
302
470
427
United Kingdom
145 764
42 803
3 844
10 411
2 364
4 207
3 784
2 363
2 743
1 790
c Confidential
* Data for EU28 aggregates take into account confidential data. Differences between the EU aggregate and the sum of the Member States are primarily due to quasi transit trade. Quasi transit trade is related to goods imported into an EU Member State from outside the EU, cleared by customs for free circulation, and then dispatched to a second EU Member State. In practice, branding policy may lead to the value of goods dispatched being much higher than the value of the goods that entered the first Member State. In order to balance the accounts, this increase in value is recorded as an import of services from outside the EU, under quasi transit adjustment.
** Extra-EU28 trade for Denmark refer to extra-EU27.
EU28 international trade in services (imports) with main partners, 2013 preliminary results
(€ million)

Imports
Extra-EU28
of which:
USA
Canada
Switz-erland
Russia
Japan
China
Hong Kong
India
Brazil
EU28*
511 239
148 204
10 016
62 177
14 468
14 115
20 695
8 876
11 222
6 375
Belgium
18 422
5 975
380
2 651
304
779
380
473
427
220
Bulgaria
1 292
140
10
75
120
6
21
26
4
3
Czech Republic
4 373
864
55
324
504
284
535
14
68
12
Denmark**
20 865
4 709
186
1 310
485
605
1 237
587
423
330
Germany
101 326
30 131
c
11 999
c
3 323
c
2 591
c
c
Estonia
703
62
c
39
150
c
c
c
c
c
Ireland
44 839
21 651
273
2 062
87
835
288
107
292
97
Greece
4 591
1 362
35
347
364
44
208
89
56
18
Spain
20 676
5 942
376
2 541
629
271
916
213
261
557
France
61 764
15 909
2 260
6 927
1 895
1 508
3 725
741
1 685
874
Croatia
906
109
57
105
47
4
15
9
5
6
Italy
33 277
6 614
327
5 858
1 037
929
1 551
594
390
634
Cyprus
879
71
7
22
121
4
24
14
9
5
Latvia
865
65
3
18
142
0
36
3
4
0
Lithuania
1 524
75
7
19
500
3
24
11
3
0
Luxembourg
14 128
4 743
122
4 781
63
308
193
232
30
22
Hungary
3 458
1 497
47
314
172
181
91
37
26
29
Malta
761
53
45
24
33
4
19
11
9
2
Netherlands
30 504
9 275
469
3 403
1 012
739
1 959
491
967
531
Austria
7 660
1 181
221
1 492
742
92
310
101
121
81
Poland
5 292
1 341
82
988
523
149
181
42
55
14
Portugal
2 855
727
c
412
c
c
c
c
c
333
Romania
1 627
389
130
293
19
17
45
7
9
1
Slovenia
768
73
8
95
123
5
12
25
8
0
Slovakia
497
121
18
72
189
16
32
12
16
9
Finland
7 560
1 688
92
295
828
110
809
c
491
94
Sweden
13 739
4 078
549
825
143
296
802
827
600
112
United Kingdom
66 925
22 773
1 604
3 358
999
3 675
1 586
1 555
2 699
535
c Confidential
* Data for EU28 aggregates take into account confidential data. Differences between the EU aggregate and the sum of the Member States are primarily due to quasi transit trade. Quasi transit trade is related to goods imported into an EU Member State from outside the EU, cleared by customs for free circulation, and then dispatched to a second EU Member State. In practice, branding policy may lead to the value of goods dispatched being much higher than the value of the goods that entered the first Member State. In order to balance the accounts, this increase in value is recorded as an import of services from outside the EU, under quasi transit adjustment.
** Extra-EU28 trade for Denmark refer to extra-EU27.

EU28 international trade in services (balance) with main partners, 2013 preliminary results
(€ million)

Balance
Extra-EU28
of which:
USA
Canada
Switz-erland
Russia
Japan
China
Hong Kong
India
Brazil
EU28*
173 159
12 449
6 360
20 826
14 731
9 214
11 741
1 808
1 478
7 662
Belgium
7 445
2 000
-51
2 951
742
89
289
-205
-104
107
Bulgaria
928
89
14
30
536
7
-11
-19
3
5
Czech Republic
43
-8
67
176
-164
-180
-448
13
-45
2
Denmark**
9 161
1 490
282
738
225
1 418
1 423
276
459
456
Germany
13 376
1 334
49
6 732
1 810
1 529
3 988
-373
-136
996
Estonia
814
128
-21
109
131
6
-50
17
69
1
Ireland
-3 571
-13 500
861
340
-303
1 708
2 295
201
1 245
310
Greece
7 978
2 230
327
1 442
1 116
51
-100
229
106
123
Spain
12 901
1 703
486
1 206
1 772
345
-397
66
c
798
France
21 556
-461
225
2 543
510
-502
2 949
448
-112
-104
Croatia
1 095
112
-3
314
133
22
-1
-7
7
18
Italy
6 229
2 249
790
2 417
845
547
-388
-258
68
912
Cyprus
2 092
-16
4
106
1 499
0
-20
-6
-9
-4
Latvia
1 048
8
14
321
172
0
-34
14
-1
0
Lithuania
887
-1
-5
102
743
2
-13
-6
5
0
Luxembourg
3 814
-1 795
204
-665
193
847
233
664
101
212
Hungary
1 751
-188
13
233
26
431
-5
-17
131
181
Malta
143
75
-32
37
40
2
-15
-9
-9
2
Netherlands
10 098
2
605
1 385
160
451
-275
431
56
918
Austria
4 289
206
-36
1 758
401
173
112
1
2
71
Poland
2 432
306
81
-242
640
-91
-79
-76
-10
9
Portugal
3 648
424
c
267
c
c
c
c
c
772
Romania
834
325
-20
166
27
11
-23
7
28
4
Slovenia
394
12
4
185
-10
7
2
-4
0
3
Slovakia
577
26
-5
-26
458
-7
-23
-12
-12
-6
Finland
3 720
-279
155
207
1 243
649
-129
47
-168
26
Sweden
11 836
918
-34
1 946
451
890
90
-525
-129
315
United Kingdom
78 840
20 029
2 239
7 054
1 364
531
2 198
808
44
1 256
c Confidential
* Data for EU28 aggregates take into account confidential data. Differences between the EU aggregate and the sum of the Member States are primarily due to quasi transit trade. Quasi transit trade is related to goods imported into an EU Member State from outside the EU, cleared by customs for free circulation, and then dispatched to a second EU Member State. In practice, branding policy may lead to the value of goods dispatched being much higher than the value of the goods that entered the first Member State. In order to balance the accounts, this increase in value is recorded as an import of services from outside the EU, under quasi transit adjustment.
** Extra-EU28 trade for Denmark refer to extra-EU27.