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Extra information
For more information on this release:
E-mail: bop@cso.ie Annette Hayes (+353) 1 498 4319 John Flanagan (+353) 1 498 4054
For general information on CSO statistics:
information@cso.ie (+353) 21 453 5000 On-line ISSN 2009-5015
CSO statistical release, , 11am

International Trade in Services

2016

      € million
       
ExportsImportsNet ExportsImportsNet
20152016
Total126,283152,947-26,663140,971186,179-45,208
  of which:      
    UK21,63212,6838,94822,49611,84110,656
    USA13,33129,481-16,15114,74240,348-25,607
    Germany10,4153,7056,70910,4843,9536,532
    Netherlands4,31619,340-15,023 4,31418,381-14,069

Service deficit of €45.2bn in 2016

Figure 1 International Trade in Services 2016
go to full release

Total service exports increased by €14.7bn from €126.3bn in 2015 to €141bn in 2016.Total service imports also increased significantly by €33.2bn from €152.9bn in 2015 to €186.2bn in 2016. As a result, the service deficit moved from €26.7bn in 2015 to €45.2bn in 2016. UK, US, Germany and the Netherlands remain Ireland’s most significant trading partners.

Computer services at €64.6bn remains the largest export category and accounted for 46 per cent of total service exports in 2016. Other Business Services, the residual import category at €86.8bn was the largest import category followed by Royalties/Licences at €72.2bn. When combined, these two import categories accounted for 85.4 per cent of total service imports in 2016 (see Table 1).

This map is © Ordnance Survey Ireland. All rights reserved. License number 01/05/001.

Service exports to US and Luxembourg increased by €1.4bn respectively between 2015 and 2016 (see Tables 2a & 2b). Increases in exports to UK (+€0.9bn) were mainly in Financial services and Other Business services while increases in exports to Spain (+€0.4bn) were largest in the Tourism and Travel, Transport and Other Business services categories. Service exports to Asia also increased by €2.7bn with exports to Japan up €1.6bn.

This map is © Ordnance Survey Ireland. All rights reserved. License number 01/05/001.

Service imports from the US increased by €10.9bn between 2015 and 2016, mainly in Research and Development services (+€8.6bn). In the same period, service imports from Europe increased significantly by €21bn in category Other Business services while imports from Asia increased by €2.6bn.

Table 1 Exports and Imports of Services by Category, 2015 - 2016€ million
 2015 1 2016
ItemExportsImportsNet ExportsImportsNet
Services126,283152,947-26,663 140,971186,179-45,208
        
Repairs & Processing1,5821,803-221 1,7381,435304
        
Transport6,5532,7193,834 7,3002,7184,581
        
Tourism and travel 4,3205,134-814 4,6855,623-939
        
Insurance10,3167,1213,195 9,2436,6362,606
        
Financial services11,3667,4383,927 11,8698,2333,636
        
Royalties/Licences7,32968,936-61,607 8,62472,160-63,535
        
Communications6841,030-347 6431,095-452
        
Computer services 57,4791,12856,351 64,5771,19263,384
        
Total other business services23,07257,375-34,304 30,33786,822-56,486
        
      Research and development1,81318,620-16,807 4,10647,145-43,041
        
      Operational leasing12,10575211,352 13,05494612,110
        
      Legal, accounting and other professional services4581,371-913 1,0411,691-652
        
      Advertising and market research2404,090-3,850 3084,037-3,729
        
      Trade related services1,93015,984-14,055 2,57917,082-14,503
        
      Architectural engineering and other technical services23864171 18212854
        
      Other 6,28816,490-10,202 9,07015,794-6,724
        
Other services n.e.s.3,5862653,321 1,9562641,692
        
1Revised
Table 2a Exports and Imports of Services Classified by Geographic Location, 2016 € million
Region/CountryTotal Services Repairs & Processing Transport Tourism and Travel1 Insurance Financial services Royalties/Licences Communications Computer services2 Other services n.e.s. Total other business services
 ExportsImports ExportsImports ExportsImports ExportsImports ExportsImports ExportsImports ExportsImports ExportsImports ExportsImports ExportsImports ExportsImports
                  
Europe77,34582,958 447252 6,4231,124 3,1883,954 6,8874,623 8,2191,428 1,96127,849 295647 34,466347 799120 14,66142,615
 of which:                                
      Belgium2,4643,151 0* 168148 4973 5847 19817 212331 40 1,0460 312* 4162,521
      France 6,2292,645 0* 46378 291333 605559 20147 *56 8* 3,46741 ** 1,0491,524
      Germany 10,4843,953 ** 84395 154139 928796 22441 ** 3612 6,38032 5530 1,2431,893
      Italy 5,6772,977 ** 39755 251301 1,938855 441* ** 928 1,70016 640 7391,133
      Luxembourg2,998* 560 80 54 1932 1,5986 ** ** 271* *32 *106
      Netherlands 4,31418,381 ** 17140 6376 12446 41016 98* *8 2,50623 *0 7761,679
      Spain3,8042,301 *4 43756 9041,156 161115 11738 *124 6* 1,0828 105* 919801
      Sweden2,743623 *0 2860 4032 12962 9540 ** 5* 1,638* 1580 366436
      Switzerland3,432* ** 96111 00 4763 1696 139* 40 2,1877 *0 458*
      United Kingdom 22,49611,841 180* 2,355504 8281,176 2,3941,601 4,238632 858595 134* 6,932200 86664 3,7136,435
                                
    EMU 19339,72641,901 84134 2,857509 2,1052,533 3,9792,512 3,377666 84524,327 14464 18,376126 -41943 8,37810,988
    EU 28469,64455,711 264215 5,9361,013 3,1513,921 6,6584,353 7,7871,367 1,76124,983 287643 30,254341 691105 12,85518,762
                                
North America16,18840,611 ** 637659 817875 1,4341,236 1,048* 5,1908,119 2434 2,307250 ** 3,90926,074
 of which:                                
      Canada1,445263 ** 422 7999 60* 74* ** 00 20716 *0 28265
      United States 14,74240,348 ** 633636 738776 1,374* 9742,936 ** 2034 2,097234 ** 3,62826,009
                                 
Central America1,86827,771 ** 00 00 240358 *21 28327,168 00 4529 ** 789194
 of which:                                
      Bermuda3203,578 *0 00 00 125202 74* 2723,326 00 13* *0 6744
                                 
South America1,711266 0* 00 00 5629 ** 180 484 *4 2014 1,248207
 of which:                                
      Brazil1,052176 0* 00 00 96 ** 10 80 *4 *4 838151
                                
Asia19,8979,728 0* 037 5214 442291 635* ** 520 *74 2,7668 6,4712,724
 of which:                                
      China3,864338 04 00 400 ** ** 140 40 *4 1821 1,273164
      Japan 4,7691,190 0* 037 1214 3534 235* *507 00 *4 6860 *548
      Korea, Republic of (South Korea)76757 0* 00 00 ** 30* 280 00 40 *0 29244
      Taiwan, Province of China565* 0* 00 00 8* ** 00 00 *0 2640 218*
                                
Africa 1,642423 ** 00 00 9354 22928 21* 00 *20 614 369311
 of which:                                
      South Africa844195 00 00 00 3642 110* ** 0* *20 410 111108
                                 
Oceania and Polar regions3,124254 00 00 056 5226 54* 173* 00 ** *0 247153
 of which:                                
      Australia2,818232 00 00 052 4016 35* 169* 00 ** *0 118146
                                 
Not geographically allocated519,173* ** 240898 630723 ** *3,644 *3,036 224408 15,974463 -2,22648 2,636*
International Organisations25* 00 00 00 ** *0 00 00 ** 80 4*
                                 
Total140,971186,179 1,7381,435 7,3002,718 4,6855,623 9,2436,636 11,8698,233 8,62472,160 6431,095 64,5771,192 1,956264 30,33786,822
 of which:                                
      All offshore centres64,15834,306 ** 00 00 351511 77932 52332,668 00 810* *0 1,255842
                                 
                         
Table 2a Exports and Imports of Services Classified by Geographic Location, 2016 - continued  € million 
Region/CountryResearch and development Operational Leasing Legal, accounting and other professional services Advertising and market research Trade related services Architectural engineering and other technical services Other  Total other business services
 ExportsImports ExportsImports ExportsImports ExportsImports ExportsImports ExportsImports ExportsImports ExportsImports
    
Europe520* 4,932178 292330 163* *10,250 135* ** 14,66142,615
 of which:                       
      Belgium0* 64* 6* 412 *510 *0 260* 4162,521
      France 876 693* 3754 1248 1201,103 4* 182227 1,0491,524
      Germany 29355 46131 4822 2444 *1,395 *4 200343 1,2431,893
      Italy 0* 21331 1411 022 *452 ** 228565 7391,133
      Luxembourg** *0 0* 00 029 0* *57 *106
      Netherlands ** 388* 2525 ** *734 ** 270219 7761,679
      Spain084 338* 814 ** *421 ** 326263 919801
      Sweden*0 116* 7* 04 *355 ** 7971 366436
      Switzerland24* 130* 20* 00 24533 8* 250230 458*
      United Kingdom 4205 71034 111153 116320 4643,037 2819 2,2812,669 3,7136,435
                       
    EMU 1933482,428 2,481128 *157 *171 *5,431 8734 4,2242,641 8,37810,988
    EU 2844952,638 3,552164 *320 *513 *9,392 *53 6,6475,684 12,85518,762
                       
North America755* 1,064104 *617 ** ** 442 1,3725,610 3,90926,074
 of which:                       
      Canada0* 215* ** 20* 8* ** 3220 28265
      United States 75416,428 849* ** ** *1,497 ** 1,3405,591 3,62826,009
                        
Central America** 58970 90 ** 20* ** 13232 789194
 of which:                       
      Bermuda00 11* 80 00 20* 00 22-5 6744
                        
South America** 1,241* ** ** ** 00 4107 1,248207
 of which:                       
      Brazil0* 836* 00 0* 0* 00 083 838151
                       
Asia0* 4,673405 54* 29265 391,366 190 1,658459 6,4712,724
 of which:                       
      China0* 1,260* 00 0* 4* 40 44 1,273164
      Japan 013 88126 ** ** 8219 00 *140 *548
      Korea, Republic of (South Korea)00 2860 *0 ** 0* 0* 422 29244
      Taiwan, Province of China00 ** 00 0* ** 00 1211 218*
                       
Africa 0* 28012 ** ** *248 *0 5437 369311
 of which:                       
      South Africa0* 59* ** 00 ** *0 449 111108
                        
Oceania and Polar regions0* 18212 23* 40 12* 00 2835 247153
 of which:                       
      Australia0* 604 21* 40 8* 00 2430 118146
                        
Not geographically allocated5** 93* *657 81* 7233,539 ** ** 2,636*
International Organisations00 0* *0 *0 0* *0 0* 4*
                        
Total4,10647,145 13,054946 1,0411,691 3084,037 2,57917,082 182128 9,07015,794 30,33786,822
 of which:                       
      All offshore centres6** 708121 2022 ** 28322 110 449337 1,255842
1Passenger fare receipts of resident carriers from foreign visitors are excluded from tourism and travel exports; such receipts are included under transport exports - see Background Notes.
2Covers exports and imports of software that was not incorporated as part of computer hardware or physical media but separately transmitted by electronic means. The value of sales
and purchases of additional software licences is also included.
3The relevant EMU countries are: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Portugal, Slovakia, Slovenia and Spain.
4For analytical purposes, additional details are given of transactions between residents of Ireland and residents of the EU28 area.
5This category covers data supplied by respondents without a geographical breakdown.
6This category overlaps with the regions referred to above and covers Andorra, Anguilla, Antigua and Barbuda, Aruba, Bahamas, Bahrain, Barbados, Belize, Bermuda, British Virgin Islands,
Cayman Islands, Cook Islands,Curacao, Dominica, Gibraltar, Grenada, Guernsey, Hong Kong, Isle of Man, Jersey, Lebanon, Liberia, Liechtenstein, Marshall Islands, Mauritius, Montserrat,
Nauru, Niue, Panama, Philippines, Saint Lucia, Saint Vincent and the Grenadines, Samoa, Seychelles, Singapore, St. Kitts and Nevis, St Maarten, Turks and Caicos Islands, US Virgin Islands, Vanuatu.
*Suppressed for confidentiality reasons but included in the higher level aggregates.
Table 2b Exports and Imports of Services Classified by Geographic Location, 20151 € million
Region/CountryTotal Services Repairs & Processing Transport Tourism and Travel2 Insurance Financial services Royalties/Licences Communications Computer services3 Other services n.e.s. Total other business services
 ExportsImports ExportsImports ExportsImports ExportsImports ExportsImports ExportsImports ExportsImports ExportsImports ExportsImports ExportsImports ExportsImports
                  
Europe74,70761,923 425399 5,8381,092 2,9653,549 7,9224,716 7,7232,224 2,02827,514 328643 34,427265 1,893123 11,16121,398
 of which:                                
      Belgium2,5391,936 0* 164133 3945 6444 19611 ** *0 1,107* 3804 4171,509
      France 6,3542,673 4* 44871 314376 666573 20951 7553 7* 3,47730 2380 9151,503
      Germany 10,4153,705 8* 82487 123117 986868 21134 101* 3612 6,37516 8510 9011,845
      Italy 6,5353,176 20174 38550 209213 2,706792 460505 *12 920 1,69410 *0 7941,397
      Luxembourg1,6256,316 520 80 52 1216 1,5459 ** 0* 4607 *32 256317
      Netherlands 4,31619,340 ** 16936 7562 10852 37823 128* ** 2,41315 1330 8281,790
      Spain3,3651,826 44 32951 770941 15599 11738 6310 41 1,1004 520 771674
      Sweden2,526629 00 2090 2214 12266 9217 ** ** 1,541* 1220 384502
      Switzerland3,2783,195 218* 95103 00 5165 16412 131* 40 2,0432 1530 418826
      United Kingdom 21,63212,683 ** 2,276528 8511,150 2,5641,654 3,8931,449 506638 ** 6,953164 99364 3,3326,412
                                
    EMU 19438,70040,618 92* 2,670461 1,8672,172 4,8332,501 3,290686 1,22024,475 16385 18,57989 518* 5,4689,826
    EU 28567,40755,307 207* 5,536988 2,9283,502 7,7014,421 7,3182,174 1,78725,167 320639 30,308260 1,748* 9,56217,682
                                
North America14,76629,736 *294 517641 597781 1,4731,543 869* 4,0046,754 2530 2,261240 ** 2,95917,804
 of which:                                
      Canada1,435254 00 419 3491 6321 73* ** 10 18112 ** 26284
      United States 13,33129,481 *294 514620 562689 1,4101,525 7971,573 ** 2429 2,078228 944* 2,69617,720
                                 
Central America*28,996 *0 00 00 276466 *66 *28,237 00 *20 *0 635204
 of which:                                
      Bermuda1945,503 *0 00 00 139300 8647 1605,112 00 130 *0 6445
                                 
South America*286 02 00 00 6544 ** *0 480 *4 ** 1,150216
 of which:                                
      Brazil953163 01 00 00 104 ** 00 80 *0 ** 729149
                                
Asia17,1817,121 8* 365 4616 426252 645127 281* 520 9,24653 1,9537 4,5182,121
 of which:                                
      China3,454424 42 00 400 60* ** 160 40 *4 1430 1,081296
      Japan 3,219981 0* 365 616 4936 23312 ** 00 *0 5610 267382
      Korea, Republic of (South Korea)64547 0* 00 00 7* 27* 280 00 40 3610 21625
      Taiwan, Province of China490111 0* 00 00 10* ** 00 00 90 *0 15925
                                
Africa 1,721531 00 00 00 8032 23535 280 00 92448 264 428409
 of which:                                
      South Africa951228 00 00 00 2818 10129 *0 00 60248 *0 158131
                                 
Oceania and Polar regions2,937252 0* 00 056 5042 61* 150* 00 *4 *0 240138
 of which:                                
      Australia2,672218 0* 00 052 4223 441 143* 00 *4 *0 137129
                                 
Not geographically allocated6** ** 194922 710732 24* *3,392 *2,431 225* 8,851483 ** **
International Organisations** 00 00 00 0* ** *0 0* *7 2160 **
                                 
Total126,283152,947 1,5821,803 6,5532,719 4,3205,134 10,3167,121 11,3667,438 7,32968,936 6841,030 57,4791,128 3,586265 23,07257,375
 of which:                                
      All offshore centres73,23036,075 ** 00 00 361649 76790 37432,069 00 7016 ** 1,1262,978
                                 
                                 
Table 2b Exports and Imports of Services Classified by Geographic Location, 20151 - continued  € million 
Region/CountryResearch and development Operational Leasing Legal, accounting and other professional services Advertising and market research Trade related services Architectural engineering and other technical services Other  Total other business services
 ExportsImports ExportsImports ExportsImports ExportsImports ExportsImports ExportsImports ExportsImports ExportsImports
    
Europe2884,068 4,593190 251210 129749 1,5659,300 16925 4,1656,854 11,16121,398
 of which:                       
      Belgium0* 468 160 4* 73430 20* 258* 4171,509
      France 842 5835 3224 830 1051,092 44 179307 9151,503
      Germany 5060 39877 3816 2051 1321,255 *4 *379 9011,845
      Italy 0* 29926 *18 ** *512 0* 204773 7941,397
      Luxembourg** 00 ** 00 067 00 244246 256317
      Netherlands ** 3617 ** 18108 77585 4* 312237 8281,790
      Spain0* 282* 816 4* *394 ** 274249 771674
      Sweden** 122* 71 ** 24250 0* 8685 384502
      Switzerland24* 105* 18* 8* 28502 4* 234276 418826
      United Kingdom 8310 82028 8784 77429 4462,704 3110 1,8652,846 3,3326,412
                       
    EMU 1941151,196 2,212136 123113 61240 9744,979 12516 1,8573,146 5,4689,826
    EU 2852641,691 3,393179 221203 139685 1,5228,541 16025 3,8606,359 9,56217,682
                       
North America315* 1,270* 53565 24* 47* 28* 1,2235,349 2,95917,804
 of which:                       
      Canada0* 228* 4* 12* 8* 00 825 26284
      United States 3157,816 1,042205 49* 10* 401,940 28* 1,2155,324 2,69617,720
                        
Central America** 46344 200 ** ** 0* 9867 635204
 of which:                       
      Bermuda00 8-2 80 00 20* 0* 251 6445
                        
South America** 1,145* 00 ** ** 00 3120 1,150216
 of which:                       
      Brazil** 728* 00 ** *0 0* 079 729149
                       
Asia4153 4,011175 3847 60173 341,033 190 352541 4,5182,121
 of which:                       
      China4* 1,028* 04 0* 4* 00 4395 1,081296
      Japan 010 14368 16* 56* 8188 00 42103 267382
      Korea, Republic of (South Korea)00 2126 00 0* 00 0* 4* 21625
      Taiwan, Province of China00 ** 00 04 0* 00 *12 15925
                       
Africa 00 34314 115 -139 21242 *0 *107 428409
 of which:                       
      South Africa00 1050 110 00 4* 00 38* 158131
                        
Oceania and Polar regions0* 180* 19* 49 1266 0* 2628 240138
 of which:                       
      Australia0* 820 15* 49 869 00 2319 137129
                        
Not geographically allocated6** 9990 ** ** ** ** 3763,427 **
International Organisations*0 0* *0 ** ** *0 *0 **
                        
Total1,81318,620 12,105752 4581,371 2404,090 1,93015,984 23864 6,28816,490 23,07257,375
 of which:                       
      All offshore centres7** 64982 3213 ** 28160 110 369301 1,1262,978
1Revised
2Passenger fare receipts of resident carriers from foreign visitors are excluded from tourism and travel exports; such receipts are included under transport exports - see Background Notes.
3Covers exports and imports of software that was not incorporated as part of computer hardware or physical media but separately transmitted by electronic means.
The value of sales and purchases of additional software licences is also included.
4The relevant EMU countries are: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Portugal, Slovakia, Slovenia and Spain.
5For analytical purposes, additional details are given of transactions between residents of Ireland and residents of the EU28 area.
6This category covers data supplied by respondents without a geographical breakdown.
7This category overlaps with the regions referred to above and covers Andorra, Anguilla, Antigua and Barbuda, Aruba, Bahamas, Bahrain, Barbados, Belize, Bermuda, British Virgin Islands,
Cayman Islands, Cook Islands,Curacao, Dominica, Gibraltar, Grenada, Guernsey, Hong Kong, Isle of Man, Jersey, Lebanon, Liberia, Liechtenstein, Marshall Islands, Mauritius, Montserrat,
Nauru, Niue, Panama, Philippines, Saint Lucia, Saint Vincent and the Grenadines, Samoa, Seychelles, Singapore, St. Kitts and Nevis, St Maarten, Turks and Caicos Islands, US Virgin Islands, Vanuatu.
*Suppressed for confidentiality reasons but included in the higher level aggregates.
Table 3 - Exports and Imports of Services classified by country, 2015-2016€ million
Region/Country2015 12016
ExportsImportsNet ExportsImportsNet
Algeria*4**0*
Angola*0**0*
Argentina1703613516336125
Australia2,6722182,4552,8182322,585
Austria851227624842291551
Bahamas30**68**
Bahrain5225066**
Barbados84136-5179117-37
Belarus***27225
Belgium2,5391,9366042,4643,151-688
Bermuda1945,503-5,3093203,578-3,257
Bosnia and Herzegovina*0**0*
Brazil9531637911,052176877
British Virgin Islands 5334962**
Bulgaria9127641014559
Canada1,4352541,1811,4452631,181
Cayman Islands410**522**
Chile*42**15*
China3,4544243,0293,8643383,526
Colombia1772714916720148
Croatia885730895930
Curacao23-1303
Cyprus-15431-185-12037-156
Czech Republic347191156338176162
Denmark1,2864778091,350406944
Dominican Republic404303
Ecuador23**29**
Egypt22811012022093128
El Salvador21**17016
Estonia221012371125
Ethiopia64**71**
Finland1,0013866151,131464666
France6,3542,6733,6806,2292,6453,585
Georgia*0**0*
Germany10,4153,7056,70910,4843,9536,532
Gibraltar94**68**
Greece334163170339136204
Guernsey481433*25*
Hong Kong5658747860880528
Hungary*72**82*
Iceland****4*
India2,4063722,0342,6496262,023
Indonesia305192853819372
Isle of Man ***87**
Israel1,6391711,467864203662
Italy6,5353,1763,3585,6772,9772,700
Jamaica432000
Japan3,2199812,2394,7691,1903,579
Jersey9**104**
Jordan54104559**
Kazakhstan9028788484
Kenya982672751460
Korea, Republic of (South Korea)6454759676757710
Kuwait7407374173
Latvia641055691353
Lebanon48**452125
Libya******
Liechtenstein******
Lithuania10718891111993
Luxembourg1,6256,316-4,6912,998**
Macao****1*
Malaysia2392221929029261
Malta131363-230115**
Marshall Islands****6*
Mexico57496479695111584
Montenegro**14***
Morocco71224973**
Netherlands4,31619,340-15,0234,31418,381-14,069
New Zealand222**2321231
Nigeria13996441446182
Norway1,4401871,2521,6442041,441
Oman73**69**
Pakistan9488587**
Panama4945550**
Philippines172**226**
Poland1,0534835711,075481595
Portugal1,0273956331,076436639
Qatar2621025235111338
Romania147697995103-10
Russian Federation1,3851691,2151,4392411,200
Rwanda*0**0*
Saudi Arabia622321300537351188
Serbia46**38**
Singapore1,213**1,793**
Slovakia1172591953363
Slovenia562334612735
South Africa951228724844195649
Spain3,3651,8261,5383,8042,3011,501
Sri Lanka**6***
Sweden2,5266291,8972,7436232,120
Switzerland3,2783,195833,432**
Taiwan, Province of China490111379565**
Thailand118**18534151
Trinidad and Tobago*****4
Tunisia26**26619
Turkey671197473672181491
Ukraine452224651848
United Arab Emirates1,028152876*194*
United Kingdom21,63212,6838,94822,49611,84110,656
United States13,33129,481-16,15114,74240,348-25,607
Uruguay*0**1*
Venezuela2281418413
Viet Nam169816221312202
Virgin Islands, US808909
International Organisations***25**
Not geographically allocated 2***19,173**
Marginal trade 32778419336174287
       
World total126,283152,947-26,663 140,971186,179-45,208
1Revised
2This category covers data supplied by respondents without a geographical breakdown.
3Subtotal for countries for which exports and imports are less than €10m.
*Suppressed for confidentiality reasons but included in world total.

Background Notes

The International Trade in Services provides, on an annual basis, greater analysis of the service components and significantly more geographical detail, including a cross-classification of service components according to counterpart country/region. The data are collected and compiled within the BOP framework and as such are designed to comply in so far as possible with the stipulated international methodological standards. They also conform closely with international presentation formats taking materiality and relevance into account as well as data confidentiality constraints. The results published in this release are generally compatible with the information supplied to and published by Eurostat and the European Central Bank (ECB) concerning the economic activities of EU and EMU residents with non-residents of these areas. The figures are also compatible with those supplied to other international organisations such as IMF and OECD.

 

For more detailed methodological information see International Trade in Services - Background Notes ( updated January 2015) (PDF 130KB)

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