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Services – EU surplus up

Feb 6, 2015 | News

(06 February 2015) – EU international trade in services increased in 2013 to almost €180 billion.

EU international trade in services increased in 2013, with EU exports of services to the rest of the world rising by 5%, from €676 billion in 2012 to €710 bn in 2013, and EU imports by 3%, from €515 bn to €532 bn. As a result, the EU surplus in trade in services increased in 2013 to €178 bn, compared with +€161 bn in 2012.

In 2013, the USA (25% of EU total exports and 30% of EU imports) and the four EFTA countries together (18% of EU exports and 13% of EU imports) continued to be the two main partners of the EU in international trade in services.

The EU recorded surpluses with all its main partners in 2013, except India (-€1bn). The largest surplus was observed in trade with the EFTA countries (+€ 57 bn), ahead of the USA (+€21 bn), Russia (+€16 bn) and Japan (+€10 bn).

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