2 people in suits shaking hands.

In 2023, EU countries exported €1 427 billion worth of services to countries outside of the EU (+2% compared with 2022). Imports from countries outside the EU stood at €1 274 billion (+4% compared with 2022). This marks a continuing upward trend following a disruption in 2020 due to the impact of the COVID-19 pandemic.  

In 2023, the EU trade in services balance reached €153 billion, the second highest figure since 2010, after the record €181 billion in 2022.

This information comes from data on EU trade in services published by Eurostat today. 

EU international trade in services, billion €, 2010-2023. Line graph. See link to full dataset below.

Source dataset: bop_its6_det

Leading trade partners in 2023: USA and UK

EU’s leading trade partners for international exports of services were the United States (€319 billion; 22% of extra-EU exports) and the United Kingdom (€280 billion; 20%), ahead of Switzerland (€154 billion; 11%).

EU´s top 10 partners for international trad in services, billions and %, 2023. Bar chart. See link to full dataset below.

Source dataset: bop_its6_det

The United States was the origin of more than a third of the services imported into the EU from non-EU countries (€427 billion; 34%), followed by the United Kingdom (€230 billion; 18%) and Switzerland (€91 billion, 7%).