The USA is the main EU partner for international trade in services. In 2016, it accounted for 26% of the EU total exports and 31% of EU imports of services.
The steady growth of the EU exports of services to the USA was reversed in 2016 where it fell from €223 bn in 2015 to €218 bn euro in 2016. The imports continued to grow – from €205 bn in 2015 to €219 bn in 2016. After five consecutive years of surplus, the trade balance with the USA turned into a deficit.
The source dataset is here
Largest growth in exports of insurance and pension services
The most exported service from the EU to the USA is "Other business services" (€69 bn or 31% of the total EU exports of services to the USA in 2016). This includes "Research and development services" (€18 bn), "Professional and management consulting services" (€24 bn) and "Technical, trade-related and other business services" (€27 bn). Other main export categories are "Transport" (€30 bn or 14%), "Financial services" and "Telecommunications, computer, and information services" (each €28 bn or 13%).
Compared with 2015, exports of "Maintenance and repair services" (+14.6%) and "Telecommunications, computer, and information services" (+11%) have grown the most.
The largest decrease of exports has been registered in "Insurance and pension services" (-31%), followed by “Manufacturing services on physical inputs owned by others” (-20%) and "Transport" (-10%).
Largest growth in imports of government goods and services
Also the imports from the USA are dominated by "Other business services" (€90 bn or 41% of the total EU imports of services from the USA in 2016). The next largest services categories for imports from the USA are "Charges for the use of intellectual property " (€34 bn or 1%), "Travel" (€24 bn or 11%) and "Transport" (€22 bn or 10%).
Compared with 2015, imports of "Government goods and services" (+26%), "Telecommunications, computer, and information services" and "Other business services" (both +15%) have grown the most.
The largest decrease of imports has been registered in "Personal, cultural, and recreational services" (-28%), followed by "Construction" (-20%) and "Insurance and Pension Services" (-8%).
The source dataset is available here