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The USA and the EFTA countries are the main partners
EU28 international trade in services increased in 2012, with EU28 exports of services to the rest of the world rising by 9%, from 609 billion euro in 2011 to 662 bn in 2012, and EU28 imports by 6%, from 478 bn to 509 bn. As a result, EU28 trade in services recorded a surplus of 153 bn in 2012, compared with +131 bn in 2011 and +109 bn in 2010. These data, issued by Eurostat, the statistical office of the European Union, are subject to revision.
The surplus in 2012 was mainly due to surpluses in "other business services", which includes miscellaneous business, professional & technical services (+64 bn euro), financial services (+32 bn), transportation and computer & information services (both +26 bn), insurance services (+13 bn), construction services (+9 bn), travel (+5 bn) and communication services (+3 bn). These surpluses were slightly offset by a deficit in royalties & licence fees (-8 bn). In 2012, the EU28 recorded surpluses in trade in services with all its main partners. The highest surpluses were observed with the EFTA countries4 (+31 bn euro), Russia and the USA (both +14 bn), China and Japan (both +9
bn), Brazil and Canada (both +7 bn).
The USA and the EFTA countries are the main partners
EU28 international trade in services increased in 2012, with EU28 exports of services to the rest of the world rising by 9%, from 609 billion euro in 2011 to 662 bn in 2012, and EU28 imports by 6%, from 478 bn to 509 bn. As a result, EU28 trade in services recorded a surplus of 153 bn in 2012, compared with +131 bn in 2011 and +109 bn in 2010. These data, issued by Eurostat, the statistical office of the European Union, are subject to revision.
The surplus in 2012 was mainly due to surpluses in "other business services", which includes miscellaneous business, professional & technical services (+64 bn euro), financial services (+32 bn), transportation and computer & information services (both +26 bn), insurance services (+13 bn), construction services (+9 bn), travel (+5 bn) and communication services (+3 bn). These surpluses were slightly offset by a deficit in royalties & licence fees (-8 bn). In 2012, the EU28 recorded surpluses in trade in services with all its main partners. The highest surpluses were observed with the EFTA countries4 (+31 bn euro), Russia and the USA (both +14 bn), China and Japan (both +9
bn), Brazil and Canada (both +7 bn).