{"id":321315,"date":"2025-12-17T17:39:16","date_gmt":"2025-12-17T17:39:16","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/321315\/"},"modified":"2025-12-17T17:39:16","modified_gmt":"2025-12-17T17:39:16","slug":"eu-services-exports-reach-record-high-in-2024-news-articles","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/321315\/","title":{"rendered":"EU services exports reach record high in 2024 &#8211; News articles"},"content":{"rendered":"<p class=\"ecl-u-type-paragraph\">In 2024, <a class=\"ecl-link\" href=\"https:\/\/ec.europa.eu\/eurostat\/statistics-explained\/index.php?title=Glossary:European_Union_(EU)\" rel=\"nofollow noopener\" target=\"_blank\">EU<\/a> countries <a class=\"ecl-link\" href=\"https:\/\/ec.europa.eu\/eurostat\/statistics-explained\/index.php?title=Glossary:Export\" rel=\"nofollow noopener\" target=\"_blank\">exported<\/a> \u20ac1 568 billion worth of services to <a class=\"ecl-link\" href=\"https:\/\/ec.europa.eu\/eurostat\/statistics-explained\/index.php?title=Glossary:Extra-EU_and_intra-EU\" rel=\"nofollow noopener\" target=\"_blank\">countries outside of the EU<\/a> (+8% compared with 2023). <a class=\"ecl-link\" href=\"https:\/\/ec.europa.eu\/eurostat\/statistics-explained\/index.php?title=Glossary:Import\" rel=\"nofollow noopener\" target=\"_blank\">Imports<\/a> from countries outside the EU stood at \u20ac1 374 billion (+7% compared with 2023). This marks a continuing upward trend following a disruption in 2020 due to the impact of the global pandemic. \u00a0<\/p>\n<p class=\"ecl-u-type-paragraph\">In 2024, the EU trade in services <a class=\"ecl-link\" href=\"https:\/\/ec.europa.eu\/eurostat\/statistics-explained\/index.php?title=Glossary:Trade_balance\" rel=\"nofollow noopener\" target=\"_blank\">balance<\/a> reached \u20ac194 billion, the highest figure in the past decade.<\/p>\n<p class=\"ecl-u-type-paragraph\">This information comes from <a class=\"ecl-link\" href=\"https:\/\/ec.europa.eu\/eurostat\/web\/international-trade-in-services\/database\" rel=\"nofollow noopener\" target=\"_blank\">data on EU trade in services<\/a> published by Eurostat today.\u00a0<\/p>\n<p style=\"text-align:center\"><a class=\"ecl-link\" href=\"https:\/\/ec.europa.eu\/eurostat\/documents\/4187653\/22761522\/international-trade-in-services.jpg\/ea42400d-c55a-8e7f-c1a4-5cee4e919f1d?t=1765877766058\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" alt=\"EU internal trade in services, 2014-2024. Line chart - Click below to see full dataset.\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2025\/12\/international-trade-in-services.jpg\" style=\"margin: 0px;\" width=\"700\"\/><\/a><\/p>\n<p class=\"ecl-u-type-align-center ecl-u-type-paragraph\">Source dataset: <a class=\"ecl-link\" href=\"https:\/\/ec.europa.eu\/eurostat\/databrowser\/view\/bop_its6_det__custom_19266593\/default\/table\" rel=\"nofollow noopener\" target=\"_blank\">bop_its6_det<\/a><\/p>\n<p>Leading trade partners in 2024: USA and UK<\/p>\n<p class=\"ecl-u-type-paragraph\">EU\u2019s leading trade partners for international exports of services were the United States (\u20ac344 billion; 22% of extra-EU exports) and the United Kingdom (\u20ac294 billion; 19%), ahead of Switzerland (\u20ac162 billion; 10%).<\/p>\n<p style=\"text-align:center\"><a class=\"ecl-link\" href=\"https:\/\/ec.europa.eu\/eurostat\/documents\/4187653\/22761522\/international-trade-in-services-partners.jpg\/7eac1fe9-ba48-19c2-5ba2-504c4ebc741b?t=1765877448187\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" alt=\"EU's top 10 partners for international trade in services, 2024. Bar chart - Click below to see full dataset.\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2025\/12\/international-trade-in-services-partners.jpg\" style=\"margin: 0px;\" width=\"700\"\/><\/a><\/p>\n<p class=\"ecl-u-type-align-center ecl-u-type-paragraph\">Source dataset: <a class=\"ecl-link\" href=\"https:\/\/ec.europa.eu\/eurostat\/databrowser\/view\/bop_its6_det__custom_19266573\/default\/table\" rel=\"nofollow noopener\" target=\"_blank\">bop_its6_det<\/a><\/p>\n<p class=\"ecl-u-type-paragraph\">The United States was the origin of more than a third of the services imported into the EU from non-EU countries (\u20ac483 billion; 35%), followed by the United Kingdom (\u20ac248 billion; 18%) and Switzerland (\u20ac99 billion; 7%).<\/p>\n","protected":false},"excerpt":{"rendered":"In 2024, EU countries exported \u20ac1 568 billion worth of services to countries outside of the EU (+8%&hellip;\n","protected":false},"author":2,"featured_media":321316,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,4535,1294,1295,19626,56,54,55],"class_list":["post-321315","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-data-driven-news","tag-economy","tag-international-trade","tag-its","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/321315","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=321315"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/321315\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/321316"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=321315"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=321315"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=321315"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}