Intra-EU services trade by product group 2022

Trade in services within the European Union has grown hugely over the period since 2010, with particularly large increases in transport, ICT, and financial services. Services trade increased from around one trillion Euros in 2010 to over two trillion in 2019, before dropping off during the COVID-19 pandemic. Travel services in particular more than halved in value during 2020 compared to the previous year. 2021 then marked a recovery in the growth of services trade, increasing by over 250 billion euros, bringing the total value once again close to two trillion Euros. Trade in services continued to increase in the aftermath of the pandemic, with commercial services in particular increasing by roughly a quarter of a trillion euros in 2022.

Annual value of services traded within the European Union from 2010 to 2022, by product group (in millions of Euros)

Characteristic	Commercial services	Other business services	Transport	Travel	ICT services	Financial services	Charges for intellectual property	Manufacturing services	Insurance and pension services	Personal, cultural, and recreational services	Maintenance and repair services	Construction	Government goods and services	Services not allocated
2022	1,279,450.4	300,990.2	274,528.6	226,838.2	191,092.8	105,307.9	55,176.8	40,035.7	26,881.1	23,614.7	18,255.7	16,728.5	11,033.5	3,361
2021	1,013,070.8	256,230.9	206,130.9	136,219.8	166,134.7	97,208.2	47,595	33,598.7	25,971.7	15,224.9	14,989.9	13,766	8,877.3	2,249.6
2020	861,410.5	225,895.8	167,230.1	105,540	142,708.8	80,656.7	44,304.7	30,274.2	23,461.6	14,320	14,212.5	12,806.1	7,238	839.4
2019	1,011,366.2	241,845.1	186,489.4	214,523.7	125,815.1	76,119.6	64,935.5	34,195	22,750.1	14,940.5	16,089.8	13,662.5	7,664.3	165.3
2018	920,873.3	217,423.5	172,980.6	205,132.2	109,645.3	68,894.3	54,609.1	31,834	20,094.5	11,848.1	14,221.2	14,190.5	7,247.2	910.8
2017	849,382.8	200,704.4	160,684	196,373.8	92,969.9	68,092.2	47,823.6	28,341.1	17,321.1	10,161.7	12,772.6	14,138.5	7,560.4	655
2016	781,705.3	184,336.2	145,806	181,833.5	84,815.9	63,469.4	44,824.1	23,422.7	18,841.3	9,248.2	12,085.8	13,022.1	7,334.4	-1,803.3
2015	735,795.8	169,465.4	142,033.4	174,218.4	78,734.4	60,201.7	41,215.5	21,983.9	16,523	8,807.6	10,789.1	11,823.5	7,268.4	-787.3
2014	685,292.6	153,053	134,166.2	172,733	71,747.2	54,970.6	36,069.7	20,315.6	15,940.5	6,974.6	9,086.6	10,235.5	6,318.2	-389.1
2013	626,096.8	134,054.1	124,588.7	166,048.1	71,875	50,756.5	20,366.9	17,643.4	17,149.8	8,169.7	7,444.6	7,999.8	5,832.7	-1,913.1
2012	593,375	125,343	116,572.7	162,585.1	67,247.1	46,951.9	19,461.5	17,566	15,327.4	7,684.8	6,416.6	8,218.8	6,487.3	-2,073.2
2011	566,099.3	114,263.5	112,670.6	161,615.3	63,925.1	44,647.3	17,789.2	15,333.3	14,606.3	6,902.4	6,294	8,052.4	6,714.3	425.1
2010	528,409.4	101,611.5	110,854.4	147,540.6	59,046.4	41,637.8	18,513.9	15,121	12,853.7	6,251.3	5,777.7	9,201.1	6,181	582.5