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Services Trade by Activity Sector

Open in Excel:
ExportsImports
Manufacturing (C)27.4828271.237396
Wholesale &
Retail Trade (G)
0.7359082.736185
Information &
Communication (J)
74.0802588.230182
Financial &
Insurance (K)
28.28168425.306535
Professional &
Scientific (M)
7.1850515.042996
Administrative &
Support (N)
21.8546119.356651
Other
Activities (Oth)
2.2105563.412208
  • The Information and Communication sector (J) was the largest export sector exporting €74bn (46%) of total service exports. 
  • Both the Financial and Insurance sector (K) and Manufacturing Sector (C) were recorded as the second largest export sectors with €28bn (17%) and €27.5bn (17%) of total service exports respectively. 
  • The Administration and Support sector (N) also contributed significantly exporting €22bn (14%) of total service exports. 
  • The Information and Communications Sector (J) represented the largest import sector with €88bn (43%) of total service imports. 
  • The Manufacturing Sector (C) formed the second largest activity sector with €71bn (35%). 
  • The Financial and Insurance sector (K) was also significant importing €25bn (12%) of total service imports. See Table 4.1, Figure 4.1 and Figure 4.2.
Table 4.1 Services Trade by Activity Sector, 2017

Manufacturing (C )Wholesale & Retail Trade (G)Information & Communication (J)Financial & Insurance (K)Professional & Scientific (M)Administrative & Support (N)Other Activities (Oth)
Exports16.98243252462080.45473892250972145.7763376186317.47607378764794.4398516525399813.50459875148671.36596674256483
Imports34.69542616767711.3326301911513742.971584269331112.32528230891872.456138281386524.557058682313741.66188009922144
LargeSmall & MediumUnknown
Manufacturing (C)5.462542311593630.68050204816093811.8167307045248
Information &
Communication (J)
42.09630376750520.6608715549570860.891163388564565
Financial &
Insurance (K)
1.305215324396914.73441010986092.47602810358738
Administrative &
Support (N)
08.221869614657994.90196868838611
Other Activities (Oth)4.53985656784252.155310589960360.0572272260015758

Large enterprises made up €85bn (52%) of total service exports (€162bn) in 2017. They dominated the Information and Communication sector (J) where they provided a sizeable €69bn (43%) of total service exports. Large enterprises in the Manufacturing sector (C) exported €8bn (5%) of total services while large enterprises in the Financial & Insurance sector (K) exported €2bn (1%) of total services.

SME enterprises in the Financial and Insurance sector (K) exported €23bn (14%) of total services while SME enterprises in the Administrative and Support sector (N) made up €16bn (10%). They made up €5bn (3%) of total service exports in other activity sectors. See Figure 4.3 and Table 4.2.                                         

Table 4.2 Services Exports by Activity Sector and Enterprise Size, 2017

Small & MediumLargeUnknown
Manufacturing (C)1.247859016946926.87894520568376.56862194504652
Information &
Communication (J)
0.50536875093064142.10515170274880.36106381565169
Financial & Insurance (K)10.33461645027660.3449881026721.64567775597015
Administrative & Support (N)2.6114566410181801.94560204129556
Other Activities (Oth)3.253280224467552.191523873217910.00584447407387161

Large enterprises imported €147bn (72%) of total services (€205bn) in 2017. In the Manufacturing Sector (C) and the Information and Communication sector (J) they imported €55bn and €86bn (27% and 42%) respectively, together importing €142bn (69%) of total services.

SMEs imported €37bn (18%) of total services and in the Financial and Insurance sector (K) and in other activity sectors they made up €21bn (10%) and €7bn (3%) of total service imports respectively. See Figure 4.4 and Table 4.3.

Table 4.3 Services Imports by Activity Sector and Enterprise Size, 2017


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