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Services Trade by Activity Sector

Open in Excel:
ExportsImports
Manufacturing (C)27.46157879.914674
Wholesale &
Retail Trade (G)
4.1446572.469666
Information &
Communication (J)
97.06555976.552836
Financial &
Insurance (K)
28.54795828.471993
Professional &
Scientific (M)
7.7125874.831094
Administrative &
Support (N)
21.92467610.262572
Other
Activities (Oth)
2.3871743.083351
  • The Information and Communication sector (J) was the largest export sector exporting €97bn (51%) of total service exports. 
  • Both the Financial and Insurance sector (K) and Manufacturing Sector (C) were recorded as the second largest export sectors with €28.5bn (15%) and €27.5bn (15%) of total service exports respectively. 
  • The Administration and Support sector (N) also contributed significantly exporting €22bn (12%) of total service exports. 
  • The Manufacturing Sector (C) represented the largest import sector with €80bn (39%) of total service imports. 
  • The Information and Communication sector (J) formed the second largest activity sector with €77bn (37%). 
  • The Financial and Insurance sector (K) was also significant importing €28bn (42%) of total service imports. See Table 4.1, figure 4.1 and figure 4.2.
Table 4.1 Services Trade by Activity Sector, 2018

Manufacturing (C )Wholesale & Retail Trade (G)Information & Communication (J)Financial & Insurance (K)Professional & Scientific (M)Administrative & Support (N)Other Activities (Oth)
Exports14.51118691945672.190110577186651.291170161108615.08524946042074.0754683357807111.58538928769961.26142525834703
Imports38.87161659781951.2012801288117737.236371513794213.84917613092932.349911778605594.991858742882661.49978510715696
Small & MediumLargeUnknownTotal (where large/unknown split not available)
Manufacturing (C)0.7648007622574873.6049825551050310.14140360209420
Information & Communication (J)2.1279617732410348.62320343162560.5400049562420120
Financial & Insurance (K)12.40135199078690.9586429097698741.725254559863920
Administrative & Support (N)8.16051477279442003.42487451490518
Other Activities (Oth)4.08572016972209003.44128400159225
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 €108bn (57%) of total service exports (€189bn) in 2018. They dominated the Information and Communication sector (J) where they provided a sizeable €92bn (49%) of total service exports. Large enterprises in the Manufacturing sector (C) exported €7bn (4%) 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 (12%) of total services while SME enterprises in the Administrative and Support sector (N) made up €15bn (8%). They made up €7bn (4%) 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, 2018

Small & MediumLargeUnknownTotal (where large/unknown split not available)
Manufacturing (C)8.4405802440442223.77917113555486.651865218220450
Information & Communication (J)1.8520149987120235.08209885269240.3022576623898260
Financial & Insurance (K)12.01704525030680.3929957628573351.439135117765160
Administrative & Support (N)2.44398327424587002.54787546863679
Other Activities (Oth)3.5283246122383001.52265240233602

Large enterprises imported €125bn (61%) of total services (€206bn) in 2018. In the Manufacturing Sector (C) and the Information and Communication sector (J) they imported €49bn and €72bn (24% and 35%) respectively, together importing €121bn (59%) of total services.

SMEs imported €58bn (28%) of total services and in the Financial and Insurance sector (K) and the Manufacturing Sector (C)  they made up €25bn (12%) and €17bn (8%) of total service imports respectively. See Figure 4.4 and Table 4.3.

Table 4.3 Services Imports by Activity Sector and Enterprise Size, 2018


Next Chapter >> Services Trade by Ownership