Total service exports increased by €14.7bn from €126.3bn in 2015 to €141bn in 2016.Total service imports also increased significantly by €33.2bn from €152.9bn in 2015 to €186.2bn in 2016. As a result, the service deficit moved from €26.7bn in 2015 to €45.2bn in 2016. UK, US, Germany and the Netherlands remain Ireland’s most significant trading partners.
Computer services at €64.6bn remains the largest export category and accounted for 46 per cent of total service exports in 2016. Other Business Services, the residual import category at €86.8bn was the largest import category followed by Royalties/Licences at €72.2bn. When combined, these two import categories accounted for 85.4 per cent of total service imports in 2016 (see Table 1).