Total service exports increased by €32.9bn from €188.5bn in 2018 to €221.4bn in 2019. Total service imports increased by €91.9bn from €204.8bn in 2018 to €296.7bn in 2019. The increase in service exports was principally due to increased computer service exports (+€24.0bn) while the increase in service imports was predominantly due to increased R&D service imports related to Intellectual Property (IP) (+€67.6bn) as well as increased Royalty imports (+€11.8bn). As a result, the service deficit moved from €16.3bn in 2018 to €75.3bn in 2019. UK, US, Germany and the Netherlands remain Ireland’s most significant trading partners.
Computer services exports at €117.1bn remains the largest export category and accounted for 52.9 per cent of total service exports in 2019. R&D service imports, at €105.1bn, along with Royalties/Licences imports at €84.3bn, were the largest import categories. When combined, these two import categories accounted for 63.8 per cent of total service imports in 2019 (see Table 1).