Fact Sheets on the European Union – 2 - EU Bookshop - Europa

6
The EU’s external
relations 2
Economic policy
and external trade
B. Type of services
Services (insurance, financial services, IT services, licences)
now rank first in exports, having displaced transport
and travel.
Table 11 — Trade in services of EU-27 (billion EUR)
2004 2007
Credit Debit Net Credit Debit Net
Total services 368.1 321.7 46.4 501.4 413.0 88.4
Transport 93.5 79.5 14.0 118.5 102.0 16.5
Travel 62.1 79.5 -17.4 76.7 94.1 -17.3
Communication services 6.4 7.1 -0.7 9.8 10.7 0.9
Construction 9.6 5.8 3.8 15.9 7.9 8.0
Insurance 10.7 8.4 2.3 14.3 7.7 6.5
Financial services 29.6 11.9 17.7 54.3 21.3 33.0
Information technology & information 16.3 8.1 8.2 23.6 10.3 13.2
Royalties and licence fees 20.4 29.4 -9.0 25.5 36.1 -10.6
Other business services 102.4 77.5 24.9 147.8 107.6 40.2
Personal, cultural and recreational services 5.1 6.3 -1.2 5.0 5.9 -0.9
Administrative services 9.1 5.5 3.7 7.7 7.2 0.7
Non-classified services 2.9 2.9 0.1 2.5 2.2 0.3
Source: Eurostat
C. Main partners
In 2007, 48 % of the trade of the EU-27 was with the
United States, 20 % was with Switzerland, 6.6 % with Japan,
6.2 % with Russia and 6.1 % with China.
Table 12 — The EU’s main trading partners (billion EUR)
2005 2006 2007
Credit Debit Net Credit Debit Net Credit Debit Net
Switzerland 49.4 38.1 11.3 52.7 37.8 15.0 60.6 41.8 18.9
Russia 12.3 9.1 3.2 14.2 10.8 3.4 18.1 11.5 6.7
Canada 9.0 7.6 1.3 10.2 8.2 2.0 11.3 9.5 1.8
United States 123.2 118.2 4.9 134.7 122.1 12.6 139.0 127.8 11.2
Brazil 4.6 4.0 06 5.2 4.6 0.5 6.6 4.8 1.8
China 12.3 9.6 2.7 12.8 11.3 1.4 17.7 13.1 4.6
Hong Kong 8.3 5.6 2.6 6.9 6.7 0.2 8.3 7.8 0.7
India 5.4 4.8 0.6 7.0 5.5 1.4 9.0 6.6 2.4
Japan 19.6 12.3 7.3 18.9 12.9 6.0 19.3 13.3 6.0
Source: Eurostat.
g
Dominique Delaunay
July 2008
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