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Exports of Services (BoP, USD) rose 19.1% to USD 2,373 bil in the European Union in 2021

Exports of Services (BoP, USD) (USD bil), 2021
Economy | European Union | February 1, 2023
$2.99
Excel Sheet

Exports of services as a part of balance of payment rose 19.1% to USD 2,373 bil in the European Union in 2021, according to the National Statistical Office.

Historically, exports of services as a part of balance of payment in the European Union reached an all time high of USD 2,373 bil in 2021 and an all time low of USD 81.4 bil in 1975. When compared to European Union's main peers, exports of services as a part of balance of payment in China amounted to USD 338 bil, USD 170 bil in Japan, USD 55.7 bil in Russia and USD 795 bil in USA in 2021.

European Union has been ranked th within the group of 140 countries we follow in terms of exports of services as a part of balance of payment.

Exports of Services (BoP, USD) Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Canada USD bil 85.0 87.5 94.8 105 113
China USD bil 217 208 213 234 244
European Union USD bil 1,727 1,778 1,976 2,203 2,247
Germany USD bil 281 293 322 357 356
India USD bil 156 162 185 205 215
Japan USD bil 163 176 187 194 209
Mexico USD bil 22.9 24.2 27.6 29.0 31.7
Russia USD bil 51.6 50.6 57.5 64.6 62.0
South Korea USD bil 97.5 94.8 89.7 104 104
USA USD bil 769 783 837 866 891