06 July 2023

BEA News: International Services (Expanded Detail), 2022

 

US Department of Commerce Bureau of Economic Analysis

BEA News: International Services (Expanded Detail), 2022

The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today:

The trade in services statistics in BEA’s annual International Services tables—BEA’s most detailed trade in services statistics by service type and geographic area—are now available with statistics through 2022.


International Services (Expanded Detail)

For 2022, U.S. exports of services were $928.5 billion, and U.S. imports of services were $696.7 billion. For 2020—the latest year for which statistics are available—services supplied to foreign persons through foreign affiliates of U.S. multinational enterprises (MNEs) were $1,649.7 billion, and services supplied to U.S. persons through U.S. affiliates of foreign MNEs were $1,179.3 billion. Affiliates supplied most of the services provided to foreign persons by the United States and to U.S. persons by foreign markets in 2020.

  • Current release: July 6, 2023
    U.S. trade in services detailed tables
  • Next release: October 5, 2023
    Services supplied through affiliates
Chart showing U.S. International Services Supplied, 2004-2021

What is International Services (Expanded Detail)?

Services supplied by and to the United States in either of two ways: trade between U.S. residents and residents of other countries, or services supplied by multinational enterprises through their U.S. or foreign affiliates.

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