EU Internal Trade: services trade balance 2022, by member state

The countries which have the largest services trade surpluses within the European Union are Ireland, Luxembourg, and Spain, as of 2022. The two largest exporters of services, Ireland and Luxembourg, are some of the smallest EU member states, with around five million and half a million residents respectively. Why these small countries have such large trade surpluses is explained by the locating of several large multinational service companies within their borders, often to take advantage of their low corporation tax rates. Germany, Italy, and Sweden, on the other hand, are the big importers of services in the EU.