Export services

In recent years, the export of services has become an important part of the U.S. economy. In 2014, the United States exported $758 billion in services and received $664 billion in services imports. The United States had a services trade surplus of $94 billion in 2014. The United States is the world’s largest exporter of services. Services exports were $758 billion in 2014, an increase of $47 billion from 2013. The United States exports more services than any other country in the world. Services exports as a percentage of GDP were 11.4 percent in 2014. The United States is also the world’s largest importer of services. Services imports were $664 billion in 2014, an increase of $42 billion from 2013. The United States imports more services than any other country in the world. Services imports as a percentage of GDP were 10.1 percent in 2014. The United States had a services trade surplus of $94 billion in 2014. This was an increase of $5 billion from 2013. The United States has had a services trade surplus in every year since 2007.

The term ‘export services’ covers a wide range of services which can be exported from one country to another. These services can be broadly classified into four categories: business services, communication services, transportation services, and financial services. Business services include a wide range of activities such as management consulting, marketing, advertising, market research, public relations, and business process outsourcing. Communication services encompass a wide range of activities including telecommunication, Internet, and postal services. Transportation services involve the movement of people and goods from one place to another. This includes activities such as shipping, air transportation, and railway transportation. Financial services encompass a wide range of activities including banking, insurance, and investment.

Although service exports make up a relatively small share of overall exports, they are growing at a faster pace than other types of exports. This is due to the fact that service exports are less sensitive to economic cycles than other types of exports. The growth of service exports provides an opportunity for businesses to expand their reach into new markets. However, businesses need to be aware of the potential challenges associated with service exports, such as cultural differences and language barriers.