Service industry surplus In the fourth quarter of 2022, it increased by 26.4% compared to the same period of 2021. 9.485.7 million euros, After increasing its exports by more than 18%, according to the International Trade in Services Survey released this Thursday by the National Institute of Statistics (INE).
Specifically, export In the fourth quarter of 2022, it increased by 18.5% year-on-year to EUR 26,942.1 million, imports It grew by 14.6% to reach 17,456.4 million.
Services that contributed the most to the recovery in exports in the fourth quarter of last year. insurance and pensions (+48%); transport (+20.7%) and commercial services (+19.1%).
Foreign sales of the transportation sector in particular 6,353.9 million, A total of 9,864 million euros driven by business services, up 20.7% from the fourth quarter of 2021, was 19.1% more, while insurance and pensions were 1,642 million euros, up 48% compared to the fourth quarter. quarter of 2021.
ac observed two sectorsnegative contribution was among structure and one monetaryIt reached a total of 774 million euros, with exports 7.4% lower than in the last quarter of 2021.
Contribution of imports
On the other hand, services made the most positive contribution to the annual growth of imports in the fourth quarter of 2022. business services, With its imports of 6,501.7 million and a growth rate of 13%; The transport sector, up 4,405.3 million and 18.8% year-on-year, and the insurance and pension sector, with 23.5% more imports, worth 1,350,5 million euros.
Industries with a lower positive contribution annual development of imports In the fourth quarter of last year, overseas purchases increased by 6.6% and reached 208.6 million Euros for maintenance and repair.
when it comes geographic target of exports Services for Europe reached 16,810.3 million euros in the fourth quarter of 2022, while those for the EU reached 11,618.7 million euros. Among them, those going to the eurozone amounted to 10,620.1 million euros.
Finally, in terms of imports, originating Europe It amounted to 12,654.5 million euros, with values of 9,419.8 and 8,557.8 million euros, respectively, for the EU and eurozone.