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Recent Trends in U.S. Services Trade: 2024 Annual Report
Investigation no. 332-601
Publication 5512 (May 2024)
Welcome to the homepage for Recent Trends in U.S. Services Trade: 2024 Annual Report, published by the U.S. International Trade Commission (Commission). Recent Trends is the Commission’s annual report on U.S. services trade. This year, the report covers financial services. It presents an overview of U.S. trade in services and discusses market conditions, the industry outlook, and emerging market trends for the banking, insurance, and securities industries. These trends include the digitalization of financial services (including the incorporation of AI) and rising demand for financial products and services that address concerns for sustainability and financial inclusion, and support growth in emerging markets. It also summarizes the USITC’s 17th annual Services Roundtable.
The report is accompanied by interactive figures and tables that display U.S. services trade with the United States’ largest country trade partners and the European Union as well as trade in six individual services categories. These figures and tables show cross-border trade in services, which occurs when suppliers in one country sell services to consumers in another country. Links to the interactive figures can be accessed below.
View the full Recent Trends in U.S. Services Trade 2024 Report