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  • U.S. exports increased 6.0 percent annually to $137.4 billion in 2015
  • U.S. imports increased 4.6 percent annually to $89.8 billion in 2015

U.S. exports of professional services rose by $28.5 billion from 2011–2015, while U.S. imports increased by $14.7 billion during the same period. The United States reported a trade surplus in professional services of $47.6 billion in 2014, up from $33.7 billion in 2011. The European Union (EU) has consistently been the United States’ leading export and import market for professional services, while Switzerland is the second largest destination for U.S. exports (primarily a result of the high value of U.S. exports of research and development services as well as management consulting services). For more information on U.S. trade in professional services, see chapters 2–6 of Recent Trends in U.S. Services Trade: 2017 Annual Report..