Export Performance of Selected EU Countries and the Share of Trade in Services in Their Foreign Trade

This paper deals with the relationship export share of services in total exports and export performance of the economy. Author assumes that growing export performance is both a prerequisite for economic growth, a guarantee of repayment of external debt. The author shows that the export performance of small economies is larger than the economies of larger dimensions, too. The paper includes a comparison of small and large economies and export structure and export performance. The comparison shows that countries with a high share of exports in total exports of services do not reach the high export performance. Furthermore, it appears that these countries also have problems with external economic balance. The author believes that to be successful economy must increase the export of finished products and thus strengthen its manufacturing sector.