Developments in the balance of travel services: January 2021
24/03/2021 - Press Releases
Balance of travel services
Based on provisional data, the balance of travel services in January 2021 showed a surplus of €2 million, compared with a surplus of €98 million in January 2020. More specifically, travel receipts in January 2021 fell by 90.9% to €25 million, from €281 million in January 2020, while travel payments also decreased by 87.4% (January 2021: €23 million, January 2020: €183 million). The fall in travel receipts resulted from an 87.9% decline in inbound traveller flows and a 25.1% decrease in average expenditure per trip. Net receipts from travel services offset 0.2% of the goods deficit and accounted for 0.9% of total net receipts from services.
In January 2021, as mentioned previously, travel receipts declined by 90.9% year-on-year. In more detail, receipts from residents of EU27 countries fell by 85.8% to €16 million, while receipts from outside the EU27 decreased by 94.4% (January 2021: €9 million, January 2020: €168 million). The lower receipts from within the EU27 were due to decreases in receipts from euro area residents by 89.7% to €10 million (January 2020: €98 million) and in receipts from residents of non-euro area EU27 countries by 58.1% to €6 million. Among major countries of origin, receipts from Germany fell by 81.3% to €5 million and receipts from France decreased by 87.5% to €1 million. Turning to non-EU27 countries, receipts from the United Kingdom fell by 96.2% to €1 million, while receipts from the United States and Russia decreased by 99.4% and 99.0%, respectively, to almost zero.
Inbound traveller flows
The number of inbound visitors in January 2021 fell by 87.9% year-on-year to 96 thousand. Specifically, visitor flows through airports declined by 88.8% and visitor flows through road border-crossing points fell by 89.7%. This overall decrease was due to lower visitor flows from both within the EU27 (down 83.4%) and outside the EU27 (down 91.9%). In greater detail, the number of visitors from within the euro area fell by 82.7% to 40 thousand, while visitors from non-euro area EU27 countries fell by 84.5% (January 2021: 22 thousand, January 2020: 140 thousand). Specifically, the number of visitors from Germany decreased by 71.4% to 19 thousand, while visitors from France fell by 71.2% to 3 thousand. Turning to non-EU27 countries, the number of visitors from the United Kingdom fell by 92.1% to 6 thousand and the number of visitors from the United States dropped by 97.7% to 1 thousand. The number of visitors from Russia also decreased, by 97.5% to almost zero.
Note: The next Press Release on “Developments in the balance of travel services” for February 2021 will be published on 21 April 2021.
 Inbound traveller flows exclude cruise passengers (other than those recorded in the Border Survey).