This paper uses rich firm-level data from Hungary to present some stylized facts on services
trade. We show that (i) services exporters are even more rare than goods exporters; (ii)
services exports are highly concentrated; (iii) services exporters are more likely than goods
exporters to be located in cities; (iv) services exports tend to be preceded by services imports;
(v) manufacturing firms also export services with services exports following goods exports in
terms of timing and destinations; and (vi) services exporters have comparable premia to
goods exporters.