The European Union has had a growing trade balance with the United States since the turn of the millennium. While in 1999, the EU recorded a monthly trade balance with the U.S. as low as *** million euros a month, the monthly trade balance in the most recent period recorded was over ** billion euros. Both exports and imports have increased over this period, with a particularly notable uptick following the coronavirus pandemic.

European Union Exports to United States was US$571.11 Billion during 2024, according to the United Nations COMTRADE database on international trade. European Union Exports to United States - data, historical chart and statistics - was last updated on July of 2025.

European Union Imports from United States was US$355.76 Billion during 2024, according to the United Nations COMTRADE database on international trade. European Union Imports from United States - data, historical chart and statistics - was last updated on July of 2025.

International trade is an increasingly important component of the European economy. Since its early foundations were laid by the European Coal & Steel Community (ECSC) founded in 1951, trade between European member states has been at the core of the European project. International trade, that is, trade which the European Union does externally with countries who are not member states, has become a greater focus of the bloc in recent years, as the EU attempts to increase the global reach of its companies, while reaping the benefits of cheaper imports. The EU has put particular importance on reaching trade agreements with partners outside the union, as this removes trade barriers such as tariffs, quotas, as well as non-tariff barriers (such as regulations, licenses, and sanctions) which hamper trade activity. EU Trade Deals Recent trade agreements include the Comprehensive Economic & Trade Agreement with Canada (while not ratified by the member states' parliaments, it had been effectively in force since 2017) and the Japan-EU Economic partnership agreement, in force since 2019. The most significant regions which the EU has not concluded free trade agreements with are the United States, Russia, and China. The Transatlantic Trade & Investment Partnership (TTIP) between the U.S. and EU broke down at the negotiation stage, with powerful economic & political actors on the European side, such as trade unions, opposing the deal from the beginning, while the election of Donald Trump as President of the U.S. effectively ended any hopes of the deal being completed due to his "America First" trade policies. With the increasing geopolitical and economic competition between the U.S. and China, the EU now finds itself caught between the two superpowers, and is unlikely to be able to conclude a trade agreement with either without antagonizing the other country. EU trade with Russia, on the other hand, has broken down in light of Russia's invasion of Ukraine in 2022 and the subsequent sanctions imposed by the European member states.

Graph and download economic data for International Trade: Net trade: Value (goods): Total for the European Union (EU28XTNTVA01CXMLQ) from Q1 1999 to Q4 2019 about EU, trade, and Europe.

This statistic shows the projections of the effects of the Transatlantic Trade and Investment Partnership (TTIP) on the European Union member states' trade with the United States in 2030. As a result of an ambitious TTIP implementation this model predicts an additional ***** percent increase in Lithuania's imports from the U.S. over baseline in 2030.

The European Union's total Exports in 2024 were valued at US$2.80 Trillion, according to the United Nations COMTRADE database on international trade. The European Union's main export partners were: the United States, the United Kingdom and China. The top three export commodities were: Machinery, nuclear reactors, boilers; Pharmaceutical products and Vehicles other than railway, tramway. Total Imports were valued at US$2.64 Trillion. In 2024, The European Union had a trade surplus of US$159.68 Billion.

European Union Trade Balance: EU 27E: United States: Goods, nes data was reported at -0.188 EUR bn in Feb 2025. This records an increase from the previous number of -0.793 EUR bn for Jan 2025. European Union Trade Balance: EU 27E: United States: Goods, nes data is updated monthly, averaging 0.092 EUR bn from Jan 2002 (Median) to Feb 2025, with 278 observations. The data reached an all-time high of 0.686 EUR bn in Sep 2020 and a record low of -0.793 EUR bn in Jan 2025. European Union Trade Balance: EU 27E: United States: Goods, nes data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s European Union – Table EU.JA050: Eurostat: Trade Statistics: By SITC: European Union: United States.

United States Trade Balance: European Union data was reported at -15.708 USD bn in Aug 2018. This records an increase from the previous number of -17.589 USD bn for Jul 2018. United States Trade Balance: European Union data is updated monthly, averaging -7.341 USD bn from Jan 1993 (Median) to Aug 2018, with 308 observations. The data reached an all-time high of 1.899 USD bn in Jan 1993 and a record low of -17.589 USD bn in Jul 2018. United States Trade Balance: European Union data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.JA009: Trade Statistics: Census Basis: By Region. Includes Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, Spain, Sweden, and United Kingdom

Graph and download economic data for International Trade: Net trade: Value (goods): Total for the European Union (EU28XTNTVA01CXMLM) from Jan 1999 to Jan 2020 about EU, trade, and Europe.

The export trade of the European Union experienced some notable shifts over the two decades since 2002, with China emerging as a significant export market and the United Kingdom losing its place as the EU's single largest export partner. The United Kingdom's declining share of EU exports The UK, which was a member of the European Union until 2020, declined in its importance as an export market for EU producers over this period. Representing over a fifth of the export trade in 2002, the UK now takes only 13 percent of EU exports, and looks likely to be eclipsed by China's growing share in the coming years. The complications to EU-UK trade caused by the UK's exit agreement with the EU is also likely to contribute to slowing trade flows between the two partners. China's emergence as a key export market As with most other areas of the global economy, the past two decades has largely been the story of China's emergence as a key trading partner. China's share of EU exports was comparable to Japan or Norway at the beginning of the period, while it now represents the EU's third largest export market. While this is a significant change, China takes up a much larger share of imports into the EU, where it is the largest single trading partner. As Chinese incomes rise in the coming decades, the significance of China as an export market for EU producers is likely to rise, geopolitical tension notwithstanding. The Euro and exports to the U.S. The EU's export trade with the United States over this period experienced a relative decline in the period running up to 2014, as the Euro appreciated in its value against the U.S. dollar, making European exports more expensive for Americans. This declining share of the EU's export trade taken by the U.S. was reversed in the latter half of the 2010s however, as the Euro depreciated and European exports to the U.S. increased. Issues with Russia Another notable trend over the period was Russia's emergence as a key export market in the mid-2000s, as the Russian economy grew quickly and Russian consumers began to demand EU made products. Russia declined as a market for EU exports after 2014, as trade was complicated by Russia's illegal annexation of Crimea from Ukraine, and the subsequent devaluation of the Ruble and collapse in the price of Ural crude oil.

Although the Transatlantic Trade and Investment Partnership with the USA and the Comprehensive Economic and Trade Agreement with Canada have elicited considerable domestic contestation in Europe, several other agreements have been negotiated into public and media indifference. What explains this difference? In this article, I put forward a number of arguments on the structural causes of the politicization of European Union (EU) trade policy over the past 30 years and test them against a newly collected dataset covering 19 preferential trade agreements. The qualitative comparative analysis suggests that the politicization of EU trade negotiations is determined by the co-occurrence of several, well-defined conditions. More specifically, it tells us that: (1) the Lisbon Treaty’s reform of EU trade policymaking is the main driver of politicization, (2) the level of public support for the EU is of particular relevance when it comes to ‘deep and comprehensive’ agreements that touch on sensitive domestic issues, and that (3) high adjustment costs expected from trade liberalization can lead to the politicization of trade negotiations.

The United Kingdom imports more services and goods from the European Union than exporting them. Although this has been the case since at least 1999, after 2011 the UK-EU trade balance has been more pronounced as the present statistic lays out. When it comes to the UK’s trade with non-EU countries, the picture is decidedly different. Since 2012, the value of UK exports to non-EU countries was higher than the imports, which resulted in a trade surplus. US biggest export market, but EU weighs heavier As of 2023, the UK’s largest export market was outside the European Union. Yet taken as a bloc, the European Union still accounts for a large chunk of the UK’s international trade. Among these, Germany, the Netherlands, and France rank as the main export partners of the UK. UK-EU trade: most important commodities Machinery and transport equipment were the biggest trade commodity exported by the UK to the EU countries in 2020. The value of such exports were roughly **** billion British pounds. In the same year, the UK imported more machinery and transport equipment from the EU than exported them. In total, the UK imported approximately **** billion British pounds worth of such equipment.

European Union Exports: EU 27E: United States: Crude Mate, Inedible Except Fuels data was reported at 0.403 EUR bn in Feb 2025. This records a decrease from the previous number of 0.434 EUR bn for Jan 2025. European Union Exports: EU 27E: United States: Crude Mate, Inedible Except Fuels data is updated monthly, averaging 0.204 EUR bn from Jan 2002 (Median) to Feb 2025, with 278 observations. The data reached an all-time high of 0.674 EUR bn in May 2022 and a record low of 0.093 EUR bn in May 2009. European Union Exports: EU 27E: United States: Crude Mate, Inedible Except Fuels data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s European Union – Table EU.JA050: Eurostat: Trade Statistics: By SITC: European Union: United States.

This dataset presents information concerning 8- and 10-digit trade codes related to the rechargeable lithium-ion battery (LIB) supply chain for the People's Republic of China (PRC) and the European Union, and the United States as classified by Customs and Border Protection (CBP) rulings. Note that this dataset is not intended to be a complete or comprehensive list of trade codes for the LIB supply chain; rather, it presents trade codes from the PRC and the EU that more granularly classify products related to LIB supply chain in comparison to the Harmonized Tariff Schedule of the United States (HTSUS). CBP rulings are included to indicate existing classification decisions for relevant products related to the LIB supply chain. Disaggregated trade codes offer more detailed insight into trade flows, supply chains, and the state of domestic and international industries. The dataset covers raw materials, refined and processed materials, battery materials, cell components, batteries and battery components, end-of-life batteries, and machinery. Tariff line information was assembled through conversations with experts and reviews of supply chain process flows in concert with an examination of trade databases, domestic trade documentation, and primary international customs import and export tariff documents.

The EUR/USD exchange rate rose to 1.1750 on July 22, 2025, up 0.47% from the previous session. Over the past month, the Euro US Dollar Exchange Rate - EUR/USD has strengthened 1.49%, and is up by 8.30% over the last 12 months. Euro US Dollar Exchange Rate - EUR/USD - values, historical data, forecasts and news - updated on July of 2025.

European Union - Extra-EU trade of food, drinks and tobacco (SITC 0+1): Trade balance in partnership with United States was EUR17120.50 Million in December of 2022, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for European Union - Extra-EU trade of food, drinks and tobacco (SITC 0+1): Trade balance in partnership with United States - last updated from the EUROSTAT on June of 2025. Historically, European Union - Extra-EU trade of food, drinks and tobacco (SITC 0+1): Trade balance in partnership with United States reached a record high of EUR17120.50 Million in December of 2022 and a record low of EUR4536.90 Million in December of 2011.

European Union Trade Balance: swda: EU 27E: United States: Mineral Fuel, Lubricants data was reported at -6.604 EUR bn in Feb 2025. This records a decrease from the previous number of -5.827 EUR bn for Jan 2025. European Union Trade Balance: swda: EU 27E: United States: Mineral Fuel, Lubricants data is updated monthly, averaging -0.138 EUR bn from Jan 2002 (Median) to Feb 2025, with 278 observations. The data reached an all-time high of 1.095 EUR bn in Aug 2006 and a record low of -8.671 EUR bn in Aug 2022. European Union Trade Balance: swda: EU 27E: United States: Mineral Fuel, Lubricants data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s European Union – Table EU.JA050: Eurostat: Trade Statistics: By SITC: European Union: United States.

In 2022, the United States exported around 103.56 billion U.S. dollars worth of mineral fuels, lubricants and related materials to the European Union. It additionally exported around 8.1 billion dollars worth of food, drinks, and tobacco products in the same year.

European Union Imports: swda: EU 27E: United States: Total data was reported at 30.023 EUR bn in Feb 2025. This records an increase from the previous number of 29.756 EUR bn for Jan 2025. European Union Imports: swda: EU 27E: United States: Total data is updated monthly, averaging 13.879 EUR bn from Jan 2002 (Median) to Feb 2025, with 278 observations. The data reached an all-time high of 33.183 EUR bn in Oct 2022 and a record low of 9.632 EUR bn in Aug 2003. European Union Imports: swda: EU 27E: United States: Total data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s European Union – Table EU.JA050: Eurostat: Trade Statistics: By SITC: European Union: United States.