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 200 million euros a month, the monthly trade balance in the most recent period recorded was over 12 billion euros. Both exports and imports have increased over this period, with a particularly notable uptick following the coronavirus pandemic.

The United States is the European Union's biggest trading partner as of 2023, with the total value of trade between the EU and the North American country exceeding ****billion dollars. China was the EU's second-largest trading partner, however, in contrast to the substantial trade surplus that the EU has with the United States, the EU has a large trade deficit with China. In 2022, the EU imported *** billion euros worth of goods from China than it exported to the East Asian country. Other prominent trade partners included the UK, Switzerland, and Turkey.

The European Union went from consistently running a trade surplus since 2012, to running a trade deficit worth almost 430 billion euros in 2022. This sudden surge in the bloc's deficit was largely caused by a more than doubling of the cost of fuel imports due to Russia's invasion of Ukraine and the EU's subsequent boycott of Russian energy exports. While in theory the EU's trade balance should only reflect its trade with countries outside of the union, as internal EU exports and imports should balance out, due to accounting irregularities the EU in practice runs a trade surplus with itself in most years. Following the substantial trade deficit opened up in 2022, the EU returned to running a trade suplus in 2023, when it recorded a suplus of almost 38 billion euros.

US: Trade Balance: Emerging and Developing Economies: Europe: Emerging and Developing Europe: Croatia data was reported at 49.037 USD mn in Mar 2018. This records an increase from the previous number of -17.693 USD mn for Dec 2017. US: Trade Balance: Emerging and Developing Economies: Europe: Emerging and Developing Europe: Croatia data is updated quarterly, averaging -9.900 USD mn from Mar 1993 (Median) to Mar 2018, with 101 observations. The data reached an all-time high of 63.400 USD mn in Dec 2003 and a record low of -81.000 USD mn in Dec 2005. US: Trade Balance: Emerging and Developing Economies: Europe: Emerging and Developing Europe: Croatia data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s USA – Table US.IMF.DOT: Trade Balance: by Country: Quarterly.

European Union Trade Balance: swda: EU 27E: America: Manufactured Gds data was reported at 3.498 EUR bn in Jan 2025. This records a decrease from the previous number of 4.023 EUR bn for Dec 2024. European Union Trade Balance: swda: EU 27E: America: Manufactured Gds data is updated monthly, averaging 1.784 EUR bn from Jan 2002 (Median) to Jan 2025, with 277 observations. The data reached an all-time high of 4.173 EUR bn in Sep 2022 and a record low of 0.500 EUR bn in May 2007. European Union Trade Balance: swda: EU 27E: America: Manufactured Gds data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s European Union – Table EU.JA026: Eurostat: Trade Statistics: By SITC: European Union: America.

The balance of trade of EU member states for intra-EU trade shows us which states are the exporters and which states are the importers throughout the union. Over the period since 2002, France has consistently been the country which runs the largest trade deficit (when imports are greater than exports) with the rest of the EU, while the Netherlands has consistently run the largest trade surplus (exports greater than imports). The two most significant shifts that have occurred over this period has been the transformation of Germany from an exporter to an importer (although this only applies within the EU) and the rise of Belgium, Poland, and Czechia as export powers.

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 - Extra-EU trade: Trade balance in partnership with United States was EUR150624.70 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: Trade balance in partnership with United States - last updated from the EUROSTAT on June of 2025. Historically, European Union - Extra-EU trade: Trade balance in partnership with United States reached a record high of EUR166014.10 Million in December of 2021 and a record low of EUR60864.60 Million in December of 2010.

The European Union's total Imports in 2024 were valued at US$2.64 Trillion, according to the United Nations COMTRADE database on international trade. The European Union's main import partners were: China, the United States and the United Kingdom. The top three import commodities were: Mineral fuels, oils, distillation products; Electrical, electronic equipment and Machinery, nuclear reactors, boilers. Total Exports were valued at US$2.80 Trillion. In 2024, The European Union had a trade surplus of US$159.68 Billion.

Trade Balance: EU 27E: United States: Other Manufactured Products data was reported at 5.255 EUR bn in Feb 2025. This records an increase from the previous number of 4.277 EUR bn for Jan 2025. Trade Balance: EU 27E: United States: Other Manufactured Products data is updated monthly, averaging 2.197 EUR bn from Jan 2002 (Median) to Feb 2025, with 278 observations. The data reached an all-time high of 5.885 EUR bn in Jul 2022 and a record low of 0.731 EUR bn in Jan 2009. Trade Balance: EU 27E: United States: Other Manufactured Products 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.

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. 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. 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.

Trade Balance: EU 27E: United States: Chemicals & RelProducts, nes data was reported at 14.941 EUR bn in Feb 2025. This records an increase from the previous number of 12.449 EUR bn for Jan 2025. Trade Balance: EU 27E: United States: Chemicals & RelProducts, nes data is updated monthly, averaging 1.597 EUR bn from Jan 2002 (Median) to Feb 2025, with 278 observations. The data reached an all-time high of 14.941 EUR bn in Feb 2025 and a record low of 0.572 EUR bn in May 2013. Trade Balance: EU 27E: United States: Chemicals & RelProducts, 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 US: Trade Balance: European Union data was reported at -13.342 USD bn in May 2018. This records an increase from the previous number of -14.592 USD bn for Apr 2018. United States US: Trade Balance: European Union data is updated monthly, averaging -750.356 USD mn from Jan 1960 (Median) to May 2018, with 701 observations. The data reached an all-time high of 2.568 USD bn in Mar 1991 and a record low of -15.759 USD bn in Dec 2017. United States US: Trade Balance: European Union data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s USA – Table US.IMF.DOT: Trade Balance: by Country: Monthly.

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 47.7 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 83.9 billion British pounds worth of such equipment.

US: Trade Balance: Emerging and Developing Economies: Europe: CIS data was reported at -2.984 USD bn in Mar 2018. This records a decrease from the previous number of -2.149 USD bn for Dec 2017. US: Trade Balance: Emerging and Developing Economies: Europe: CIS data is updated quarterly, averaging 2.000 USD mn from Mar 1960 (Median) to Mar 2018, with 233 observations. The data reached an all-time high of 1.241 USD bn in Mar 1989 and a record low of -8.717 USD bn in Sep 2008. US: Trade Balance: Emerging and Developing Economies: Europe: CIS data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s USA – Table US.IMF.DOT: Trade Balance: by Country: Quarterly.

The United Kingdom recorded a trade deficit of 3696 GBP Million in March of 2025. This dataset provides - United Kingdom Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The United States' total Imports in 2024 were valued at US$3.36 Trillion, according to the United Nations COMTRADE database on international trade. The United States' main import partners were: Mexico, China and Canada. The top three import commodities were: Machinery, nuclear reactors, boilers; Electrical, electronic equipment and Vehicles other than railway, tramway. Total Exports were valued at US$2.06 Trillion. In 2024, The United States had a trade deficit of US$1.29 Trillion.

As of 2024, the United States had a trade deficit of about 918 billion U.S. dollars. The U.S. trade deficit has increased since 2009, peaking in 2022. Most recently, 2023 marked the year when the U.S. trade deficit decreased from the previous year. What is trade deficit? A trade deficit is, quite simply, the total value of a country’s imports of goods and services minus the total value of its exports of goods and services. When a country exports more than it imports, it has a trade surplus, and when it imports more than it exports, it has a trade deficit. A trade deficit can mean one of two things: Either the country is failing to produce enough goods for its citizens, or its citizens are wealthy enough to purchase more goods than the country produces (as is the case with the United States). Trading partners The United States’ top export partners are its closest neighbors, Canada and Mexico, due in part to the North American Free Trade Agreement (NAFTA), which, pending ratification, will be replaced by the United States-Mexico-Canada Agreement (USMCA). Regarding imports to the U.S., China takes the top spot, followed by Mexico and Canada.

Trade Balance: EU 27E: America: Manufactured Gds data was reported at 3.806 EUR bn in Feb 2025. This records an increase from the previous number of 3.019 EUR bn for Jan 2025. Trade Balance: EU 27E: America: Manufactured Gds data is updated monthly, averaging 1.738 EUR bn from Jan 2002 (Median) to Feb 2025, with 278 observations. The data reached an all-time high of 4.185 EUR bn in Jun 2022 and a record low of 0.265 EUR bn in Jan 2007. Trade Balance: EU 27E: America: Manufactured Gds data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s European Union – Table EU.JA026: Eurostat: Trade Statistics: By SITC: European Union: America.

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 May 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.