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 recorded a trade surplus of 12102.50 EUR Million in July of 2025. This dataset provides the latest reported value for - European Union Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The European Union went from consistently running a trade surplus since 2012, to running a trade deficit worth almost 436.1 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 surplus in 2023, when it recorded a surplus of almost 34.4 billion euros. In 2024, the EU is projected to run a trade surplus of approximately 146.2 billion euros.

View quarterly updates and historical trends for US Trade Balance on Services with European Union. from United States. Source: Bureau of Economic Analysis…

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.

This dataset provides values for BALANCE OF TRADE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

The United States recorded a trade deficit of 78.31 USD Billion in July of 2025. This dataset provides the latest reported value for - United States Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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

Euro Area recorded a trade surplus of 12361.70 EUR Million in July of 2025. This dataset provides the latest reported value for - Euro Area Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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.

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.

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.

View quarterly updates and historical trends for US Trade Balance on Goods with Europe. from United States. Source: Bureau of Economic Analysis. Track eco…

With most European Union (EU) countries, Ukraine had a negative trade balance, or trade deficit. The highest trade deficit was recorded for Germany, at ************* U.S. dollars, in 2023. Ukraine's highest trade surplus was with Romania, as the value of exports to that country exceeded the value of imports from it by around *** billion U.S. dollars.

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 September 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.

The U.S. goods trade deficit with China increased by nearly ** billion U.S. dollars in 2024, as China still had the biggest impact on U.S. bilateral trade. This is according to seasonally adjusted trade date from within the United States. Following the results of the U.S. elections in 2024, discussions surfaced on the potential of tariffs for countries that have a large trade surplus with the United States. The president-elect stated that trade tariffs of ** percent and ** percent might be implemented for goods from China or Mexico, respectively. The effects of such measures on the forecast GDP growth across the world were not yet clear. In Europe, however, Germany might be the most affected economy when the U.S. does implement tariffs.

US: Trade Balance: Emerging and Developing Economies: Europe: Emerging and Developing Europe: Bulgaria data was reported at -163.853 USD mn in Mar 2018. This records a decrease from the previous number of -65.807 USD mn for Dec 2017. US: Trade Balance: Emerging and Developing Economies: Europe: Emerging and Developing Europe: Bulgaria data is updated quarterly, averaging -1.150 USD mn from Mar 1961 (Median) to Mar 2018, with 214 observations. The data reached an all-time high of 74.300 USD mn in Jun 1981 and a record low of -163.853 USD mn in Mar 2018. US: Trade Balance: Emerging and Developing Economies: Europe: Emerging and Developing Europe: Bulgaria 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 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.

The average for 2023 based on 27 countries was 25.85 billion U.S. dollars. The highest value was in Ireland: 181.48 billion U.S. dollars and the lowest value was in France: -43.85 billion U.S. dollars. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.

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 September 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.