Source: Council of the European Union (video statements)
The EU and US have the most integrated economic relationship in the world—trading more than €4.4 billion in goods and services every single day.
Trade in 2023: €1.6 trillion in total
Who exports more?
– The EU sells more goods to the US.
– The US sells more services to the EU.
Together, we make up 30% of global trade!
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To find out more, visit the Council’s web explainer on EU-US trade :
https://www.consilium.europa.eu/en/infographics/eu-us-trade/
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Timestamps:
00:00 Introduction: The EU-US Trade Relationship
00:16 Total Trade Volume in 2023
00:28 Trading Goods
00:39 Trade doubled the last 10 years
00:51 What Exactly Do We Trade?
01:12 Goods and services
01:48 The Bigger Picture: EU & US Lead Global Trade
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