Olan McEvoy
Research expert covering the European Union for society, economy, and politics.
Get in touch with us nowThe 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.
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Overview of EU International Trade
Balance of Trade
Exports
Imports
Bilateral Trade