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.
Monthly goods trade balance of the European Union with the United States of America from 2012 to 2022
The European Union includes all 27 member states of the EU as of 2024. Countries who joined the EU during the time period are considered as members of the EU for the entire period included, including the years before they joined. The United Kingdom, which was a member of the EU until 2020, is not included.
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Eurostat. (March 18, 2024). Monthly goods trade balance of the European Union with the United States of America from 2012 to 2022 [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1460722/european-union-united-states-trade-balance/
Eurostat. "Monthly goods trade balance of the European Union with the United States of America from 2012 to 2022." Chart. March 18, 2024. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1460722/european-union-united-states-trade-balance/
Eurostat. (2024). Monthly goods trade balance of the European Union with the United States of America from 2012 to 2022. Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1460722/european-union-united-states-trade-balance/
Eurostat. "Monthly Goods Trade Balance of The European Union with The United States of America from 2012 to 2022." Statista, Statista Inc., 18 Mar 2024, https://www.statista.com/statistics/1460722/european-union-united-states-trade-balance/
Eurostat, Monthly goods trade balance of the European Union with the United States of America from 2012 to 2022 Statista, https://www.statista.com/statistics/1460722/european-union-united-states-trade-balance/ (last visited November 23, 2024)
Monthly goods trade balance of the European Union with the United States of America from 2012 to 2022 [Graph], Eurostat, March 18, 2024. [Online]. Available: https://www.statista.com/statistics/1460722/european-union-united-states-trade-balance/
