Trade in goods with the United States in 2024

In 2024, the EU exported €531.6 billion in goods to the United States and imported €333.4 billion, resulting in a €198.2 billion trade surplus. Compared with 2023, exports increased by 5.5%, while imports declined by 4.0%.

EU trade in goods with the United States, 2014-2024, € billion. Chart. See link to the full dataset below.

Source dataset: ds-059331

Key goods: medical and pharmaceutical products for exports, petroleum for imports

When looking into the breakdown according to the Standard International Trade Classification (SITC) divisions, the top 5 most exported divisions in 2024 made up half (49.5%) of all exports to the United States. These were medicinal and pharmaceutical products (22.5%), road vehicles (9.6%), general industrial machinery and equipment (6.4%), electrical machinery, appliances and electrical parts (6.0%) and machinery specialized for particular industries (5.0%).

Most traded goods between EU and the United States, 2024, top 5 product groups, % of all traded goods. Chart. See link to the full dataset below.

Source dataset: ds-059331

Similarly, for imports, the top 5 divisions accounted for 50.4% of all imported goods. These were petroleum, petroleum products and related materials (16.1%), medicinal and pharmaceutical products (13.8%), power-generating machinery and equipment (9.2%), gas, natural and manufactured (5.8%) and other transport equipment (5.5%).

Source: Eurostat, https://ec.europa.eu/eurostat/product?code=ddn-20250311-1