Michał Szczerba· PPE

Nuanced

Every day, USD 4.5 billion worth of goods and services are traded between the EU and the US.

Omissions

• The official EU figure is EUR 4.4 billion per day, not USD. The USD conversion depends on exchange rate assumptions (the claim uses approximately 1.02-1.03 EUR/USD rate).
• Data refers to 2023, which is the most recent complete year available before the claim date (2026-03-26).
• The European Commission is the primary source for this trade statistic.
• The USD figure varies between sources: European Commission sources cite EUR 4.4 billion (approximately USD 4.7-5.0 billion at 2023-2024 exchange rates), while the MEP uses a more conservative USD 4.5 billion conversion.

Sources

• PrimaryEuropean Commission - EU Trade Relations with United StatesEU-US trade in goods and services reached EUR 1.6 trillion in 2023, meaning EUR 4.4 billion worth of goods and services cross every day
• SecondaryReuters - EU sets out possible 95-billion-euro response to US tariffs1.6 trillion euros ($1.8 trillion) in U.S.-EU annual trade, which sees some 4.4 billion euros in goods and services crossing daily
• SecondaryFox Business - European Central Bank rate cuts4.4 billion euros ($5 billion) in goods and services crossing the Atlantic every day