The EU-US trade relationship is the largest in the world.
Foreign AffairsInternational
- Omissions
- The claim treats the EU as a single trading entity, which is standard in trade policy discourse but differs from country-to-country comparisons. On a country-to-country basis, US-China is the largest bilateral trade relationship.
- The MEP did not specify the metric (goods only, or goods and services combined). The EU-US relationship is the largest when goods and services are combined; for goods alone, the ranking may differ.
- Some official sources describe it as the largest bilateral 'trade and investment' relationship, adding the investment dimension to the claim.
- Sources
- PrimaryCouncil of the EU / ConsiliumIn 2025, transatlantic trade in goods and services reached over €1.77 trillion (provisional data). Both the EU and US are top trading partners in goods for each other.
- PrimaryUnited States Trade RepresentativeU.S. goods and services trade with European Union totaled an estimated $1.5 trillion in 2024. By comparison, U.S. goods and services trade with China totaled an estimated $658.9 billion in 2024.
- SecondaryEU Agenda / European CommissionThe European Union and the United States have the world's largest bilateral trade and investment relationship and enjoy the most integrated economic relationship in the world.