They correspond to the statistical value, i.e. Investment 1  The United States exported $1.65 trillion in goods. The United States has a services trade surplus of an estimated $54.4 billion with the EU 27 in 2019, down 4.5 percent from 2018. For this reason data on trade with the United Kingdom are not fully comparable with data on trade with other extra-EU-27 trade partners. The largest deficit was held by the Netherlands (EUR 14 506 million), followed by Belgium (EUR … Figure 4 shows the exports, imports and trade balance between the EU and the United States from 2009 to 2019. That’s correct. China was the main partner for the EU due to an increase of imports (+3.4%) while exports remained almost unchanged. The bloc is deeply integrated into global markets both for the products it sources and the exports it sells. This common policy enables them to speak with one voice in trade negotiations, maximising their impact in such negotiations. Export dropped at a softer 3.1 percent to EUR 190.3 billion, as sales decreased for mineral fuels, lubricants & related materials (-43%); manufactured goods classified chiefly by material (-4.3%); machinery & transport equipment (-2.6%); and miscellaneous manufactured articles (-2.8%). Table reflects only those months for which there was trade. Therefore the United Kingdom is considered as an extra-EU partner country for the EU-27. The imports and exports of goods of the EU and the United States indexed at 100 in 2008 for the period to 2018 are shown in Figure 2. It also shows the cover ratio (exports / imports) for this period. Petroleum oils, crude had a ratio close to zero indicating almost all trade consisted of EU imports from the United States and hardly any EU exports to the United States. Imports to the EU were lowest in 2009 (77) and highest in 2018 (123). In practice this means that the goods imported by the EU-27 from the United Kingdom were physically transported from the United Kingdom but part of these goods could have been of other origin than the United Kingdom. The US goods trade deficit widened slightly to USD 80.42 billion in October 2020, from USD 79.36 billion in the previous month, revised data showed. The Trade Balance measures the difference in value between imported and exported goods and services over the reported period. This has been accompanied by a relatively low savings ratio and high levels of government and corporate debt. Because the 27 EU Member States share a single market and a single external border, they also have a single trade policy. La balance commerciale dun État  ou d'une autre zone géographique ou économique comme lUnion européenne ou la zone euro1  est lélément de comptabilité nationale qui répertorie et résume ses exportations et importations de biens, et de services marchands … Imports dropped 13.5 percent to EUR 141.6 billion, due to lower purchases of mineral fuels, lubricants & related materials (-41.7%); machinery & transport equipment (-9.5%); miscellaneous manufactured articles (-8.9%); chemicals & related products (-12.4%); manufactured goods classified chiefly by material (-8.7%); crude materials, inedible, except fuels (-18.8%); and food, drinks and tobacco (-7.8%). Capital goods comprise the largest portions of both U.S. exports and imports. Current Account Balance: Total Trade of Goods for Japan (DISCONTINUED) US Dollars, Sum Over Component Sub-periods, Quarterly, Seasonally Adjusted Q1 1985 to Q4 2013 (2017-04-13) There were five Member States that had a trade deficit with the United States. EU-the United States trade by type of goods, Trade with the United States by Member State, EU-27 - United States international trade in goods statistics - graphs and tables, Standard international trade classification (SITC), Full access to detailed statistics on international trade in goods (Comext), International trade in goods statistics - background, User guide on European statistics on international trade in goods, https://ec.europa.eu/eurostat/statistics-explained/index.php?title=USA-EU_-_international_trade_in_goods_statistics&oldid=483680. Both exports to and imports from the United States increased between 2009 and 2019. More detail about the goods exchanged between the EU and the United States is given in Figure 7, showing the 20 most traded goods at SITC-3 level. Exports from the EU were lowest in 2009 (83) and highest in 2018 (145). The trade in goods balance between the EU Member States and the United States is shown in Table 1c. 2020 : U.S. trade in goods with Poland . Statistics on extra-EU trade are calculated as the sum of trade of each of the 27 EU Member States with countries outside the EU. Definition of Current account balance. In 2019, the United States was the largest partner for EU exports of goods (18 %) and the second largest partner for EU imports of goods (12 %). We had a trade deficit with the EU of … Eurozone Consumer Morale Improves in December, Euro Area Current Account Surplus Rises in October, Eurozone Consumer Price Deflation Confirmed, Euro Area Construction Output Falls for 2nd Month, Eurozone Economy Close to Stabilizing in December, Eurozone Services Activity Shrinks Less than Forecast, Euro Area Factory Growth Highest in 2-1/2-Years, China Industrial Profits Rise 2.4% YoY in January-November, Turkish Business Sentiment Improves in December, US Stocks End Shortened Session in the Green, Egypt Keeps Rates Steady, Sets New Inflation Target. U.S. trade balance with the EU in 2015 as reported by each party Sources: European Union, U.S. Census Bureau The asymmetries have existed for … Information on commodities exported and imported is presented according to the Standard international trade classification (SITC). Based on 2019 data, goods contribute 66%, or $1.7 trillion, to U.S. exports. Goods Trade Balance in the United States averaged -21514.83 USD Million from 1955 until 2020, reaching an all time high of 1492.20 USD Million in June of 1975 and a record low of -83080 USD Million in August of 2020. This page provides the latest reported value for - Euro Area Balance of Trade - plus previous releases, … The Eurozone's trade surplus widened to EUR 24.8 billion in September 2020 from 18.4 billion in the corresponding month of the previous year and above market expectations of a EUR 22 billion surplus. This is even more important in a globalised world in which economies tend to cluster together in regional groups. The three largest exporters to the United States in the EU were Germany (EUR 119 397 million), Ireland (EUR 46 687 million) and Italy (EUR 45 584 million). Trade Balance The U.S. goods trade deficit with the EU 27 was $184.3 billion in 2019, a 5.8 percent increase ($10.1 billion) over 2018. Thanks to the ease of modern transport and communications, it is now easier to produce, buy and sell goods around the world which gives European companies of every size the potential to trade outside Europe. Trade relations between the U.S. and the European Union (EU) have hit another rough patch. Exports to the US in 2016 were worth £100 billion, more than twice as much as exports to any other country. It shows that 22 Member States had a trade surplus with the United States. Export fell 12.2% to EUR 156.3 billion, as sales went down for mineral fuels, lubricants & related materials (-41.3%); manufactured goods classified chiefly by material (-12.5%); machinery & transport equipment (-12.1%); miscellaneous manufactured articles (-12.9%); and crude materials, inedible, except fuels (-4.7%). The largest surplus was held by Germany (EUR 65 224 million), followed by Ireland (EUR 34 446 million) and Italy (EUR 28 585 million). The Trade Balance measures the difference in value between imported and exported goods and services over the reported period. As a consequence, while imports from any other extra-EU-27 trade partner are grouped by country of origin, the United Kingdom data reflect country of consignment. 2  The biggest categories were commercial aircraft, automobiles, and food. This article provides a picture of the international trade in goods between the European Union (EU) and the United States. Exports from the United States were lowest in 2009 (82) and highest in 2018 (129). But that doesn’t necessarily mean that “they need us more than we need them”, as it was often put during the referendum campaign. When a country has a surplus, it also has control over the majority of its currency in the global economy, which reduces the risk of falling currency value. In other words, the EU is considered as a single trading entity and trade flows are measured into and out of the area, but not within it. For the calculation of shares, the world trade is defined as the sum of EU trade with non-EU countries (source: Eurostat) plus the international trade of non-EU countries (source: UNCTAD). A eux trois, ils représentent près de la moitié (45%) du commerce international. L'Union européenne est aujourd'hui la première puissance commerciale du monde, devant la Chine et les Etats-Unis. The red shades denote the primary products: food & drink, raw materials and energy, while the blue shades show the manufactured goods: chemicals, machinery & vehicles and other manufactured goods. In 2019, the U.S. trade deficit in goods alone was $866 billion. Imports were $3.1 trillion and exports were only $2.5 trillion. Trade with the US recorded a significant drop in both imports (-13.0%) and exports (-10.2%). EU data is taken from Eurostat's COMEXT database. In 2019, EU imports of manufactured goods (80 %) also had a higher share than primary goods (17 %). For extra-EU trade, the statistical information is mainly provided by the traders on the basis of customs declarations. In 2019, the EU had trade surpluses in machinery & vehicles (EUR 63 billion), chemicals (EUR 50 billion), other manufactured products (EUR 39 billion), food & drink (EUR 12 billion) and other products (EUR 5 billion). Exports of goods record flows from an EA/EU Member State to a non-EA/EU country while imports record inwards flows. A full description is available from Eurostat’s classification server RAMON. Trade values are expressed in millions or billions (109) of euros. En … The balance of trade of the United States moved into substantial deficit from the late 1990s, especially with China and other Asian countries. The US is the country from which the UK earns the most through trade. The partner is the country of final destination of the goods for exports and the country of origin for imports. The EU-27 data reflect the political change in the EU composition. There were 24 Member States that had a trade deficit with China. Balance commerciale - Liste des pays - Valeurs actuelles, les valeurs précédentes, prévisions, statistiques et graphiques.Europe -Balance commerciale - Liste des pays - Valeurs actuelles, les valeurs précédentes, prévisions, statistiques et graphiques. There were five Member States that had a trade deficit with the United States. Les valeurs actuelles, des données historiques, des prévisions, des statistiques, des tableaux et le calendrier économique - États-Unis - Balance commerciale. The three largest importers from the United States in the EU were Germany (EUR 54 173 million), the Netherlands (EUR 43 982 million) and France (EUR 31 956 million). The 2019 U.S. trade balance is negative, showing a deficit of $617 billion. Euro area is a net importer of energy and raw materials. Debate continues over the causes and impacts of this trade deficit, and the nature of any measures required in response. The EU had trade deficits in raw materials (EUR 5 billion) and energy (EUR 11 billion). A positive number indicates … US trade balance from 1960. The most traded product group at this level was medicinal and pharmaceutical products. The United States (EUR 1 412 billion, 10 %) was the third largest exporter in the world, preceded by China (EUR 2 107 billion, 16 %) and the EU-27 (EUR 2 060 billion, 15 %) and followed by Japan (EUR 626 billion, 5 %) and South Korea (EUR 513 billion, 4 %). The United States exports more services than it imports. EU and the United States in world trade in goods. 2020 : U.S. trade in goods with European Union . COMEXT is the reference database for international trade in goods. The cover ratio for the EU was lowest in 2008 (91 %) and highest in 2016 (116 %) and was 108 % in 2018. The Trump administration is threatening to impose additional duties … This article is part of an online publication providing recent statistics on international trade in goods, covering information on the EU's main partners, main products traded, specific characteristics of trade as well as background information. The largest deficit was held by the Netherlands (EUR 14 506 million), followed by Belgium (EUR 3 995 million) and Luxembourg (EUR 279 million). The US trade deficit widened to USD 63.1 Billion in October of 2020 from a revised USD 62.1 billion in the previous month and compared to market expectations of USD 64.8 billion. Data for the non EU-27 countries used in figures 1-3 are taken from the UNCTAD database of the United Nations. The United States has a services trade surplus of an estimated $16 billion with United Kingdom in 2019, down 12.3% from 2018. 1999-2020 Data | 2021-2022 Forecast | Calendar. The most imported manufactured goods were machinery & vehicles (40 %), followed by chemicals (23 %) and other manufactured products (17 %). Details may not equal totals due to rounding. Exports are expressed in value terms and measured free on board (FOB), while imports are expressed in value terms and measured "cost, insurance, freight" (CIF ). International trade aggregated and detailed statistics disseminated via the Eurostat website are compiled from COMEXT data according to a monthly process. Finally, other goods are shown in green. Direct access to our calendar releases and historical data. Figure 6 shows the evolution of EU imports and exports by SITC group since 2009. Nine products were above 200 %, indicating EU exports to the United States were at least twice as large as EU imports from the United States. Ireland (49.1 %) had the highest share for the United States in its extra-EU exports. Main trading partners are the United Kingdom (12 percent of total exports and 10 percent of imports) and the United States (13 percent of exports and 6 percent of imports). This is known as ‘special trade’. It analyses the type of goods exchanged between the two economies and the shares of each EU Member State in those exchanges. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. On parle aussi de solde commercial. The largest surplus was held by Germany (EUR 19 511 million), followed by Ireland (EUR 5 061 million) and Finland (EUR 1 252 million). These top 20 goods covered 64 % of total trade in goods in 2019. Euro zone trade balance 26.5B vs. 22.5B forecast By Investing.com - Nov 15, 2016. Table 1b shows the exports of goods to the United States by Member State. Germany, Italy, France and Netherlands account for the largest share of total trade. It was the second largest partner for EU imports of goods (12 %), preceded by China (19 %) and followed by the United Kingdom (10 %), Russia (7 %) and Switzerland (6 %). Time. EU imports from the United States were highest in 2019 (EUR 232 billion) and lowest in 2009 (EUR 127 billion). The International trade balance indicator is the difference between exports and imports of goods. Graph and download economic data for Trade Balance: Goods and Services, Balance of Payments Basis (BOPGSTB) from Jan 1992 to Oct 2020 about balance, BOP, headline figure, trade, services, goods, and USA. There are other ways to look at this. The breakdown of EU trade with the United States by SITC groups is shown in Figure 5. The United States (EUR 2 214 billion, 16 %) was the largest importer in the world, followed by the EU-27 (EUR 1 908 billion, 14 %), China (EUR 1 810 billion, 13 %), Japan (EUR 634 billion, 5 %) and the United Kingdom (EUR 571 billion, 4 %). Trade with the US recorded a significant drop in both imports (-13.0%) and exports (-10.2%). It shows that three Member States had a trade surplus with China. Ireland (22.5 %) had the highest share for the United States in its extra-EU imports. EU data are compiled according to Community guidelines and may, therefore, differ from national data published by the Member States. Trade is an important indicator of Europe’s prosperity and place in the world. It shows that 22 Member States had a trade surplus with the United States. This page was last modified on 28 May 2020, at 11:56. It provides access not only to both recent and historical data from the EU Member States but also to statistics of a significant number of third countries. Details may not equal totals due to rounding. Exports tumbled 9% to EUR 199.3 billion, due to mineral fuels, lubricants & related materials (-38.3%); machinery & transport equipment (-9.8%) and manufactured goods classified chiefly by material (-7.7%). Latest monthly trade figures for EU and Euro area with Extra-EU Balance of Trade in the Euro Area averaged 7117.17 EUR Million from 1999 until 2020, reaching an all time high of 30614.30 EUR Million in July of 2015 and a record low of -16418.80 EUR Million in January of 2011. Data are collected by the competent national authorities of the Member States and compiled according to a harmonised methodology established by EU regulations before transmission to Eurostat. Among EU Member States, Germany was both the largest importer of goods from and the largest exporter of goods to the United States. Trade in the balance: Europe's new Union Customs Code From cutting-edge California mobile devices and Chinese manufactured products sold throughout Europe to French luxury items and German automobiles exported around the world, companies that can move their goods efficiently and cost-effectively across the European Union (EU)'s borders gain advantages in time and money. A positive number indicates … EU Member States speak and negotiate collectively, both in the World Trade Organization, where the rules of international trade are agreed and enforced, and with individual trading partners. The Eurozone's trade surplus widened to EUR 30 billion in October 2020 from EUR 27.2 billion in the corresponding month of the previous year. The U.S. trade deficit in goods and services was $616.8 billion in 2019. In 2019, EU exports of manufactured goods (88 %) had a higher share than primary goods (9 %). La balance commerciale est la différence, en termes de valeur monétaire, entre les exportations et les importations de biens ou de biens et services (dépend du pays) dans une économie sur une période donnée. Imports declined at a faster 11.7% to EUR 169.3 billion, due to mineral fuels, lubricants & related materials (-37.9%); beverages and tobacco (-13.7%) and machinery & transport equipment (-12.3%). A positive balance of trade or trade surplus is favorable, as it indicates a net inflow of capital from foreign markets into the domestic economy. Trade Balance. EU exports to the United States were highest in 2019 (EUR 384 billion) and lowest in 2009 (EUR 169 billion).