RE: Just an observation6 Nov 2024 11:58
The United States exports a variety of goods and services to the European Union (EU), including:
Oil and gas: In 2022, the US exported $64.55 billion worth of oil and gas to the EU
Pharmaceuticals and medicines: In 2022, the US exported $51.72 billion worth of pharmaceuticals and medicines to the EU
Aerospace products and parts: In 2022, the US exported $35.30 billion worth of aerospace products and parts to the EU
Medical equipment and supplies: In 2022, the US exported $17.44 billion worth of medical equipment and supplies to the EU
Professional and management services: In 2022, the US exported services in this sector to the EU
Intellectual property: In 2022, the US exported services in this sector to the EU
Financial services: In 2022, the US exported services in this sector to the EU
In 2022, the US exported $592 billion in goods and services to the EU, accounting for 17% of all US exports. The US had a trade deficit with the EU of $131.3 billion in 2022.
The EU and the US have a renewed partnership that focuses on trade, green growth, global health challenges, and democratic values.