The total value of imports into the United States sold by the European Union grew by 4.7% since 2023 when America’s purchases from the EU were valued at $589.9 billion.
Buyers in America exported $371.1 billion worth of products to the European Union in 2024. That dollar amount equals 60.1% versus total US spending on commodities imported from the European Union. Just one year prior, that percentage was 62.7%.
US exports to the EU slowed to a 0.4% gain versus $369.8 billion in American export sales to the European Union for 2023.
At year-end 2024, the United States incurred a -$246.8 billion trade deficit importing and exporting with the EU. One year earlier, America’s trade deficit with the European Union was considerably lower at -$220.1 billion.
EU is an Economic Powerhouse
The European Union is comprised of 27 member states led by Germany, France, Italy, Spain, Poland, Romania, Netherlands and Belgium.
Adopting a worldwide perspective, the European Union ranks as the world’s leading exporter generating $6.795 trillion or 28.7% of total export sales for all countries in the prior year 2023. The latter export metric amounted to $23.652 trillion.
The EU’s percentage of global export revenues is almost twice the total recorded by exporters in China (15.1%), and easily surpasses export sales for the United States of America (8.7%).
The European Union is also a significant international customer. The EU imported $6.543 trillion worth of products during 2024 or 27.3% of $23.968 trillion in worldwide imports one year prior.
Highlighted below are the 100 most valuable imports and exports exchanged by the United States and the European Union during 2024.
This research is based on the detailed four-digit Harmonized Tariff System code level.
Information in this article is presented in two searchable document databases for the top 100 trade products between the two countries.
Top US Imports from the European Union
The following document database highlights the 100 most valuable goods that America imported from the European Union in 2024.
The showcased 100 import products represent US$456.4 billion in American spending in 2024 or 73.9% of US spending on all imports from the European Union for the year.
Imports into the United States from the European Union equaled 18.4% of overall US imports from around the world in 2024, down from 18.6% in 2023.
Fastest-growing US imports from the European Union from 2023 to 2024 were hormones and miscellaneous steroids (up 87.7% from 2023), olive oil (up 50.5%), aircraft or spacecraft (up 44.2%), machinery for making semi-conductors (up 39.7%) then radioactive chemical elements (up 30.4%).
Decliners impacting America’s spending on imported goods from the European Union at the greatest pace were led by the EU’s shipments of unwrought platinum (down -40.3% from 2023), iron or steel tubes and pipes (down -38.9%), biodiesel (down -33.7%), unmounted diamonds (down -30.1%), heterocyclics and nucleic acids (down -26.2%), hand-drawn paintings and drawings (down -25.6%), then tractors (down -25.3%).
Top US Exports to the European Union
The following document database focuses on the 100 leading products that American exporters sold to buyers located in the European Union in 2024.
The itemized 100 US export products represent US$271.4 billion in American sales to the European Union in 2024 or 73.1% of total US exports into the European Union as measured by dollar value.
Exports from the United States to the European Union equaled 18% of all US exported products sold around the world in 2024. That percentage trails the 18.3% recorded for 2023.
The greatest increases among the top 100 US exports to buyers in the European Union from 2023 to 2024 are attributed to radioactive chemical elements (up 176.5%), armored vehicles and tanks (up 81.2%), photographic plates and films (up 67.3%), hormones and miscellaneous steroids (up 57.4%), computer parts or accessories (up 51.1%), alcoholic beverages including spirts and liqueurs (up 37.6%), then processed petroleum oils (up 36.8%).
The severest declines among America’s sales of exported goods to the European Union were recorded for shrinking EU spending on tractors (down -40.2% from 2023), heterocyclics and nucleic acids (down -37.8%), harvesting or threshing machinery (down -37.1%), molybdenum ores and concentrates (down -33.8%), soya beans (down -32.8%), solar power diodes or semi-conductors (down -31.8%), unwrought platinum (down -28.5%), coal including solid fuels made from coal (down -24.9%), electronic integrated circuits and microassemblies (down -24.7%), then petroleum gases (down -23.6%).
See also European Union’s Top Exports, United States Top Exports, Top EU Import Countries and United States Top Imports
Research Sources:
International Monetary Fund, World Economic Outlook Database (GDP based on Purchasing Power Parity). Accessed on April 12, 2025
Trade Map, International Trade Centre. Accessed on April 12, 2025