EU-USA Trade - Did you know ?

Did you know …

• EU and U.S.-based companies account for nearly two-thirds (65 percent) of the top R&D companies worldwide.  (Source: Transatlantic Economy 2014)

• EU-U.S. trade climbed to $787 billion in 2013, double the level of 2000. (Source: Transatlantic Economy 2014)

• The transatlantic economy generates close to $5 trillion in total commercial sales a year and employs up to 15 million workers in mutually “onshored” jobs on both sides of the Atlantic. (Source: Transatlantic Economy 2014)

• The transatlantic economy is the largest and wealthiest market in the world, accounting for over 50 percent of world GDP in terms of value and 40 percent in terms of purchasing power. (Source: Transatlantic Economy 2014)

• The U.S. and Europe are each other’s primary source and destination for foreign direct investment, together accounting for 56.7 percent of the inward stock of foreign direct investment (FDI), and a whopping 71 percent of outward stock of FDI. (Source: Transatlantic Economy 2014)

• U.S. investment in the Netherlands since 2000 was 14 times more than US investment in China during the same period. US investment in the UK was more than 10 times more, and in Ireland nearly six times more, than in China. (Source: Transatlantic Economy 2014)

• Eliminating or harmonizing just one-quarter of current non-tariff barriers in bilateral trade could boost a combined EU and US GDP by $106 billion. (Source: Transatlantic Economy 2014)

• According to a 2013 study, gains from a free trade agreement between the EU and U.S. could add up to a €210 billion (approximately $273 billion) boost to the two economies. (Source: Center for European Policy Research)

• The EU and US together contributed over $120 billion in official development assistance in 2012.  (Sources: OECD, USAID,EuropeAid)

• As of January 2011, nearly 1.7 million refugees from around the world call the US or an EU Member State home. (Source: Office of the United Nations High Commissioner for Refugees)

• In 2011/12, more than 168,000 students from the US and EU studied abroad on the other side of the Atlantic. (Source:Institute of International Education)

• More than 11 million EU tourists traveled to the US in 2012. (Source: US Department of Commerce, International Trade Administration) ---------------------------------------------------
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