Taken together, the economies of both territories account for one third of global trade in goods and services and close to one third of world GDP in terms of purchasing power.
The transatlantic relationship is a key artery of the world economy. Either the EU or the US is the largest trade and investment partner of almost every other country in the global economy. Taken together, the economies of both territories account for one third of global trade in goods and services and close to one third of world GDP in terms of purchasing power.