Although overtaken by China in 2020 as the largest trading partner specifically for goods, when services and investment are taken into account, the US remains the EU’s largest trading partner by far.
The European Union and the United States have the largest bilateral trade and investment relationship and enjoy the most integrated economic relationship in the world. Although overtaken by China in 2020 as the largest trading partner specifically for goods, when services and investment are taken into account, the US remains the EU’s largest trading partner by far.