European Union

While the United States had a $16 billion agricultural trade surplus with the rest of the world in 2015, it ran a record $12 billion trade deficit in farm and food products with the European Union (EU), up 15 percent from 2014. Thanks to strong American demand for the EU’s high-value products, and a relatively open market, the United States imported a record $25 billion in food and agricultural products from Europe in 2015. Meanwhile, U.S. exports to the EU declined four percent to just under $13 billion, largely as a result of low commodity prices and the strength of the U.S. dollar.

The Transatlantic Trade and Investment Partnership (T-TIP) negotiations, launched by the United States and the EU in June 2013, provide an opportunity for the United States to correct these imbalances. Tariff reductions in the EU could put U.S. exports on a more level playing field with other suppliers. Discussions related to regulatory barriers, in particular unjustified health and safety measures, could provide new access for U.S. exports. The T-TIP would also improve opportunities for EU exports, benefitting producers and consumers in both regions.

Data & Analysis

September 23, 2016
This biannual report includes data on U.S. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade in raisins.
September 22, 2016
In the last decade, tree nut shipments from the United States to the EU-28 have doubled, reaching a record $2.98 billion in 2015, of which $1.8 billion were almonds.
September 16, 2016
This annual report, generally published in September, includes data on U.S. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade...
September 16, 2016
The EU-28 broiler sector is expected to grow in 2016 and 2017, benefiting from slowly increasing demand, since it has been less affected than other meats by the economic downturn in Europe.