Quote:
Originally Posted by Choker
Any idea what percentage of the US exports go to the EU?
|
If you think that this percentage is low, you are wrong:
Some stats for you:
1. The EU is the largest trading partner of the US with $319.6 billion worth of EU goods going to the US and $239.8 billion of US goods going to the EU as of 2010, totaling approximately $559.4 billion in total trade. (2010 stats)
2. The EU and the US enjoy the most integrated economic relationship in the world, illustrated by unrivalled levels of mutual investment stocks, reaching over ?2.1 trillion.
Total US investment in the EU is three times higher than in all of Asia and EU investment in the US is around eight times the amount of EU investment in India and China together.
Investments are thus the real driver of the transatlantic relationship, contributing to growth and jobs on both sides of the Atlantic.
This can also be illustrated with approximately 15 million jobs linked to the transatlantic economy. It is estimated that a third of the trade across the Atlantic actually consists of intra-company transfers. (2009 stats)
As you can see, it's much more than a few billion.