EU-US trade relations in 2025 were marked by frequent changes in tariffs on a variety of goods. Nevertheless, the value of total trade continued to grow compared to previous years and it reached an all-time high of €908 billion in goods and €827 billion in services. The EU's trade balance showed a record surplus of €200 billion in goods, and a record deficit of €139 billion in services. The US remains the EU's most important trade partner, with a share of 17.6 % of EU total trade with the world. Similarly, the EU ranks first on the list of the US's main trade partners, with a share of 18.7 %, slightly higher than in 2024. Source : © European Union, 2026 - EP Read more