Trade in goods between the European Union and the United States reached a record €875
billion in 2025 despite tariffs, but the headline figure masks significant economic damage
across sectors, according to a study by the German Economic Institute.
EU exports to the US rose 7.7 per cent to €580 billion while US imports into the EU climbed 2.2 per cent to €295 billion, pushing the EU trade surplus to nearly €285 billion. However, EU car and parts exports to the US fell 20.4 per cent, with Germany posting an 18.9 per cent drop. The increase was partly driven by front-loading of exports ahead of tariffs that took effect in April. Transatlantic services trade also hit a record €865 billion, though the EU ran a €178 billion deficit in that category. The IW study warned that new tariff threats would cause uncertainty that only hampers business on both sides of the Atlantic.
Source: German Economic Institute (IW)
