The United States remains the European Union’s top trading partner, with a 15.2% share of total EU trade. In 2014, the US was the EU’s top export market, worth €310 766 million in exports, and the second EU import market, accounting for €204 802 million. Of the firms exporting to the US, 88% were reported to be small and medium-sized enterprises (SMEs), and 10 million European jobs depend on those exports. While TTIP would only be the US’s third biggest FTA market for trade in goods, TTIP would represent its biggest market for services and investments.
EU trade with the US in goods and services and FDI stocks
European Parliamentary Research Service
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