The trade rate between the two countries has been at a steady rate of 1.3 trillion worth of goods and services because of the cooperation and partnership of trade management authorities of the United States and the European Union. The increasing growth rate of the bilateral trade relationship has accounted for a total aggregate share of 38% of the total global merchandise trade.

These largest economies of the world have been trading products like agricultural goods to textiles and machinery according to the analysis of the USA Customs Data. From a staggering trade rate of 1.9 trillion US dollars in 2020 the bilateral trade value in 2023 has attained a value of 2.5 trillion US dollars.

Top 10 Exports of the United States to the European Union in 2023

The USA Export Data has enlisted the fact that the export trade value of the products exported from the United States to the European Union in 2023 has recorded an export trade rate of 520 billion US dollars. The leading exports of the nation with the export trade value are,

1. Aircraft and Aircraft Parts – Export trade values of aircraft and aircraft parts from the United States in 2023 – 76 billion US dollars.

2. Pharmaceuticals – Export trade values of Pharmaceuticals from the United States in 2023 – 50 billion US dollars.

3. Medical Equipment – Export trade values of Medical equipment from the United States in 2023 – 45 billion US dollars.

4. Chemicals – Export trade values of Chemicals from the United States in 2023 – 38 billion US dollars.

5. Motor Vehicles – Export trade values of Motor vehicles from the United States in 2023 – 27 billion US dollars.

6. Computer Equipment – Export trade values of Computer equipment from the United States in 2023 – 22 billion US dollars.

7. Oil and Gas – Export trade values of Oil and gas from the United States in 2023 – 18 billion US dollars.

8. Electrical Machinery – Export trade values of Electrical machinery from the United States in 2023 – 12 billion US dollars.

9. Precious Metals – Export trade values of Precious metals from the United States in 2023 – 10 billion US dollars.

10. Agricultural Products – Export trade values of Agricultural products from the United States in 2023 – 8 billion US dollars.

Top 10 Exporting Companies of the United States to the European Union

The long history and economic ties of both states have been indulging different industrial sectors to export the acquired necessities as per the demands to record a growth in the annual export revenue. The leading exporting companies of the United States to the European Union in 2023 according to the United States Trade Data are,

• Boeing – Valuation of exports from Boeing of the United States to the European Union in 2023 – 68 billion US dollars.

EXPORTED PRODUCT VARIANTS

1. Commercial Aircraft
2. Defense and Military Aircraft
3. Space and Satellites
4. Commercial Airplane Components
5. Aircraft Services and Support

• Apple Inc. – Valuation of exports from Apple Inc. of the United States to the European Union in 2023 – 48 billion US dollars.

EXPORTED PRODUCT VARIANTS

1. iPhones
2. MacBooks and Other Laptops
3. iPads
4. Apple Watches
5. AirPods and Other Accessories

• General Electric (GE) – Valuation of exports from General Electric (GE) of the United States to the European Union in 2023 – 39 billion US dollars.

EXPORTED PRODUCT VARIANTS

1. Gas Turbines and Power Generation Equipment
2. Aviation Engines
3. Medical Imaging Equipment
4. Wind Turbines
5. Locomotives and Rail Transport Systems

• Ford Motor Company – Valuation of exports from Ford Motor Company of United States to the European Union in 2023 – 29 billion US dollars.

EXPORTED PRODUCT VARIANTS

1. Ford F-Series Trucks
2. Ford Mustangs
3. Ford SUVs
4. Ford Transit Vans
5. Electric and Hybrid Vehicles

• Chevron Corporation – Valuation of exports from Chevron Corporation of the United States to the European Union in 2023 – 25 billion US dollars.

EXPORTED PRODUCT VARIANTS

1. Crude Oil
2. Natural Gas
3. Refined Petroleum Products
4. Petrochemical Products
5. Lubricants and Specialty Products

• Procter & Gamble (P&G) – Valuation of exports from Procter & Gamble (P&G) of the United States to the European Union in 2023 – 22 billion US dollars.

EXPORTED PRODUCT VARIANTS

1. Tide
2. Pampers
3. Gillette
4. Head & Shoulders
5. Oral-B

• Johnson & Johnson – Valuation of exports from Johnson & Johnson of the United States to the European Union in 2023 –18 billion US dollars.

EXPORTED PRODUCT VARIANTS

1. Pharmaceutical Products
2. Medical Devices and Instruments
3. Consumer Health Products
4. Contact Lenses
5. Wound Care and Bandages

• Coca-Cola – Valuation of exports from Coca-Cola of the United States to the European Union in 2023 – 15 billion US dollars.

EXPORTED PRODUCT VARIANTS

1. Coca-Cola (The Soft Drink)
2. Diet Coke and Coca-Cola Zero Sugar
3. Sprite
4. Fanta
5. Minute Maid

• Amazon.com – Valuation of exports from Amazon.com of the United States to the European Union in 2023 – 10 billion US dollars.

EXPORTED PRODUCT VARIANTS

1. E-commerce Goods
2. Amazon Devices
3. Amazon Web Services
4. Prime Video
5. Amazon Music

• Merck & Co., Inc. – Valuation of exports from Merck & Co., Inc. of the United States to the European Union in 2023 – 9 billion US dollars.

EXPORTED PRODUCT VARIANTS

1. Keytruda
2. Gardasil
3. Januvia
4. Zostavax
5. Emend

FAQ’S

Que. What is the Top Exported Product of United States in 2023?
Ans. Aircraft and aircraft parts are the top exported products of the United States in 2023.

Que. What is the Bilateral Trade Value of the United States and European Union in 2023?
Ans. The bilateral trade value of the United States and the European Union in 2023 is 2.5 trillion US dollars.

Que. Who is the Top Exporting Company of the United States to the European Union in 2023?
Ans. Boeing is the top exporting company of the United States to the European Union in 2023.

Que. Where Can You Get a Detailed Trade Analysis of the Bilateral Trade Relationship of the United States and European Union in 2023?
Ans. By subscribing to Import Globals, you can get a detailed trade analysis of the bilateral trade relationship between the United States and the European Union in 2023.

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