European Union
U.S. Trade with European Union in 2023
Export Market Rank
#4 Among U.S. Agricultural Export Markets
Total Export Value
$12.62 Billion
3-Year Average
$11.97 Billion
Compound Average Growth
0.86% (2014-2023)
Total Export Value 2014 - 2023
Export Value by Commodity 2023
Top 10 Exports to European Union in 2023
Commodity | Total Value (USD) | Total Volume (Metric Tons) | 10-Year Average Value (USD) | 10-Year Growth |
---|---|---|---|---|
Soybeans | $3.45 Billion | 6.12 Million | $2.22 Billion | 97% |
Tree Nuts | $2.29 Billion | 472,064 | $2.62 Billion | -12% |
Distilled Spirits | $885.68 Million | --- | $599.56 Million | 55% |
Soybean Meal | $496.25 Million | 947,974 | $275.5 Million | -17% |
Essential Oils | $448.73 Million | 24,795 | $467.73 Million | 25% |
Food Preparations | $388.27 Million | 25,042 | $362.58 Million | 21% |
Other Intermediate Products | $365.73 Million | 64,559 | $365.3 Million | 24% |
Planting Seeds | $335.85 Million | 70,687 | $400.08 Million | -5% |
Ethanol (non-bev.) | $333.35 Million | --- | $171.61 Million | 148% |
Dextrins, Peptones, & Proteins | $300.61 Million | 32,772 | $292.61 Million | -9% |
Data and Analysis
The European Commission will allocate €132 million (approximately $138 million) towards promotion activities for EU agri-food products in 2025.
After two consecutive years of short olive oil production, MY 2024/25 olive oil output in the EU is expected to revert to average levels on good flowering conditions and a mild summer. Fall precipitation will be critical to final production volumes.
This report provides an overview of EU food and feed legislation currently in force for the EU. USDA Foreign Agricultural Service (FAS) staff reviewed and updated all sections of this annual report.
News and Features
USDA will host the second in-person Stakeholder Session of the US-EU Collaboration Platform on Agriculture April 8-9 in Washington, D.C.
May is World Trade Month, and USDA's Foreign Agricultural Service is marking the occasion by sharing some of the most recent facts and figures about U.S. agricultural trade.
With research and development funds provided by the FAS Technical Assistance for Specialty Crops Program, FAS and ARS are working to produce compostable PLU labels. They are collaborating with the International Fresh Produce Association and Sinclair Systems International to meet the EU standards. The goal is to develop adhesives that are both food-safe and compostable. When achieved, this will allow American companies to export fruits and vegetables as usual while helping to decrease food waste and methane emissions.