Despite transatlantic political turbulence, the U.S. and Europe remain each other’s most important markets. Eurozone growth of 2.5% in 2017 exceeded U.S. growth of 2.3%, and both economies are set to maintain robust growth in 2018. Transatlantic trade gaps have narrowed.
The transatlantic economy generates $5.5 trillion in total commercial sales a year and employs up to 15 million workers in mutually “onshored” jobs on both sides of the Atlantic. It is the largest and wealthiest market in the world, accounting for one-third of world GDP in terms of purchasing power and half of total global personal consumption.
Ties are particular thick in foreign direct investment (FDI), portfolio investment, banking claims, trade and affiliate sales in goods and services, mutual R&D investment, patent cooperation, technology flows, and sales of knowledge- intensive services.
The Transatlantic Economy Report 2018 presents the most up-to-date facts and figures about the EU-US economic relationship. The research was conducted independently by Dan Hamilton and Joseph Quinlan of the Center for Transatlantic Relations, Johns Hopkins University.
The study includes dedicated profiles for 30+ European countries and all US states.
Download the study and supporting materials:
About AmCham Sweden
AmCham Sweden was founded in 1992. The organization has more than 220 members, ranging from start-ups to multinational corporations. The members, representing many different industries, create a dynamic organization providing networking and innovative ideas. AmCham Sweden annually organizes a number of events and seminars, and participates in public debate on key issues. www.amcham.se