The 2025 Transatlantic Economy Report, launched by the U.S. Chamber of Commerce and the American Chamber of Commerce to the EU (AmCham EU), highlights the continued strength of the economic ties between Europe and the U.S. The report, marking its 22nd edition, is based on independent research by Daniel Hamilton and Joseph Quinlan from Johns Hopkins University’s School of Advanced International Studies.

Key findings include:

- The transatlantic economy reached an estimated $ 9.5 trillion in 2024, up from $ 8.7 trillion in 2023.
- Trade between Europe and the U.S. reached a record $ 2 trillion in goods and services.
- Goods trade between Europe and the U.S. totaled $ 1.3 trillion, with the EU-U.S. goods trade alone at $ 976 billion.
- Services trade saw U.S. exports to the EU amounting to $ 275 billion.
- Affiliate sales reached new heights, with U.S. affiliate sales in Europe estimated at $ 4 trillion and European affiliate sales in the U.S. at $ 3.5 trillion.
- The energy partnership remains strong, with the U.S. supplying 48% of Europe’s LNG, while Europe accounts for 55% of U.S. LNG exports.

Despite these positive figures, the report acknowledges challenges such as uneven growth rates between Europe and the U.S., competition from China, and potential risks like a transatlantic trade war. The report emphasizes the critical importance of maintaining strong economic ties and urges policymakers to avoid actions that could disrupt this vital relationship.

U.S. Chamber Senior Vice President Marjorie Chorlins underscored that the transatlantic commercial relationship supports 16 million jobs and generates shared benefits from openness and investment, highlighting its peerless breadth and depth.

View full report HERE