Transatlantic Trade and Investment Partnership (TTIP)
The EU-U.S. transatlantic economy represents the largest economic relationship in the world, accounting for nearly 30 percent of global merchandise trade, about 40 percent of world trade in services, and nearly half of global GDP. In 2011, European investment in the U.S. accounted for 70 percent of total FDI in the United States, and Europe’s investment - ows to the U.S. were seven times larger than those to China.
Did you know?
27 out of 50 U.S. states had record-breaking trade - flows with the European Union in 2012.
The transatlantic economy employs up to 15 million workers on both sides of the Atlantic.
European investment in the United States was $1.8 trillion in 2011. Nearly 70 percent of total foreign investment in the U.S. comes from Europe.
U.S. Company Profits
U.S. affiliate income earned in Europe was $214 billion in 2012—a record high.
Texas is the top state exporter to the European Union by value with 29.2 billion in 2012.
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- Transatlantic Trade and Investment Partnership