Looking at the current discussions about possible tariffs on EU car exports to the United States, it is important to understand that US and EU car markets have been integrated for decades now.
This new fact sheet provides a comprehensive overview of EU-US automobile trade, as well as production and employment by EU auto manufacturers in the United States.
- Auto-related trade currently accounts for some 10% of total trade between the EU and US.
- Today, the United States is the third biggest exporter of passenger cars to the European Union: 20% of the total value of US car exports heads for the EU, representing 15.3% of EU car imports by value.
- The other way around, the United States is the number one destination for EU-built cars, accounting for 29.3% of the total EU export value and 25% of US global car imports by value.
- In 2017, EU-owned automobile manufacturers made close to 2.9 million passenger cars in the United States, accounting for 26% of total US production.
- At their US plants, EU carmakers provide direct and upstream jobs to almost 120,000 Americans across the United States, including in South Carolina, Alabama, Mississippi and Tennessee.