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Facts and Figures

More Facts and Figures on the European Union and the United States

THE EUROPEAN UNION AND WORLD TRADE

The EU and the 50 US States

EU Statistical Office - EUROSTAT: Indicators; Homepage

PDF VERSION

STATISTICS

 

 

EU25

EU15

Euro-Zone

US

Japan

Area 1

 

3,893 1

3,154 1

2,456 1

9,631 5

378 3

(2003 thousands, km sq)

 

 

 

 

 

Population 1

(2003 millions)

454.56 1

380.36 1

306.70 1

293.03 5

127.62 3

Density 1

  

116.8

120.6

124.9

30.4 5

337.6 3

(2003 km sq)

 

        

Unemployment Rate 1

          

(2003 standardized)

2002

8.9% 1

7.7% 1

8.4% 1

5.8% 4

 5.4%
 

2003

9.1% 1

8.1% 1

8.9% 1

6.0% 4

  5.3%

GDP 1

11,017 1

10,522 1

8,209 1

11,000 6

4,301 8

(2003, current prices, USD billions)

 

 

 

    

GDP increase, 2002-03 1

0.9% 1

0.8% 1

0.5% 1

3.1% 6

2.7% 8

GDP per Capita 1

24,027 1

27,511 1

26,595 1

37,756 2

33,720 2

(2003, in PPS/inhabitant)

 

 

 

    

Inflation Rate 1

2.0% 2

2.0% 2

2.1% 2

1.6% 4

-0.2% 2

(Annual 2003)

 

  

 

 

 

Total Imports 1

1,047 1*

1,570 2

2,848 2

1,517 7

477 2

(2003 USD billions)

  

 

    

 

Total Exports 1

1,250 1*

1,633 2

3,025 2

1,021 7

597 2

(2003 USD billions)

          

World Import Share 1

14.0% 2

22.4% 2

40.6% 2

22.9% 2

6.8% 2

World Export Share 1

13.1% 2

23.3% 2

43.1% 2

13.8% 2

8.5% 2

EU-25: Austria, Belgium, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden, United Kingdom. The 10 additional countries joined the European Union on May 1st 2004.

EU-15: Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, Spain, Sweden, United Kingdom.

Euro-Zone: Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, Spain.

Sources:

  1.  EUROSTAT (European Union Statistical Office).  Free Data.<http://europa.eu.int/comm/eurostat/newcronos/reference/display.do?screen=welcomeref&open=/&product=EU_MAIN_TREE&depth=1&language=en>.

  2.  IMF (International Monetary Fund).  <http://www.imf.org/external/pubs/ft/weo/2004/01/data/dbginim.cfm>.

  3. European Commission. Trade Directorate General. European Union and Its Main Trading Partners: Economic and Trade Indicators. <http://europa.eu.int/comm/trade/issues/bilateral/dataxls.htm>.

  4.  US Bureau of Labor Statistics:
    Current Population Survey:     General Overview. <http://www.bls.gov/cps/home.htm#overview>;
         Consumer Price Index, 1913-2004. <ftp://ftp.bls.gov/pub/special.requests/cpi/cpiai.txt>.

  5.  US Bureau of the Census:
    Countries Ranked by Population, 2004. <    http://www.census.gov/cgi-bin/ipc/idbrank.pl>;
    “Population,”     Statistical Abstract of the     United States, 2003. <http://www.census.gov/prod/2004pubs/03statab/pop.pdf>;
         US International Trade in Goods and Services, Seasonally Adjusted, 2002-2004. <http://www.census.gov/foreign-trade/Press-Release/2004pr/04/exh1.pdf>;
         Exports, Imports, and Balance of Goods By Selected Countries and Areas--2003, NOT Seasonally Adjusted. <http://www.census.gov/foreign-trade/Press-Release/2004pr/04/exh14a.pdf>.

  6.  US Bureau of Economic Analysis (BEA). Percent Change From Preceding Period in Real Gross Domestic Product, 2002-2004. <http://www.bea.gov/bea/dn/dpga.txt>.

  7. US Government Export Portal. Export.gov; TradeStats Express™ - National Trade Data. Global Patterns of US Merchandise Trade. <http://tse.export.gov/NTDMap.aspx?UniqueURL=xv45almas55awd55os4obnnp-2005-4-14-16-19-56>.

  8.  OECD (Organisation for Economic Cooperation & Development):
    Economic Projections    . <http://www.oecd.org/topicstatsportal/0,2647,en_2825_32066506_1_1_1_1_1,00.html>.
    Gross Domestic Product, 1995 – 2003    . <http://www.oecd.org/statsportal/0,2639,en_2825_293564_1_1_1_1_1,00.html>.

*Note: Figures received in euros from the Trade Directorate General and EUROSTAT were converted into dollars with the average exchange rate (euro-dollar) for the year 2003, or 1 euro = 1.117883 USD. Source: European Commission. Budget Directorate General. Infor Euro <http://europa.eu.int/comm/budget/inforeuro/index.cfm?Language=en>.

   

 

BILATERAL TRADE (US, EU25, EU15, JAPAN)

1.

US – EU25 TRADE (2003) 1
 

 

% change 2002-03

USD millions

 

 

US Imports from the EU25 1

8.8%

253,029.5

 

US Exports to the EU25 1

5.1%

154,104.4
 

 

 

 
 

US Imports Share of EU25 Total 1

 

20.1%
 

US Exports Share of EU25 Total 1

 

21.3%
 

 

 

Top 5 US Imports to the EU25 (2003) 1

 

 

 

Nuclear Reactors, Boilers, Machinery

38,215.6

 

 

Vehicles, (except railway or tramway)

38,172.6

 

 

Organic Chemicals

23,581.5

 

 

Pharmaceutical Products

20,599.9

 

 

Electric Machinery, Sound Equip, TV Equip

16,455.6
 

 

 

 

Top 5 US Exports to the EU25 (2003) 1

 

 

 

Nuclear Reactors, Boilers, Machinery

32,609.7

 

 

Electric Machinery, Sound Equip, TV Equip

15,740.1

 

 

Optic, Photo, Surgical Instruments

23,581.5

 

 

Aircraft, Spacecraft

13,124.7

 

 

Vehicles (except railway and tramway)