U.S. Exports to Europe

Global exports make up ~ 13% of the $15 trillion U.S. economy. Of the $400 billion of U.S. affiliate income earned abroad (U.S. co. income earned from business operations), half comes from Europe and half comes from the rest of the world. The two largest contributors to U.S. affiliate income in Europe are the Netherlands (27% of Europe) and Ireland (16% of Europe). The European Union (EU) is China’s biggest export market, buying close to $300 billion in Chinese products in 2012.