Home About Participating Companies Issues TEC Industry Consultation Facilitating Secure Transatlantic Trade Conference TABD Innovation Conference Healthcare 2007 EU-US Summit Media Section Past CEO Reports Economic Facts Mission Statement History Contact		Why the Trans-Atlantic economic relationship is so important: The combined gross domestic product (GDP) of the US and EU reached an estimated $25 trillion in 2005, representing more than half of global GDP. Transatlantic economic ties account for a third of global trade and 20 per cent of the worldís foreign direct investment. In 2004, transatlantic trade in goods reached $482 billion dollars, the second largest bilateral trading relationship in the world. Europe is the number one geographical location for US overseas investment, accounting for nearly 56% of total US foreign direct investment. Investment by the European Union in the United States accounted for more than 60% of the $1.5 trillion in total foreign direct investment in the United States in 2004. US foreign direct investment in Europe represented almost 50% of the $2.1 trillion in total direct investment abroad by US companies by the end of 2004. The transatlantic economy generates roughly $3 trillion in total commercial sales a year and employs up to 14 million workers. US investment in the Netherlands is roughly ten times the total US investment in China. Taken largely from: Deep Integration: How Transatlantic Markets are LEading Globalization. Edited by Daniel S. Hamilton and Joseph P. Quinlan, Center for Transatlantic Relations, 2005
CONTACT INFORMATION: US TABD Office +1 202 775 3251         EU TABD Office +32 (2) 238 5240