EU Exports to U.S. Rise 2.4% in 2025 Amid Tariffs; Chinese Imports Up 6.3% to Europe

EU exports to the U.S. rose 2.4% to 554 billion euros in 2025 despite higher tariffs and a stronger euro, with gains concentrated in early 2025 as firms built buffers. Meanwhile, imports from China climbed 6.3% to 559 billion euros, as U.S. tariffs drive trade diversion. The eurozone’s GDP expanded 1.5% in 2025, outpacing many pre-Trump forecasts, but the trade surplus in goods shrank to 133.5 billion euros as imports rose 2.4% to 2.5 trillion euros. Falling prices on Chinese imports, down 10% year-over-year in H2 2024, are exerting a disinflationary effect, prompting ECB officials to monitor inflation expectations closely.