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Band 6+: The charts illustrate the imports, exports and balance for trade in goods between the EU-28 and the US, from 2008 to 2018

Image for topic: The charts illustrate the imports, exports and balance for trade in goods between the EU-28 and the US, from 2008 to 2018
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The image shows data from 2008 to 2018: Exports start at 250 in 2008, fluctuate to a low of 200 in 2009, reach approximately 285 in 2010, increase slightly in subsequent years, hitting about 315 in 2012, 330 in 2013, and 350 in 2014, peak at roughly 370 in 2015, 2016, and nearly 400 in 2018. Imports start at about 300 in 2008, decrease to 250 in 2009, increase steadily to around 300 in 2011, remain around 300 in 2012 and 2013, then rise to roughly 330 in 2014, and stabilize between 350-380 from 2015 to 2018, reaching a peak at nearly 400 in 2018. The balance starts just above zero in 2008, drops below zero in 2009, then gradually increases, reaching a height of over 100 in 2018, with slight fluctuations yearly.
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The given charts showcase the imports, exports, and balance for commodity trading between the EU-28 and the US over a decade between 2008 and 2018.

Overall, it is apparent that all three categories, including the imports, exports, and balance of commerce between the United States and the EU-28 shared relatively similar trajectories, characterized by mild fluctuations in between and an overall rise throughout the timeframe.

Regarding imports and exports, in 2008, the amount of goods exchanged from the former category was 250 EUR billion, exceeding the latter by around 50 billion. Within the next 10 years, both registered a profound increase in traded commodities, with imports reaching over 400 EUR billion and exports arriving at above 250 EUR billion.

Concerning the balance of commerce between the EU-28 and the US, the number of goods exchanged started off at roughly 70 billion, slightly shrunk to 50 in 2009, and consistently increased to under 150 billion in the last inspected year.

Word Count: 159

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The charts illustrate the imports, exports and balance for trade in goods between the EU-28 and the US, from 2008 to 2018

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