Trade after the US increased tariffs

How have trade flows changed after the US increased tariffs in 2025? Have EU and US goods exports increased or decreased in relation to previous years? How are imports performing compared to earlier years? These two graphs will show you.

Trade flows are influenced by far more than US tariffs, and it is not yet possible to determine the effects that new US tariffs have had on trade in goods. The statistics nevertheless provide a good overview of how trade has developed after tariffs were introduced, as well as compared with previous years.

US goods exports have shown a downward trend since the tariffs were introduced in April 2025, but are still higher during the period April–August 2025 compared with the same period in 2024.

Overall, EU goods exports are down 5 per cent compared with the same period in 2024.

These charts provides an overview of how trade flows have developed during the period April–September 2025 compared with the corresponding period in 2024.