The Transatlantic Relationship is now facing unprecedented and historic times:
► Geopolitical Instability,
► Trade Tensions,
►Security Challenges,
But the transatlantic economy remains incredibly resilient:
👉 The transatlantic economy is valued at $9.5 trillion, making it the most deeply integrated economic relationship in the world. No other two regions trade, invest or innovate together at the same scale.
👉 Total Europe-US trade reached $2 trillion in 2024.
👉 56% of US global investment flows to Europe, 64% of global investment into the US comes from Europe.
👉 16 million jobs are supported on both sides of the Atlantic.
👉 European and US companies innovate together for $94.4 billion in cross-border R&D spending.
Cyprus and the United States
👉U.S. Foreign Direct Investment (FDI) in Cyprus has risen to $15.0 bn, whilst Cyprus’s FDI in the U.S. reached $215m.
👉 Cyprus – based companies continued to support more jobs in the USA (3,876) than American corporations support in Cyprus (1,010).
👉Total Cyprus-US trade reached $242m.
👉 $1.6bn U.S. Services Exports to Cyprus and $2.2bn U.S. Services Imports from Cyprus.
Dive into the most up-to-date facts and figures on the EU-US and Cyprus – USA relationship: https://transatlantic.amchameu.eu/