In 2024, nearly 31.6 million jobs in European Union countries were supported by final demand for European goods and services from non-EU countries, Eurostat reported on July 20, 2026.
This figure represents 14.4% of total employment in the European Union. In 2010, external demand supported 22.6 million jobs, or 11.5% of employment. Thus, over the course of 14 years, the number of jobs linked to foreign consumers increased by approximately 9 million.
Gross value added generated in the EU as a result of final consumption and investment outside its borders rose from EUR1.3 trillion in 2010 to EUR2.788 trillion in 2024. Its share of the EU economy’s total value added rose from 13.3% to 17.2%.
The United States remains the largest external market for the European economy. U.S. demand supported approximately 6 million jobs in the EU, or 19.1% of all employment linked to final demand outside the bloc. The United States also accounted for EUR585.8 billion in value added—21% of the total.
The United Kingdom generated demand that supported 3.4 million jobs in the European Union, or 10.6% of the corresponding employment. China ranked third with 3.1 million jobs and a 9.8% share. However, in terms of value added generated, China, at EUR289.8 billion, outpaced the United Kingdom, which stood at EUR276 billion.
Swiss demand supported approximately 1.5 million jobs in the EU and generated EUR126.6 billion in value added.
Eurostat’s calculations are based on the FIGARO cross-country tables and take into account not only employees of companies that directly export products but also employment across the entire production chain—including suppliers of raw materials, components, and services. External final demand refers to goods and services purchased outside the EU for consumption or investment.
Eurostat also provides a broader measure of the impact of exports, which includes intermediate goods and services: in 2024, exports to countries outside the EU supported 32.9 million jobs, or 15% of total employment, and generated EUR2.905 trillion in value added.
The growing dependence of European employment on external markets highlights the importance of the EU’s trade relations with the United States, the United Kingdom, and China. Potential tariffs, trade restrictions, or a decline in demand in these countries could affect not only European exporters but also companies operating within their associated supply chains.
EMPLOYMENT, EUROPEAN UNION, Eurostat, EXPORTS, UNITED STATES
