For example, 99.22% of the $42.95 billion in U.S. imports in the insulin, hormone and steroid category (HS code 2937) through May were from the European Union, with 98.48% coming from Ireland, according to my analysis of the latest U.S. Census Bureau data. The same category is a top U.S. export to the European Union, accounting for 53.85% of the $4.94 billion in U.S. exports to the world, ranking fourth overall to the European Union. Switching over to the U.S. export side, the European Union has an appetite for the broad nut category (HS code 0802) that is dominated by almonds and pistachios in the shell, with 37.49% of the $4.09 billion total in U.S. exports through May headed to the European Union.
Author: Ken Roberts, Contributor, Ken Roberts, Contributor https://www.forbes.com/sites/kenroberts/
Published at: 2025-07-27 20:56:28
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