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People from Europe: Since the US is moving away from the western world we know, who do you see us collaborate more with in the future? (lemmy.ml)

submitted 1 day ago by [email protected] to c/[email protected]

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For me it would probably be Canada. Seems like we share alot of values with them, and we could do more trading than we do today.

Especially if they also will have tensions with the US, it would be a win win.

But what do you guys think? Northern Africa would be an obvious choice in the future, but I don't know if they're ready.

PS. This is not a post talking about leave the US entirely. Ofc not. It would just be better for us to work with others and expand our worldview a little.

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[–] [email protected] 11 points 1 day ago* (last edited 1 day ago)

You're approaching this from a "who do I like" angle.

Another approach is the "what's being traded angle". Right now EU imports mostly LNG from the US ("The EU had trade deficits in energy (€70 billion) and raw materials (€6 billion) and other goods (€2 billion)." (1). Norway is already exporting at max, EU does not want to exploit natural gas resources domestically, so that leaves only the golf states.

Export is mostly divided between vehicles, chemicals, machinery ("In 2023, the EU had trade surpluses in machinery & vehicles (€102 billion), chemicals (€58 billion), other manufactured goods (€55 billion)").

So markets that can afford luxury german cars, canada, china, australia. But they'd have to compete with chinese cars. Basic chemicals are easier to sell elsewhere.