Brussels: EU-based investors' net foreign direct investment (FDI) stocks in non-EU countries totaled pound 9.2 trillion ($9.7 trillion) in 2023, down 4.1% year-on-year, according to the Eurostat statistical bureau on Tuesday. According to Anadolu Agency, the United States emerged as the largest FDI partner of the EU, receiving 26.6% of the investments from EU-based investors, which amounted to $2.5 trillion. This was followed by the United Kingdom with a 19.3% share at $1.8 trillion, and Switzerland at 8.2% with $795 billion. Brazil and Singapore also attracted significant investments, with 3.4% ($329 billion) and 2.9% ($277 billion) respectively. Eurostat further reported that more than 2% of EU residents' stocks were invested in Canada (2.7%), China excluding Hong Kong (2.5%), Russia (2.4%), Bermuda (2.3%), Mexico (2.3%), and the United Arab Emirates (2.0%). Despite the decrease in total FDI stocks, the EU's net investment position relative to the rest of the world saw an increase of 2.2% on an annual bas is. On the other hand, non-EU investors' FDI stocks in the EU were valued at $7.8 trillion in 2023, marking a decline of 5.4% compared to the previous year. The United States held the largest share of non-EU FDI stocks in the EU at 30.9%, equivalent to $2.4 trillion, followed by the UK with 17.6% at $1.3 trillion, and Switzerland with 8.3% at $652.3 billion. Other notable non-EU investors included the Cayman Islands with a 4.7% share at $371.4 billion, Singapore at 4.2% with $330.3 billion, and Bermuda at 3.7% with $290.3 billion. Eurostat also highlighted that investors from Canada (3.3%), Japan (2.9%), Hong Kong (2.1%), Russia (2.1%), and the British Virgin Islands (2.0%) contributed more than 2% to the FDI stocks in the EU.