On Tuesday 29 November, the European Commission published the latest monthly report on agri-food trade, which shows that both EU agri-food exports and imports increased in August 2022, “leading to the highest point for EU monthly trade flows in 2022 at €35 billion”.
Commission data show that the EU’s trade balance also reached its highest value of the year in the same month, at €5.6 billion. The value of EU exports increased by 6% and imports by 3% compared to July 2022.
The...