The latest monthly report on agri-food trade, published on Friday 24 September by the European Commission, shows that despite a slow first quarter, the total value of EU agri-food trade (exports plus imports) for the period January-June 2021 amounted to €157.1 billion, reflecting an increase of 3% compared to the same period in 2020.
Exports rose by almost 6% to €95.3 billion, while imports fell by 1% to €61.8 billion, giving a total agri-food trade surplus of €33.5 billion for the first half of the year. This represents an increase of 21% compared to the corresponding period last year.
Taking into account monthly developments, the values of EU agri-food exports in June 2021 were 14% higher than in the same month in 2020, after having increased steadily since March 2021.
The monthly values of EU imports in June 2021 were 10% higher than in the same month in 2020, after having followed an upward trend since March 2021.
For January-June 2021, the value of exports to the UK fell by €446 million (-2% compared to the first half of 2020) The overall decline in agri-food imports to the EU was largely driven by the reduction in imports from the UK (-30%).
See the report: https://bit.ly/2XJegVB (Original version in French by Lionel Changeur)