The latest EU agri-food trade figures, published on Thursday 3 February by the European Commission, show that the total value of EU agri-food trade for January-October 2021 reached a value of €268.1 billion, up 6% on the same period last year.
Exports rose by 7% to €162.8 billion, while imports increased by 4% to €105.3 billion, giving a total agri-food trade surplus of €57.5 billion. This is an increase of 14% compared to the corresponding period in 2020.
The strongest growth in exports was to the United States (up €2.4 billion or 7%) thanks to the good performance of wines, spirits and liqueurs, chocolate and confectionery. In addition, exports to South Korea and Switzerland increased by €698 million and €588 million respectively.
Despite the continued recovery in the value of exports to the UK, imports from the UK fell more than from any other country, down by €3.3 billion or 26%.
A significant decrease was also observed for imports from the United States, which fell by €625 million, or 8%, as well as imports from Canada, Switzerland and Tunisia.
For more information, see: https://aeur.eu/f/5p (Original version in French by Lionel Changeur)