The latest EU agri-food trade figures, published on Tuesday 31 May by the European Commission, show that the total value of EU agri-food trade was €28.3 billion in February 2022, up 18% on the same month last year.
EU agricultural exports rose by 11% to €16.6 billion, while imports increased by 30% (€11.7 billion), reflecting a trade balance in assets of €4.9 billion. This represents an increase of 52% compared to January 2022 and “a break from the trend of lower exports and...