Data published on Monday 28 October by the European Commission show that in July 2024, the EU’s agri-food trade surplus increased by 8% compared to the previous month, reaching €6.1 billion - a value similar to that of July 2023.
This increase follows a strong first half of 2024: between January and July 2024, the EU’s agri-food trade surplus reached €39.7 billion (+€1.1 billion compared to the same period in 2023).
Since January, cumulative EU agri-food exports from January to July have reached €137.2 billion, 3% more than over the same period in 2023. EU exports reached €20.8 billion in July 2024 (+10% on the previous month and +15% on July 2023). EU exports to the United States rose by €1.5 billion (+10%).
Cumulative imports between January and July reached €97.5 billion, 2% more than in 2023. Imports in July 2024 rose by 11% month-on-month to €14.6 billion (up 23% on July 2023).
Further details: https://aeur.eu/f/e1u (Original version in French by Lionel Changeur)