Announcements

Job offersmore »





Tweeting Growers

Top 5 - yesterday

Top 5 - last week

Top 5 - last month

Exchange ratesmore »




"Impressive increase of EU agri-food exports"

The value of EU agri-food exports increased by €1 billion between November 2016 and November 2017 to €12.7 billion, according to the latest monthly trade report from the European Commission. With monthly agri-food imports of around €10 billion, the monthly trade balance in agri-food products remains around €2.7 billion.

Wine saw the highest year-on-year export growth in November, increasing by €125 million; sugar exports grew by €79 million compared to November 2016 while exports of spirits and liqueurs rose by €71 million.

In contrast, EU wheat and other cereal exports experienced the biggest drop over the year, falling by 29% (or €1.7 billion) and 15% (or €0.3 billion) respectively. Pork exports also saw a dramatic annual decline, of 9% or €47 million.

In terms of markets, the US, Russia and Asia markets remain the most dynamic for EU agri-food export growth; sales to the US were up 7% (or €1.5 billion), while Russian exports grew 17% (up €0.9 billion). As for Asian markets, exports to China increased by 6% (an additional €0.7 billion), to Japan by 12% (€0.7 billion) and Korea by 17 % (€0.4 billion).

Publication date: 1/26/2018

 


 

Other news in this sector:

2/21/2018 UK: “CAP hasn’t worked for food economy or natural environment”
2/21/2018 UK: Possible outcomes for food trade with EU after Brexit
2/21/2018 India: Tomato prices Madhya Pradesh plummeting
2/20/2018 "Food and farming can power Britain post-Brexit"
2/20/2018 Algeciras connected to Australia for the first time
2/20/2018 Spain: 57% of government's circular economy budget for water topics
2/19/2018 “Market for illuminated tomatoes under more pressure than last year”
2/19/2018 Shorter travel time because of diminishing Polar ice
2/19/2018 Can someone turn that off? We're trying to sleep here!
2/19/2018 EU: Policy recommendations regarding position of fruit and vegetable sector
2/16/2018 Spring Festival approaches, cucumber prices rise
2/16/2018 World population growth 1 July 2016 - 1 July 2017
2/16/2018 Spanish ports increase horticultural products traffic by 10%
2/15/2018 US (MI): Online tool offers exporting intel to food and ag businesses
2/15/2018 China: Exports of Xinjiang vegetables to Pakistan
2/15/2018 Vietnam: Fruit, vegetable exports up 37% in January
2/15/2018 Ontario and Canada mark Agriculture Day with landmark agreement
2/15/2018 "Trump’s budget proposal is bad news for farmers markets"
2/14/2018 CAN (BC): Minimum wage up again
2/14/2018 Europe: Applications open for EIT Food Accelerator Network