Export of agricultural products from the European Union is increasing

Published 2021년 7월 29일

Tridge summary

The European Commission's Directorate-General for Agriculture and Rural Development (DG Agri) has reported a 17% increase in the EU's agri-food trade surplus, reaching 22.7 billion euros. Despite a 7.7% drop in exports in April 2021 compared to March, they were still 9.8% higher than in the same period of the previous year. The UK, US, China, Switzerland, and Russia were the top five countries receiving EU agricultural exports, which made up 51% of total sales. There was a notable increase in exports to China, and a decrease in exports to Saudi Arabia, South Africa, Japan, and Egypt. The largest growth in product categories was seen in wine, spirits and liqueurs, pork, rapeseed and sunflower oil, bulbs, roots, and living plants, while the largest declines were in wheat, infant nutrition, butter, fresh and chilled vegetables, and poultry.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This is according to a report by the Directorate-General for Agriculture and Rural Development (DG Agri) of the European Commission. The figures represent an increase of 17 percent to 22.7 billion euros in the union's trade surplus in agri-food. Exports in April 2021 were 7.7 percent lower than in March. Still, exports were 9.8 percent higher than in April 2020. The United Kingdom, the United States (US), China, Switzerland and Russia accounted for 51 percent of EU agricultural sales abroad. Brits Exports from the EU to the UK fell €806 million (-6 percent) in the first four months of the year compared to the same period in 2020. Notable declines over the four months were in cigars and cigarettes (-€126 million). ), pork (-121 million euros) and preparations of vegetables, fruit or nuts (-106 million euros). There were significant increases for bulbs, roots and living plants (+164 million euros), wines (+139 million euros) and cut flowers and plants (+126 million euros). Other ...
Source: Nieuwe Oogst

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