Agricultural exports from Brazil to the European Union have strong high

Published 2020년 12월 17일

Tridge summary

Between January and August 2020, Brazil emerged as the second largest supplier of food to the European Union (EU), behind the United Kingdom, with a 8.8% share of the EU's agri-food supply. This growth was largely due to a 64% increase in soy shipments, following a 47% drop in American grain sales. Despite concerns about deforestation, Brazil's agricultural exports to the EU continued to rise, reaching 7.9 billion euros, a 8.5% increase from the previous year. The UK saw a 10% decrease in its agri-food sales to the EU during the same period. The European Commission is encouraging the reduction of dependence on Brazilian soy and other Mercosur countries, in favor of supporting domestic protein production. Global agri-food trade in the 27 EU countries reached 200.7 billion euros, a 1% increase from 2019, with the biggest increase in agricultural exports being to China.

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Original content

Brazil was the country that most expanded agricultural exports to the European Union between January and August this year, and thus became the second largest supplier of food to the 27 countries in the bloc, behind only the United Kingdom. The advance mainly reflected a 64% increase in soy shipments, partly thanks to a 47% drop in American grain sales. Data from the EU Statistics Service (Eurostat) illustrate the extent to which Europe relies on food imports from Brazil, while European producers are constantly asking for brakes on the entry of products from the country and its Mercosur neighbors. . Brazil now has an 8.8% share of agri-food supply to the EU, ahead of the United States (8.4%). The United Kingdom's share, now outside the European bloc, reached 13.7%. In the recent past, with the British still in the EU, the USA was the main supplier and Brazil came in second place. In the first eight months of 2020, even in the midst of intense debate over deforestation and pressure ...

Source: Beefpoint