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Agricultural exports from Brazil to the European Union have strong high

Brazil
Published Dec 18, 2020

Tridge summary

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.

Original content

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 for Europe to curb imports of products supposedly coming from areas of deforestation, Brazilian agri-food exports continued to increase to the EU. There were 7.9 billion euros in the period, 8.5% more than between January and August 2019. In the case of the USA, it was 6.3 billion euros, a decrease of 8.8%. In absolute terms, Brazil was also the ...
Source: Beefpoint
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