Bad start to the year for EU agri-food exports

In January 2021, EU agri-food exports decreased by 11% compared to January 2020, reaching a total value of 13.5 billion euros, while imports fell 16% to 9.1 billion euros. This decline occurs after a longer period of continuous increase in exports, as reflected in the monthly commercial report for January 2021 published by the European Commission, which indicates that, in this way, the agri-food trade surplus for January 2021 amounted to 4,400 million euros, 3.6% more compared to the same month last year. Specifically, EU exports to the UK decreased in value by € 792 million compared to January 2020. There were also drops in the values of exports to the USA (a decrease of € 254 million), Russia (a decrease of € 254 million). € 110 million drop), Japan (a decrease of € 66 million) and Saudi Arabia (€ 62 million less). On the other hand, the value of exports to China increased by 146 million euros, driven by growing demand for pork and coarse grains, as well as rapeseed and ...