EU agri-food exports increase by 1.2% until August 2020.

The EU agri-food trade has remained strong and constant until August 2020. Thus, exports from the Europe of 27 in this period reached a total value of 119,000 million euros, which represents an increase of 1.2% compared to the same period in 2019, while imports increased by 0.8% to reach 81.6 billion euros, according to the latest monthly report from the EC on agri-food trade published this Friday. As a result, the agri-food trade surplus stood at 37.4 billion euros, representing an increase of 2% compared to the corresponding period in 2019. Although exports of pork, wheat and coarse grains performed strongly during This period, exports of wine and spirits registered low figures. In terms of trading partners, China continued to grow as a major source of EU exports. Specifically, the value of EU agri-food exports to China increased by € 2.77 billion, driven by strong sales of EU pork, wheat, offal, baby food and barley. In Saudi Arabia, a € 537 million increase in the value of EU ...