EU agri-food exports recover in March

Published Jun 26, 2021

Tridge summary

EU exports decreased 0.9% between January and March compared to the corresponding period in 2020, reaching 46.4 billion euros while imports reached 29.3 billion euros, 8.1% less than in the first quarter of 2020. However, the value of EU exports in March 2021 increased by 20% compared to the previous month.

Original content

Similarly, EU imports increased in value by 24% in March compared to February. Thus, the EU agri-food trade between January and March 2021 reached a value of 75,800 million euros, 4% less than in the same period of 2020. Specifically, from January to March 2021, EU export values fell further to the UK (€ 1,079 million less), compared to the same period in 2020. Significant decreases in the value of EU exports the EU affected most agri-food products. They lead the pig meat (a decrease of 116 million euros), cigars and cigarettes (a decrease of 108 million euros) and meat preparations (a decrease of 101 million euros). However, monthly EU exports have progressively increased since the end of the transition period. The value of EU exports to the UK was 27% higher in March 2021, compared to the previous month, and 1.3% higher than in March 2020. Other destinations, for which the value of EU agri-food exports fell more since January 2021 compared to the same quarter of last year, are ...
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