EU: Import-export of grains, oilseeds, vegetable oil and meal as of December 15, 2024

Published Dec 18, 2024

Tridge summary

The European Union's agricultural imports and exports for the 2024/25 season up to December 15 show a mixed trend. Soybean imports increased by 16% to 6.27 million tonnes, rapeseed imports rose by 3% to 2.74 million tonnes, and soybean meal imports surged by 32% to 9.09 million tonnes. On the other hand, palm oil imports decreased by 16% to 1.42 million tonnes. EU soft wheat exports saw a significant decrease of 31% in volume, with Romania being the top exporter. Barley exports also fell by 34%, with Romania continuing to lead. However, export data for some countries is incomplete, and the next publication will be after January 7.

Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Soybean imports to the European Union in the 2024/25 season, which began in July, reached 6.27 million tonnes by December 15, up 16% from 5.39 million tonnes a year earlier. Rapeseed imports for the same period amounted to 2.74 million tonnes, up 3% from 2.65 million tonnes a year earlier, while soybean meal imports reached 9.09 million tonnes, up 32% from 6.90 million tonnes. Palm oil imports to the EU amounted to 1.42 million tonnes, down 16% from 1.69 million tonnes a year earlier, oilworld.ru reports Soft wheat exports from the European Union since the start of the 2024/25 season in July reached 10.54 million tonnes by December 15, down 31% from 15.17 million tonnes a year earlier. EU barley exports totalled 2.09 million tonnes, down 34% from 3.19 million tonnes in the same period of 2023/24. Analysis of this season's volumes showed that Romania remains the leading soft wheat exporter to the EU by 2.96 million tonnes, followed by Lithuania with 1.40 million tonnes, Latvia with ...

Source: Oilworld