EU: Import-export of grains, oilseeds, vegetable oil, meal as of 18.08.2024

Published Aug 21, 2024

Tridge summary

The European Union's agricultural imports and exports for the 2024/25 season up to August 18 show a mixed trend. Soybean imports have decreased by 16% to 1.64 million tonnes, while rapeseed imports have increased by 39% to 0.49 million tonnes. Soybean meal imports have risen by 15% to 2.52 million tonnes. Palm oil imports have fallen by 32% to 0.35 million tonnes. EU soft wheat exports have decreased by 22% to 3.55 million metric tonnes, and barley exports have dropped by 33% to 1.15 million tonnes. Corn imports have increased by 27% to 2.91 million tonnes, and soft wheat imports have increased by 2% to 0.81 million tonnes. Romania is the leading wheat exporter to the EU, followed by France, Lithuania, Germany, and Bulgaria. However, the completeness of France's grain export data is questionable.

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

Original content

The European Union’s soybean imports since the start of the 2024/25 season in July reached 1.64 million tonnes as of August 18, down 16% from 1.95 million tonnes a year earlier. EU rapeseed imports in the same period totalled 0.49 million tonnes, up 39% from 0.36 million tonnes a year earlier. EU soybean meal imports this season reached 2.52 million tonnes, up 15% from 2.19 million tonnes a year earlier, while the EU’s palm oil imports totalled 0.35 million tonnes, down 32% from 0.51 million tonnes, the data show. EU soft wheat exports since the start of the 2024/25 season in July reached 3.55 million metric tonnes as of August 18, down 22% from 4.53 million a year earlier. EU barley exports totaled 1.15 million tonnes, down 33% from 1.71 million tonnes in the same period of 2023/24. However, the Commission said that grain export data from France, the largest exporter of wheat and barley to the EU, were not complete from the start of the 2024 calendar year. EU corn imports in ...

Source: Oilworld