Steady increase in EU agri-food trade in the first eight months of 2021
Published Dec 2, 2021
Tridge summary
The total value of EU agri-food trade (exports plus imports) in the period January-August 2021 reached EUR 210.5 billion, an increase of 5.1% compared to the same period last year. Exports rose 7% to € 127.5 billion, while imports rose 2.3% to € 85 billion, bringing a total agri-food trade surplus of € 44 billion in the first eight months of the year.
Original content
This is an increase of 17% compared to the same period in 2020. Fluctuations in exports Positive data was recorded in exports to the United States, which increased by € 2 billion, or 15%, mainly due to the strong performance of wine, spirits and liqueurs. In addition, exports to China increased by EUR 812 million, while an increase in value was also recorded in exports to Switzerland (EUR 531 million), South Korea (EUR 464 million), Norway (EUR 393 million) and Israel (EUR 393 million) . 288 million). Exports to the UK during this period were about the same as last year. At just € 116 million, or 0.4% lower than in 2020, this illustrates a significant rebound in recent months given how lowered exports to the UK were in the earlier parts of the year. Despite the significant increase in agri-food exports overall, exports to many countries fell compared to the same period in 2020. The largest decline was seen in exports to Saudi Arabia, which fell by € 399 million, or 16%, mainly due ...
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