The European Union became the third world importer of agri-food products after the USA and China

The EU has become the third largest importer of agri-food products after the United States and China, according to a European Commission report released this week, agriland.ie reported. In 2020, the EU agricultural trade volume reached 306 billion euros. Of this amount, 184 billion euros are for exports and 122 billion euros for imports. Both values represent small increases of 1.4% and 0.5% respectively over the previous year. The EU is the largest player in the world agricultural market. The concluded free trade agreements provide the EU countries with a number of advantages. Commenting on the numbers, Agriculture Commissioner Janusz Wojciechowski said: “Promoting open and fair trade is a political priority for the European Commission, which is of great benefit to farmers. The success of the agricultural trade is clearly linked to a common agricultural policy that supports competitiveness and innovation, as well as our excellent reputation for being safe, environmentally ...