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The latest monthly agri-food trade report published shows that the EU maintained a monthly agri-food trade surplus of €2.2 billion in September 2018 in spite of a modest decline in export values of 6% compared with September 2017.
The highest increases in monthly export values (September 2018 compared to September 2017) were recorded for Egypt (an increase €61 million), Algeria (up €34 million) and South Korea (a gain of €26 million). In contrast, exports to China dropped significantly (by €131 million). There were also drops in exports to both Hong Kong and Turkey. While there was an increase in exports for feed and feed ingredients and for preparations of vegetables, fruit and nuts, exports of raw hides, fur skins, wheat and other cereals experienced decreases. Imports from Brazil, the USA, Russia and Ukraine performed particularly well. Looking at the last 12 months from October 2017 to September 2017, agri-food export surplus remains at €21 billion.
Wine, sugar, spirits and liqueurs are sectors that keep exporting significant quantities and values. On the other hand, categories with notable losses in export values over the last 12 months were raw hides and furskins (-404; -22%), pork meat (- 374; -7%) and fruit (excluding citrus and tropical) (- 325, -13%).
Monday December 3, 2018/ EC/ European Union.
http://europa.eu/rapid
