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EU: Despite challenges, pork and other agri-foods saw export growth in February

EU pork exports to China were exceptionally high in February. Export and import numbers for wheat, grains, and oil seeds.

Source: Comext

The EU’s agri-food exports reached a monthly value of €15.1 billion (an increase of 4.6% compared to February 2019), while the value of imports came to €9.8 billion (0.7% above the level of February 2019). Despite challenges, some products and countries experienced a growth in trade values, as outlined in the monthly trade report for February 2020, by the European Commission.

The export value of some products increased, such as pork (a rise of €278 million), wheat (up by €228 million), and coarse grains (a jump of €145 million). EU27 exports to China have been exceptionally high for pork (+260% compared to February 2019).

A small number of products saw a rise in their monthly import values, including vegetable oils (a jump of €138 million) and oilseeds (other than soyabeans) (an increase of €69 million). Amongst the products whose import values fell, the highest decreases were recorded for oil cakes (a declined of €219 million), coarse grains (down by €107 million), and wheat (a drop of €83 million).

June 4, 2020/ European Commission/ European Union.
https://ec.europa.eu/

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