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The monthly value of EU agri-food exports in April 2019 reached €12.6 billion, 12.5% above April 2018 and only slightly below March 2018’s record-breaking levels. Imports were valued at €10.3 billion- a 4% increase from April 2018. This led to a monthly agri-food trade surplus of €2.3 billion. These are the main findings from the latest monthly trade report published by the European Commission.
By sector, there was a significant increase in the value of wheat exports (up €186 million), with pork meat (growing by €134 million), spirits and liqueurs (rising €127 million) and wine and vermouth (up by €73 million) also performing strongly. By contrast, there were significant drops in the export of raw hides and skins (down €63 million), beet and cane sugar (dropping €57 million) and vegetable oils, excluding palm and olive oil, (down €20 million).
Substantial increases were recorded in import values of coarse grains (up by €109 million), vegetables (increasing €109 million) and vegetable oils (excluding palm oil and olive oil) (up €65 million), while imports of palm oil (down €111 million), citrus fruit (dropping €42 million) and wheat (down €33 million) saw the largest drops in value.
By country, the highest increases in monthly export values (April 2019 compared to April 2018) were recorded for China (up by €318 million), USA (an increase of €255 million) and Japan (rising by €91 million). There was however a decrease in exports to Hong Kong (dropping by €34 million), Saudi Arabia (down by €18 million) and Bangladesh (a fall of €15 million).
Imports from Ukraine (an increase of €194 million), China (rising by €93 million), New Zealand (growing by €50 million) and Morocco (up by €43 million) all rose, while there were decreases in the value of imports from Australia (down €77 million), Indonesia (a drop of €75 million) and Madagascar (a decrease of €43 million).
Friday June 28, 2019/ DG Agriculture/ European Union.
https://ec.europa.eu
