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EU agri-food trade for January-September 2021

Pig meat exports saw substantial growth in South Korea but fell in China for January-September 2021.

13 January 2022
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The total value of EU agri-food trade (exports plus imports) for January-September 2021 stood at €239.5 billion, a 6.1% increase compared to the corresponding period last year. Exports were 8% higher at €145.2 billion, with imports increasing by 3.5% to reach €94.2 billion. This reflects an overall agri-food trade surplus of €51 billion for the first nine months of the year, an increase of 17% compared to the same period in 2020.

EU27: Trade of agri-food products. Source: European Commission from Comext.
EU27: Trade of agri-food products. Source: European Commission from Comext.

There was substantial growth in exports to South Korea (€593 million higher), due to strong performances from wine, pig meat, wheat, and meslin. While overall exports to China increased by €504 million, exports of EU pig meat to the country fell by 13%, down €525 million compared to the same period last year.

Looking at specific product categories, the January-September period saw significant export value increases were seen in rapeseed and sunflower oils (up €751 million). There were, however, substantial falls in exports of wheat (down €390 million). The biggest increases in the value of imports were seen in oilcakes (up €1.2 billion), soya beans (up €1.2 billion), and palm and palm kernel oil (up €723 million).

January 4, 2021/ European Commission/ European Union.
https://ec.europa.eu

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