Publication of latest agri-food trade figures: positive trade balance for the EU
The latest monthly agri-food trade report published today shows that the EU agri-food trade surplus in August 2019 stood at €2.93 billion, a 29% increase in the positive trade balance compared to last year’s figures for the same period. The value of agri-food exports that month were on the rise compared to a year ago and reached €12.07 billion (+5.6% increase) while monthly imports decreased by 0.2% to €9.14 billion. Comparing the monthly export values of August 2019 with August 2018, the highest increases were recorded for China, the USA, and Japan. Sectors that have been performing well in August 2019 are wheat, pork, spirits and liqueurs, and cheese. The monthly report provides a table presenting the trade balance, its development by product category and the main trading partners from September 2017 to August 2019.