The monthly value of EU agri-food exports in August 2016 reached €10.6 billion, exceeding the export values in August of previous years and bucking the usual trend of a post-July dip, according to the latest monthly update of EU agri-food trade. The highest increases in monthly export values (August 2016 compared to August 2015) were recorded for products exported to the USA (€+221 million) and China (€+106 million), with an increase of €50 million or more to three other major Asian markets - Vietnam, Japan, and South Korea. Exports of pork and infant formula did particularly well compared with August 2015, while exports went down for milk powder and raw hides and skins.
Analysing the EU export performance over the last twelve months (September 2015 - August 2016) per product category, export values increased in particular for pigmeat (€+1.2 billion; +31% compared to export values in the previous period). Agri-food imports from third countries also increased in value over the last 12 months, most particularly for Ivory Coast (+21%), Argentina (+7%), Peru (+14%) and Australia (+12%). All figures for August 2016 and the 12-months period can be found online.