The monthly values of EU agri-food trade in April 2018, compared to March, decreased in line with a seasonal pattern to €11.1 billion in exports and €9.6 billion in imports. However, the value of exports was 3.7% higher compared to April 2017. Monthly import values, on the other hand, decreased by 2% compared to April 2017. This led to the monthly agri-food trade surplus rising to €1.5 billion, a 66% increase over April 2017. These are the main findings from the latest monthly trade report (734 KB - PDF) published by the European Commission.
The highest increases in monthly export values (April 2018 compared to April 2017) were recorded for the USA (up €64 million), Japan (an increase of €59 million), Algeria (an increase of €40 million) and Switzerland (up €37 million), while exports fell most to Saudi Arabia (down €92 million), Turkey (decreased by €71 million) and the UAE (down €38 million).
By sector, the highest export growth was achieved in raw hides and skins (€93 million), wine (€90 million), spirits (€62 million) and sugar (€47 million).
Milk powder exports decreased most in value terms (down €54 million). Fruit and cigarettes exports also fell, with respectively a decrease of €30 million and €27 million.
As for imports, the value of April 2018 EU agri-food imports compared to April 2017 increased most for imports coming from Ivory Coast (up €50 million), Chile (increased by €42 million) and Tunisia (up €37 million). The value of imports from Ukraine, Indonesia, Australia and Paraguay went down most, with respectively a decrease of €110 million, €74 million, €71 million and €67 million.
Significant decreases were recorded in imports of oilcakes, unroasted coffee, sugar and palm oil, while imports of tropical fruit, raw tobacco, non-tropical fruit and bovine meat saw the biggest increases in value terms.
Previous monthly data on EU agri-food imports and exports.
27 June 2018