The value of EU agri-food exports in January 2019 increased for the 4th year in a row to reach a new record level of €11.2 billion. Agri-food imports also grew to a record of €10.8 billion, leading to the monthly trade value topping €22 billion, compared to €21 billion in January 2018. These are the main findings from the latest monthly trade report published by the European Commission.
The highest increases in monthly export values (January 2019 compared to January 2018) were recorded for the USA (up €191 million), China (an increase of €91 million), Switzerland (a rise of €39 million), Philippines and Russia (both increased by €29 million). In contrast, exports fell most to Hong Kong (down €44 million), Turkey (a decrease of €29 million), Angola (a fall of €26 million), Saudi Arabia (down €24 million) and Jordan (decreasing by €23 million).
By sector, the highest export growth was achieved in spirits and liqueurs, wine and milk powders, respectively increasing by €81 million, €68 million and €58 million. As exports of sugar and cigarettes fell the most, down by €53 million and €29 million respectively.
As for imports, the value of EU agri-food increased most for products coming from the USA (up €291 million) and Ukraine (an increase of €246 million). Imports that decreased most were from Brazil (down €145 million), Indonesia (a decrease of €97 million) and Malaysia (a fall of €68 million).
In terms of sectors, imports of cereals other than wheat and rice and oilcakes rose the most, respectively increasing by €170 million and €134 million.
Previous monthly data on EU agri-food imports and exports.
11 April 2019