News19 April 2018BrusselsAgriculture and Rural Development
Positive EU trade balance in February
The latest monthly trade report published on 19 April shows that the EU trade balance in February 2018 for agri-food products increased to a surplus of €1.7 billion, compared to a surplus of €1.3 billion in February last year.
Highest increases in monthly export values were recorded for Turkey, Brazil and Singapore. By sector, the highest export growth was achieved in sugar, wine and infant food among others. When looking back at the past 12 months, EU agri-food exports reached a value of €138 billion corresponding to an increase of 4.1% in value terms.
This monthly report again provides a table presenting the trade balance and its development by product category since March 2016. The largest gains in net exports were achieved in wine, while exports of wheat decreased. At the same time, net imports increased most for other cereals and decreased most for cocoa beans.