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EU agri-food exports: Increase of 3.7% year-on-year

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 published by the European Commission.

According to ec.europa.eu, 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).

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