EU registers growth in agri-food trade
2020 was a challenging but ultimately positive year for the EU’s agri-food exporters, while on the import side, the EU became the third largest importer after the US and China, according to a report published by the European Commission last week.
In 2020, EU agri-food trade reached a total value of €306 billion: €184 billion in exports and €122 billion in imports. Both values represent a slight growth of 1.4% and 0.5% respectively, compared to 2019.
Janusz Wojciechowski, Commissioner for Agriculture, said:
The growth in EU agri-food imports was mainly driven by increases in import values for fruit, oilseeds, fatty acids and waxes, palm oil, and soya beans.
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