Latest agri-food trade figures: solid EU export performance continues
The EU agri-food trade has remained largely stable according to the latest monthly report. EU exports have been holding firm at 11.5 billion and, though imports have overall slightly decreased, there has been a noticeable increase in goods imported from the US.
This has been largely due to a rise in the value of soybean imports. Exports to Singapore and Japan grew considerably reflecting the strong performance of EU products on these markets during the last year. European wines continue to perform well on international markets, with exports growing by 82 million compared to the same period last year.
Other sectors that have seen strong growth include spirits and liqueurs, as well as sugar.