Publication of latest agri-food trade figures: EU agri-food trade balance has an increasing surplus
The latest monthly trade report published today by the European Commission, shows that the value of EU agri-food exports in September 2017 kept its very high level, now at €11.7 billion. The trade balance further improved to a surplus of €2.8 billion, with agri-food imports to the EU going down to a monthly value of €8.8 billion. Over the past 12 months, wine and milk powders exports have been performing very well, while exports of wheat and other cereals decreased. Agri-food imports from third countries increased by 4% compared to the same period one year ago. Imports from Indonesia increased most significantly. The full report is online.