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EU agri-food imports increased 9 billion euros

Staff writer |
EU agri-food exports in December 2015 reached 11.2 billion euros, thus exceeding the value of previous years for the same month by almost EUR 1 billion.

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This is an up-take of more than 9% compared to the usual export values in December.

Highest increases in monthly export values were recorded for USA, China and Japan, as well as for some Middle East countries (Saudi Arabia and United Arab Emirates), while the most important reductions were in exports to Hong Kong, Algeria and again, Russia.

The highest increases in monthly export values were witnessed for wheat (EUR +168 million compared to December 2014) as well as for vegetables (EUR +76 million) and for pork (EUR +72 million).

Monthly export values in December 2015 compared to December 2014 went down in particular for milk powders (EUR -20 million) and for hides and skins (EUR -32 million) and other non-edible products.

In December 2015 agri-food imports to the EU increased to EUR 9.6 billion form EUR 8.9 billion in December 2014.

The highest increase in monthly imports was from Ukraine, followed by imports from USA and Australia. Imports went down in particular from Indonesia in December 2015 compared to December 2014.

The trade balance for all EU agri-food products in 2015 showed a surplus in exports of about EUR 16 billion, at bit lower than in 2014 (EUR 18 billion).

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