In August 2022 EU agri-food trade reached the highest point in the year at €35 billion
Today we publish the Commission’s monthly trade report, featuring a special focus on trade flows between the EU and India. #EUTrade
https://agriculture.ec.europa.eu/news/latest-monthly-agri-food-trade-report-august-2022-11-29_en
🐦🔗: https://n.respublicae.eu/EUAgri/status/1597548394750566400
Key figures (monthly change / compared to July 2022)
Total agri-food trade: €35 billion
Exports: €20.3 billion ↗️ (+6%)
Imports: €14.7 billion ↗️ (+3%)
🐦🔗: https://n.respublicae.eu/EUAgri/status/1597548677228564481
Imports mainly came from Brazil 🇧🇷, the UK🇬🇧 and Ukraine🇺🇦.
🧐EU imports from Ukraine increased by 19%, rapeseed (+469%) and wheat (+246%).
👉Summer drought triggered a significant raise of EU maize imports from different origins
🐦🔗: https://n.respublicae.eu/EUAgri/status/1597549162085908481
The biggest export values were for
🥣cereal preparations (€1.7 billion)
🌾wheat (€ 1.6 billion) and
🍷wine (€1.4 billion)
👉Large shares of EU wheat exports are going to the Middle East/North Africa (MENA) region and to sub-Saharan Africa.
🐦🔗: https://n.respublicae.eu/EUAgri/status/1597548921857118211