Author (Corporate) | European Commission: DG Agriculture and Rural Development |
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Publisher | European Union |
Series Title | MAP Newsletter ('Monitoring Agri-trade Policy') |
Series Details | MAP 2021-2 |
Publication Date | September 2021 |
Content Type | Report |
Summary: In 2020, the European Union's 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 previous year. It was considered by the European Commission as a challenging, yet successful year for the sector. China, Switzerland and the Middle East and North Africa region were the major growth destinations for EU agri-food exports in 2020. The value of EU exports fell most to the United States, Turkey, Singapore and Japan. In terms of imports, Canada grew significantly as a source for EU imports. At the same time, EU imports declined most in value from the United Kingdom, Ukraine and the United States. Even so, the United Kingdom was the EU's most important partner in agri-food trade, with a share of 23% in total EU agri-food exports and 13% in total imports. |
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Source Link | https://ec.europa.eu/info/sites/default/files/food-farming-fisheries/trade/documents/map-2021-2_en.pdf |
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Subject Categories | Business and Industry, Trade |
Subject Tags | Agriculture, Export | Import Markets, External Trade | Trade Agreements, Food | Drinks |
International Organisations | European Union [EU] |