Monitoring EU agri-food trade report: positive trade balance for preparations of fruit, nuts and vegetables
23 JUNE 2022The latest EU agri-food trade report covers developments until February 2022. Notable highlights are:
-The total value of EU agri-food trade was 28.3 billion in February 2022, an 18% increase compared to the same month last year.
-Exports rose by 11% to 16.6 billion, while imports grew by 30% to reach 11.7 billion, reflecting a trade balance of 4.9 billion. This marks an increase of 52% compared to January 2022.
-From the U.S., the EU imported mainly oilseeds and protein crops as well as fruit and nuts. While the import value increased, quantities slightly declined.
-In relation to trade with the Sahel, the second largest category of imports is is fruit and nuts, for which EU imported € 248 million. This region comprises Burkina Faso, Cameroon, Chad, The Gambia, Guinea, Mauritania, Mali, Niger, Nigeria and Senegal.
AGRI-FOOD TRADE BALANCE (MILLION EUR)
| TRADE BALANCE | |||
| PRODUCT/PERIOD | Exports Jan-Feb 2022 | Imports Jan-Feb 2022 | Trade balance Jan-Feb 2022 |
| Preparations of fruit, nuts and vegetables | 1,386 | 954 | 432 |
More information: https://ec.europa.eu/info/sites/default/files/food-farming-fisheries/trade/documents/monitoring-agri-food-trade_feb2022_en.pdf
Contact: Lebo Mofolo, lmofolo@frucom.eu