EU June agri-food trade report shows rebound of EU exports in February 2023

The latest EU agri-food trade report published on 8 June showed that EU agri-food trade further increased its surplus by 33% month-to-month to reach €5.4 billion. Exports reached €18.6 billion in value terms, which is 10% higher than February 2022. At the same time, EU imports were at €13.3 billion, as they declined for the third month in a row. These are the main findings of the latest monthly agri-food trade report published today by the European Commission.

The top export products driving the increase were cereal preparations, preparation of fruit and nuts and dairy products.

Fruit and nuts imports increased due to quantity increase, and overtook the second place from coffee, tea, cocoa, and spices in value terms

More information: https://agriculture.ec.europa.eu/system/files/2023-06/monitoring-agri-food-trade_feb2023_en.pdf

Contact: Lebo Mofolo, lmofolo@frucom.eu