FDBusiness.com

Positive Trade Balance for EU Agri-food Products After Record Value in Monthly Exports

 Breaking News
  • ‘Latte Levy’ – Coffee Drinkers Want to Go Green, But Price is a Barrier As the UK Government aims to eliminate avoidable waste with the announcement of its 25-Year Environmental Plan, Mintel research reveals that Britain’s coffee shop drinkers are happy to do their bit for the environment, but not at any cost. 40% of out of home hot drinks consumers wouldn’t mind paying extra for drinks served in 100% [...]...
  • US Beverage Alcohol Volumes Decline Again in 2017 The IWSR, the leading provider of data and analysis on the global beverage alcohol market, has released initial 2017 category results for the US market as part of its US Beverage Alcohol Review (US BAR) database. After analyzing preliminary 2017 volume, the IWSR says total US beverage alcohol consumption declined for the second consecutive year [...]...
  • Revised Safe Intake For 3-MCPD in Vegetable Oils and Food EFSA’s experts have used an updated scientific approach to reassess the possible long-term adverse effects of the food processing contaminant 3-MCPD on the kidney and male fertility. Consumption levels of 3-MCPD in food are considered safe for most consumers but there is a potential health concern among high consumers in younger age groups. In the worst [...]...
  • £500,000 Investment Doubles Advanced Dynamics’ Capacity Advanced Dynamics Ltd, one of the UK’s leading packaging and labelling equipment suppliers, has crowned a highly successful trading year with a significant investment totalling £500,000 in expanded premises, extended stock, additional jobs and a sophisticated new ERP system. The company started with the acquisition of a neighbouring unit that doubles its engineering capacity to around [...]...
  • UK Food and Grocery Convenience Market Will Grow by 22.0% by 2022 The UK food and grocery convenience market will grow 4.1% in 2018, outperforming the total UK food and grocery market by 0.9 percentage points (ppt), according to GlobalData, a leading data and analytics company. The company’s latest report: ‘Convenience Retailing in the UK 2017’ states that the highest growth category in convenience retail* will be food, [...]...

Positive Trade Balance for EU Agri-food Products After Record Value in Monthly Exports

Positive Trade Balance for EU Agri-food Products After Record Value in Monthly Exports
May 23
12:05 2017

According to the latest figures published by the European Commission, the monthly value of EU agri-food exports in March 2017 reached a value of almost €12.7 billion, which is €1.31 billion (+11.3%) higher than in March 2016. This is the highest monthly export value seen over the last 5 years.

Highest increases in monthly export values (March 2017 compared to March 2016) were recorded for the USA, Japan, Russia and Switzerland. Following the strong increase in exports, the trade balance in March 2017 reached €1.8 billion. When looking at the last 12 months, from April 2016 to March 2017, EU agri-food exports reached a value of €133.5 billion, corresponding to an increase by 3.6% in value terms compared to the same period one year ago.

Focusing on the EU export performance per product category over the last twelve months, it confirms the trend of pig meat exports’ recovery. Main origins for EU agri-food imports over the past 12 months were Brazil, USA, Argentina and China, followed by Switzerland, Turkey, Indonesia, Ukraine and Ivory Coast.

About Author

mike

mike

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • January 16, 2018Sival Plant Production Trade Show
  • January 17, 2018Anfas Food Product
  • January 17, 2018Dutch Organic Trade Fair
  • January 19, 2018International Green Week
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements