Tuesday, March 21, 2023

EU agri-food trade reaches 31,400 million euros in April

BRUSSELS (EuroEFE) – The European Union’s (EU) agri-food trade reached a total of 31,400 million euros in April 2022, representing an increase of 14% compared to the same month last year, according to data published Thursday. by the European Commission (EC).

Exports of agricultural products from the Community Club decreased by 5.4% in April compared to March 2022, mainly due to a decline in exports to Russia (down 26%) and China (down 11%).

Meanwhile, imports stood at 13.5 billion euros, down 1.2% compared to March, giving rise to an agri-food trade balance of 4.4 billion euros in the fourth month of 2022, down 16% from the third month of this year. Is.

Between January and April, a 10% increase in exports and a 28% increase in imports due to “high world prices” exceeded trade flows recorded in the same period in 2021, Brussels said in a statement. .

The commission also took note of Effect of Russian invasion of Ukraine On agri-food trade in April and highlighted that corn imports from Ukraine fell sharply in March and April, down 35% year-on-year, as well as less than Serbia (77%).

However, corn imports from the United States, Canada, Moldova and Brazil “partially compensate for this supply chain disruption.”

Election commission also indicated Monthly increase in exports to Ukraine, which grew by 93% compared to MarchWith “particularly strong” buoyancy in pork, poultry, flour and flax.

Similarly, he emphasized the increase in exports to sub-Saharan Africa, especially oilseeds (83% higher in quantity), cereals (27%) more and grain preparations (14% higher).

Imports from the United Kingdom and China fell

As for imports, there has been a significant decline on the monthly basis from the UK and China, the EC noted.

In the case of the United Kingdom, the shortage was due, above all, to spirits and liqueurs. (19% less), confectionery and chocolate (24% less) and cereal preparation and grinding products (17% less).

Imports from China reduced in practically all categoriesBut oil and protein crops (69% less in quantity) and coffee, tea, cocoa and spices (down 25%) remained out.

Cereal and pork export

By products throughout the European Union, The value of food grains exports registered a major growth of 26% in the first four months of 2022., Similarly, grain preparation and grinding products (15%) higher) and dairy products (13% higher) stood out.

opposite of this, Pork and horticulture exports dropped 24% and 3% This is due, respectively, to a continued decline in pig demand from China and a decline in demand for horticultural products in the UK and Russia.

During the first four months of 2022, exports to the UK, US and Japan increased, while exports to Russia, China and Ukraine fell.

Editing by Sandra Munichio

Nation World News Desk
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