July 2, 2018
EU agri-food exports up 3.7% in April; milk powder considerably down
The value of EU agri-food exports in April rose 3.7% compared with the same month last year, but import value decreased 2%, resulting in the monthly agri-food trade surplus rising to €1.5 billion, a 66% increase over April 2017.
According to the latest monthly trade report of the European Commission, milk powder exports decreased most in value terms (down €54 million), while the highest export growth was achieved in raw hides and skins (€93 million).
The highest increases in monthly export values (April 2018 compared with April 2017) were recorded for the US (up €64 million), Japan (€59 million), Algeria (€40 million) and Switzerland (€37 million), while exports fell most to Saudi Arabia (down €92 million), Turkey (€71 million) and the UAE (€38 million).
For imports, bovine meat, among others, saw the biggest increases in value terms, while significant decreases were recorded in imports that included oilcakes and palm oil.
