Brussels, 26 July 2023
After the record high exports in March 2023, the EU agri-food trade slowed down in April 2023. Overall, EU exports remained at €17.8 billion in April 2023 due to higher exports prices, while EU imports were at €13 billion resulting in an agri-food surplus of +€4.8 billion. These are the main findings of the latest monthly agri-food trade report published today by the European Commission.
In April 2023, a reduction in imports was observed across most products. Reduced imports were observed from Russia, Argentina, China, the Philippines and Moldova. On the other hand, imports of sugar and isoglucose have increased significantly. The most imported goods in value continued to be oilseed and protein crops, fruit and nuts, and coffee, tea, cocoa and spices.
The top three destinations for EU agri-food exports between January and April 2023 remained the United Kingdom, the United States, and China.
The top three countries of origin of imports between January and April 2023 were Brazil, the United Kingdom and Ukraine.
More insights as well as detailed tables are available online.
Source – EU Commission