Agri-food trade sustains growth in spite of the Covid-19 crisis and Brexit

The value of EU27 exports to the UK fell by €521 million in the first half of 2020
Agri-food trade sustains growth in spite of the Covid-19 crisis and Brexit

EU agri-food exports continued to perform strongly in China and the Middle East and North Africa. Picture: Getty Images

Despite the economic crisis sparked by Covid-19 and uncertainties related to Brexit, EU-27 agri-food trade continued to grow in the first six months of 2020.

Between January and June, the value of EU27 agri-food exports totalled €90.2 billion (a rise of almost 3% compared to the same period in 2019), while the value of imports increased to €62.7bn (a rise of nearly 2.5%). Therefore the EU had an agri-food trade surplus of €27.4bn during this period, an increase of 3% compared to the corresponding months of 2019.

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