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Wine & spirits, dairy exports go up

Wine & spirits, dairy exports go up

The EU Directorate General for Agriculture released February data on imports and exports of the EU agri-food sector
April 21, 2018

Agri-European Food Trade: Golden February for Turkey, Brazil, Singapore. The EU Directorate General for Agriculture released February data on imports and exports of the EU agri-food sector.

Wine & spirits, dairy exports go up, offset decrease in cereals, pork and fruit & vegetables For the 12-months period of March 2017 to February 2018, EU agri-food exports reached a value of EUR 138.0 billion, corresponding to a sustained increase by 4.1% in value terms compared to the same period one year ago. Major gains in annual values have been achieved in agri-food exports to the USA (EUR +0.9 billion; +4%), Russia (EUR +0.7 billion; +13%) and several Asian markets: Japan (EUR +0.6 billion; +10%), Hong Kong (EUR +0.3 billion; +8%), China (EUR +0.3 billion; +3%) and Philippines (EUR +0.3 billion; +26%). Further annual increases were recorded in agrifood exports to Turkey (EUR +0.6 billion; +18%) and Ukraine (EUR +0.3 billion; +18%) while increases of more than EUR 0.2 billion also took place in exports to Korea, Nigeria, Australia, Serbia, Singapore and Switzerland in the last twelve-month period.