Agri-food, the European market is growing: in 2021 +6.1% compared to 2020


Strong growth in the EU agri-food market. The data recorded by the European Commission show that for the January-September 2021 period the total value of the agri-food trade of the Member States (exports plus imports) amounts to 239.5 billion euros, an increase of 6,1% compared to the same period of the last year. Exports increased by 8%, amounting to 145.2 billion euros, with an increase in imports of 3.5%, which allowed to reach a total turnover of 94.2 billion euros. These figures reflect an overall surplus in agri-food trade equivalent to 51 billion euros for the first nine months of the year, an increase of 17% compared to the same period of 2020.             

Sales to the United States of America increased by 15%, mainly thanks to exports of wine, spirits, liqueurs, chocolate and confectionery. The exports to South Korea, which favours the purchase of wine, pork, wheat and meslin, and those to Switzerland, are also increasing. Agri-food exports to the United Kingdom also performed well, exceeding for the first time in 2021 the amount of the corresponding period of the previous year by 166 million euros. These excellent performances are offset by sales to Saudi Arabia, Hong Kong and Kuwait, which have fallen significantly in value.

As far as the imports are concerned, the greatest increase was recorded for products from Brazil, with an increase of 1,4 billion euros, equal to a +16 % compared to the same period of 2020. Imports from Indonesia, Argentina, Australia and India also increased. On the other hand, substantial decreases were noted in imports from several countries, the most significant being the decrease of 2.9 billion euros, or 27 %, from the United Kingdom, followed by imports from the United States, Canada, New Zealand and Moldova.

Internationalisation and export, Agriculture