Considering that agri-food imports from third countries in the 12-months period November 2015 to October 2016 slightly decreased to reach €112 billion, the export surplus for the 12-months period thus increased to more than €18 billion. The latest figures from October 2016 show that Japan has now overtaken Russia as the 4th most important export destination of EU agri-food products after the USA, China and Switzerland. The EU net-surplus in agri-food trade with Japan has been around €5 billion annually for the last years. EU producers mainly export to Japan pork, wine and vermouth, cheese and spirits and liqueurs.

Via ec.europa.eu