The monthly exports particularly increased for Russia (+86 million), China (+77 million), the USA (+58 million) and Korea (+55 million). For the 12-months period covering March 2016 to February 2017, EU agri-food exports reached a value of €132.2 billion, corresponding to an increase by 2.2% in value terms compared to the same period one year ago. Exports of pig meat did particularly well over the last 12 months with a recovery of +33% compared to the same period one year ago.

Monthly values for EU agri-food imports also increased in February 2017 compared to the year before (+1.5%) which means that the trade balance remains stable compared to February last year at €19 billion. This month's report focuses on EU agri-food trade with Serbia. The EU is a net-importer of agri-food products from this country. While the EU is more oriented towards exporting processed products, the imports from Serbia are mainly commodities and other primary products.

The full report is online.

Via europa.eu