In contrast to a forecast exercise, this analysis compares two variants of a trade liberalisation scenario (conservative and ambitious) to a business-as-usual (baseline) situation in 2030. The study confirms that the analysed free trade agreements have the potential to benefit the EU agri-food sector when considered simultaneously. It also highlights the vulnerability of the beef, sheep meat, poultry, sugar, and rice sectors.
Slight increase in EU27 agri-food trade despite Coronavirus and Brexit challenges
Continued strong exports of EU pork and wheat helped to mitigate the trade challenges of Covid-19 and Brexit in the first five months of 2020.