The EU’s agri-food trade balance reached a new record in April 2016 on the back of agri-food exports growing by 2.8% during the past 12 months, according to the latest monthly statistical report from the European Commission (EC).
Reporting an agri-food trade balance of €1.5 billion (£1.15bn) for the month, the EC said exports to China had been “particularly significant” during the reported period, finishing 29% up on April 2015 figures.
Exports of eggs (and honey) increased by 25.6% during the year, registering one of the EU’s major growth areas.
The opposite was true for poultry meat, however, which showed a 5% reduction in exports during the year.
In relation to imports, eggs were up by 15.9% during the year, while poultry meat imports rose by 6.7%. In both cases, however, export totals significantly outweighed imports.
