Monitoring EU Agri-Food Trade: Development until October 2018
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1 Monitoring EU Agri-Food Trade: Development until October 2018 October 2018: best EU agri-food export performance ever The monthly value of EU agri-food trade in October 2018 was second biggest ever recorded (after March 2017), reaching EUR 13.1 billion in exports and EUR 10.1 billion in imports. Monthly export value set an all-time record, rising 2.9% above the previous record of March 2017 and 6.7% above the already impressive level of October Imports increased by 5.0% over a year ago and set a record for the month of October. The monthly agri-food trade surplus stood at EUR 3.0 billion an 13% increase from October 2017, and second biggest surplus on record (behind EUR 3.0 billion in October 2013). The highest increases in monthly export values (October 2018 compared to October 2017, EUR million) were recorded for USA (+186), Saudi Arabia (+86), Algeria (+78), Japan (+68) and Korea (+61), while exports fell most to Turkey (-111), Hong Kong (-27) and Sudan (-23). The record increase in export values this month was distributed fairly even between sectors, with beverages and commodities showing highest growth rates. Notable increases in exports were recorded for spirits and liqueurs (+167), other cereals (+93), wheat (+73) and wine and vermouth (+70). The value of October 2018 EU agri-food imports compared to October 2017 increased significantly for imports coming from the USA (+245), China (+80), Russia (+71), South Africa (+48) and Ivory Coast (+47). The value of imports from Argentina (-73), Indonesia (-41) Canada (-38) and Colombia (-38) went down the most. Significant increases were recorded in import values of cocoa beans (+98), other cereals (+87) and oilcakes (+75), while imports of unroasted coffee and tea (-75) and palm oil (-54) decreased the most in value terms. Extraction date for statistics: 12/12/2018 DG AGRI-A.1 1
2 Wine and spirits exports continue to perform well; sugar up 56% after end of production quotas For the 12-months period of November 2017 to October 2018, EU agri-food exports increased to EUR billion, corresponding to a slight improvement of 0.3% in value terms compared to the same period one year ago. Major gains in annual values (EUR million) have been achieved in agri-food exports to Ukraine (+272; +16%), Japan (+269; +4%), Singapore (+227; +10%) and Algeria (+142; +6%). The USA remains by far the largest market for EU agri-food exports, although a slight decrease was recorded over the past 12 months (-116; -0.5%). Annual export values reflect a downward trend for China (-622; -4%), which nevertheless remains the EU s second most important export market, and destinations in the Middle East, in particular the United Arab Emirates (-451; -15%) and Saudi Arabia (-391; -9%). In EUR million, wine and vermouth (+527; +4%), spirits and liqueurs (+464; +4%) and sugar (+429; +56%) exports have continued to perform very well over the last twelve months. Export performance on a yearly basis also increased notably for pasta and pastry (+278), as well as for waters and soft drinks (+212). On the other hand, milk powder (-494; -11%), raw hides and furskins (-464; -25%) and wheat (-346; -8%) exports have experienced the most significant drop in value terms (EUR million) on an annual basis. Other categories with notable losses in export values over the last 12 months were fruit (excluding citrus and tropical) (-340, -14%), pork meat (-307; -6%) and offal (-277; -9%). Poultry and olive oil import growth continues; Net trade surplus growth resumes Agri-food imports from third countries in the 12-months period between November 2017 and October 2018 accounted for EUR billion, i.e. a decrease of -2.5% compared to the same period one year ago. Owing to a steady export performance over the 12-months period, the export surplus increased after 2-month decline to EUR 22.4 billion (+3.3 billion; +17%). The most important origins for EU agri-food imports over the past 12 months (EUR billion) remain Brazil (12.0) and the USA (11.5), followed by China, Argentina, Ukraine, Switzerland, Turkey and Indonesia, each accounting for between EUR 4.4 and 5.5 billion. On a year-on-year basis, the value of agri-food imports (EUR million) from Indonesia has decreased significantly (-766; -15%). Imports also decreased quite noticeably from Argentina (-614; -11%), Australia (-476; -19%), Paraguay (-428; -41%) and Ivory Coast (-385; -10%). On the other hand, the value of imports from Brazil (+299; +3%) increased the most. Over the 12 months period, EU import values also went up for agri-food products coming from South Africa (+260; +10%), Tunisia (+255; +59%), Morocco (+190; +9%) and Pakistan (+185; +55%). Looking at product categories, the highest increases in import values over the last twelve months were recorded for other cereals (+415; +14%), fruit (excluding citrus and tropical) (+392; +6%), olive oil (+304; +88%) and poultry meat (+225; +76%). However, import values decreased significantly in particular for unroasted coffee and tea (-1023; -13%), palm oil (-801; -12%), sugar (-726; -51%) and cocoa beans (-629; -14%). The last table in the annex presents the trade balance and its development by product category. It is worth noting that over the past 12 months, the highest increase in net value of exports was achieved in sugar (EUR million), while the net import balance for unroasted coffee and tea (EUR +994 million) decreased most.
3 Table 1: EU28 agri-food exports top 20 destinations EU28 agri-food exports to. to to Extra-EU , ,7 United States of America , ,3 China , ,2 Switzerland , ,3 Japan , ,4 Russia , ,1 Norway , ,6 Hong Kong , ,0 Saudi Arabia , ,7 Canada , ,1 Turkey , ,4 Australia , ,0 Korea (Republic of) , ,3 United Arab Emirates , ,2 Algeria , ,1 Singapore , ,3 Ukraine , ,8 Israel , ,8 Brazil , ,3 South Africa , ,4 Morocco , ,1 other countries , ,6 Table 2: EU28 agri-food exports most important changes in October 2018 EU28 agri-food exports to. to to Extra-EU , ,7 United States of America , ,3 Saudi Arabia , ,7 Algeria , ,1 Japan , ,4 Korea (Republic of) , ,3 Israel , ,8 Jordan , ,6 Ukraine , ,8 Vietnam , ,8 Switzerland , ,3 Argentina , ,9 Iran (Islamic Republic of) , ,4 Pakistan , ,6 Colombia , ,0 Kenya , ,1 Serbia , ,1 Brazil , ,3 Sudan , ,1 Hong Kong , ,0 Turkey , ,4 other countries , ,7
4 Table 3: EU28 agri-food exports by product category PRODUCT/PERIOD to EU 28 EXPORT mio % mio % All agri-food products , ,7 Commodities , ,3 Other primary , ,8 Processed , ,8 Food preparations , ,5 Beverages , ,1 Non-edible , ,3 Wheat , ,4 Cereals, other than wheat and rice , ,2 Rice , ,9 Flours and other products of the milling industry , ,5 Malt , ,0 Starches, inulin & gluten , ,9 Soyabeans , ,1 Oilseeds, other than soyabeans , ,3 Palm & palm kernel oil , ,8 Vegetable oils other than palm & olive oil , ,8 Oilcakes , ,2 Other feed and feed ingredients , ,3 Beet and cane sugar , ,2 Sugar, other than beet & cane , ,3 Milk powders and whey , ,8 Butter , ,1 Gums, resins and plant extracts , ,6 Unroasted coffee, tea in bulk & mate , ,2 Cocoa beans , ,4 Cocoa paste and powder , ,8 Agricultural commodities, not specified , ,5 Live animals , ,6 Bovine meat, fresh, chilled and frozen , ,4 Pork meat, fresh, chilled and frozen , ,0 Poultry meat, fresh, chilled and frozen , ,9 Sheep and goat meat, fresh, chilled and frozen , ,2 Offal, animal fat & other meats, fresh, chilled & frozen , ,1 Fresh milk and cream, buttermilk and yoghurt , ,0 Eggs and honey , ,5 Vegetables, fresh, chilled and dried , ,6 Fruit, fresh or dried, excl. citrus & tropical fruit , ,7 Citrus fruit , ,4 Tropical fruit, fresh or dried, nuts and spices , ,1 Miscellaneous seeds and hop cones , ,1 Agricultural primary products, not specified Meat preparations , ,4 Cheese , ,0 Olive oil , ,7 Preparations of vegetables, fruit or nuts , ,8 Fruit juices , ,5 Wine, vermouth, cider and vinegar , ,8 Roasted coffee and tea , ,4 Chocolate, confectionery and ice cream , ,7 Infant food & other prep of cereals, flour, starch or milk , ,3 Pasta, pastry, biscuits and bread , ,8 Soups and sauces , ,3 Coffee and tea extracts , ,7 Food preparations, not specified , ,5 Pet food , ,0 Waters and soft drinks , ,4 Beer , ,8 Spirits and liqueurs , ,0 Odoriferous substances , ,0 Raw hides, skins and furskins , ,6 Non edible animal products , ,1 Wool and silk , ,4 Cotton, flax and hemp, and plaiting materials , ,8 Cut flowers and plants , ,0 Bulbs, roots and live plants , ,2 Raw tobacco , ,7 Cigars and cigarettes , ,9 Fatty acids and waxes , ,0 Sugar alcohols , ,4 Essential oils , ,2 Ethanol , ,0 Casein, other albuminoidal sub. & mod. starches , ,5 Non-edible, not specified , ,2 Products non-attributable , ,6 to
5 Table 4: EU28 agri-food imports top 20 origins EU28 agri-food imports from. to oct-17 to Extra-EU , ,0 Brazil , ,2 United States of America , ,5 China , ,8 Argentina , ,2 Ukraine , ,0 Switzerland , ,6 Turkey , ,2 Indonesia , ,2 Ivory Coast , ,2 India , ,3 South Africa , ,2 Chile , ,3 Vietnam , ,3 Morocco , ,0 New Zealand , ,9 Thailand , ,2 Colombia , ,7 Peru , ,2 Canada , ,1 Australia , ,6 other countries , ,4 Table 5: EU28 agri-food imports most important changes in October 2018 EU28 agri-food imports from. to to Extra-EU , ,0 United States of America , ,5 China , ,8 Russia , ,8 South Africa , ,2 Ivory Coast , ,2 Peru , ,2 Ukraine , ,0 Ghana , ,0 Thailand , ,2 Serbia , ,2 Australia , ,6 Vietnam , ,3 Chile , ,3 Moldova , ,9 Paraguay , ,4 Brazil , ,2 Colombia , ,7 Canada , ,1 Indonesia , ,2 Argentina , ,2 other countries , ,5
6 Table 6: EU28 agri-food imports by product category PRODUCT/PERIOD to EU 28 IMPORT mio % mio % All agri-food products , ,0 Commodities , ,3 Other primary , ,1 Processed , ,3 Food preparations , ,0 Beverages , ,9 Non-edible , ,6 Wheat , ,1 Cereals, other than wheat and rice , ,5 Rice , ,4 Flours and other products of the milling industry , ,5 Malt , ,5 Starches, inulin & gluten , ,3 Soyabeans , ,1 Oilseeds, other than soyabeans , ,9 Palm & palm kernel oil , ,1 Vegetable oils other than palm & olive oil , ,3 Oilcakes , ,0 Other feed and feed ingredients , ,3 Beet and cane sugar , ,1 Sugar, other than beet & cane , ,4 Milk powders and whey , ,6 Butter , ,6 Gums, resins and plant extracts , ,1 Unroasted coffee, tea in bulk & mate , ,1 Cocoa beans , ,6 Cocoa paste and powder , ,6 Agricultural commodities, not specified Live animals , ,6 Bovine meat, fresh, chilled and frozen , ,5 Pork meat, fresh, chilled and frozen , ,0 Poultry meat, fresh, chilled and frozen , ,7 Sheep and goat meat, fresh, chilled and frozen , ,0 Offal, animal fat & other meats, fresh, chilled & frozen , ,6 Fresh milk and cream, buttermilk and yoghurt , ,1 Eggs and honey , ,5 Vegetables, fresh, chilled and dried , ,1 Fruit, fresh or dried, excl. citrus & tropical fruit , ,0 Citrus fruit , ,8 Tropical fruit, fresh or dried, nuts and spices , ,1 Miscellaneous seeds and hop cones , ,9 Agricultural primary products, not specified , Meat preparations , ,9 Cheese , ,8 Olive oil , ,3 Preparations of vegetables, fruit or nuts , ,7 Fruit juices , ,2 Wine, vermouth, cider and vinegar , ,3 Roasted coffee and tea , ,8 Chocolate, confectionery and ice cream , ,7 Infant food & other prep of cereals, flour, starch or milk , ,7 Pasta, pastry, biscuits and bread , ,0 Soups and sauces , ,4 Coffee and tea extracts , ,6 Food preparations, not specified , ,8 Pet food , ,8 Waters and soft drinks , ,1 Beer , ,5 Spirits and liqueurs , ,7 Odoriferous substances , ,0 Raw hides, skins and furskins , ,2 Non edible animal products , ,5 Wool and silk , ,0 Cotton, flax and hemp, and plaiting materials , ,1 Cut flowers and plants , ,7 Bulbs, roots and live plants , ,7 Raw tobacco , ,9 Cigars and cigarettes , ,0 Fatty acids and waxes , ,5 Sugar alcohols , ,7 Essential oils , ,6 Ethanol , ,3 Casein, other albuminoidal sub. & mod. starches , ,2 Non-edible, not specified , ,8 Products non-attributable , ,2 to
7 Table 7: EU28 agri-food trade balance (exports imports) by product category PRODUCT/PERIOD EU28 TRADE BALANCE to mio % mio % All agri-food products ,2% ,1% Commodities ,3% ,1% Other primary ,2% ,3% Processed ,0% ,0% Food preparations ,1% ,9% Beverages ,8% ,4% Non-edible ,1% ,6% Wheat ,6% ,9% Cereals, other than wheat and rice ,8% ,8% Rice ,9% ,3% Flours and other products of the milling industry ,1% ,3% Malt ,6% ,9% Starches, inulin & gluten ,7% ,4% Soyabeans ,7% ,5% Oilseeds, other than soyabeans ,6% ,2% Palm & palm kernel oil ,3% ,6% Vegetable oils other than palm & olive oil ,48 7,70 30 Oilcakes ,9% ,4% Other feed and feed ingredients ,5% ,1% Beet and cane sugar ,2% Sugar, other than beet & cane ,4% ,2% Milk powders and whey ,2% ,0% Butter ,1% ,6% Gums, resins and plant extracts ,7% ,8% Unroasted coffee, tea in bulk & mate ,1% ,2% Cocoa beans ,5% ,8% Cocoa paste and powder ,2% ,9% Agricultural commodities, not specified ,3% ,4% Live animals ,0% ,8% Bovine meat, fresh, chilled and frozen ,5% ,3% Pork meat, fresh, chilled and frozen ,0% ,2% Poultry meat, fresh, chilled and frozen ,5% ,1% Sheep and goat meat, fresh, chilled and frozen ,8% ,8% Offal, animal fat & other meats, fresh, chilled & frozen ,0% ,0% Fresh milk and cream, buttermilk and yoghurt ,7% ,9% Eggs and honey ,6% -0,16 13,18 13,35 Vegetables, fresh, chilled and dried ,0% ,6% Fruit, fresh or dried, excl. citrus & tropical fruit ,1% ,0% Citrus fruit ,5% ,9% Tropical fruit, fresh or dried, nuts and spices ,3% ,3% Miscellaneous seeds and hop cones ,9% ,8% Agricultural primary products, not specified -2,6-0,3 2 90,1% Meat preparations ,8% ,3% Cheese ,5% ,0% Olive oil ,2% ,0% Preparations of vegetables, fruit or nuts ,0% ,2% Fruit juices ,5% ,7% Wine, vermouth, cider and vinegar ,5% ,9% Roasted coffee and tea ,3% ,5% Chocolate, confectionery and ice cream ,4% ,0% Infant food & other prep of cereals, flour, starch or milk ,5% ,7% Pasta, pastry, biscuits and bread ,4% ,2% Soups and sauces ,6% ,4% Coffee and tea extracts ,8% ,4% Food preparations, not specified ,4% ,6% Pet food ,3% ,1% Waters and soft drinks ,3% ,5% Beer ,1% ,9% Spirits and liqueurs ,7% ,8% Odoriferous substances ,4% ,7% Raw hides, skins and furskins ,1% ,9% Non edible animal products ,5% ,0% Wool and silk ,0% ,9% Cotton, flax and hemp, and plaiting materials ,3% ,9% Cut flowers and plants ,9% ,6% Bulbs, roots and live plants ,9% ,8% Raw tobacco ,2% ,5% Cigars and cigarettes ,3% ,8% Fatty acids and waxes ,5% ,6% Sugar alcohols ,7% ,7% Essential oils ,1% ,7% Ethanol ,3% 0,33-16,09-16 Casein, other albuminoidal sub. & mod. starches ,3% ,7% Non-edible, not specified ,3% ,1% Products non-attributable ,8% ,2% to
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