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    Home > Food News > Food Articles > The EU is still the largest food exporter

    The EU is still the largest food exporter

    • Last Update: 2021-09-18
    • Source: Internet
    • Author: User
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    Bulgaria's "economy.
    bg" reported on September 9 that according to the latest research report, in 2020, the EU 's leading position in the world's largest food exporter will once again rise
    .
    In terms of imports , the EU is already the third largest importer after the United States and China
    .
     
    2020 is a very challenging but successful year for EU food trade.
    The total trade volume reached 306 billion euros, of which 184 billion euros were exported and 122 billion euros were imported
    .
    Compared with 2019, these two indicators achieved slight growth of 1.
    4% and 0.
    5% respectively
    .
    International trade has played a key role in mitigating the devastating economic impact of the epidemic and has proven to be a key tool for improving sustainability
    .
     
      EU export products cover all links of the value chain, which demonstrates the competitiveness of the EU food sector in different product categories from basic commodities to deep-processed foods
    .
    The most exported products include wine, pasta and chocolate
    .
    From the perspective of product categories, the export of pork and wheat has made a significant contribution to the growth of the total export volume of the EU food industry
    .
    China, Switzerland, the Middle East and North Africa are the main countries that will affect the growth of EU food exports in 2020
    .
    The European Union’s exports to the United States, Turkey, Singapore and Japan fell the most
    .
     
      As far as EU imports are concerned, basic agricultural food and feed products clearly dominate, accounting for about 75% of total imports
    .
    The increase in EU food imports is mainly due to increased imports of oilseeds, fatty acid and wax preparations, palm oil, fruits and soybean seeds
    .
    The proportion of imports from Canada has increased significantly
    .
    At the same time, EU imports from the United Kingdom, Ukraine and the United States have fallen the most
    .
    The UK accounts for 23% of total exports and 13% of total imports, making it the EU's most important food trading partner in 2020
    .
    Food export imports U.
    S.
    China
     
      2020 is a very challenging but successful year for EU food trade.
    The total trade volume reached 306 billion euros, of which 184 billion euros were exported and 122 billion euros were imported
    .
    Compared with 2019, these two indicators achieved slight growth of 1.
    4% and 0.
    5% respectively
    .
    International trade has played a key role in mitigating the devastating economic impact of the epidemic and has proven to be a key tool for improving sustainability
    .
     
      EU export products cover all links of the value chain, which demonstrates the competitiveness of the EU food sector in different product categories from basic commodities to deep-processed foods
    .
    The most exported products include wine, pasta and chocolate
    .
    From the perspective of product categories, the export of pork and wheat has made a significant contribution to the growth of the total export volume of the EU food industry
    .
    China, Switzerland, the Middle East and North Africa are the main countries that will affect the growth of EU food exports in 2020
    .
    The European Union’s exports to the United States, Turkey, Singapore and Japan fell the most
    .
     
      As far as EU imports are concerned, basic agricultural food and feed products clearly dominate, accounting for about 75% of total imports
    .
    The increase in EU food imports is mainly due to increased imports of oilseeds, fatty acid and wax preparations, palm oil, fruits and soybean seeds
    .
    The proportion of imports from Canada has increased significantly
    .
    At the same time, EU imports from the United Kingdom, Ukraine and the United States have fallen the most
    .
    The UK accounts for 23% of total exports and 13% of total imports, making it the EU's most important food trading partner in 2020
    .
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