EU reinforces its leading position in global agri-food trade
2020 marked another improvement in the EU's leading position among the world's biggest exporters of agri-food products. On the import side, the EU has become the third largest importer after the United States and China, according to a report published yesterday.
2020 was an exceptionally challenging, yet successful year for EU agri-food trade, which reached a total value of €306 billion: €184 billion in exports and €122 billion in imports. Both values represent a slight growth of 1.4% and 0.5% respectively, compared to 2019.
International trade has played a crucial role in mitigating the devastating economic impact of the COVID-19 pandemic and proved to be a central tool in enhancing resilience. The EU is the largest trading bloc and a wide-ranging network of free trade agreements (FTAs) underpins its position in world trade.
Janusz Wojciechowski, Commissioner for Agriculture, yesterday said:
“Promoting open and fair trade is a political priority for the European Commission which greatly benefits our farmers. The success of agricultural trade is clearly linked to the Common Agricultural Policy, which supports competitiveness and innovation, and also to the excellent reputation of our products as being safe, sustainably produced, nutritious and of high quality.”
Latest News from
NextGenerationEU: European Commission disburses €237 million in pre-financing to Latvia13/09/2021 10:25:00
The European Commission recently (10 September 2021) disbursed €237 million to Latvia in pre-financing, equivalent to 13% of the country's financial contribution as established in the Council Implementing Decision.
COVID-19: Council adds Uruguay and removes six countries from the list of countries for which travel restrictions should be lifted10/09/2021 15:25:00
Following a review under the recommendation on the gradual lifting of the temporary restrictions on non-essential travel into the EU, the Council updated the list of countries, special administrative regions and other entities and territorial authorities for which travel restrictions should be lifted.
Strengthened EU export control rules kick in10/09/2021 13:25:00
The EU is strengthening its ability to respond to new security risks and emerging technologies.
NextGenerationEU: European Commission disburses €157 million in pre-financing to Cyprus10/09/2021 11:33:00
The European Commission yesterday disbursed €157 million to Cyprus in pre-financing, equivalent to 13% of the grant and loan component of the country's financial allocation.
2021 Strategic Foresight Report: Enhancing the EU's long-term capacity and freedom to act10/09/2021 09:25:00
The Commission recently (08 September 2021) adopted its second annual Strategic Foresight Report – “The EU's capacity and freedom to act”*.
European Citizens' Initiative: Commission decides to register new citizens' initiative09/09/2021 15:25:00
The European Commission yesterday decided to register a European Citizens' Initiative entitled ‘Ensuring Common Commercial Policy conformity with EU Treaties and compliance with international law'.
Council gives final go-ahead to seven-year funding for accession partners09/09/2021 13:25:00
Member states yesterday gave the final green light to almost 14.2 billion euro of pre-accession financial assistance for the period 2021–2027 in favour of the Republic of Albania, Bosnia and Herzegovina, Kosovo*, Montenegro, the Republic of North Macedonia, the Republic of Serbia and the Republic of Turkey.
Statement by Commissioner for Crisis Management Janez Lenarčič on the International Day to Protect Education from Attack09/09/2021 12:25:00
Statement given by Commissioner for Crisis Management Janez Lenarčič on the International Day to Protect Education from Attack.
“EU’s Digital Revolution: fueling our connectivity strategy” - keynote speech by President Charles Michel at the Tallinn Digital Summit09/09/2021 11:33:00
“EU’s Digital Revolution: fueling our connectivity strategy” – keynote speech given recently (07 September 2021) by President Charles Michel at the Tallinn Digital Summit.