The EU remains the world's leading agro-food exporter (€120 billion in exports). It is also the world's largest importer of agricultural products, but has enjoyed an agricultural trade surplus since 2010: more goes out than comes in. Last year's surplus is pegged at €18.6 billion.
South Africa recorded a high growth rate in exports to the EU in 2013, mainly with fruits and wine.
Only 2.8% of EU agro-food imports are from least developed countries (LDCs), but the figure is larger than that the LDC exports to Canada, the US, Australia, New Zealand and Japan combined.
Up to now, Russia has been the second biggest export market for the EU (developing countries are the EU's number one market). We are yet to see what the damage will be as a result of the recent volley of sanctions. An interesting chart accompanies the report Which foods are off Russian menus on CNN.
Find the European Commission report Agricultural trade in 2013: EU gains in commodity exports.
Your work has always been a great source of inspiration for me. I refer you blog to many of my friends as well.
ReplyDelete