Pigmeat shows up as the top export performer in the latest agri-food figures from the EU, covering the 12 months to July 2016.
During that time, pork achieved a 29% improvement in value terms over July 2015, registering the highest growth of all listed items.
“The monthly value of EU agri-food exports in July 2016 reached €10.5 billion (£9.1bn), which was down by almost €700 million (£610m) on the high performance in July 2015 and also slightly lower than in June 2016,” stated the EU report.
“Most important reductions in export values (July 2016 compared to July 2015) were noted for Hong Kong (minus €83m), Russia (minus €81m) and Algeria (minus €74m). On the other hand, exports to some Asian countries (India, China, Philippines and Vietnam) and some North-East African countries (Sudan, Ethiopia and Libya) were increased compared to last year’s July data.”
In the midst of all that, monthly export values for pork rose by the equivalent of £950m compared to export values one year ago.