EU agri-food exports in November 2016 reached a new record monthly level of €11.7 billion (£10.17 bn) with the highest single product increase in export value over the last 12 months being recorded for pork.
“Considering a slight decrease in agri-food imports from third countries, the EU now has a trade surplus in agri-food products at €19 bn (£16,5 bn) over 12 months,” said the EU, adding that major gains in values over the 12-months to November 2016 were achieved in agri-food exports to the USA (+8%) and China (+11%).
“The pigmeat sector is also confirming its recovery after testing times last year. Indeed, the highest increase in export value over the last 12 months was recorded for pork: €+1.3 bn (£1.13 bn) which represents +34% compared to export values in the previous 12 months.