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August 14, 2018
The EU is the largest global exporter and importer of agri-food products
With an agri-food trade value of 255 billion in 2017, the European Union (EU) remains the largest global exporter and importer of agri-food products.
EU exports of agri-food products reached 138 billion in 2017, representing an annual increase of 5.1%. With imports at a value of 117 billion, the EU has a net trade surplus of 21 billion in its agri-food trade.
The EU exports a wide range of products from all parts of the value chain, from commodities and other primary products, processed agricultural products (such as cheese and wine) to highly processed food industry products. The EU's flagship products leading exports are wine and spirits, infant food, food preparations, chocolate and pig meat.
Regarding imports, the EU is in essence sourcing three main types of products from non-EU countries: products that are not (or only to a small extent) produced in the EU itself due to natural conditions (such as tropical fruits, coffee, etc.), products that are mostly used for animal feed and products that are used as ingredient in further processing.
The top five world agri-food importers are, in order: The European Union, the United States, China, Japan and Canada.
The top five world agri-food exporters are: The European Union, the United States, Brazil, China and Canada.
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