EU agri-food surplus increases to EUR 30.1 billion

Athe accumulated exports from January to June totalled EUR 117.2 billion (ME), which represents a 2% decrease from 2025, mainly due to the decrease in the export value of cocoa products, pigmeat and olive oil.

As far as olive oil is concerned, exports of olives and olive oil fell by EUR 432 million (-13%), due to the fall in olive oil prices (-6%) and volumes (-7%), in particular to the USA, but also to Canada, Australia and Japan.

The Commission also notes that exports to Egypt increased by 22%, mainly driven by wheat, exports to Ukraine increased by 10%, with the highest increase in spirit drinks and to Turkey increased by 7%, leveraged by veal and beef.

Exports of other animal products increased by EUR 549 million, around 11%, while spirits and liqueurs rose by EUR 470 million.

On the other hand, agri-food imports decreased by 3.6% to 93.4 thousand ME, compared to the first half of 2025.

Cumulative imports of agri-food products into the EU amounted to €108.6 billion, which represents a decrease of €4.5 billion in homologous terms.

The value of cocoa imports from Côte d'Ivoire fell by 21%, while the value of imports from Cameroon and Nigeria decreased by 46% in both cases.

Among the product categories, imports of coffee, tea, cocoa and spices fell by EUR 4.8 billion, a 19% decrease, while the value of imports of cereals fell by 11% and that of imports of dairy products by 19%.

On the other hand, the value of imports of fruit and nuts increased by EUR 587 million (about 3%), and the value of imports of non-edible products for technical use as well as margarine and other oils and fats also increased.

The United Kingdom, the United States and Switzerland remain the main markets for agri-food exports of the EU and Brazil, the United States and the United Kingdom the most important in the origin of imports.