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Agriculture: EU agri-food trade rebounds in May 2023

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After the EU agri-food trade slowed down in April, it bounced back with an increase of both imports and exports in May. The higher increase in exports compared to imports allowed the EU agri-food surplus to increase by 2% month-on-month in May, reaching €5.2 billion. These are the main findings of the latest monthly agri-food trade report published today by the European Commission.

EU agri-food exports climbed by 8% month-on-month in May 2023, reaching €19.4bn, the same amount as in May 2022. Exports from January to May 2023 totalled €95.7bn overall, up 8% from the corresponding period in 2022.

The top three destinations for EU agri-food exports between January and May were the United Kingdom, the United States and China. The top three origin countries for EU agri-food imports between January and May were Brazil, the United Kingdom and Ukraine.

More insights as well as detailed tables are available online.

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