The European Union, an agri-food world power
While that number may seem small compared to the business generated by trade in the automotive or energy industries, the agri-food sector is of particular importance to the EU economy and, more importantly, the economy of millions of families.
EU exports of agricultural and food products to third countries – not including fish and fisheries products – valued more than €123.2 billion in 2015, while imports stood at around €114.1bn. This data from Eurostat, the EU’s official statistics office, shows that the EU has an agricultural trade surplus of more than €9bn.
Organization: EurActiv
Year: 2017
Geographical coverage: European Union (European Union)
Type: Blog article
Full text available at: http://www.euractiv.com/section/economy-jobs/news/the-european-union-an-agri-food-world-power/
Content language: English