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"Agricultural trade in 2011: still holding strong "
Story Date: 5/14/2012
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Source: EUROPEAN COMMISSION ON AGRICULTURE AND RURAL DEVELOPMENT, 5/11/12
2011 was another year of strong EU agricultural export performance in value terms, resulting in all-time high sales. Imports were on the up as well. The export growth of 16%, being on a par with the import growth, has allowed the EU to keep up the level of agricultural trade surplus comparable to that of 2010. The €7 billion surplus, €770 million higher than in the previous year, is linked to the achievement of a positive trade balance for final products.
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