Exports boost EU agri-food trade surplus in February
08.06.2025 16:15 "Agro Perspectiva" (Kyiv) —
EU agri-food exports rose to EUR 19.6 billion in February 2025, slightly up from the previous month and compared to a year earlier. Export growth was driven by high prices for cocoa and coffee, while cereal exports declined. Imports dropped by 5% month-on-month to EUR 15.2 billion but remained significantly higher than in February 2024 due to elevated global prices. As a result, the EU’s agri-food trade surplus rebounded to EUR 4.4 billion. Exports EU agri-food exports reached EUR 19.6 billion in February 2025, marking a 3% monthly increase and a 1.4% rise compared to February 2024. Over the first two months of the year, exports were EUR 984 million higher than the same period in 2024. The United Kingdom remained the top destination, with a EUR 322 million increase (+4%), driven by higher exports of cocoa, coffee products, and protein crops. Strong price increases for cocoa and coffee supported EU agri-food exports at the start of 2025. Cocoa-related products led the growth by EUR 758 million (+52%), followed by confectionery (EUR 329 million, +19%), and dairy (EUR 158 million, +5%). However, cereals exports saw a drop due to falling volumes (EUR 767 million, -30%). Exports of preparations of fruit, nuts and vegetables decreased due to reduced volumes, and olive oil exports declined, mainly due to easing prices. Imports EU agri-food imports were EUR 15.2 billion in February 2025, down 5% from January but still 15% higher above last year’s levels due to high global prices, especially for cocoa and coffee. Imports from Côte d’Ivoire (EUR 733 million, +73%), China (EUR 447 million, +32%), Canada (EUR 344 million, +80%), and Australia (EUR 330 million, +149%) rose sharply, reflecting increased volumes and prices for key commodities. High prices for cocoa, coffee, fruit and nuts pushed EU import values higher in early 2025. Cocoa and coffee alone accounted for a EUR 2.5 billion increase (+59%), while fruit and nuts added another EUR 772 million (+20%). Imports of oilseeds and olive oil declined, mainly due to falling prices, while those of sugar decreased, mainly due to reduced volumes.
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