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Review. The EU once again the leaders of trade in agricultural products.
The EU is a major exporter and importer of agricultural products and foodstuffs in the world. According to official EU data, in 2017 the volume of trade in products of the agricultural sector amounted to 255 billion euros.
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The value of exports amounted to 138 billion euros, while imports 117 billion in Exports in annual terms increased by 5.1%.

Thus, despite the adverse weather conditions, the EU has firmly maintained its position as a net exporter of food.

Gross output of the agricultural sector in the EU was reached last year the impressive figure – 427 billion euros.

In the food industry in the EU employs 7.5% of all workers. It accounts, according to Eurostat, 3.7% of the total value-added obtained in EU countries. Exports in the system of value creation in the industry is constantly growing and is a driving force for employment growth in the agricultural sector of the EU.

The success of the EU in agricultural trade confirms the effectiveness of the common agricultural policy of the EU, said the European Commissioner for agriculture Phil Hogan. In this case, it is difficult not to agree. However, he said nothing about that food exports, the EU is experiencing not the best times due to sanctions against Russia and the subsequent counter-sanctions.

The main partners in agricultural trade the EU as a whole remained the same. The US, China, Switzerland, Russia and Japan. Delivery to all these countries increased.

Import. The European Union has managed in recent years to diversify the supply. It happened at the expense of reducing the share of imports from the United States and Brazil, the main partners in the food supply in the EU.

There are changes and by separate commodity items. Thus, in comparison with the past has increased purchases of palm and coconut oil. Now fourth position in the major commodity items imported.



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