EU trade deals mean increased exports, more stable economic relations and secure access to resources, a new report out today shows. EU exports to preferential partners for the first time surpassed €1 trillion in 2021, according to the Commission’s 2nd Annual Report on the Implementation and Enforcement of EU Trade Agreements. The Report also shows […]
EU agri-food trade shows strong growth in 2022
The total value of EU agri-food trade was 28.3 billion in February 2022, an 18% increase compared to the same month last year. Exports rose by 11% to 16.6 billion, while imports grew by 30% to reach 11.7 billion, reflecting a trade balance of 4.9 billion. This marks an increase of 52% compared to January […]
Sparkling wine extra-EU exports see 6% dip in 2020
In 2020, the EU’s sparkling wine exports to countries outside the EU amounted to 494 million litres, a decrease with respect to the 528 millions litres exported in 2019. This was the first decrease in sparkling wine extra-EU exports in a decade (-6% when compared with 2019), where the pandemic significantly dampened wine trade growth as many bars and restaurants […]
Boeing WTO case: The EU puts in place countermeasures against U.S. exports
The European Commission’s regulation increasing tariffs on U.S. exports into the EU worth $4 billion will be published in the Official Journal of the EU. The countermeasures have been agreed by EU Member States since the U.S. has not yet provided the basis for a negotiated settlement, which would include an immediate removal of U.S. […]