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EU trade in agricultural products hit €424.7 billion

In 2022, the value of trade (imports plus exports) of agricultural products between the EU and the rest of the world reached €424.7 billion, €77.5 billion more than in 2021 (€347.2 billion). The EU exported €229.1 billion worth of agricultural products and imported €195.6 billion, generating a surplus of €33.5 billion.

Between 2002 and 2022, EU trade in agricultural products close to tripled (from €141.5 billion to €424.7 billion), equivalent to an average annual growth of almost 5.6%. In this period, exports grew faster (5.9%) than imports (5.4%).

Eurostat, 3 May 2023