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EU agri-food exports increase over one year period

Xinhua, December 23, 2016 Adjust font size:

The European Union (EU) agri-food exports reached a value of 129.9 billion euros (135.8 billion U.S. dollars) from November 2015 to October 2016, an increase of 1.9 percent on a yearly basis, the European Commission said on Thursday in its latest monthly report.

The export surplus for the 12-month period increased to more than 18 billion euros.

The latest figures showed that Japan has now overtaken Russia as the fourth most important export destination of EU agri-food products after the United States, China and Switzerland.

EU producers mainly export to Japan pork, wine and vermouth, cheese, spirits and liqueurs. Enditem