EU agri-food trade surplus expands in February

The EU agri-food trade surplus increased in February 2026, reaching EUR 4.4 billion. This represents a 43% increase compared with January and is broadly in line with February 2025 levels. While both exports and imports have declined slightly compared to last year, lower import values contributed to an improvement in the monthly trade balance. The cumulative EU agri-food trade surplus for January-February totaled EUR 7.4 billion in 2026, remaining stable compared with the same period in 2025.

EU agri-food exports reached EUR 18.8 billion in February 2026, up 6% on January but down 4% compared with February 2025. Cumulative exports for January-February stood at EUR 36.5 billion, a fall of EUR 2.1 billion (−5%) versus the same period in 2025. The largest export declines were in cocoa products, pigmeat, and olives and olive oil while exports of fruits and nuts, as well as non-edible products recorded increases.

EU agri-food imports stood at EUR 14.5 billion in February 2026, down 1% month-on-month and 5% year-on-year. Total imports for January-February reached EUR 29.1 billion, a decrease of EUR 2.2 billion (−7%) compared with 2025. The biggest import declines were in cocoa products, cereals, and oilseeds whereas imports of beef and veal, fruits and nuts, as well as margarine and other oils and fats recorded increases.

More insights as well as detailed tables are available below in the latest edition of the monthly EU agri-food trade report.