The EU’s position in global agri-food trade
Written by Alan Matthews
We have become used to the mantra that the EU is both the world’s largest agri-food exporter but also its largest agri-food importer. But this was before Brexit and the departure of the United Kingdom from the EU. The UK is a large net importer, so its departure implies (a) that the EU27 now becomes a larger exporter because exports to the UK are added to the extra-EU exports of the EU28, and (b) a smaller importer, because UK imports from the rest of the world no longer count as part of EU27 imports.
The two charts below show the revised situation after Brexit.… Read the rest
The post The EU’s position in global agri-food trade first appeared on CAP Reform.
Continue reading...