Agriculture & Food

News from the European Commission’s official website on November 15: According to data released by Eurostat, the total agricultural output value of the EU in 2020 is 414.1 billion euros, a year-on-year decrease of 1.1%.

The total agricultural output value of France is 76.3 billion euros (approximately 18.4% of the EU's total output value), ranking first among the member states, followed by Germany (57.6 billion euros, accounting for 13.9%), Italy (56.9 billion euros, accounting for 13.7%), Spain (523 Billion euros, accounting for 12.6%), the Netherlands (28.2 billion euros, accounting for 6.8%) and Poland (26.4 billion euros, accounting for 6.4%).

u3000u3000 The agricultural output value of 11 member countries has declined. The largest declines were in Romania (-11.3%), Malta and Bulgaria (both -4.5%), Finland (-3.9%), Hungary and the Netherlands (both -3.1%). In contrast, the highest increases were in Lithuania (+8.6%), Ireland (+4.6%), Slovakia (+3.8%), Latvia (+3.1%) and Cyprus (+2.8%). Among the agricultural powerhouses, the total agricultural output value of Italy, France and Germany fell by 2.3%, 1.9% and 1.6% respectively, while Spain increased by 1.1%.

u3000u3000 EU crop and animal production decreased by 1.0% and 1.1% respectively. The EU's agricultural input costs fell 1.1% year-on-year, resulting in a 1.3% drop in the total value added of agriculture.