Trade deficit of agriculture decreases to less than € 3.2 billion – publico

                 

                         
                     

                 

 
                         

The trade deficit in agricultural and agri-food products decreased from 465 million euros to minus 3.2 billion euros in 2014 compared to 2013, according to the “Agricultural Statistics” published by the INE today.

                     

                         According to the National Statistics Institute (INE), imports of agricultural products and agri-food fell 4.3% last year to 6.9 billion euros, while exports rose by 4.7% to . 3.6 billion

In almost all groups of agricultural and agri-food products were no decreases in trade deficit compared to 2013, with particular emphasis on “fruit, citrus peel ; melons. “, the reduction of which was 126 million euros

But the largest trade deficit was registered in trade” meat and edible meat offal “(-750 million euros, 27 million euros compared to 2013), while the largest surplus was recorded in trade “Preparations of vegetables, fruit and other parts of plants” (+ EUR 98 million), despite the decrease of seven million euros compared to 2013.

“cereal”, traditionally holding the largest trade deficit in agricultural and agri-food products in Portugal, moved to the 2nd position (deficit of 642 million euros, down 77 million euros compared to 2013 ).

Last year, Spain remained as the main supplier of agricultural and agri-food products in Portugal, representing 48.7% of the total value of imports in 2014, having strengthened its weight in 1.9 percentage points.

This was followed by France (9.8% weight), Germany (5.4%) and the Netherlands (4.9%).

As for the main customers of domestic products, Spain also remained the most important destination (36.9% weight in 2014), followed by Angola (11.8%), France (9.1%) and Brazil (6.3%).

The INE 2014 data point to a total average consumption per resident in Portugal of 108 kilos of meat, 78 liters of milk, 43 kilos of dairy products, 130 kilograms of cereals, 16 kilograms of rice and 111 kilos of fruit.

This year Portugal has produced only 72.2% of the amount of meat needed to meet consumption needs (74.1% in 2013), it has also not been self-sufficient in fruits (imported on average 26% of that consumed between 2011/2012 and 2013/2014).