06 Aug 2024 --- The EU’s agri-food trade surplus reached €5 billion (US$5.4 billion) in April 2024, 4% higher than the same period the previous year, according to European Commission figures. However, the numbers represented a 25% reduction compared to the previous month.According to the EU’s trade monitoring report, it exported almost €20 billion (US$21.8 billion) in agri-foods, a dip of 1.5% on the previous month, but 10% higher than in 2023. Exports to the US increased the most, with an increase of €829 million (US$906 million), largely due to high olive and olive oil prices.