EU wheat imports fall 32% while soybean and sunflower purchases rise

EU agri-food imports totaled €15.1 billion in July 2026, down 4% from June and 6% below the same month last year. In January-July, cumulative imports declined by 4% year on year to €108.6 billion.

The sharpest decline was recorded in the cereals segment. The value of cereal imports fell by 11% from the start of the year to €4.76 billion, while wheat imports dropped by 32%, mainly due to lower import volumes.

At the same time, the EU increased purchases of oilseeds from South America. Imports from Brazil rose by €528 million, mainly due to higher soybean volumes, while imports from Argentina increased by €240 million, driven by sunflower seed.

EU agri-food exports reached €21.3 billion in July, up 5% month on month and 3% year on year. However, cumulative exports in the first seven months of 2026 were down 1% at €138.7 billion.

Among individual commodities, rapeseed oil stood out, with EU export volumes doubling. Meanwhile, exports to the UK fell by 3%, reflecting lower shipments of pigmeat, cocoa products and cereals.

Tags: EU, soybean, wheat, sunseed, imports