# EU agrees law preventing import of goods linked to deforestation | Reuters

> The EU agreed a law that would block imports of soy, beef, palm oil, wood, cocoa and coffee, plus derived products such as leather, chocolate and furniture, if linked to deforestation. Importers must show where and when the commodities were produced and provide verifiable evidence that the land was not deforested after 2020.

- Date: 2022-12-06 · published 2022-12-06T12:00:00.000Z
- Category: policy · region EU · magnitude medium
- Page: https://feedsoft.ai/events/38273-eu-agrees-law-preventing-import-of-goods-linked-to-deforestation-reuters
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Traceability requirements could restrict EU-bound soy and palm oil supplies that cannot be verified, shifting trade flows. That may soften EU import demand and prices for these oilseeds.

## Read by commodity

- SOY: bearish ▼
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2021-11-17 | [EU proposes law preventing import of goods linked to deforestation](https://feedsoft.ai/events/44100-eu-proposes-law-preventing-import-of-goods-linked-to-deforestation.md) | +1.7% | +0.9% |
| SOY | 2023-04-19 | [EU lawmakers back ban on goods linked to deforestation \| Reuters](https://feedsoft.ai/events/36438-eu-lawmakers-back-ban-on-goods-linked-to-deforestation-reuters.md) | -4.9% | -10.2% |
| SOY | 2025-09-23 | [EU to delay anti-deforestation law by another year \| Reuters](https://feedsoft.ai/events/22875-eu-to-delay-anti-deforestation-law-by-another-year-reuters.md) | -0.0% | +2.1% |
| SOY | 2025-12-18 | [EU countries approve year-long delay to deforestation law \| Reuters](https://feedsoft.ai/events/21521-eu-countries-approve-year-long-delay-to-deforestation-law-reuters.md) | +0.5% | -0.0% |
| SOY | 2022-11-15 | [European Parliament pass bill to ban imports of deforestation-linked commodities \| NGIS](https://feedsoft.ai/events/38692-european-parliament-pass-bill-to-ban-imports-of-deforestation-linked.md) | -0.3% | +2.6% |
| PALMOIL | 2021-11-17 | [EU proposes law preventing import of goods linked to deforestation](https://feedsoft.ai/events/44100-eu-proposes-law-preventing-import-of-goods-linked-to-deforestation.md) | +0.8% | -9.2% |
| PALMOIL | 2023-04-19 | [EU lawmakers back ban on goods linked to deforestation \| Reuters](https://feedsoft.ai/events/36438-eu-lawmakers-back-ban-on-goods-linked-to-deforestation-reuters.md) | -1.0% | -8.4% |
| PALMOIL | 2025-09-23 | [EU to delay anti-deforestation law by another year \| Reuters](https://feedsoft.ai/events/22875-eu-to-delay-anti-deforestation-law-by-another-year-reuters.md) | -0.4% | +0.9% |

## Sources

- reuters.com: https://www.reuters.com/business/environment/eu-agrees-law-preventing-import-goods-linked-deforestation-2022-12-06/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.