# EU imposes import ban on six goods to halt “imported deforestation” - Etifor

> The EU has moved toward restricting imports of soy, beef, palm oil, timber, cocoa and coffee unless they are produced without contributing to deforestation. The article cites WWF data that the EU is responsible for 16% of deforestation tied to internationally traded commodities and projects emissions cuts.

- Date: 2022-01-27 · published 2022-01-27T12:00:00.000Z
- Category: policy · region EU · magnitude medium
- Page: https://feedsoft.ai/events/43170-eu-imposes-import-ban-on-six-goods-to-halt-imported-deforestation-etifor
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

If adopted, the rules would require proof of deforestation-free supply for soy and palm oil entering Europe, a long-term bullish factor for compliant supplies and a bearish one for non-compliant origins.

## Read by commodity

- SOY: bullish ▲
- LCATTLE: neutral
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2022-09-15 | [European bill passes to ban imports of deforestation-linked commodities](https://feedsoft.ai/events/39604-european-bill-passes-to-ban-imports-of-deforestation-linked-commodities.md) | -2.8% | -7.2% |
| SOY | 2023-05-18 | [EU bans imports linked to deforestation - Everstream Analytics](https://feedsoft.ai/events/35972-eu-bans-imports-linked-to-deforestation-everstream-analytics.md) | -0.9% | +6.8% |
| SOY | 2022-09-21 | [Another step forward on the new “Zero-Deforestation” regulation - Etifor](https://feedsoft.ai/events/39606-another-step-forward-on-the-new-zero-deforestation-regulation-etifor.md) | -4.8% | -7.2% |
| SOY | 2023-03-22 | [EU's deforestation regulation: challenges and opportunities for food companies](https://feedsoft.ai/events/36902-eu-s-deforestation-regulation-challenges-and-opportunities-for-food-companies.md) | +0.1% | +2.7% |
| SOY | 2022-09-14 | [EU groups say deforestation plan falls short \| World Grain](https://feedsoft.ai/events/39612-eu-groups-say-deforestation-plan-falls-short-world-grain.md) | -3.6% | -10.3% |
| PALMOIL | 2022-09-15 | [European bill passes to ban imports of deforestation-linked commodities](https://feedsoft.ai/events/39604-european-bill-passes-to-ban-imports-of-deforestation-linked-commodities.md) | -1.4% | -6.5% |
| PALMOIL | 2023-05-18 | [EU bans imports linked to deforestation - Everstream Analytics](https://feedsoft.ai/events/35972-eu-bans-imports-linked-to-deforestation-everstream-analytics.md) | -0.8% | -5.0% |
| PALMOIL | 2018-03-20 | [Greenpeace urges EU to do more to halt palm-oil driven deforestation](https://feedsoft.ai/events/66023-greenpeace-urges-eu-to-do-more-to-halt-palm-oil-driven-deforestation.md) | +0.2% | +0.5% |

## Sources

- etifor.com: https://www.etifor.com/en/updates/zero-deforestation-goods/

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