The Evolution of Agricultural Trade Flows

37 Pages Posted: 20 Apr 2016

See all articles by Ataman Aksoy

Ataman Aksoy

World Bank

Francis Ng

World Bank - Development Research Group (DECRG)

Date Written: May 1, 2010

Abstract

Earlier research showed that during the 1980s and 1990s most of the global agricultural trade expansion took place among the industrial countries and among countries within trade blocs. These were also periods of declining agricultural prices. These prices increased during the 2000s, there were continuous trade reforms, and many developing countries started to support their agricultural sectors. This paper analyzes trade flows during the past two decades, and tries to measure whether all these developments have changed the trade balances and the share of different groups within the global trade flows. In addition, it looks at the trade balances on food to see the impact of these changes on net food importing countries. In conclusion, unlike the case with manufacturing, developing countries have not been able to increase their export shares in agriculture as significantly. They have maintained their trade shares by primarily expanding exports to other developing countries.

Keywords: Emerging Markets, Food & Beverage Industry, Economic Theory & Research, Trade Policy, Free Trade

Suggested Citation

Aksoy, Ataman and Ng, Francis, The Evolution of Agricultural Trade Flows (May 1, 2010). World Bank Policy Research Working Paper No. 5308, Available at SSRN: https://ssrn.com/abstract=1605000

Ataman Aksoy (Contact Author)

World Bank ( email )

Washington, DC 20433
United States

Francis Ng

World Bank - Development Research Group (DECRG) ( email )

1818 H. Street, N.W.
MSN3-311
Washington, DC 20433
United States
202-473-8088 (Phone)
202-522-1159 (Fax)

HOME PAGE: http://econ.worldbank.org/staff/fng

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