The Evolution of Agricultural Trade Flows

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. Thes...

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Bibliographic Details
Main Authors:	Aksoy, M. Ataman, Ng, Francis
Format:	Policy Research Working Paper
Language:	English
Published:	2012
Subjects:	AGGREGATE TRADE AGGREGATE TRADE FLOWS AGRICULTURAL COMMODITIES AGRICULTURAL ECONOMICS AGRICULTURAL EXPORTERS AGRICULTURAL GROWTH AGRICULTURAL INCENTIVES AGRICULTURAL OUTPUT AGRICULTURAL POLICIES AGRICULTURAL PRODUCTION AGRICULTURAL PRODUCTS AGRICULTURAL TRADE AGRICULTURAL TRADE LIBERALIZATION AGRICULTURE ANIMAL FEED ANIMAL FEEDS BASE YEAR BASIC NEEDS BEER BEVERAGES BLOC TRADE BUTTER CEREALS CHANGES IN TRADE CHEESE CIGARETTES COCOA COMMODITIES COMMODITY COMMODITY PRICE COMPARATIVE ADVANTAGE CONFECTIONERY CORN COUNTRY MARKETS CUSTOMS CUSTOMS UNION CYCLICAL FLUCTUATIONS DAIRY DEVELOPED COUNTRIES DEVELOPING COUNTRIES DEVELOPING COUNTRY EDIBLE NUTS EDIBLE OILS EGG EGGS EXPORT CONTROLS EXPORT GROWTH EXPORT MARKET EXPORT MARKET SHARE EXPORT PERFORMANCE EXPORT RATES EXPORT RESTRICTIONS EXPORT SHARE EXPORT SHARES EXPORT STRUCTURES EXPORTERS EXTERNAL TRADE FINAL GOODS FISH MEAL FLOUR FOOD EXPORTS FOOD IMPORTS FOOD NEEDS FOOD PRICE FOOD PRICES FOOD PROCESSING FOOD PRODUCT FOOD PRODUCTION FOOD PRODUCTS FOOD REQUIREMENTS FOOD SECURITY FRUIT FRUITS GDP GLOBAL ECONOMIC PROSPECTS GLOBAL TRADE GLOBAL TRADING GRAINS GROUPS OF COMMODITIES GROWTH RATES HONEY IMPORT DATA IMPORT SHARE INCOME INCOME ELASTICITIES INCOME GROUP INCOME GROUPS INDUSTRIAL COUNTRIES INDUSTRIAL COUNTRY INTERMEDIATE GOODS INTERNATIONAL LAW INTERNATIONAL TRADE JUICES LIBERALIZATION LOW-INCOME COUNTRIES MAIZE MARKET PENETRATION MARKET SHARE MARKET SHARE CHANGES MARKET SHARES MEAL MEATS MIDDLE INCOME COUNTRIES MIDDLE INCOME COUNTRY MIDDLE-INCOME COUNTRIES NET EXPORTER NET EXPORTERS NET EXPORTS NEW PRODUCT NEW PRODUCTS NONALCOHOLIC BEVERAGES NUTS OIL EXPORTER OIL EXPORTERS OIL PRICE OUTPUT OUTPUT RATIOS OUTPUTS PEANUT OIL PREFERENTIAL ACCESS PRICE BEHAVIOR PRICE INCREASES PRICE INDEX PRICE INDEXES PRICE LEVELS PRICE SERIES PROCESSED FOODS PROTECTION RATES RUBBER SEAFOOD SHARE OF WORLD EXPORTS SHARE OF WORLD TRADE SINGLE MARKET SMALL COUNTRIES SMALL ECONOMIES SOFT DRINKS SPECIALIZATION SPICES STAPLE FOODS STARCH STRUCTURAL CHANGE SUGAR SUGARS TARIFF ESCALATION TEA TERMS OF TRADE TOTAL OUTPUT TRADE AGENDA TRADE AMONG DEVELOPING COUNTRIES TRADE BALANCE TRADE BALANCES TRADE BARRIERS TRADE BLOCKS TRADE BLOCS TRADE CLASSIFICATION TRADE DATA TRADE DEFICIT TRADE EXPANSION TRADE FLOWS TRADE LIBERALIZATION TRADE PERFORMANCE TRADE POLICIES TRADE POLICY TRADE REFORM TRADE REFORMS TRADE REGIMES TRADE SURPLUS TRADE VALUE TRADE VALUES TRADING BLOCS TRADING SYSTEM URUGUAY ROUND VALUE ADDED VEGETABLES VOLATILITY WINE WORLD DEVELOPMENT INDICATORS WORLD ECONOMY WORLD MARKET WORLD MARKETS WORLD TRADE WTO
Online Access:	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100511131430 http://hdl.handle.net/10986/3793

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Summary:	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.

The Evolution of Agricultural Trade Flows

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