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The geography of food and agricultural trade
Thursday, 2022/08/18 | 08:20:15

FAO Story; August 2022

Policy approaches for sustainable development

Trade plays a vital role in our everyday lives. It connects food systems and people and provides consumers with sufficient, diverse and nutritious food. It also generates income and employment for farmers, workers and traders around the world.

 

During the pandemic, international trade continued to link food deficit areas to surplus regions, contributing to food security and nutrition. But the war in Ukraine is threatening multilateral cooperation and risks fragmenting the global food market.

 

How can trade policies in food and agriculture address today's challenges and how can they contribute to long-term sustainable development for all?

The changing nature of food and agricultural trade

Between the first years of the new millennium and 2008, the global trade of goods and services became more important in the world economy and during this time, trade increased rapidly. However, since the financial crisis in 2008, this globalization process has been stagnant.

 

Food and agricultural trade expanded rapidly in the 2000s, with more countries trading with each other and greater participation of low- and middle-income countries.

 

Countries expanded their participation in global food and agricultural trade and the landscape and geography of trade has changed.

 

See more: https://www.fao.org/home/en/

 

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