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The Evolution of Food Trade Patterns Since 1960

In: Agricultural Trade, Policy Reforms, and Global Food Security

Author

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  • Kym Anderson

    (University of Adelaide
    Australian National University)

Abstract

Developments in global agricultural trade, ‘revealed’ comparative advantage, and net trade specialization in farm products over the past five decades are broadly consistent with expectations from trade theory, even though trade patterns have been distorted (as well as being shrunk) by anti-trade policies. There is concentration in both the commodity and country shares of global exports of farm products: as of 2014, less than ten items made up half of that trade in agricultural products, and two-thirds of the world’s exports of farm products are accounted for by just a dozen agricultural trading economies (treating the EU28 as a single economy). One consequence of little food production being traded internationally is that just a few countries dominate each product’s international trade.

Suggested Citation

  • Kym Anderson, 2016. "The Evolution of Food Trade Patterns Since 1960," Palgrave Studies in Agricultural Economics and Food Policy, in: Agricultural Trade, Policy Reforms, and Global Food Security, chapter 0, pages 61-83, Palgrave Macmillan.
    • Handle: RePEc:pal:psachp:978-1-137-46925-0_4
    DOI: 10.1057/978-1-137-46925-0_4
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