ISSN 2284-7995, ISSN Online 2285-3952


Published in Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 15 ISSUE 4
Written by Agatha POPESCU

The purpose of the paper was to present the actual statement of the agri-food trade at world level and by geographical region, the top exporters and importers and the role of the EU-28 in the global trade. The world agricultural trade accounted for USD 3,419 Billion of which 48.31 % export and 51.69 % import in 2013. The annual percentage change was 2.5 % for export and 4 % for import, explained by the low demand in the emergent countries, and increased competitiveness and changes in the international market. The Americas are the top exporting regions of agricultural products with 40.5 % market share. The EU-28 is the top world exporter of agricultural products having 40.01 % market share and also the top world importer with 37.57 % market share. It registered Euro 18.6 Billion surplus in its trade balance due to the contribution of China, Saudi Arabia, and the USA. About 2.8 % of the EU-28 import value came from the least developed countries, representing more than 0.4%, the average of other main suppliers USA, Canada, Japan, New Zealand, and Australia. Besides the top positions occupied by The EU-28 and the USA, Brazil, India and Argentina have a faster growth rate with a deep impact on the structure of the world agri-food market.

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© 2019 To be cited: Scientific Papers. Series “Management, Economic Engineering in Agriculture and Rural Development“.

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