Published in Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 19 ISSUE 1
Written by Agatha POPESCU

The paper analyzed the dynamics and the main trends in the world and the EU-28 trade with commodities in the period 2006-2107 using the WTO data. The data have been comparatively analyzed by regions, type of commodity groups mainly manufactured goods, and agro-food products, and also by Regional Trade Agreements, and in the top exporting and importing countries both at the world level and in the EU-28. World commodity trade have been developing in close connection with the economic growth, but it was affected by economic crisis, US dollar appreciation, low prices of commodities and fuels, inflation, yuan depreciation, low investments and other factors. In 2017, global trade succeeded to recover the exports of goods accounting USD 17.7 Trillion, being by 46.2 % higher than in 2006, while the imports were USD 18 Trillion, by 45.1 % more. The top traders of goods in the world are China, the EU-28,the USA, German, Japan, followed by United Kingdom, France, Republic of Korea, Italy, Netherlands Hong Kong China and Canada. Agro-food products represent 10 % of the world trade with goods and their volume is continuously growing, being commercialized by especially by the EU, USA, Netherlands, Germany, France, Brazil, China, Belgium, Spain, Italy, United Kingdom and Canada. Europe and Asia have the highest contribution to the global trade. The WTO 164 members are the key role in the world trade growth. The EU-28 was and still is an important "actor" in the international trade with manufactured goods and agro-food products. The EU top trading countries are: Germany, United Kingdom, France, Netherlands, Italy, Belgium, Spain, Poland, Austria, Sweden, Denmark, Czech Republic and Ireland. The development of a sustainable global trade requires new policies and strategies to support the economic growth and enhance trade with goods and services.

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