Global food security and market stability: The role and concerns of large net food importers and exporters

During the last two decades agricultural trade has increased substantially. One consequence of this is that almost 20 percent of all calories consumed worldwide are provided by traded food. A number of emerging economies and newly developed countries are now main actors in world trade. Some countrie...

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Main Authors: Huang, Jikun, Piñeiro, Martín, Piñeiro, Valeria, Anderson, Kym, Illescas, Nelson, Laborde Debucquet, David, Wellesley, Laura, Puricelli, Estefanía
Format: Brief
Language:Inglés
Published: T20 Argentina 2018
Subjects:
Online Access:https://hdl.handle.net/10568/147089
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author Huang, Jikun
Piñeiro, Martín
Piñeiro, Valeria
Anderson, Kym
Illescas, Nelson
Laborde Debucquet, David
Wellesley, Laura
Puricelli, Estefanía
author_browse Anderson, Kym
Huang, Jikun
Illescas, Nelson
Laborde Debucquet, David
Piñeiro, Martín
Piñeiro, Valeria
Puricelli, Estefanía
Wellesley, Laura
author_facet Huang, Jikun
Piñeiro, Martín
Piñeiro, Valeria
Anderson, Kym
Illescas, Nelson
Laborde Debucquet, David
Wellesley, Laura
Puricelli, Estefanía
author_sort Huang, Jikun
collection Repository of Agricultural Research Outputs (CGSpace)
description During the last two decades agricultural trade has increased substantially. One consequence of this is that almost 20 percent of all calories consumed worldwide are provided by traded food. A number of emerging economies and newly developed countries are now main actors in world trade. Some countries like China, Korea and Saudi Arabia have become large net importers as a consequence of the rapid increase of consumption resulting from economic growth and a growing middle class. Others like Brazil, Argentina and Thailand have modernized their agricultures, improved the use of their ample natural resources, increased exponentially their production and are now main net exporters. The end result of these processes is that five countries (China, Korea, Japan, Russia and Saudi Arabia) are responsible for about 40% of food net imports and seven countries (Argentina, Australia, Brazil, Canada, New Zealand, Thailand and USA) account for about 55% of total food net exports. The impact of these main players on the international market stability and prices is enormous. In the context of the present difficulties to progress in multilateral trade negotiations, it is suggested that a special group composed by major food net importing and exporting countries should be formed within the WTO to promote dialogue, exchange of information and possible agreements and commitments between themselves. It is argued that it would contribute to global market stability.
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spelling CGSpace1470892024-10-25T07:57:50Z Global food security and market stability: The role and concerns of large net food importers and exporters Huang, Jikun Piñeiro, Martín Piñeiro, Valeria Anderson, Kym Illescas, Nelson Laborde Debucquet, David Wellesley, Laura Puricelli, Estefanía imports exports markets trade wto developing countries trade agreements food security food prices agricultural trade During the last two decades agricultural trade has increased substantially. One consequence of this is that almost 20 percent of all calories consumed worldwide are provided by traded food. A number of emerging economies and newly developed countries are now main actors in world trade. Some countries like China, Korea and Saudi Arabia have become large net importers as a consequence of the rapid increase of consumption resulting from economic growth and a growing middle class. Others like Brazil, Argentina and Thailand have modernized their agricultures, improved the use of their ample natural resources, increased exponentially their production and are now main net exporters. The end result of these processes is that five countries (China, Korea, Japan, Russia and Saudi Arabia) are responsible for about 40% of food net imports and seven countries (Argentina, Australia, Brazil, Canada, New Zealand, Thailand and USA) account for about 55% of total food net exports. The impact of these main players on the international market stability and prices is enormous. In the context of the present difficulties to progress in multilateral trade negotiations, it is suggested that a special group composed by major food net importing and exporting countries should be formed within the WTO to promote dialogue, exchange of information and possible agreements and commitments between themselves. It is argued that it would contribute to global market stability. 2018-09-26 2024-06-21T09:11:10Z 2024-06-21T09:11:10Z Brief https://hdl.handle.net/10568/147089 en Open Access T20 Argentina Huang, Jikun; Piñeiro, Martín; Piñeiro, Valeria; Anderson, Kym; Illescas, Nelson; Laborde Debucquet, David; and Wellesley, Laura. Global food security and market stability: The role and concerns of large net food importers and exporters. T20 Argentina: Food Security and Sustainable Development Task Force Brief. https://www.g20-insights.org/policy_briefs/global-food-security-and-market-stability-the-role-and-concerns-of-large-net-food-importers-and-exporters/
spellingShingle imports
exports
markets
trade
wto
developing countries
trade agreements
food security
food prices
agricultural trade
Huang, Jikun
Piñeiro, Martín
Piñeiro, Valeria
Anderson, Kym
Illescas, Nelson
Laborde Debucquet, David
Wellesley, Laura
Puricelli, Estefanía
Global food security and market stability: The role and concerns of large net food importers and exporters
title Global food security and market stability: The role and concerns of large net food importers and exporters
title_full Global food security and market stability: The role and concerns of large net food importers and exporters
title_fullStr Global food security and market stability: The role and concerns of large net food importers and exporters
title_full_unstemmed Global food security and market stability: The role and concerns of large net food importers and exporters
title_short Global food security and market stability: The role and concerns of large net food importers and exporters
title_sort global food security and market stability the role and concerns of large net food importers and exporters
topic imports
exports
markets
trade
wto
developing countries
trade agreements
food security
food prices
agricultural trade
url https://hdl.handle.net/10568/147089
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