Home    Global Trade in Agricultural Products is Significant

Trade plays a crucial role in providing livelihoods for farmers and people employed along the food supply chain. It also contributes to reducing food insecurity across the globe and provides greater choice in consumer goods. Trade in agro-food products has grown strongly over the last two decades, reaching almost 7% in real terms annually between 2001 and 2019. But agro-food trade isn’t just increasing, it’s becoming ‘global’. A growing share of agro-food trade is taking place in global value chains (GVCs) – agricultural and food processing value chains that are spread over several countries – linking agro-food sectors and other sectors of the economy from across the world.

Global Trade in Agricultural Products is Significant