Trade in food and agricultural products has doubled in twenty years

By: Trademagazin editor Date: 2020. 09. 24. 11:24

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Between 1995 and 2018, global food and agricultural trade rose to 1.5 trillion USD, more than doubling, as developing countries’ exports expanded, accounting for a third of global exports today, according to the Food and Agriculture Organization of the United Nations (FAO) in its new analysis.

According to a new report on the state of agricultural markets, world trade and functioning markets are cornerstones of development and can contribute to inclusive economic growth, sustainability and resilience.