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Interactive report on the market situation of agricultural products in 2020 From Food and Agriculture Organization of the United Nations

The following is the Interactive report on the market situation of agricultural products in 2020 From Food and Agriculture Organization of the United Nations recommended by recordtrend.com. And this article belongs to the classification: global economy , Life data, research report.

According to a new report released by the food and Agriculture Organization of the United Nations (FAO), the global agricultural food trade has more than doubled since 1995, with the trade volume reaching US $1.5 trillion in 2018, of which the exports of emerging markets and developing countries have continued to grow, more than one third of the global total.

Soco2020 points out that global trade and well functioning markets are the core of the development process, which can promote inclusive economic growth and sustainable development, and enhance the ability to withstand shocks.

“We have to rely on the market, which is a key component of the global food system,” FAO director general Qu Dongyu said in a preface to the report. Major challenges at present, whether it is the coronavirus epidemic, locust plague or climate change in 2019, it further highlights the great significance of the market. “

The report estimates that about one-third of global agricultural and food exports flow within global value chains and cross-border trade occurs at least twice.

Behind the rise of global value chain is the growth of income, the reduction of trade barriers and technological progress. These three driving factors have changed the market and trade process, and farmers in various regions and countries have realized the docking with traders and consumers.

The director general of FAO pointed out: “global value chains can make it easier for developing countries to access global markets. This not only links our food market, but also provides a mechanism for the dissemination of good practices of sustainable development. “

By participating in the global value chain, small farmers will be able to increase food production and income. The report shows that in the short term and on average, every 10% increase in agricultural global value chain participation will increase labor productivity by about 1.2%.

“Market situation of agricultural products in 2020” carries out a new data analysis on Trade and markets all over the world, analyzes the main global trends in agricultural products and food markets in detail, and strives to understand how to achieve results in economic, environmental and social aspects and promote development.

The report mainly covers four areas: agriculture and food market trends; food and agricultural global value chain; farmers and value chain – business model for sustainable development; digital technology and agricultural food market.

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