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The following is the Report on the market situation of agricultural products in 2020 From Food and Agriculture Organization of the United Nationsrecommended by recordtrend.com. And this article belongs to the classification: Life data, research report.
According to a new report released today by the food and Agriculture Organization of the United Nations (FAO), the global agricultural food trade has more than doubled since 1995, reaching US $1.5 trillion in 2018, of which exports from emerging markets and developing countries have continued to grow, exceeding one third of the global total.
According to soco2020, Global trade and well functioning markets are the core of the development process. They can promote inclusive economic growth and sustainable development, and enhance the ability to resist 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 foreword to the report. Major challenges at present, whether it is the 2019 coronavirus epidemic, locust plague or climate change, all further highlight the great significance of the market. “
According to the report, about a 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 that “global value chains can make it easier for developing countries to access global markets. This not only links our food markets, but also provides a mechanism for the dissemination of good practices for 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 GVC participation will increase labor productivity by about 1.2%.
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