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

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dc.creatorHuang, Jikun
dc.creatorPiñeiro, Martín
dc.creatorPiñeiro, Valeria
dc.creatorAnderson, Kym
dc.creatorIllescas, Nelson
dc.creatorLaborde Debucquet, David
dc.creatorWellesley, Laura
dc.creatorPuricelli, Estefanía
dc.date2018-09-26
dc.date2024-06-21T09:11:10Z
dc.date2024-06-21T09:11:10Z
dc.date.accessioned2026-06-27T15:16:42Z
dc.descriptionDuring 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.
dc.identifierhttps://hdl.handle.net/10568/147089
dc.identifier.urihttp://hdl.handle.net/123456789/99718
dc.languageen
dc.publisherT20 Argentina
dc.rightsOpen Access
dc.sourceHuang, 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/
dc.subjectimports
dc.subjectexports
dc.subjectmarkets
dc.subjecttrade
dc.subjectwto
dc.subjectdeveloping countries
dc.subjecttrade agreements
dc.subjectfood security
dc.subjectfood prices
dc.subjectagricultural trade
dc.titleGlobal food security and market stability: The role and concerns of large net food importers and exporters
dc.typeBrief

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Instituto Internacional de Investigación sobre Políticas Alimentarias (IFPRI)