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Framework for boosting intra-African trade in agricultural commodities and services

Author: Food and Agriculture Organization of the United Nations

Publisher: Food & Agriculture Org.

Published: 2021-02-10

Total Pages: 80

ISBN-13: 9251339147

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The African agricultural and food market is expanding quickly as indicated by World Bank projections that show that the value of Africa’s agriculture and agribusiness industry is expected to more than triple to reach USD 1 trillion by 2030, compared to 2010 (World Bank, 2013). This provides an opportunity to not only boost trade in food and non-food agricultural commodities and services within the continent but also enhance food security in Africa. Regional integration is also gaining momentum as evidenced by progress in the creation of customs unions and the initial steps in setting up a common external tariff at the regional level in a number of regional economic communities (RECs) such as the East African Community (EAC) and the Economic Community of West African States (ECOWAS). The establishment of the African Continental Free Trade Area (AfCFTA) further reinforces the gains achieved in regional integration and opens new market opportunities for farmers and other economic operators.It has been shown that the export of higher value-added products made in Africa is greater in regional markets than in external markets outside Africa, which are typically dominated by raw material exports. However, more than a decade after the adoption of the Comprehensive Africa Agriculture Development Programme (CAADP) in Maputo in 2003 by the New Partnership for Africa’s Development (NEPAD) in response to the stagnation of African agriculture, Africa continues to remain a marginal player, accounting for only 2.7 percent of world trade in goods and 5 percent of world agricultural trade (Bouët and Odjo, 2019).These figures are likely to trend downwards significantly in the near term due to the economic shock caused by the onset of the COVID-19 pandemic in 2020. The continent currently depends to a significant degree on extra-African sources for imports of food and agricultural products. The share of intra-African agricultural trade has been consistently below 20 percent in recent decades (Bouët and Odjo, 2019; AGRA, 2019). Comparable figures for intraregional agricultural trade are higher for Asia and Europe (more than 60 percent).

Book Synopsis Framework for boosting intra-African trade in agricultural commodities and services by : Food and Agriculture Organization of the United Nations

Download or read book Framework for boosting intra-African trade in agricultural commodities and services written by Food and Agriculture Organization of the United Nations and published by Food & Agriculture Org.. This book was released on 2021-02-10 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: The African agricultural and food market is expanding quickly as indicated by World Bank projections that show that the value of Africa’s agriculture and agribusiness industry is expected to more than triple to reach USD 1 trillion by 2030, compared to 2010 (World Bank, 2013). This provides an opportunity to not only boost trade in food and non-food agricultural commodities and services within the continent but also enhance food security in Africa. Regional integration is also gaining momentum as evidenced by progress in the creation of customs unions and the initial steps in setting up a common external tariff at the regional level in a number of regional economic communities (RECs) such as the East African Community (EAC) and the Economic Community of West African States (ECOWAS). The establishment of the African Continental Free Trade Area (AfCFTA) further reinforces the gains achieved in regional integration and opens new market opportunities for farmers and other economic operators.It has been shown that the export of higher value-added products made in Africa is greater in regional markets than in external markets outside Africa, which are typically dominated by raw material exports. However, more than a decade after the adoption of the Comprehensive Africa Agriculture Development Programme (CAADP) in Maputo in 2003 by the New Partnership for Africa’s Development (NEPAD) in response to the stagnation of African agriculture, Africa continues to remain a marginal player, accounting for only 2.7 percent of world trade in goods and 5 percent of world agricultural trade (Bouët and Odjo, 2019).These figures are likely to trend downwards significantly in the near term due to the economic shock caused by the onset of the COVID-19 pandemic in 2020. The continent currently depends to a significant degree on extra-African sources for imports of food and agricultural products. The share of intra-African agricultural trade has been consistently below 20 percent in recent decades (Bouët and Odjo, 2019; AGRA, 2019). Comparable figures for intraregional agricultural trade are higher for Asia and Europe (more than 60 percent).

Africa agriculture trade monitor 2018

Author: Badiane, O. (ed)

Publisher: CTA

Published: 2018-09-01

Total Pages: 174

ISBN-13: 0896293491

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Boosting intra-African trade and deepening regional integration offer an effective vehicle to speed up Africa’s economic transformation. Increasing the volumes of intra-African trade in agricultural products and the elimination of non-tariff barriers have the potential to boost industrialization and enhance competitiveness, at country and industry levels, through higher investments in connectivity and infrastructure, both physical and digital.

Book Synopsis Africa agriculture trade monitor 2018 by : Badiane, O. (ed)

Download or read book Africa agriculture trade monitor 2018 written by Badiane, O. (ed) and published by CTA. This book was released on 2018-09-01 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: Boosting intra-African trade and deepening regional integration offer an effective vehicle to speed up Africa’s economic transformation. Increasing the volumes of intra-African trade in agricultural products and the elimination of non-tariff barriers have the potential to boost industrialization and enhance competitiveness, at country and industry levels, through higher investments in connectivity and infrastructure, both physical and digital.

Promoting Agricultural Trade to Enhance Resilience in Africa

Author: Godfrey Bahiigwa

Publisher: Intl Food Policy Res Inst

Published: 2014-10-31

Total Pages: 168

ISBN-13: 0896298604

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The 2013 Annual Trends and Outlook Report (ATOR) contributes to the emerging debate by analyzing Africas recent trade performance and future outlook at the global and regional levels, including discussions of the mechanisms of dealing with food price volatility, the scope for increasing trans-border trade, and the potential impacts of weather-related shocks and biophysical factors on intra-regional exports. The ATOR finds that Africas share of world trade of goods and services, and specifically of agricultural goods, made a turnaround and started increasing in the 2000s. Also, intra-Africa agricultural exports have grown rapidly in recent years, particularly in calorie terms, thus lessening the continents dependence on the West in terms of trade. The Report attributes the improved trade performance to recent improvements in economic growth and infrastructure on the continent, together with higher world prices for some key raw materials.

Book Synopsis Promoting Agricultural Trade to Enhance Resilience in Africa by : Godfrey Bahiigwa

Download or read book Promoting Agricultural Trade to Enhance Resilience in Africa written by Godfrey Bahiigwa and published by Intl Food Policy Res Inst. This book was released on 2014-10-31 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2013 Annual Trends and Outlook Report (ATOR) contributes to the emerging debate by analyzing Africas recent trade performance and future outlook at the global and regional levels, including discussions of the mechanisms of dealing with food price volatility, the scope for increasing trans-border trade, and the potential impacts of weather-related shocks and biophysical factors on intra-regional exports. The ATOR finds that Africas share of world trade of goods and services, and specifically of agricultural goods, made a turnaround and started increasing in the 2000s. Also, intra-Africa agricultural exports have grown rapidly in recent years, particularly in calorie terms, thus lessening the continents dependence on the West in terms of trade. The Report attributes the improved trade performance to recent improvements in economic growth and infrastructure on the continent, together with higher world prices for some key raw materials.

Africa agriculture trade monitor 2020

Author: Bouët, Antoine, ed.

Publisher: Intl Food Policy Res Inst

Published: 2020-10-05

Total Pages: 190

ISBN-13: 0896293904

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The 2020 Africa Agriculture Trade Monitor, the third in this series of flagship reports, presents an overview of trade in agriculture products in Africa and highlights the main impediments that affect intra- and extra-African trade. This year’s report includes chapters focusing on intra-Africa trade integration for agricultural products, including the role of nontariff measures, and on the competitiveness of African value chains that are crucial for food security (cereals, sugar, vegetable oils). The importance and measurement of informal cross-border trade for agricultural products is also examined. The final chapter looks at regional integration experiences in Southern Africa, with a focus on the Southern Africa Development Community. The report offers policy recommendations for improving agricultural exports performance, especially in the context of the unprecedented uncertainty the world is facing with the COVID-19 pandemic.

Book Synopsis Africa agriculture trade monitor 2020 by : Bouët, Antoine, ed.

Download or read book Africa agriculture trade monitor 2020 written by Bouët, Antoine, ed. and published by Intl Food Policy Res Inst. This book was released on 2020-10-05 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2020 Africa Agriculture Trade Monitor, the third in this series of flagship reports, presents an overview of trade in agriculture products in Africa and highlights the main impediments that affect intra- and extra-African trade. This year’s report includes chapters focusing on intra-Africa trade integration for agricultural products, including the role of nontariff measures, and on the competitiveness of African value chains that are crucial for food security (cereals, sugar, vegetable oils). The importance and measurement of informal cross-border trade for agricultural products is also examined. The final chapter looks at regional integration experiences in Southern Africa, with a focus on the Southern Africa Development Community. The report offers policy recommendations for improving agricultural exports performance, especially in the context of the unprecedented uncertainty the world is facing with the COVID-19 pandemic.

Africa agriculture trade monitor 2019

Author: Antoine Bouët

Publisher: Intl Food Policy Res Inst

Published: 2019-09-04

Total Pages: 184

ISBN-13: 0896296903

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The second annual Africa Agriculture Trade Monitor assesses emerging and long-term trends and drivers shaping Africa’s trade in agricultural products and evaluates the possible impacts of current trade tensions. The 2019 report focuses on intraregional trade and competitiveness, with chapters on measuring regional trade integration and competitiveness of agriculture, a feature chapter on the potential impact of global trade tensions, and an in-depth look at trade integration in the Eastern and Southern Africa region.

Book Synopsis Africa agriculture trade monitor 2019 by : Antoine Bouët

Download or read book Africa agriculture trade monitor 2019 written by Antoine Bouët and published by Intl Food Policy Res Inst. This book was released on 2019-09-04 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second annual Africa Agriculture Trade Monitor assesses emerging and long-term trends and drivers shaping Africa’s trade in agricultural products and evaluates the possible impacts of current trade tensions. The 2019 report focuses on intraregional trade and competitiveness, with chapters on measuring regional trade integration and competitiveness of agriculture, a feature chapter on the potential impact of global trade tensions, and an in-depth look at trade integration in the Eastern and Southern Africa region.

The African Continental Free Trade Area: Potential Economic Impact and Challenges

Author: Mr.Lisandro Abrego

Publisher: International Monetary Fund

Published: 2020-05-13

Total Pages: 41

ISBN-13: 1513542370

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Political momentum towards Africa-wide free trade has been intensifying. In March 2018, over 40 countries signed the African Continental Free Trade Area (AfCFTA) agreement. Once fully implemented, the AfCFTA is expected to cover all 55 African countries, with a combined GDP of about US$2.2 trillion. This SDN takes stock of recent trade developments in Sub-Saharan Africa and assesses the potential benefits and costs of the AfCFTA, as well as challenges to its successful implementation. In addition to increased trade flows both in existing and new products, the AfCFTA has the potential to generate substantial economic benefits for African countries. These benefits include higher income arising from increased efficiency and productivity from improved resource allocation, higher cross-border investment flows, and technology transfers. Besides lowering import tariffs, to ensure these benefits, African countries will need reduce other trade barriers by making more efficient their customs procedures, reducing their wide infrastructure gaps, and improving their business climates. At the same time, policy measures should be taken to mitigate the differential impact of trade liberalization on certain groups as resources are reallocated in the economy and activities migrate to locations with comparatively lower costs.

Book Synopsis The African Continental Free Trade Area: Potential Economic Impact and Challenges by : Mr.Lisandro Abrego

Download or read book The African Continental Free Trade Area: Potential Economic Impact and Challenges written by Mr.Lisandro Abrego and published by International Monetary Fund. This book was released on 2020-05-13 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: Political momentum towards Africa-wide free trade has been intensifying. In March 2018, over 40 countries signed the African Continental Free Trade Area (AfCFTA) agreement. Once fully implemented, the AfCFTA is expected to cover all 55 African countries, with a combined GDP of about US$2.2 trillion. This SDN takes stock of recent trade developments in Sub-Saharan Africa and assesses the potential benefits and costs of the AfCFTA, as well as challenges to its successful implementation. In addition to increased trade flows both in existing and new products, the AfCFTA has the potential to generate substantial economic benefits for African countries. These benefits include higher income arising from increased efficiency and productivity from improved resource allocation, higher cross-border investment flows, and technology transfers. Besides lowering import tariffs, to ensure these benefits, African countries will need reduce other trade barriers by making more efficient their customs procedures, reducing their wide infrastructure gaps, and improving their business climates. At the same time, policy measures should be taken to mitigate the differential impact of trade liberalization on certain groups as resources are reallocated in the economy and activities migrate to locations with comparatively lower costs.

The State of Agricultural Commodity Markets 2022

Author: Food and Agriculture Organization of the United Nations

Publisher: Food & Agriculture Org.

Published: 2022-06-27

Total Pages: 128

ISBN-13: 9251363730

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The State of Agricultural Commodity Markets 2022 (SOCO 2022) discusses how trade policies, based on both multilateral and regional approaches, can address today’s challenges for sustainable development. Trade policies in food and agriculture should aim to safeguard global food security, address the trade-offs between economic and environmental objectives, and strengthen the resilience of the global agrifood system to shocks, such as conflicts, pandemics and extreme weather. The report discusses the geography of trade, analysing food and agricultural trade and its patterns across countries and regions, its drivers and the trade policy environment. Comparative advantage, trade policies and trade costs shape the patterns of trade in food and agriculture. When comparative advantage plays out in the global market, trade benefits all countries. Lowering tariff barriers and reducing trade costs can promote trade and economic growth. Both multilateral and regional trade agreements can facilitate the process of making trade an avenue for growth but the gains of trade are distributed unevenly. When global environmental impacts, such as climate change, are considered, a multilateral approach to trade can help expand the reach of mitigation measures.

Book Synopsis The State of Agricultural Commodity Markets 2022 by : Food and Agriculture Organization of the United Nations

Download or read book The State of Agricultural Commodity Markets 2022 written by Food and Agriculture Organization of the United Nations and published by Food & Agriculture Org.. This book was released on 2022-06-27 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: The State of Agricultural Commodity Markets 2022 (SOCO 2022) discusses how trade policies, based on both multilateral and regional approaches, can address today’s challenges for sustainable development. Trade policies in food and agriculture should aim to safeguard global food security, address the trade-offs between economic and environmental objectives, and strengthen the resilience of the global agrifood system to shocks, such as conflicts, pandemics and extreme weather. The report discusses the geography of trade, analysing food and agricultural trade and its patterns across countries and regions, its drivers and the trade policy environment. Comparative advantage, trade policies and trade costs shape the patterns of trade in food and agriculture. When comparative advantage plays out in the global market, trade benefits all countries. Lowering tariff barriers and reducing trade costs can promote trade and economic growth. Both multilateral and regional trade agreements can facilitate the process of making trade an avenue for growth but the gains of trade are distributed unevenly. When global environmental impacts, such as climate change, are considered, a multilateral approach to trade can help expand the reach of mitigation measures.

Africa and the Formation of the New System of International Relations—Vol. II

Author: Alexey M. Vasiliev

Publisher: Springer Nature

Published: 2023-11-04

Total Pages: 379

ISBN-13: 3031340418

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In light of the growing number of African summits and a new awareness of international interdependence during the COVID-19 pandemic, this book provides a comprehensive analysis of the current state of Africa’s international relations (IR). Leading IR scholars from Africa and around the world examine international cooperation with African countries in areas such as health care, education, and peacekeeping and explore how Africa’s role in the system of international relations has changed during the COVID-19 pandemic. The book is divided into four parts, the first of which explores analyzes the various actors that constitute African agency in the post-pandemic world, while the second focuses on the summits of the major powers regarding cooperation with Africa. The third part covers public health cooperation and regional initiatives in Africa, including issues such as vaccine diplomacy, while the fourth and final part discusses conflicts & political process despite COVID Pandemics.

Book Synopsis Africa and the Formation of the New System of International Relations—Vol. II by : Alexey M. Vasiliev

Download or read book Africa and the Formation of the New System of International Relations—Vol. II written by Alexey M. Vasiliev and published by Springer Nature. This book was released on 2023-11-04 with total page 379 pages. Available in PDF, EPUB and Kindle. Book excerpt: In light of the growing number of African summits and a new awareness of international interdependence during the COVID-19 pandemic, this book provides a comprehensive analysis of the current state of Africa’s international relations (IR). Leading IR scholars from Africa and around the world examine international cooperation with African countries in areas such as health care, education, and peacekeeping and explore how Africa’s role in the system of international relations has changed during the COVID-19 pandemic. The book is divided into four parts, the first of which explores analyzes the various actors that constitute African agency in the post-pandemic world, while the second focuses on the summits of the major powers regarding cooperation with Africa. The third part covers public health cooperation and regional initiatives in Africa, including issues such as vaccine diplomacy, while the fourth and final part discusses conflicts & political process despite COVID Pandemics.

FAO publications catalogue 2022

Author: Food and Agriculture Organization of the United Nations

Publisher: Food & Agriculture Org.

Published: 2022-04-05

Total Pages: 132

ISBN-13: 9251359628

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This catalogue aims to improve the dissemination and outreach of FAO’s knowledge products and overall publishing programme. By providing information on its key publications in every area of FAO’s work, and catering to a range of audiences, it thereby contributes to all organizational outcomes. From statistical analysis to specialized manuals to children’s books, FAO publications cater to a diverse range of audiences. This catalogue presents a selection of FAO’s main publications, produced in 2021 or earlier, ranging from its global reports and general interest publications to numerous specialized titles. In addition to the major themes of agriculture, forestry and fisheries, it also includes thematic sections on climate change, economic and social development, and food safety and nutrition

Book Synopsis FAO publications catalogue 2022 by : Food and Agriculture Organization of the United Nations

Download or read book FAO publications catalogue 2022 written by Food and Agriculture Organization of the United Nations and published by Food & Agriculture Org.. This book was released on 2022-04-05 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: This catalogue aims to improve the dissemination and outreach of FAO’s knowledge products and overall publishing programme. By providing information on its key publications in every area of FAO’s work, and catering to a range of audiences, it thereby contributes to all organizational outcomes. From statistical analysis to specialized manuals to children’s books, FAO publications cater to a diverse range of audiences. This catalogue presents a selection of FAO’s main publications, produced in 2021 or earlier, ranging from its global reports and general interest publications to numerous specialized titles. In addition to the major themes of agriculture, forestry and fisheries, it also includes thematic sections on climate change, economic and social development, and food safety and nutrition

FAO publications catalogue 2021

Author: Food and Agriculture Organization of the United Nations

Publisher: Food & Agriculture Org.

Published: 2021-10-19

Total Pages: 130

ISBN-13: 9251350892

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Book Synopsis FAO publications catalogue 2021 by : Food and Agriculture Organization of the United Nations

Download or read book FAO publications catalogue 2021 written by Food and Agriculture Organization of the United Nations and published by Food & Agriculture Org.. This book was released on 2021-10-19 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: This catalogue aims to improve the dissemination and outreach of FAO’s knowledge products and overall publishing programme. By providing information on its key publications in every area of FAO’s work, and catering to a range of audiences, it thereby contributes to all organizational outcomes. From statistical analysis to specialized manuals to children’s books, FAO publications cater to a diverse range of audiences. This catalogue presents a selection of FAO’s main publications, produced in 2021 or earlier, ranging from its global reports and general interest publications to numerous specialized titles. In addition to the major themes of agriculture, forestry and fisheries, it also includes thematic sections on climate change, economic and social development, and food safety and nutrition.