Despite pleas from international organizations, governments and trade economists to refrain from imposing trade-distorting measures, over 20 countries have implemented bans on the export of agri-food products since the onset of the COVID-19 crisis. These export prohibitions might adversely impact food security and disrupt well-established global supply chains. We identify importing countries that could potentially be affected by the imposed export bans using a measure of their import dependency during the pre-pandemic period to illustrate our results on global trade maps. We find that many importers rely on just one country for a significant share of the overall domestic supply of a particular commodity. [EconLit Citations: F10, F13, Q17, Q18].
Bibliographical notePublisher Copyright:
© 2020 The Authors. Agribusiness published by Wiley Periodicals LLC
Copyright 2020 Elsevier B.V., All rights reserved.
- agri-food trade
- export bans
- food security
- temporary trade measures
ASJC Scopus subject areas
- Economics and Econometrics
- Geography, Planning and Development