2023. IAMO FORUM von Leibniz-Institut für Agrarentwicklung in Transformationsökonomien (IAMO)
CONTACT
Leibniz Institute of Agricultural Development in Transition Economies (IAMO)
Theodor-Lieser-Str. 2
06120 Halle (Saale), Germany
forum2023(at)iamo.de | www.iamo.de/forum/2023
International agricultural trade is key to improving global food security. It ensures better access to more diversified and nutritious food, especially in low-income countries, and acts as a safety net against food shortages caused by climate risks, crises, political tensions and other shocks. However, recent supply chain disruptions resulting from the COVID-19 pandemic, extreme weather events and the war in Ukraine have posed serious challenges to international agricultural trade. Rising geopolitical risks, such as the China-US trade conflict and tensions between Russia and the West, are further challenging trade relations. Following a long period of reduced agricultural trade barriers, the global food economy could now be faced with growing isolation and autarky resulting from trade-restricting measures, such as sanctions and export restrictions.