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International Trade in Food and Agro-Based Products in the Time of COVID-19 Cover

International Trade in Food and Agro-Based Products in the Time of COVID-19

Open Access
|Jun 2024

Abstract

The aim of the study is to examine the regional impact of the COVID-19 pandemic and its individual waves on foreign trade in food and agro-based products in the world’s largest trading countries. The study was based on the statistical database of the International Trade Centre (ITC). In addition to the basic analysis, use was made of the auto-correlation method to detect special relationships between foreign food trade of different countries. The results show that the pandemic has had the greatest impact on agricultural and food trade in the United States, but it has spilled over to other countries as well, especially its two major trading partners, the European Union and China. Food trade stagnated in the initial period of the pandemic, but later recovered relatively well. The six examined regions can be divided into three groups based on the typical features of their autocorrelation.

DOI: https://doi.org/10.14746/quageo-2024-0016 | Journal eISSN: 2081-6383 | Journal ISSN: 2082-2103
Language: English
Page range: 5 - 16
Submitted on: Nov 24, 2022
Published on: Jun 21, 2024
Published by: Adam Mickiewicz University
In partnership with: Paradigm Publishing Services
Publication frequency: 4 issues per year
Related subjects:

© 2024 Nóra Gombkötő, Katalin Mezei, published by Adam Mickiewicz University
This work is licensed under the Creative Commons Attribution 4.0 License.