Agricultural Trade in the Global South
ebook ∣ An Overview of Trends in Performance, Vulnerabilities, and Policy Frameworks
By Food and Agriculture Organization of the United Nations
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South-South Cooperation (SSC) is increasingly recognized as an effective instrument for catalyzing economic development by fostering the exchange of innovation and good practices, and expanding market opportunities across countries with a similar level of development and shared development objectives, such as those reflected in the Sustainable Development Goals (SDGs). Key to this economic cooperation are trade and investment relationships among South countries. The importance of South countries in global agrifood markets and trade has been increasing over the last two decades, with growth in their participation, as both exporters and importers, having outpaced that of North countries. Agricultural productivity growth has fueled expansion in the production of some products, while population growth and urbanization, rapid economic growth and increasing per capita incomes have contributed to growing demand for diverse food products.