Previous Page  62 / 152 Next Page
Information
Show Menu
Previous Page 62 / 152 Next Page
Page Background

Analysis of Agri-Food Trade Structures

To Promote Agri-Food Trade Networks

In the Islamic Countries

45

To analyze intra-OIC trade in agricultural products further, it is informative to examine the

product composition of trade relations within the organization over time, focusing on the

leading products identified above. Figure 22 shows the evolution of product shares over the last

decade. Focusing on the ten leading products from each of the three regional groups on the

export and import sides allows us to capture nearly 70%of total intra-OIC trade. This proportion

is relatively stable over time except for 2008-2010, when trade flows were likely significantly

affected by the Global Financial Crisis. Looking at the product categories in detail, it is clear that

by value, palm oil is the most important product for intra-OIC trade, followed by vegetables and

fruit and nuts. Most product shares are relatively stable over time, but there is a noticeable

decline in the importance of rice within intra-OIC trade. Given that rice is generally becoming

more important as a staple in the developing world, including in Africa, this dynamic likely

shows that importers are diversifying their suppliers outside the OIC, in particular to focus on

competitive producers in non-OIC Asia. These results generally show that intra-OIC trade is

quite concentrated in product terms, and that there is a certain stability in the relative

proportions of trade flows accounted for by different products over time. However, Figure 22

does not show growth in intra-OIC trade in agricultural products, which increased nearly 2.5

times over a decade, from $15.4bn in 2005 to $37.3bn in 2016.

Figure 22: Breakdown of Intra-OIC Trade, by Product, 2005-2016, Percent

Source: Authors’ calculations based on UN Comtrade Data.

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Live Animals

Fish and crustaceans Rice

Bread products

Vegetables

Fruit and nuts

Coffee

Cocoa and chocolate

Other edible products Tobacco

Oil seeds

Crude rubber

Cork and wood

Cotton

Palm oil

Rest of 06

Rest of 04

Other