Reviewing Agricultural Trade Policies
To Promote Intra-OIC Agricultural Trade
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Source: ITC Macmap, CEPII BACI, Eurostat RAMON, UN Comtrade, UN Trade Statistics, and authors’ calculations
2.1.1. Sectoral breakdown of major trading blocs’ exports and imports
At this stage, a closer look at division level will help better understand the evolution of the global
agricultural trade. Here again the analysis will be based on the major trading blocs and the
change in the share of their top 5 export and import products in total exports and imports
respectively. At global level, the top three product categories in the agricultural trade are
vegetables-fruit, cereals and beverages-tobacco. Fish and Meat follow closely as the fourth and
fifth divisions (Figure 2. 5).
Figure 2. 5 Breakdown of Global Agricultural Trade by Product Divisions, 2016
Source: ITC Macmap, CEPII BACI, Eurostat RAMON, UN Comtrade, UN Trade Statistics, and authors’
calculations
In Figure 2.6, treemaps are used to compare the 4 trading blocs and the rest of the world with
regard to top 5 export and import agricultural products divisions. With the exception of oils, fats,
waxe as the top product division in their exports of both ASEAN and OIC, none of the other three
blocs have overlapping top first division, Among the top three divisions, vegetables and fruit is
the only common product division to all four blocs and OIC. NAFTA competes in oil seeds with
MERCOSUR. The fact that vegetables and fruit is among the top 5 import divisions of all those
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Fish Products
NAFTA MERCOSUR ASEAN EU-28 OIC