Issue |
E3S Web Conf.
Volume 574, 2024
1st International Scientific Conference “Green Taxonomy for Sustainable Development: From Green Technologies to Green Economy” (CONGREENTAX-2024)
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Article Number | 02008 | |
Number of page(s) | 8 | |
Section | Green Transformation | |
DOI | https://doi.org/10.1051/e3sconf/202457402008 | |
Published online | 02 October 2024 |
Anatomy of Competition in the Global Agricultural Market: A Cross-Country Comparative Analysis
Isparta University of Applied Sciences, Faculty of Agriculture, Department of Agricultural Economics, 32000 Isparta, Türkiye
* Corresponding author: mevlutgul@isparta.edu.tr
With the concept of sustainability that emerged in the twentieth century, discussions on agricultural production methods continue. Agriculture maintains its position of strategic importance for all countries in general. The fact that it is directly related to people’s nutrition is the key factor that makes the sector important. The significance of agriculture has required countries to compete. The volume of global agricultural production exceeded 5 trillion US dollars on average for 2021-2022, increasing by about 19% over the last decade. This study analyses the competitiveness of the top ten leading countries and Türkiye and Uzbekistan in global agricultural trade. Vollrath’s Relative Export Advantage Index (RXA) was calculated using competitiveness analysis. The data of 24 food and agricultural product groups for 2013-2022 were used in the index calculations. The analysis showed that China and Germany had a comparative disadvantage in exports of agricultural products, while the US, the Netherlands, Brazil, France, Spain, Canada, Italy, Belgium, Türkiye, and Uzbekistan had a comparative advantage. Brazil, the Netherlands, and Spain had the highest competitive advantage. Increasing efficiency, productivity, and quality as well as reducing costs are considered important issues in enhancing the competitiveness of countries.
Key words: Agriculture / Competitiveness / Export / Relative Export Advantage Index
© The Authors, published by EDP Sciences, 2024
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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