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International trade in processed food, feedstuffs and beverages



International trade in processed food, feedstuffs and beverages



Monthly Bulletin of Agricultural Economics and Statistics 23(2): 1-13



The article is a first attempt to present, largely in statistical terms, a picture of the trends and patterns of international trade on processed foods during the UN First Development Decade and, in particular, to find answers to such questions as these: What is the developing countries' share of the aggregate processed-food trade? Which are the products with the most dynamic growth? Which are the biggest and the fastest growing markets? What is the direction and the relative size of the principal trade flows? The statistics given cover the 1960-69 period since at the time of writing there were no figures available for later years. From the limited information available for later years it seems certain that world exports of processed foods have been growing rapidly, though for the developing countries as a whole this acceleration has thus far been of limited value, since processed foods form a small proportion of their total food exports. This article describes the trends and patterns of international trade in processed food during the 1st development decade (1960-1969) of the UN. The proportion of livestock products (mainly dried and evaporated milk and cheeses) in the processed-food market did not change significantly during this period (21.6% in 1960 and 20.6% in 1969). Characteristics of the various markets, the largest being the EEC, UK and USA, are described and compared. Detailed information on exports is given, including tabulated estimates of major export flows in 1969 and export values with the average annual growth rates during the decade of milk (evaporated/dried), butter, cheese and curd for the developed, developing and centrally planned exporting countries. The direction of trade and the export outlook for 1970-1980 are also discussed.

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