{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

In 2009 the top 10 countries shared 87 of total

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: g the recession both within and beyond the Asia‐Pacific region. Interestingly, Indonesia and Malaysia increased their intra‐regional share, reaching up to two‐thirds of their agro‐exports in 2009. On the one hand, these 7 figures indicate that the Asia‐Pacific region’s exports are well exposed to global shocks. On the other hand, they indicate that some economies have successfully turned to their regional partners to avoid a complete fall‐back. However, questions remain: How many Asia‐ Pacific countries are able to dent the regional export figures of agricultural products, in good or bad times? Who are the main players and what is Asia‐Pacific’s export basket? The following discussion endeavors to address some of these questions. Few countries lead in exports Only a handful of Asia‐Pacific countries have been sharing most of the agro‐exports originating in the region. In 2009, the top 10 countries shared 87% of total Asia‐Pacific exports with China topping the list. Southeast Asian countries held a major share followed by Australia, New Zealand and East and Northeast Asian countries 7 . Source: COMTRADE 2011 Asia‐Pacific agro‐exports have kept up with World agro‐exports in terms of growth trends. Based on indices, the top 50 world agro‐exporters have grown at an average annual rate of 19% during 2000‐2008, the corresponding figure for the top 10 Asia‐Pacific countries is 18 per cent. India, Indonesia, Malaysia, Russian Federation, Thailand and Viet Nam are among the top 10 contributors to such strong export growth. China, the largest agro‐ 7 Data missing for most pacific island countries and Bangladesh, Brunei, Iran (the Islamic Republic of Iran), Nepal, Mongolia, Tajikistan and Turkmenistan. However, data from previous years of these countries do not change the basic composition of top exporting countries. 8 exporter of this region, ranks 10th among the 20 largest exporters to the world. Among the top 50 average exporters in the World, some Asia‐Pacific countries grew their agro‐exports significantly during 2000‐08. The Russian Federation topped 8 the list including India, Indonesia, Malaysia, and Viet Nam, as being one of the 10 fastest growing exporters in the world with a 15‐23% growth rate (see Fig IV). In this period, agricultural production practices improved due to the emergence of large integrators that helped to improve production practices and export the produce. However, no Asia‐Pacific least developed countries or landlocked developing countries were part of the top 50 average exporter list. Asia‐Pacific developing countries have low per Asia‐Pacific agro‐export when compared with their agricultural GDP with the exception of a few well performing Southeast Asian nations such as Thailand and Malaysia (see Fig V). Conversely, developed economies such as New Zealand and Australia have significantly higher per capita agro‐export values. This only reinforces the fact that participation of developing nations including the least developed countries is low in agro‐exports, with only a few players responsible for boosting the figures. Source: FAO 2009 and COMTRADE 2011 The Asia‐Pacific region has risen significantly as an agricultural producer region with limited proportionate reflection on its exports. Data from the FAO suggests that, some countries (for example, the Lao PDR and Myanmar) have made phenomenal growth in agricultural production with no corresponding reflection in exports. It was also reported that 8 Russian Federation significantly increased its grains production during 2000‐08. Liefert et. al (2009) suggests downfall of the local livestock sector and subsequent increase in grain production as a major factor. 9 least developed countries had the strongest production growth in the last decade, followed by the rest of the world and the BRIC 9 countries. India is the second largest fresh vegetable (HS 7) producer in the World (FAO 2011). However, its share of global trade is just above 1 percent. Multiple factors including meeting domestic demand, poor productive capacit...
View Full Document

{[ snackBarMessage ]}

Ask a homework question - tutors are online