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Implications of the WTO agreement on agriculture for the trade in oilseeds and oil-meals

image of Implications of the WTO agreement on agriculture for the trade in oilseeds and oil-meals

Global production and export trade in oilseeds and oil-meals are dominated by a small number of countries. About 70% of the total oilseed output is produced by seven countries/regions (China, India, the United States, Brazil, Argentina, Canada and the European Union). The European Union alone accounts for over 80% of the oilseed trade. This is why the international trade in oilseeds has been less restricted by tariffs and non-tariff trade control measures than many other agricultural commodities, including oilseed products (oils in particular).

Related Subject(s): International Trade and Finance
Sustainable Development Goals:
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