1945

Global agricultural trade crops, livestock, fisheries and forestrygrew by 11.1 percent in 1987, bringing the total for 1986-87 to an impressive cumulative total of 23 percent. Since trade in other economic sectors grew even faster, however, the long-term decline in agriculture’s share of world merchandise trade continued: to 14 percent in 1986 and 13 percent in 1987. Among the main agricultural subsectors, trade expanded most rapidly in fisheries and, to a lesser extent, forestry. Trade in crops and livestock grew somewhat more slowly (10 percent). Nevertheless, this was the strongest increase for crops and livestock of any consecutive two years since the commodity boom period of 1977-80.

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