Center for Agricultural Trade
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Browsing Center for Agricultural Trade by Subject "Agricultural Trade"
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- Has Covid19 Caused a Great Trade Collapse? An Initial Ex Post AssessmentArita, Shawn; Grant, Jason H.; Sydow, Sharon (Virginia Tech. Center for Agricultural Trade, 2020-11)This paper conducts an early econometric examination of the impacts of COVID-19 on international trade. We find the pandemic reduced global agricultural trade by 4.2% in the 2nd and 3rd quarters of 2020. Agricultural trade was found to be significantly more stable than nonagricultural trade; however, the level of disruption varies substantially across commodities.