The important of international trade in managing food security risks during the pandemic time in Kosovo

Session

Agriculture, Food Science and Technology

Description

International food trade, in addition to being an economic activity, is also an activity deeply linked to food security, the well-being of the population and politics. The purpose of this study is to assess the impact of international trade on food security during the COVID 19 pandemic in Kosovo. Although trade in agricultural products during this period has been shown to be more flexible than trade in other commodities due to the essential nature of food products, additional disruptions in the supply chain can start and undermine this sustainability. Interruptions in food supply chains pose a risk to global and local food security, especially in Kosovo given that according to (Ask, 2020), trade in goods in 2019 represents a trade deficit of 3.113.34 billion euros. Despite the concluded trade agreements (CEFTA, SAA, FTA with Turkey), Kosovo continues to face a large negative trade balance, with an annual trade deficit that reached the value of over 3.1 billion euros in 2019, reflecting a low level of competition in domestic, and foreign markets and with a lack of product variety. Trade plays a crucial role in global food security. This point has been made by several international economic organizations and groups since the outbreak of COVID-19.

Keywords:

International trade, food, import-export; food security, pandemic COVID 19

Session Chair

Xhavit Bytyqi

Session Co-Chair

Valon Durguti

Proceedings Editor

Edmond Hajrizi

ISBN

978-9951-437-96-7

Location

Lipjan, Kosovo

Start Date

31-10-2020 1:30 PM

End Date

31-10-2020 3:00 PM

DOI

10.33107/ubt-ic.2020.196

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Oct 31st, 1:30 PM Oct 31st, 3:00 PM

The important of international trade in managing food security risks during the pandemic time in Kosovo

Lipjan, Kosovo

International food trade, in addition to being an economic activity, is also an activity deeply linked to food security, the well-being of the population and politics. The purpose of this study is to assess the impact of international trade on food security during the COVID 19 pandemic in Kosovo. Although trade in agricultural products during this period has been shown to be more flexible than trade in other commodities due to the essential nature of food products, additional disruptions in the supply chain can start and undermine this sustainability. Interruptions in food supply chains pose a risk to global and local food security, especially in Kosovo given that according to (Ask, 2020), trade in goods in 2019 represents a trade deficit of 3.113.34 billion euros. Despite the concluded trade agreements (CEFTA, SAA, FTA with Turkey), Kosovo continues to face a large negative trade balance, with an annual trade deficit that reached the value of over 3.1 billion euros in 2019, reflecting a low level of competition in domestic, and foreign markets and with a lack of product variety. Trade plays a crucial role in global food security. This point has been made by several international economic organizations and groups since the outbreak of COVID-19.