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BRICS Countries Farm Trade Performance


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1 School of Studies in Economics, Pt. Ravishankar Shukla University, Raipur CG, India
     

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This paper makes an attempt to examine the performance of BRICS agricultural trade in World Trade Organization regime with regards to the selected parameters, i.e. export growth rate. It had been found that their was increased in percentage share of selected agricultural product of the BRICS nation in post WTO regime, except China and India it is because of export of large variety agricultural products. On the basis of the overall study trade performance in AOA regime it had been noticed that, the export growth rate in BRICS countries suggests that during the post WTO phase the bulk of total export growth is mainly supported by diversification of non agricultural product, the expansion of world agricultural markets and increase in share of active expansion of the market, increased in farm export value in post WTO phase and in post phase more export of commodities then before implication of AoA. There is positive impact on the WTO’s aggrement on agriculture in post WTO era in BRICS countries, the overall export growth rate was positive.

Keywords

Agricultural Trade, Agreement on Agriculture, BRICS Countries, Export Growth Rate, Trade Performance, World Trade Oraganization.
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  • BRICS Countries Farm Trade Performance

Abstract Views: 259  |  PDF Views: 1

Authors

Kiran Bala Das
School of Studies in Economics, Pt. Ravishankar Shukla University, Raipur CG, India
Ravindra Brahme
School of Studies in Economics, Pt. Ravishankar Shukla University, Raipur CG, India

Abstract


This paper makes an attempt to examine the performance of BRICS agricultural trade in World Trade Organization regime with regards to the selected parameters, i.e. export growth rate. It had been found that their was increased in percentage share of selected agricultural product of the BRICS nation in post WTO regime, except China and India it is because of export of large variety agricultural products. On the basis of the overall study trade performance in AOA regime it had been noticed that, the export growth rate in BRICS countries suggests that during the post WTO phase the bulk of total export growth is mainly supported by diversification of non agricultural product, the expansion of world agricultural markets and increase in share of active expansion of the market, increased in farm export value in post WTO phase and in post phase more export of commodities then before implication of AoA. There is positive impact on the WTO’s aggrement on agriculture in post WTO era in BRICS countries, the overall export growth rate was positive.

Keywords


Agricultural Trade, Agreement on Agriculture, BRICS Countries, Export Growth Rate, Trade Performance, World Trade Oraganization.