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GTAP Resources: Resource Display

GTAP Resource #7293

"The external agri-food commodities trade under the AfCFTA"
by Simola, Antti, Ole Boysen and Emanuele Ferrari


Abstract
Africa's trade has historically been more with non-African partners than within the continent. This trend might change with the African Continental Free Trade Agreement (AfCFTA), which aims to boost intra-African trade and reduce reliance on external countries. The AfCFTA could notably affect agriculture, food production, and natural resource sectors by shifting trade patterns.

The European Union remains a significant trade partner for Africa's agri-food commodities, but China and the United States are also increasing economic ties with the continent. Understanding these evolving trade relations is crucial for researchers and policymakers.

Our study assesses the AfCFTA's potential impact on Africa's agri-food trade using the global computable general equilibrium (CGE) model MAGNET and data from the Global Trade Analysis Project (GTAP) database. We consider baseline scenarios and alternative scenarios that reflect deeper African integration and the implications for global trade blocs. Our research examines how the AfCFTA might lead non-African countries to alter their trade policies in response to a more unified African market.

This study contributes a new perspective on how the AfCFTA could change agri-food trade between Africa and the global economy, an area that has not been extensively explored. The findings are important for policymakers, business leaders, and scholars interested in the evolution of international trade as Africa moves towards greater economic unity.


Resource Details (Export Citation) GTAP Keywords
Category: 2024 Conference Paper
Status: Not published
By/In: Presented during the 27th Annual Conference on Global Economic Analysis (Fort Collins, Colorado, USA)
Date: 2024
Version:
Created: Simola, A. (4/15/2024)
Updated: Simola, A. (4/15/2024)
Visits: 203
- Multilateral trade negotiations
- Non-Tariff barriers
- Africa (Central)
- Africa (East)
- Africa (North)
- Africa (Southern)
- Africa (West)


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