COVID-19 and Its Impact on African Trade

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International Food Policy Research Institute (IFPRI)

Joseph Glauber POLICY SEMINAR Virtual Event - COVID-19, global markets and African agricultural trade: Impacts on growth and food security Organized by IFPRI, with support from the United States Agency for International Development (USAID) SEP 17, 2020 - 09:30 AM TO 11:00 AM EDT

Government & Nonprofit

COVID-19 and its impact on African Trade
Joe Glauber, IFPRI
17 September 2020

Transportation Costs Rise
Shipping Costs Air Cargo Costs

Projected Change in Global Consumption, 2020 vs
2019
-20.0%
-15.0%
-10.0%
-5.0%
0.0%
5.0%
10.0%
Maize Cotton Soybean Rice Wheat Beef and
Veal
Chicken Swine
Source: USDA, PSD Online

Vulnerability to grain export restrictions
Subregion Cereals as share of diet
Cereal import
dependence
Cereal imports as share of
diet
Percent
Eastern Africa 58 16.3 9.5
Middle Africa 30 31.9 9.6
Northern Africa 57 53.4 30.4
Southern Africa 54 24.1 13.0
Western Africa 66 21.9 14.5
Source: FAOStat

Effect of export restrictions relatively minor
to date
Source: Laborde 2020, Export Restrictions Tracker

La crise sanitaire, économique et énergétique provoquée par le coronavirus a bouleversé les grands équilibres mondiaux. Dans le domaine de l'énergie, l'effondrement de la demande, provoquée par les mesures de confinement, a entraîné le prix des matières premières à des niveaux historiquement bas, mettant en péril l'industrie de ce secteur. Ce rapport (en anglais) vise à détailler comment le coronavirus a affecté l'économie mondiale et les marchés énergétiques, avec un focus sur le marché pétrolier, particulièrement touché par cette crise. Les perspectives d'avenir pour la consommation, la production et les prix des différentes matières premières (pétrole, gaz naturel, charbon et électricité) sont analysées au sein de cette publication, afin de donner une idée globale du futur secteur énergétique. Une dernière partie, rédigée par Ronan Fleckstein, est consacrée aux effets de cette crise sur l'économie, le secteur hospitaliers et la chute des revenus pétroliers des Etats africains. Ce rapport est également disponible sur le site américain Energy Central : https://energycentral.com/c/og/global-oil-market-and-covid-19-crisis-impact-and-forecast N'hésitez pas à partager, télécharger ou commenter cette publication.

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