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Bananas, coffee and palm oil: The trade of agricultural commodities in the framework of the EU-Colombia free trade agreement

Generally, research and studies about commodities focus on price trends, analysis in terms of international competitiveness, market position structure, rate of net exports, market share, and concentration index. This paper has developed an analysis of the most influential agricultural commodities tr...

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Detalles Bibliográficos
Autores principales: Cubillos T., Julieth P., Soltész, Béla, Vasa, László
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Public Library of Science 2021
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8384221/
https://www.ncbi.nlm.nih.gov/pubmed/34428244
http://dx.doi.org/10.1371/journal.pone.0256242
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author Cubillos T., Julieth P.
Soltész, Béla
Vasa, László
author_facet Cubillos T., Julieth P.
Soltész, Béla
Vasa, László
author_sort Cubillos T., Julieth P.
collection PubMed
description Generally, research and studies about commodities focus on price trends, analysis in terms of international competitiveness, market position structure, rate of net exports, market share, and concentration index. This paper has developed an analysis of the most influential agricultural commodities traded from Colombia to European Union, which are bananas, coffee, and palm oil. Analyzing the economic and commercial effects in two traditional agricultural commodities from Colombia (bananas and coffee) with the rise of palm oil as a commodity in the trade relation with its partner; the European Union. The structure draws from the overview of general aspects and the behavior of Colombian foreign trade, as diversification of export products and trade partners, to focus on the characteristics of the trade relationship between the European Union and Colombia. The aim is analyze the proportional relation between bananas, coffee, and palm oil exported to the EU, according to three indicators, the volume of production, exports share, and trade value, from 2008 until 2019, identifying the trends before and after the implementation of the free trade agreement. Finally, with the coefficient correlation, determine the agricultural commodity that has the strongest and positive relationship with the total agricultural exports value from Colombia to the European Union.
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spelling pubmed-83842212021-08-25 Bananas, coffee and palm oil: The trade of agricultural commodities in the framework of the EU-Colombia free trade agreement Cubillos T., Julieth P. Soltész, Béla Vasa, László PLoS One Research Article Generally, research and studies about commodities focus on price trends, analysis in terms of international competitiveness, market position structure, rate of net exports, market share, and concentration index. This paper has developed an analysis of the most influential agricultural commodities traded from Colombia to European Union, which are bananas, coffee, and palm oil. Analyzing the economic and commercial effects in two traditional agricultural commodities from Colombia (bananas and coffee) with the rise of palm oil as a commodity in the trade relation with its partner; the European Union. The structure draws from the overview of general aspects and the behavior of Colombian foreign trade, as diversification of export products and trade partners, to focus on the characteristics of the trade relationship between the European Union and Colombia. The aim is analyze the proportional relation between bananas, coffee, and palm oil exported to the EU, according to three indicators, the volume of production, exports share, and trade value, from 2008 until 2019, identifying the trends before and after the implementation of the free trade agreement. Finally, with the coefficient correlation, determine the agricultural commodity that has the strongest and positive relationship with the total agricultural exports value from Colombia to the European Union. Public Library of Science 2021-08-24 /pmc/articles/PMC8384221/ /pubmed/34428244 http://dx.doi.org/10.1371/journal.pone.0256242 Text en © 2021 Cubillos T. et al https://creativecommons.org/licenses/by/4.0/This is an open access article distributed under the terms of the Creative Commons Attribution License (https://creativecommons.org/licenses/by/4.0/) , which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
spellingShingle Research Article
Cubillos T., Julieth P.
Soltész, Béla
Vasa, László
Bananas, coffee and palm oil: The trade of agricultural commodities in the framework of the EU-Colombia free trade agreement
title Bananas, coffee and palm oil: The trade of agricultural commodities in the framework of the EU-Colombia free trade agreement
title_full Bananas, coffee and palm oil: The trade of agricultural commodities in the framework of the EU-Colombia free trade agreement
title_fullStr Bananas, coffee and palm oil: The trade of agricultural commodities in the framework of the EU-Colombia free trade agreement
title_full_unstemmed Bananas, coffee and palm oil: The trade of agricultural commodities in the framework of the EU-Colombia free trade agreement
title_short Bananas, coffee and palm oil: The trade of agricultural commodities in the framework of the EU-Colombia free trade agreement
title_sort bananas, coffee and palm oil: the trade of agricultural commodities in the framework of the eu-colombia free trade agreement
topic Research Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8384221/
https://www.ncbi.nlm.nih.gov/pubmed/34428244
http://dx.doi.org/10.1371/journal.pone.0256242
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