2021
DOI: 10.1371/journal.pone.0256242
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Bananas, coffee and palm oil: The trade of agricultural commodities in the framework of the EU-Colombia free trade agreement

Abstract: 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 ri… Show more

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Cited by 7 publications
(5 citation statements)
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“…And in the case of Colombia this has increased the participation of the palm oil sector in the national agricultural production. Even the export volume of Colombian palm oil to Europe in 2018 was 252% higher than in 2011, growing faster, than traditional agriculture products such as bananas and coffee, and carrying to the reduction of diversification of agriculture products exported [ 82 ].…”
Section: Resultsmentioning
confidence: 99%
“…And in the case of Colombia this has increased the participation of the palm oil sector in the national agricultural production. Even the export volume of Colombian palm oil to Europe in 2018 was 252% higher than in 2011, growing faster, than traditional agriculture products such as bananas and coffee, and carrying to the reduction of diversification of agriculture products exported [ 82 ].…”
Section: Resultsmentioning
confidence: 99%
“…Aunado a lo anterior, países como Ecuador, Colombia y Perú realizaron negociaciones en conjunto con la Unión Europea, dando como resultado la firma de su propio tratado en el año 2016 (Cubillos et al, 2021).…”
Section: Discussionunclassified
“…The number of RTAs in force across the world has risen from 81 in the year 2000 to 355 by 2022, reflecting the significance of trade agreements in eliminating the hurdles to free trade. The gains of FTAs include diversification of markets and diversification of commodities exported, resulting in increased exports for the participating member countries (Cubillos et al, 2021). Several countries, with the aim of achieving higher economic growth and enhancing the production of consumer goods and services in a cost-effective manner, negotiate bilateral free trade agreements that ultimately promote multilateral trade (Trakman, 2008).…”
Section: Literature Reviewmentioning
confidence: 99%