The impact of Ukrainian imports on the food security of its trade partners
Iryna Babets,
Lev Vlasenko,
Mariya Fleychuk,
Nataliya Nakonechna and
Oksana Salamin
Ekonomika, Journal for Economic Theory and Practice and Social Issues, 2024, vol. 31, issue 5
Abstract:
The relevance of the problem under study is that changes in foreign markets can significantly affect the food sector of other countries, and global food security, measured by a set of indicators, including the Global Hunger Index, is one of the main threats to international economic stability. The research aimed to assess the relationship between the food security of China, Bangladesh, Sri Lanka, Pakistan, Vietnam, Indonesia, and India and the dynamics of their imports of agricultural and food products from Ukraine. The study used a range of methods, including an analysis of the dynamics of the Global Hunger Index of Ukraine’s largest importers, and structural and regression analysis of agricultural imports from Ukraine. The results revealed a positive impact of Ukraine’s food imports on the food security of several countries. Specifically, the study found that imports of vegetables from Ukraine have a positive impact on China’s food security, while Ukrainian milk, dairy products, poultry eggs, natural honey, oilseeds, and oilseed fruits help to ensure food security in Indonesia. Grain imports from Ukraine also have a positive impact on Pakistan’s food security. However, the study did not confirm a statistically significant correlation between the dynamics of the Global Hunger Index and food imports from Ukraine to Bangladesh, India, Sri Lanka, Vietnam, and Vietnam in the period from 2011 to 2023. The study’s practical significance is determined by understanding the impact of Ukrainian imports on trading partners’ food security, as well as the need to develop strategies to diversify supplies and stimulate domestic production in order to guarantee the resilience and sustainability of these countries’ food sectors
Keywords: International; Relations/Trade (search for similar items in EconPapers)
Date: 2024
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