Opportunities, Challenges, and Strategic Responses for International Agricultural Trade in the Digital Era

Jian Wang

European Journal of Business, Economics & Management, 2025, vol. 1, issue 4, 21-29

Abstract: The digitalization of international agricultural trade has emerged as a transformative force, reshaping production, distribution, and market dynamics in the global agri-food sector. This review examines the current status of digital adoption in agriculture, highlighting key technologies such as blockchain, e-trading platforms, Internet of Things (IoT), and big data analytics, and analyzes their impacts on trade efficiency, transparency, and market access. The study further explores opportunities created by digitalization, including reduced transaction costs, enhanced supply chain traceability, and innovative financial instruments that support risk management and inclusive participation for smallholder farmers and SMEs. Concurrently, the review identifies critical challenges and risks, encompassing technological barriers, regulatory inconsistencies, market inequality, and social-environmental implications. Strategic responses and policy recommendations are proposed, emphasizing investment in digital infrastructure, promotion of inclusive adoption, international cooperation, and robust risk mitigation strategies. Finally, emerging trends such as AI-driven trade analytics, smart contracts, and blockchain-based traceability are discussed, providing directions for future research. The findings underscore that, while digitalization presents significant opportunities, coordinated efforts among policymakers, businesses, and researchers are essential to ensure equitable, resilient, and sustainable international agricultural trade.

Keywords: digitalization; international agricultural trade; blockchain; e-trading platforms; supply chain transparency (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
https://pinnaclepubs.com/index.php/EJBEM/article/view/316/323 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:dba:ejbema:v:1:y:2025:i:4:p:21-29

Access Statistics for this article

More articles in European Journal of Business, Economics & Management from Pinnacle Academic Press
Bibliographic data for series maintained by Joseph Clark ().