Develop local markets, understand global trade

Local agricultural production has immediate benefits: The food produced is locally available and targeted towards the local eating habits of consumers. However, locally or regionally produced food does not always guarantee the sufficient amount of protein, vitamins and minerals needed for sustainable food security. International agricultural trade facilitates the production of foods best suited to specific climatic and economic conditions. As a consequence, more food is produced at the global level as compared to world production based only on national production.

Disasters such as droughts or floods can cause serious supply shortages. These events show the significant advantage of the international food trade: food imports from surplus regions to compensate for food deficits in the other regions. In turn, export of food or other agricultural products contributes to increase income in poor regions. However, a stronger connection to regional and international markets also entails the risk that small farmers and fishermen are directly affected by international price movements caused by turbulences in other regions of globalized markets. The impact of local production systems and trade on supply and demand, on local income generation and on the status of nutrition security of the local population are far from being fully understood. This makes this topic an exciting and challenging area of research.