Economic effects of twelve trade agreements on the agri-food sector
In January 2021, the Commission’s Joint Research Centre (JRC) published a study covering the expected cumulative effects of twelve ongoing and upcoming trade agreements on the agri-food sector by 2030. The study includes trade results for the agricultural sector as a whole, as well as sector-specific impacts on trade, producer prices and production volumes.
The study focuses on twelve trade agreements:
- agreements with Canada, Japan and Vietnam that have already entered into force,
- agreements with Mexico and Mercosur for which negotiations have been concluded,
- agreements that are under negotiation or are part of the EU trade agenda (Chile, Australia, New Zealand, Indonesia, Malaysia, Philippines and Thailand).
Impact of EU trade agreements on the EU agricultural sector
The study, carried out in 2017 on behalf of the Commission by the independent consultancy Copenhagen Economics, analyses the impact on agri-food trade of the agreements concluded by the EU with three countries: Mexico, South Korea and Switzerland. It shows that trade agreements have helped to boost EU agricultural exports and have supported jobs in the agri-food sector and other sectors of the economy.
Economic study on the cumulative effects of trade agreements on the EU agricultural sector
In 2016, the European Commission (JRC working together with the directorate-general for agriculture and rural development) published the findings of a study on the potential impact of a number of trade negotiations on the EU agricultural sector, based on models simulating reciprocal liberalisation of import tariffs between the EU and the relevant trading partners.
Studies on the effects of a potential free trade agreement (FTA) between the EU and Mercosur
The Commission’s directorate-general for agriculture and rural development also prepared an analysis of how the FTA with Mercosur might impact EU farm income and agricultural employment, based on data from the Farm accountancy data network (FADN).
On behalf of the Commission’s directorate-general for trade, the independent consultancy Copenhagen Economics also carried out an impact assessment of the barriers to trade and investment between the EU and Mercosur.
In 2009, the Commission published the final reports of a trade sustainability impact assessment of the EU-Mercosur FTA, then under negotiation.