ADVERSE EFFECTS OF COVID-19 ON
EU-SOUTHERN NEIGHBOURHOOD (sn) trade
-12.5%
average % change in exports
2019: 262.5 m€ | 2020: 218,2 m€
% change y/y: -16.9% 🡫
-16.6%
average % change in exports
2019: 436 m€ | 2020: 451 m€
% change y/y: 3.6% 🡩
2019: 321 m€ | 2020: 361 m€
% change y/y: 12.6% 🡩
2019: 21 m€ | 2020: 25 m€
% change y/y: 20.4% 🡩
Covid-19, trade, and food security
SUPPLY SIDE
Decline in food security in the Southern Neighbourhood
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TRANSPORTATION
FOOD PRODUCTION (DOMESTIC AND ABROAD)
SUPPLY CHAINS
DISTRIBUTION
JOB LOSS
SALARY CUTS
PAYMENT DELAYS
disturbances in REMITTANCE FLOWS
INFLATION
DEMAND SIDE
potential adverse impact channels
DISTURBANCES IN:
Examples of the decline in food security in the Southern Neighbourhood
Click into the points
and drag the map
EUROMESCO
By EuroMeSCo
