Research on the Impact of COVID-19 on China's Agricultural Products Import
DOI:
https://doi.org/10.54691/bcpbm.v20i.1007Keywords:
COVID-19; Agricultural Products Import; ImpactAbstract
In December 2019, the COVID-19 first broke out in China. The socio-economic turbulence brought about by the epidemic triggered panic in many countries and adopted measures to restrict exports. As the COVID-19 spreads globally, the epidemic will inevitably affect china's agricultural imports. Moreover, the sources of my country's agricultural imports are too concentrated, and the spread of the epidemic will inevitably bring uncertainty to china's agricultural imports. This article mainly uses china’s agricultural product trade data in 2020 to analyze the impact of the outbreak of the COVID-19 on china’s agricultural imports, and what impact it will continue to have in the future, and uses the gravity model to study the pandemic-related demand weakening and the long-term impact of non-tariff barrier measures on China's agricultural imports. Through the analysis, it can be concluded that the international price of grain will still rise, the domestic grain reserves need to be appropriately increased, and the meat trade deficit gradually narrows.
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