The cereal network: a baseline approach to current configurations of trade communities

Abstract

AbstractThis paper attempts to provide insights into the current network configurations of the food-trade system and to study the short-term effects of one of the ongoing and lasting global crises, the Ukraine War, on the link intensity. Towards this end, this analysis (1) reveals the pattern of countries’ network positions in two most traded subcategories of the cereal network: wheat and meslin, and maize or corn, and (2) discusses the characteristics of the global cereal networks over the 2021–2022 period. The results highlight several features of the trade networks: (1) the distribution of cereal trade is highly concentrated, with considerable dependency on a small number of exporters and a low import diversification, making the system rigid and prone to shocks; (2) a central role of several key developed countries that leave many developing countries outside the centre of the networks; (3) a high network heterogeneity which confirms the propensity to have hub nodes. Particular indicators show that the highest level of interconnectivity is specific to the cereals’ export network, the densest networks are the maize or corn ones, and the greatest heterogeneity appears for the cereals export network.