Medidas de Gestao das Pescarias Marinhas e Aquicultura 2019 The State of World Fisheries and Aquaculture 2018 | Page 73

THE STATE OF WORLD FISHERIES AND AQUACULTURE 2018 generally prevents members from discriminating against trading partners, but tariffs can be reduced or removed as part of free-trade agreements or to facilitate market access for developing countries through the application of preferential tariff regimes such as the Generalized System of Preferences. In developed countries, which depend on imports to satisf y domestic consumption, tariffs on fish are rather low, albeit with a few exceptions (i.e. for some value-added products or selected species). Developed countries are thus able to export to other developed countries (which accounted for about 78 percent of the exports of fish and fish products of developed countries in 2016), and developing countries are able to expand their exports by supplying markets in developed countries without facing prohibitive customs duties (although they may face market access issues related to non-tariff measures). For some specific products, such as canned tuna, tariff rate quotas are applied, whereby a certain quantit y per year may be imported at a reduced tariff. The widespread reduction of import tariffs has been a major driver of the expansion in international trade over the past 25 years. On the other hand, many developing countries still apply high tariffs for fish and fish products, ref lecting fiscal or protective policies, which can limit interregional trade. Thanks to regional and bilateral trade agreements, tariffs are bound to fall further over time, even in developing countries, with some exceptions in least developed countries. more recent years, particularly since the 2008 – 2009 financial crisis. In 2016 and, according to preliminar y fig ures, also in 2017, developing countr y exports made up approximately 54 percent of the total value and about 59 percent of the total quantit y (in live weight equivalent) of exports of fish and fish products. Both as a source of export revenue and as a provider of employment, trade in fish and fish products represents an important contributor to economic growth in these countries. However, some studies indicate that benefits are unevenly distributed along the value chain, with small-scale producers receiving proportionally smaller economic benefit than processors and retailers (Bjorndal, Child and Lem, 2014). In 2016, fish exports of developing countries were valued at USD 76 billion, and their net fish export revenues (exports minus imports) reached USD 37 billion, higher than those of other agricultural commodities (such as meat, tobacco, rice and sugar) combined. In 2016, the average unit value of imports of fish and fish products by developing countries was USD 2.4 per kilogram, while the corresponding fig ure for developed countries was USD 5.1. Thus while the import volumes of the two groups were comparable, developed countries accounted for about 71 percent of global import value in 2016 and, according to preliminar y data, also in 2017. This discrepancy is in large part explained by the role of income levels in determining the t ypes of products that consumers demand, in addition to different habits in food consumption. Another factor driving down the unit value of developing- countr y imports is the extent of processing and re-export activities in these regions. However, as the middle-class urban demographic expands in emerging markets, demand for more expensive fish items such as salmon and shrimp is also growing, and as a result the unit value gap between developed and developing countr y fish imports is narrowing. Regional trade agreements are reciprocal trade agreements establishing preferential terms of trade among two or more trading partners in the same geographic region. They have been important drivers of global trade expansion in the past several decades and apply to a large proportion of global trade, also for fish and fish products. Regional trade agreements have contributed to the increased regionalization of fish trade since the 1990s, with regional trade f lows increasing faster than external trade f lows. In developing regions, rising incomes and the associated increase in fish consumption are also important factors behind the regionalization trend. As demand strengthens in neighbouring countries, exports previously destined for developed markets are redirected to regional partners. » Tariffs are among the most widely utilized trade policy tools and are important determinants of global trade f lows. Tariffs are used to generate income and to protect domestic industries and are t ypically higher for processed products than for raw materials. The World Trade Organization ( W TO) principle of most-favoured nations | 57 |