The Impact of COVID-19 for Agricultural Exports

The Covid 19 Pandemic in 2020 greatly impacted different countries’ economies as well as their various business sectors. One of the biggest concerns at the time among experts was the possibility that there was going to be a food shortage, as the widespread pandemic disrupted the global food supply chain. Thus, analyzing agricultural exports during the pandemic is extremely important because it provides valuable insights about the resilience as well as the weakness of the global food supply chain under disruptive circumstances. This paper decided to specifically study the pandemic's effects on China’s agricultural export, as China is one of the biggest countries in exporting agricultural products. Data on the value of China’s agricultural export before and after the pandemic is extracted. The ARIMA model was used to analyze and predict values of agricultural products if the pandemic did not occur. The predicted value is then compared with the actual value, and discussions as well as conclusions about the pandemic’s significant impact on agricultural export in China are drawn.