3 ms·

I don't quite understand what you mean- Could you ground you statement with some source?

• nradov 4y ago
  It's pretty simple. Subtract the value of food imports from the value of food exports. If the value is positive then the country is a net exporter, and if it's negative then they're a net importer. Every major country imports some foodstuffs and exports others, but countries with a trade surplus are generally better positioned to handle food price inflation. https://www.nibio.no/en/news/ten-facts-about-the-norwegian-food-industry https://www.nibio.no/en/news/ten-facts-about-the-norwegian-f...
  • Tryk 4y ago
    How would you explain the food inflation of Switzerland, a net food importer, that stands at 6.5% over the same 12 month period? [0] [0]: https://tradingeconomics.com/switzerland/food-inflation https://tradingeconomics.com/switzerland/food-inflation
    • junofan 4y ago
      Food’s already super expensive there. A lot of stuff is required to be made locally. Tariffs on food imports are super high, like 100% IIRC. A burrito was $45 last time I was there. Big outlier country in general.