Why ocean rates are surprisingly controlled this Bissau cashew season (Logistics Update Africa) 

Logistics Update Africa published an article stating that the share of bulk goods in international agricultural exports is going down compared to that of processed food. Even though it is the same for Africa, the continent exports a huge amount of bulk unprocessed agricultural commodities to different parts of the world. Africa Agriculture Trade Monitor (AATM), an annual flagship publication of the IFPRI and AKADEMIYA2063, in its 2021 edition noted that the agricultural trade from Africa was recently affected by two important developments: the pandemic and the implementation of the African Continental Free Trade Area (AfCFTA). The report notes that “While Africa has long been an important exporter of cash crops and niche products, most African economies have not diversified; they continue to export either exclusive or standard products.”