CURRENT TRANSFORMATION OF THE GLOBAL AGRICULTURAL MARKET AND EXPORT OPPORTUNITIES FOR THE REPUBLIC OF MOLDOVA

The research explores the current evolution and transformation of the global agricultural market, as well as the appropriate adjustment capacity of the Republic of Moldova's agricultural exports. The article represents a quantitative and qualitative research, which capitalizes the specialized literature and analyses international trade data. The findings showed the agricultural trade of the countries of the world currently registers a fluctuating but markedly increasing trend, becoming truly global as an increasing part of it takes place in global agricultural and food processing value chains. We revealed the characteristics of the global agricultural market, the challenges it faces, including the impact of the COVID-19 pandemic and the war in Ukraine. We have carried out a quantitative and qualitative analysis of the recent evolution of international grain prices, the evolution of Moldovan agricultural exports, addressing the current opportunities for them, arguing that the economy of the Republic of Moldova is highly dependent on trade in agricultural plant products.