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The LDC Trade Report 2023 highlights the importance of improving food security in least developed countries (LDCs). Despite trade improving the food supply of LDCs, import dependence on concentrated suppliers of cereals, vegetable oils, and sugar threatens their food security. In 2022, increasing food and fertiliser prices, the war in Ukraine, and export restrictions depressed LDC food imports. To boost resiliency, LDCs can improve market access for food imports by revising tariffs and eliminating non-tariff obstacles, and tap into alternative supply sources by diversifying suppliers and integrating into regional agrifood value chains. The international community can play a critical role by improving market information and deterring the use of harmful export restrictions. The report provides recommendations for improving food security in LDCs.
