However, price volatility for all commodities and food overall was much lower than what was experienced between 1970 and 1980. Despite this, in most recent years (between 2010 and 2014), volatility for many crops (except maize) and food has fallen. Since the mid-1990s, growth in agro-food trade has averaged around 5% per annum.3 Since the start of the new round of WTO negotiations on agricultural trade, growth rates in agro-food trade have been significantly higher than what was seen between 1994 and 2000 (Figure 1.3). Between 2000 and 2013, the BRIICS’s share of world agricultural exports increased from 9.9% to 17.4%, while their share of world agricultural imports increased from 6.5% to 15.6%.