This paper examines China's peanut industry's competitiveness under the framework of international trade by appliying comparative statics and emperical method. Specifically, datas including price, market share, competitiveness index and revealed comarative adavantage index are measured in the estimation. The main conclusion is that China's peanut production still has an edge, albeit receding, over that of some other countries like the U.S., India, and Argentina. The authors also augure that in order to improve the competitiveness of the peanut industry, one could facilitate the export practice and exploit the vertical related industries in which raw peanut is intermediate input.
