scholarly journals ASEAN- Australia Trade Relations by Stages of Processing: Comparative Research

2020 ◽  
Vol 4 (2) ◽  
pp. 73-83
Author(s):  
Phuong Ha Nguyen ◽  
Long Mong Hoang ◽  
Dung Duy Nguyen
Keyword(s):  
Supply Chain ◽  
Comparative Advantage ◽  
Bilateral Trade ◽  
Trading Partner ◽  
Trade Relations ◽  
Asean Countries ◽  
Comparative Theory ◽  
The Relationship ◽  
Two Sides ◽  
The Ideal

ASEAN and Australia became the dialogue partner in 1974. Over 46 years of cooperation and development, ASEAN- Australia relations have achieved many good results, especially in recent years when two sides participate in several free trade agreements (FTAs) at bilateral levels and multilateral levels. In 2014, Australia and ASEAN formally became strategic partners, recognizing the importance of the relationship in building mutual benefits. Participation in FTAs and relationship upgrading has helped bilateral trade growth. In 2018-2019, Australia was the seventh-largest trading partner of ASEAN and ASEAN was one of Australia's top three trading partner, however, the two sides face many challenges such as the difficulties after the global crisis since 2009, the "spaghetti bowl" phenomenon of joining many agreements at the same time. Thus, to solve these problems, the production and exporting of comparative advantage goods by the stages of processing to participate in an ideal regional supply chain are very important. Based on the comparative theory and supply chain perspectives The paper compared revealed comparative advantage indexes of ASEAN countries and Australia from 2009 through 2018 to find which country in ASEAN is Australia's suitable partner from which provided the ideal effective supply chain distribution. After that, through trade value comparison, the paper examed if ASEAN countries and Australia specialized in production by stages of processing. From the results, appropriate recommendations were provided to enhance the trade relations between ASEAN and Australia.

scholarly journals Trade relationship between Vietnam and Japan: Current situation and trend

2017 ◽  
Vol 1 (Q2) ◽  
pp. 79-91
Author(s):  
Loc Tuan Le
Keyword(s):  
International Trade ◽  
United Nations ◽  
Comparative Advantage ◽  
Bilateral Trade ◽  
Trading Partner ◽  
Trade Intensity ◽  
Trade Volume ◽  
Trade Relationship ◽  
Economic Relationship ◽  
The Relationship

Using the Comparative Advantage Theory, models to evaluate trade relationship and data of the United Nations, the study analyzes the relationship between Vietnam and Japan in the period 2001 -2015. Japan is the largest trading partner of Vietnam with trade volume steadily increasing and equal bilateral trade volumes. Results indicate that the high Vietnam – Japan trade intensity reflects the importance of Japan to Vietnam in international trade. The bilateral trade of these two countries tends to be extraindustry, to which Vietnam exports to Japan comparative advantage products such as agricultural and labor-intensive products while Japan exports to Vietnam machine, equipment and input materials. Vietnam – Japan trade relationship is projected to keep expanding owing to continuously improved bilateral political and economic relationship.

Inter- and Intra-industry Trade Relations between Bangladesh and India: Empirical Results

2018 ◽  
Vol 7 (4) ◽  
pp. 280-292
Author(s):  
Anisul M. Islam
Keyword(s):  
Comparative Advantage ◽  
Relative Position ◽  
Bilateral Trade ◽  
Trade Deficit ◽  
Major Product ◽  
Global Trade ◽  
Industry Trade ◽  
Product Categories ◽  
Trade Relations ◽  
Economic Ties

Bangladesh and India are two neighbouring countries in South Asia having strong political, diplomatic, trade and economic ties with each other. This article reviews and updates on the inter- and intra-industry trade relationship between these two countries using more recent data. More specifically, it examines the relative position of the two countries in global trade followed by trends and patters of bilateral trade using aggregative data. At a disaggregate level, the commodity composition of Bangladesh exports to and imports from India by major product categories is examined focusing on the revealed comparative advantage (RCA) to review and update the degree of inter-industry trade. Further, the Grubel–Lloyd index (GLI; Grubel & Lloyd, 1975 ) is examined to measure the degree of intra-industry trade by major commodity groups. The article finds that India has a much stronger relative position in the global trade vis-à-vis Bangladesh. India is also found to dominate Bangladesh in bilateral trade, resulting in a very large and persistent trade deficit of Bangladesh with India. At a disaggregated level, the article finds that India has a comparative advantage in more products than Bangladesh and that the GLI shows that the degree of intra-industry trade is almost negligible between the two countries.

Main Characteristics of Vietnam–China Trade Relations, 2000–15

China Report ◽  
2017 ◽  
Vol 53 (3) ◽  
pp. 355-366
Author(s):  
Ngo Xuan Binh
Keyword(s):  
Data Analysis ◽  
Bilateral Trade ◽  
Trade Imbalance ◽  
Trade Relations ◽  
Export Structure ◽  
The North ◽  
China Trade ◽  
Key Characteristics ◽  
Import And Export ◽  
The Relationship

Entering the 21st century, trade relations between Vietnam and China have grown strongly, making positive contributions to the economic development of the two countries. However, the relationship in the period 2000–15 also witnessed a number of thorny issues such as a serious trade imbalance against Vietnam, the ‘North to South’ nature in the import and export structure of the two countries, Vietnam’s growing dependence on bilateral trade with China, and so on. These issues have affected negatively Vietnam’s economy. Based on data analysis, the author identifies the key characteristics of trade relations between Vietnam and China and highlights possible solutions for Vietnam to move its trade relations with China in a more balanced direction.

scholarly journals Bilateral Trades between Egypt and Malaysia: Issues and Opportunities for Further Development

2016 ◽  
Vol 9 (1) ◽  
pp. 202 ◽  
Author(s):  
Muhamad Muda ◽  
Siti Nurazira Daud ◽  
Ibrahim Mohamed Ibrahim Eldeeb
Keyword(s):  
Bilateral Trade ◽  
Historical Background ◽  
Islamic Studies ◽  
Trade Relations ◽  
British Colony ◽  
Trade Relationship ◽  
The Relationship ◽  
Phenomenological Case Study ◽  
Further Development

Egypt and Malaysia are both belong to the Organization of Islamic Conference (OIC), have similar historical background that both have been under the British colony and have enjoyed independence at almost within the same period. However, trades between the two countries are relatively small and if based on the socio-economic background the magnitude of trades between the two countries can be further improved. This paper traces the historical development of bilateral trade relationship between Egypt and Malaysia in order to understand the strength and weaknesses. The aim is to develop possible proposals for further enhancement of the relationship. The main objective of this paper is to investigate factors that may enhance integration and cooperation between Egypt and Malaysia. The research used qualitative analysis approach by looking at the trade sectors and volumes over the period of 2000-2012, based on the phenomenological case study method. It is found that Egypt and Malaysia enjoyed significant bilateral trade relations since independence of Malaysia in 1957, especially in the fields of culture and education. Because of the appreciation of the Malaysian citizens to the Islamic-based education such as Islamic studies, medicine and pharmacy particularly the world renowned institution of Al-Azhar University, thousands of Malaysians have enrolled and graduated from this university and other related institutions. On the other hand Malaysia is falling behind Argentina, Brazil and India in terms of export to Egypt. However recently, Malaysia has been becoming a popular for the Egyptian tourists. The paper explores a proposal for further improvement in terms of bilateral trades based on Islamic approach.

Trends and Patterns of India’s Trade with Six EU Countries

2015 ◽  
Vol 11 (1) ◽  
pp. 39-60
Author(s):  
SANDEEP KAUR BHATIA ◽  
Amandeep Kaur
Keyword(s):  
Comparative Advantage ◽  
Bilateral Trade ◽  
Debt Crisis ◽  
Trade Agreement ◽  
Total Trade ◽  
Eu Countries ◽  
Trade Relations ◽  
Six Nations ◽  
Average Share ◽  
Trade Competitiveness

India and European Union trade relations go back to 1960s. Both sides started their bilateral trade relations after their first summit which, was held in 2000 and after that India-EU has gone through various rounds of summits and negotiations for improving the bilateral trade ties. As a result, Free Trade Agreement was agreed upon between them in 2007 but it is still not fully implemented. EU is India’s largest trading partner which has accounted 14.8 percent in its total trade in 2011. The study has taken up six nations of EU namely Belgium, France, Germany, Italy, Netherlands and UK as   India has a large average share of trade with these countries during 1996-2011. The study strives to find out the trade trends of India with these six EU countries namely Belgium, France, Germany, Italy, Netherlands and UK. The study  is an attempt to find out the trade competitiveness and patterns of India with these countries by using various indices like Revealed Comparative Advantage Index (RCA), Revealed Symmetric Comparative Advantage Index (RSCA) and Intra Industry Trade Index (IIT).  The study finds out that  European debt crisis have vigorously affected Indian pattern of trade with these six countries.   

scholarly journals Determinants of Trade Between Taiwan and ASEAN Countries: A PPML Estimator Approach

SAGE Open ◽  
2020 ◽  
Vol 10 (2) ◽  
pp. 215824402091951
Author(s):  
Nhan Thanh Thi Hoang ◽  
Hoan Quang Truong ◽  
Chung Van Dong
Keyword(s):  
Bilateral Trade ◽  
Economic Benefits ◽  
Capital Income ◽  
Dynamic Approach ◽  
Likelihood Estimator ◽  
Trade Relations ◽  
Bilateral Trade Flows ◽  
Asean Countries ◽  
Pseudo Maximum Likelihood ◽  
High Skill

Taiwan and Association of Southeast Asian Nations (ASEAN) do not have any diplomatic ties, but they have enjoyed significantly economic benefits, especially bilateral investment and trade cooperation. Over the period 2000–2017, trade between Taiwan and ASEAN had significantly focused on manufactured goods embodied with high-skill and technology-intensive content. Using gravity model with a PPML (Poisson pseudo-maximum-likelihood) estimator, this article explores determinants of bilateral trade flows between them at both aggregate and sectoral levels. We found that economic scale and per capital income of ASEAN have much stronger effects than those of Taiwan at both aggregate trade and the degree of manufacturing. Results also show that bilateral trade between Taiwan and ASEAN has been efficiently performed over recent decades, except for cases of Myanmar and Cambodia. Hence, a dynamic approach should be taken by both sides to promote bilateral trade relations in future.

scholarly journals EXPLORING INDONESIA-PARAGUAY TRADE POTENTIALS: A REVEALED COMPARATIVE ADVANTAGE APPROACH

2016 ◽  
Vol 12 (1) ◽  
pp. 54-64
Author(s):  
Sulthon Sjahril Sabaruddin ◽  
Sihar Tambun
Keyword(s):  
Comparative Advantage ◽  
Bilateral Trade ◽  
Trade Barriers ◽  
Revealed Comparative Advantage ◽  
Trade Relations ◽  
Index Analysis ◽  
Export Competitiveness ◽  
Comparative Advantages ◽  
Trade Potentials ◽  
Revealed Comparative Advantage Index

Artikel ini akan menganalisis potensi perdagangan bilateral antara Indonesia-Paraguay berdasarkan daya saing ekspor masing-masing. Tulisan ini dalam analisisnya menggunakan Comparative Advantage Index untuk tahun 2012 yang diperoleh dari World Integrated Trade Solution (WITS). Makalah ini mengungkapkan bahwa ada peluang besar bagi kedua negara untuk lebih memperkuat hubungan perdagangan bilateral. Berdasarkan analisis RCA Index, diungkapkan bahwa secara umum kedua negaratelah mengekspor komoditas mereka berdasarkan keunggulan komparatif masing-masing, namun bagaimanapun ekspor kedua Negara saat ini tidak mencerminkan potensi mereka,  Paraguay (tidak untuk Indonesia) yang sepuluh komoditas unggulannya dengan keunggulan komparatif yang kuat tidak dapat menembus pasar kedua belah pihak. Studi ini menyarankan kedua Negara harus menghapus hambatan perdagangan mulai dengan menyediakan akses untuk 10 komoditas ekspor dengan keunggulan komparatif kuat untuk masuk di kedua negara. Langkah ini bias menjadi batuloncatan menuju penguatan hubungan perdagangan bilateral.   This paper attempts to analyze the Indonesia-Paraguay bilateral trade potentials based on their respective export competitiveness. The analysis uses the Revealed Comparative Advantage Index for year 2012 obtained from World Integrated Trade Solution (WITS). The paper reveals that there are huge opportunities for both countries to further strengthen bilateral trade relations. Based on the RCA Index analysis, the paper revealed that in general both countries have exported their commodities based on their respective comparative advantages, but however both countries current exports still do not reflect their potentials as most for Paraguay (none for Indonesia) of the top ten commodities with the strongest comparative advantage were unable to penetrate both sides market. This study suggests both countries should remove trade barriers starting by providing access for the top 10 export commodities with the strongest comparative advantage to penetrate in both countries. This step could be a stepping stone towards strengthening bilateral trade relations.

scholarly journals An analysis of trade cooperation: Central region in China and ASEAN

PLoS ONE ◽  
2021 ◽  
Vol 16 (12) ◽  
pp. e0261270
Author(s):  
Roni Bhowmik ◽  
Yuhua Zhu ◽  
Kuo Gao
Keyword(s):  
Economic Development ◽  
Central Region ◽  
Bilateral Trade ◽  
The Philippines ◽  
Trade Integration ◽  
Chinese Market ◽  
Positive Role ◽  
Trade Relations ◽  
Trade Potential ◽  
Asean Countries

China-ASEAN are the two huge markets in trade world, they can bring out greater dynamism from within their economies and contribute to regional economic development. This study explores the present situation on the trade between the Central region of China and ASEAN through empirical assessment and try to find the potential effects and trade flows between them. Firstly, we analysis the trade integration index, HM index, explicit comparative advantage index, and trade complementarity index. Finally, we use the gravity model of international trade and data on 2006–2018. The bilateral trade relations between the central region and ASEAN are getting closer, but the central region has not yet become the major trade area of ASEAN countries in the Chinese market. The bilateral economic development level plays a positive role in promoting the export trade between the Central region and ASEAN, while the bilateral distance plays a negative role in difficulty. The empirical results show that trade potential between the Central region and Indonesia and the Philippines is huge, and there is still opportunity for the development of the trade potential with Thailand. The trade prospective with Malaysia, Singapore and Vietnam is limited, and new approaches need to be developed to achieve further trade cooperation.

scholarly journals Advantages and export trend of Vietnam in trade relations with ASEAN

2017 ◽  
Vol 1 (Q2) ◽  
pp. 29-42
Author(s):  
Chuong Ngoc Huynh ◽  
Trong Thanh Nguyen
Keyword(s):  
Comparative Advantage ◽  
Rank Correlation ◽  
Industry Structure ◽  
Correlation Test ◽  
Trade Relations ◽  
Spearman’S Rank Correlation ◽  
Policy Suggestions ◽  
Asean Countries ◽  
Using Data ◽  
Favorable Conditions

This study identifies commodities that Vietnam has comparative advantage based on RCA index, growth determinants and export trend of Vietnam into the ASEAN market via growth-component analysis and Spearman’s rank correlation test. Using data of UNComtrade, we find that Vietnam has 91 commodities with comparative advantage in 2000 – 2015. Increased export of Vietnam into ASEAN is thanks to a strong demand in the ASEAN market, suitable industry structure and especially comparative advantage which can be seen clearly in 2007 – 2015. Vietnam has the most favorable conditions in trading relations with Singapore, Brunei, and Malaysia and less favorable conditions with the remaining ASEAN countries, including Indonesia and Cambodia that are direct competitors of Vietnam. From the results, the paper provides policy suggestions to expand the Vietnam’s comparative advantage in trading with ASEAN.

scholarly journals Nigeria-China Bilateral Trade Relations: Is There Market Opportunities in China?

2020 ◽  
Vol 4 (2) ◽  
pp. 139
Author(s):  
Kabiru Hannafi Ibrahim ◽  
Dyah Wulan Sari ◽  
Rossanto Dwi Handoyo
Keyword(s):  
Comparative Advantage ◽  
Bilateral Trade ◽  
Import Demand ◽  
Trade Relations ◽  
Market Opportunities ◽  
Balance Of Trade ◽  
Chinese Markets ◽  
Capital Intensive ◽  
Limited Scope

This study used normalized revealed sectoral comparative advantage, import demand share, growth identification and facilitation framework to identify market opportunities for Nigeria in the Chinese markets over the period 1988-2017. Our findings revealed that Nigeria has a steady and long-term comparative advantage in few commodities and there is limited scope for Nigeria to improve on its balance of trade due to limited export potentials. Furthermore, sixteen market opportunities were identified, out of which fourteen are stable and growing markets. Our findings also revealed that these market opportunities can't all be meet by Nigeria, as these commodities were not exportable due to poor competitive position and highly capital-intensive nature of the commodities. These findings are not only relevant to academics but also for policy making.

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