scholarly journals ‘Products mapping’ and trade in agri-food products between Nigeria and the EU28

2020 ◽  
Vol 66 (No. 1) ◽  
pp. 34-45
Author(s):  
Nahanga Verter ◽  
Ivo Zdráhal ◽  
Věra Bečvářová ◽  
Libor Grega
Keyword(s):  
Trade Balance ◽  
Food Products ◽  
World Market ◽  
Value Chains ◽  
The European Union ◽  
The World ◽  
Comparative Advantages ◽  
Food Value ◽  
Balance Index ◽  
Balassa Index

This paper investigates the dynamics of comparative advantage in agri-food products between Nigeria and the European Union (EU28). Using ‘products mapping’ approach based on trade balance index (TBI), Balassa index (BI), Lafay index (LFI) and other descriptive approaches, the findings show that Nigeria substantially recorded adverse TBI in trading both with the world and the EU28. The share of total Nigerian food exports and imports which the EU28 accounted for, declined from 72% and 40% to 37% and 27% between 1995 and 2017, respectively. The findings of both BI and LFI reveals that between 1995 and 2017, Nigeria’s comparative advantages in trading in the world market declined from 12/46 to 8/46 food products. Similarly, Nigeria’s trade with the EU28 comparative advantages reduced from 12/46 to 9/46 food products. Inversely, the food products that Nigeria has comparative disadvantages and negative TBI in trading with the EU28 rose from 31/46 to 35/46. For Nigeria, to boost its exports and competitiveness, especially in products that the country has natural advantages in producing, there is an urgent need for increasing investment and implementing policies on domestic agricultural and food value chains.

scholarly journals ‘Products Mapping’ and Agri- Food Trade between Nigeria and ECOWAS Member Countries

2019 ◽  
Vol 67 (5) ◽  
pp. 1379-1392
Author(s):  
Ivo Zdráhal ◽  
Nahanga Verter ◽  
Barbora Daňková ◽  
Jan Kuchtík
Keyword(s):  
Trade Balance ◽  
Food Products ◽  
World Market ◽  
Agricultural Policies ◽  
Food Trade ◽  
Self Sufficiency ◽  
The World ◽  
Comparative Advantages ◽  
Analyse Comparative ◽  
Balassa Index

Intra-ECOWAS trade and food evxports have been debated and given attention in recent years. The paper uses an analytical tool, called ‘products mapping’ following some methods, such as trade balance index, Balassa index and Lafay index to analyse comparative advantages in all 46 food items (SITC 0 + 1 + 22 + 4) in trade between Nigeria and ECOWAS as well as the world. The findings suggest that Nigeria has performed better in trading with other ECOWAS countries than in trading with the overall world market. For Nigeria and the world, the findings reveal that the country’s comparative advantages reduced from 12 out of 46 (12/46) in 1995 to 8/46 food products in 2017. The notable products that reveal comparative advantages and positive TBI are cocoa (SITC 072), crustaceans (SITC 036), fruits and nuts (SITC 057); and oil seeds and oleaginous fruits (SITC 222). Contrary to Nigeria’s trade with the world, the results suggest that the country’s comparative advantages in trading with ECOWAS countries rose from 19/46 in 1995 to 26/46 food products in 2017. The notable products that show comparative advantages and positive TBI are tobacco, edible products, maize and wheat. Inversely, food products with comparative disadvantage and adverse TBI, slightly reduced from 18/46 in 1995 to 17/46 in 2017. The findings further suggest that the structure of Nigeria’s food trade with ECOWAS has started involving and improving, albeit at a slow pace. There is an urgent need to stimulate domestic food production and food processing industries for domestic consumption and exports. Regional and national agricultural policies should be dramatically implemented for self-sufficiency and more comparative advantages and the number of positive TBI to be ensured and sustained.

scholarly journals Competitiveness analysis of Czech agrarian foreign trade in the context of world agrarian market and agrarian trade of EU-27 countries

2010 ◽  
Vol 58 (6) ◽  
pp. 503-514
Author(s):  
Miroslav Svatoš ◽  
Luboš Smutka
Keyword(s):  
World Market ◽  
View Point ◽  
Eu Countries ◽  
Bcg Matrix ◽  
The World ◽  
Comparative Advantages ◽  
Two Stages ◽  
Balassa Index ◽  
The Eu

This paper analyses the commodity structure of Czech (CR) agrarian trade in relation to the EU countries. An emphasis is put on comparative advantages of particular aggregations from the view-point of their application on the EU internal market. This analysis is based on an evaluation of comparative advantages by means of a modified Balassa index. It is studied in two stages, for the internal EU market and the world market. The analysis results are then shown in a graph. Subsequently, the authors implement an idea arising from a BCG matrix on the results of the graphic presentation. The aim is to identify those aggregations (SITC, rev. 3) which are or have a potential to be a pillar of agri-business (ie, the “cash cows” and “stars”), and vice versa to show the aggregation which are non-prospective in the long term or problematic (ie, the “dogs” and “problem children”). As start are identified as those aggregations which are characterised by the highest growth rate of comparative advantage value. From the analysis results, changes are apparent if we compare the CR trade commodity structure in relation to the EU countries. Findings also concern the development of comparative advantages and following CR specialisation on trade with certain aggregations.

scholarly journals Mapowanie produktów polskiego eksportu produktów rolno spożywczych kierowanego do wybranych krajów Unii Europejskiej w 2020 roku

2021 ◽  
Vol 21(36) (4) ◽  
pp. 37-53
Author(s):  
Ewa Cieślik
Keyword(s):  
European Union ◽  
Trade Balance ◽  
Food Products ◽  
The European Union ◽  
Export Markets ◽  
Comparative Advantages ◽  
Growth Prospects ◽  
Product Mapping

The article focuses on the search for growth prospects for Polish exports of agri-food products with economies belonging to the European Union and being the most important export markets for Poland in terms of agri-food products. Groups of these goods were identified that are characterized by positive and negative indicators of revealed comparative advantages and indicators of the trade balance. The study used a method based on the product mapping matrix.

scholarly journals The foreign trade liberalization and export of agri-food products of Serbia

2017 ◽  
Vol 63 (No. 7) ◽  
pp. 331-345 ◽  
Author(s):  
Matkovski Bojan ◽  
Lovre Koviljko ◽  
Zekic Stanislav
Keyword(s):  
Foreign Trade ◽  
Trade Liberalization ◽  
Food Products ◽  
World Market ◽  
Trade Association ◽  
The European Union ◽  
Positive Effects ◽  
Econometric Methods ◽  
European Free Trade Association ◽  
Comparative Advantages

Liberalization of the market, as a consequence of the achieved trade agreements with the members of the European Union and the Central European Free Trade Association, had a significant effect on the foreign trade exchange of the Serbian agri-food products. In order to determine the liberalization effects on the export of agri-food products of Serbia, a gravity model of the export of these products is estimated using econometric methods for the panel data. In order to find the sections, as well as the advantageous parts of the international market, the comparative advantages of agri-food products in the particular groups of countries are dynamically analysed using the index of the revealed comparative advantages, whereas the level of specialization in the international trade exchange of these products is analysed using the index of the intra-industry trade. In relation to the main objective of the article, which was to identify the effects of the foreign trade liberalization on the performances of the foreign trade in agri-food products, it may be stated that liberalization had positive effects on the intensification of foreign trade with the analysed group of countries, as well as on the increase of the revealed comparative advantages of the agri-food sector in the world market.

scholarly journals Changes in comparative advantages of the Polish food sector in world trade

Equilibrium ◽  
2019 ◽  
Vol 14 (3) ◽  
pp. 463-480
Author(s):  
Iwona Szczepaniak
Keyword(s):  
European Union ◽  
Value Added ◽  
Food Products ◽  
World Market ◽  
Global Market ◽  
The European Union ◽  
Food Sector ◽  
Positive Balance ◽  
Comparative Advantages ◽  
The Eu

Research background: The period after Poland's accession to the European Union is a period of systematic development of Polish foreign trade in food products. Positive changes were visible already in the first year, but trade turnover and the balance of food exchange were even more dynamic in the subsequent years of Poland's membership in the EU. Purpose of the article: One way to assess the competitiveness of Polish food sector is the analysis of comparative advantages (relative) in the trade of products of this sector. So the aim of the presented research is to assess the comparative ad-vantages of the Polish food sector (including its most important chapters). Methods: The analysis of comparative advantages was based on relative trade advantage index (RTA) and the Lafay trade balance index (TBI). The analyses cover the years 2004–2017. The data source was the WITS-Comtrade trading database, in which trade flows are expressed in USD. The analysis was carried out at the HS chapter level. Findings & Value added: The analysis of comparative advantages in the Polish trade in food products showed that during the membership in the European Union Poland had relative comparative advantages in the food trade on the world market. In the years 2004–2017 Polish export in agri-food products increased more than 4.5 times and the positive balance of trade in these products increased more than 9.0 times. Products in trade of which Poland had comparative advantages in 2017 accounted for 55.5% of trade of the Polish agri-food sector in the global market, i.e. by 12.8% more than in the year of accession of Poland to the EU. The dynamic development of trade in food products after Poland's accession to the EU, as well as significant comparative advantages in trade in these products, testify to the competitiveness and high importance of the Polish food sector for the national economy.

Assessment of the positions of the exporting countries of agri-food products on the world market according to their role in global value chains

2021 ◽  
pp. 8-14
Author(s):  
Elena Yu. Frolova ◽  
Keyword(s):  
Raw Materials ◽  
Action Plan ◽  
Value Added ◽  
Global Value Chains ◽  
World Market ◽  
Point Of View ◽  
Value Chains ◽  
Agricultural Exports ◽  
Export Policy ◽  
The World

The place in the rankings of agricultural exporting countries in world trade is estimated in terms of the volume of imports and exports of raw materials and food. However, to assess the efficiency of agricultural exports, it is important to analyze the value added of exported goods produced in the country. The position of the exporting country in global value chains is derived from the type of agricultural production, which in turn depends on the level of development of the national economy, the availability and breadth of use of modern high technologies. The article examines the concept of the development of world agriculture from the point of view of the formation of global value chains, set out in the report of the UN World Food Organization [1] in comparison with the political decisions of such countries as India and the People’s Republic of China in the development of agricultural and food exports. The paper analyzes the risks associated with the consolidation of developing countries as suppliers of agricultural raw materials, as well as the conditions and action plan that allow the country-exporter of agricultural raw materials to move to higher levels in the global value chains on the world market. This experience should be considered to make comprehensive and effective decisions on the formation of the export policy of agricultural products and food of the Russian Federation, considering the food security of the country.

scholarly journals Wpływ regulacji rynku na funkcjonowanie sektora cukrowniczego w Polsce

2014 ◽  
pp. 127-141 ◽  
Author(s):  
Michał Pietrzak ◽  
Marcin Mucha
Keyword(s):  
European Union ◽  
European Commission ◽  
Sugar Industry ◽  
Free Market ◽  
World Market ◽  
The European Union ◽  
Market Conditions ◽  
The World ◽  
Sugar Market ◽  
The Eu

In the period 1990–2013 sugar industry in Poland faced numerous legal transformations, shifting from nearly free-market conditions into a strongly regulated sector. Changes of the sugar industry regulations had a significant impact on the structure of the sugar market, companies’ actions and, as a result, on their performance. Accession to the European Union and the reform of the sugar regime conducted from 2006 to 2010 on the initiative of the European Commission involved deep restructuring and modernization of the factories, which caused growth of their productivity. However, prices of sugar in the EU and in Poland are much higher than prices on the world market.

scholarly journals International Comparative and Competitive Advantage of Post-Soviet Countries in Tourism

2020 ◽  
Vol 11 (5) ◽  
pp. 369
Author(s):  
Famil Majidli
Keyword(s):  
Competitive Advantage ◽  
World Bank ◽  
Kyrgyz Republic ◽  
The World Bank ◽  
Tourism Sector ◽  
The World ◽  
Comparative Advantages ◽  
Advantageous Position ◽  
International Comparative ◽  
Balassa Index

In this study, the comparative and competitive advantage of Post-Soviet countries in the tourism sector is examined. Firstly, whether the tourism sector of the countries included in the sample developed between 1995 and 2018 was examined. Revealed Comparative Advantages Index which is developed by Balassa and Expanded Balassa Index were used to analyze the comparative and competitive advantage of countries, respectively, which are the main purpose of the study. The results of the study, which are calculated based on the data obtained from the database of the World Bank, provide information especially regarding the advantageous position of Georgia regarding Balassa Index. In addition to Georgia, Armenia, Kyrgyz Republic, Moldova, Tajikistan, Azerbaijan, Estonia and Uzbekistan have international comparative advantage and when the situation of the countries is evaluated over the EB index it is concluded to, Tajikistan and Georgia have strong, Kyrgyz Republic and Moldova have medium, Latvia, Estonia, Armenia, Lithuania and Belarus have weak competitive advantage. The research is important in terms of the policies that Post Soviet countries will form within the scope of tourism sectors.

How Economic Dependency Was Created Through the WTO: A Case Study of South Korea

2017 ◽  
Vol 33 (4) ◽  
pp. 469-487 ◽  
Author(s):  
Ka Yi Fung
Keyword(s):  
South Korea ◽  
Free Trade ◽  
Agricultural Sector ◽  
Developed Countries ◽  
World Market ◽  
Production Costs ◽  
The European Union ◽  
Economic Dependency ◽  
The World

Adapting the framework of dependency theory, the article asks how the economic dependency of less developed countries (LDCs) on developed countries (DCs) is created through free trade. This article uses South Korea’s entry into the World Trade Organization (WTO) as a case study to illustrate this economic dependency creation process. Based on second-hand data from existing studies, the European Union, and the WTO, this article finds: (i) due to limited farmland size and high production costs, South Korean agricultural products cannot win a seat in the world market; (ii) the local agricultural sector was destroyed in South Korea because small farmers cannot earn a living by farming; and (iii) since the local agricultural sector cannot support the food demand in South Korea, South Korea now has to import a large amount of food. This article concludes that free trade actually destroys the local agricultural industry and the food security of South Korea, and consequently makes South Korea have to rely heavily on DCs for food import.

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