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.

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.

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 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 Contemporary Peculiarities and Prospects for the Development of Russian Foreign Trade Cooperation with Mongolia

2018 ◽  
Vol 28 (4) ◽  
pp. 632-639
Author(s):  
Yakov Sukhodolov ◽  
Avirmed Davaasuren ◽  
Alexei Manzhigeev
Keyword(s):  
Foreign Trade ◽  
Bilateral Trade ◽  
Asia Pacific ◽  
National Interests ◽  
Trade Relations ◽  
Trade Turnover ◽  
History Of ◽  
World Economic ◽  
Foreign Trade Turnover

Russia attaches great importance to the development of cooperation with the Asia-Pacific region, which is one of the centers of world economic development. These countries include Mongolia. Russian-Mongolian relations are based on a long-term history of good neighborly relations and traditionally have a multidimensional nature. The article discusses the main aspects of Russian-Mongolian foreign trade relations based on the analysis of the dynamics of foreign trade turnover in bilateral trade and commodity structure. Currently, there is a decline in foreign trade cooperation between the countries. The article also touches upon the monostructural nature of trade between the two countries, which is very vulnerable. The national interests of Russia and Mongolia in the Russia - Mongolia - China triangle are acquiring special relevance and importance in modern conditions. The intensification of trade, economic and investment relations between Russia and Mongolia is possible through the implementation of joint projects in the mining and processing industries, modernization of infrastructure and development of tourism.

Revealed comparative advantage for US textiles and apparel

2019 ◽  
Vol 29 (4) ◽  
pp. 462-478 ◽  
Author(s):  
Zahra Saki ◽  
Marguerite Moore ◽  
Ivan Kandilov ◽  
Lori Rothenberg ◽  
A. Blanton Godfrey
Keyword(s):  
Comparative Advantage ◽  
Bilateral Trade ◽  
Rank Correlation ◽  
Coding System ◽  
Revealed Comparative Advantage ◽  
Short Term ◽  
Content Type ◽  
The Us ◽  
New Industry

Purpose The purpose of this study is to identify US textile and apparel (TAP) products and categories that demonstrate export comparative advantage and their respective country destinations. Design/methodology/approach Revealed comparative advantage (RCA) and normalized revealed comparative advantage (NRCA) in the long term (1996-2016) and short term (2010-2016) using two-digit Harmonized Commodity Description and Coding System codes (HS codes) provide an insight into export advantage of TAP products. Non-parametric rank correlation (i.e. Spearman rank correlation) tests consistency between RCA and NRCA. Subsequently, NRCA using four-digit HS codes identify textile sub-categories with export comparative advantage. Bilateral trade data identify export destinations for sub-categories that indicate US export comparative advantage in the short term. Findings Aggregated product-level comparison of RCA and NRCA ranking indicates a consistent positive correlation between the two indices. The disaggregated findings reveal cotton fiber HS5201, artificial filament tow HS5502, non-wovens HS5603, cotton yarn HS5205, carpet and other floor coverings HS5703 and worn clothing HS6309 as sources of US TAP export advantage. Originality/value This research provides a comprehensive, current analysis of the US competitive position within the TAP global environment. Incorporation of NRCA into the study’s design demonstrates the flexibility of this measure in a new industry context.

scholarly journals Impact of Morocco-ECOWAS Economic Relations on Economic Growth in Morocco: An Analysis Using the ARDL Model

2018 ◽  
Vol 10 (5) ◽  
pp. 105 ◽  
Author(s):  
Hidaya EL Khattabi ◽  
Mohamed Karim
Keyword(s):  
Economic Growth ◽  
Foreign Direct Investment ◽  
Direct Investment ◽  
Global Economy ◽  
Bilateral Trade ◽  
Economic Relations ◽  
Trade Relations ◽  
Major Player ◽  
Trade Opening

Over the last decade, Morocco has undertaken numerous reforms in order to successfully integrate itself into the global economy in general, and Africa in particular, with the aim of diversifying and strengthening its competitive export potential.In fact, the analysis of trade relations between Morocco and ECOWAS reveals an increasing volume of trade, reflecting a continuous dynamization of their commercial relations. A similar trend is observed in foreign direct investment, which has been growing steadily over the last few years, reflecting Morocco’s desire to become a major player in the development of the African continent.The analysis of Morocco’s trade opening and foreign direct investment (FDI) in ECOWAS on Morocco’s economic growth, using ARDL (Autorégressive distribution Lag) modelling, shows that Moroccan foreign direct investment to ECOWAS has a significant impact on its GDP per capita in the short and long term. With regard to bilateral trade between the two partners, no long-term equilibrium relationship could be established due to the still low weight of trade volumes.

scholarly journals NIGERIA-CHINA: AN EXAMINATION OF RECENT BILATERAL TRADE RELATIONS

2020 ◽  
Vol 1 (5) ◽  
Author(s):  
Kabiru Hannafi Ibrahim
Keyword(s):  
Bilateral Trade ◽  
Export Promotion ◽  
Trade Intensity ◽  
Trade Imbalance ◽  
Chinese Market ◽  
Trade Relations ◽  
Intensity Index ◽  
Market Opportunities ◽  
High Possibility

This study examines the trends, composition, and intensity of Nigeria-China bilateral trade for the period, 1992-2016. Tables, graphs, and trade intensity formula were used. The results show that Nigeria’s trade with China has considerably recorded remarkable growth. With the exception of mineral fuels and products of their distillation, the share of major products exported to China over the period remained insignificant. More importantly, the results reveal that the share of major products imported from China remained significant, indicating that Chinese exports supply to Nigeria is more diversified than that of Nigeria's exports supply to China. Nigeria’s trade intensity index shows a low possibility of increasing export to China and a high possibility of increasing import from China. In the case of China, there is exists a high possibility of increasing its export and decreasing its import to and from Nigeria. Based on the study’s findings, the study recommends an urgent need for Nigeria's government to encourage the export of various products in order to promote bilateral trade and mitigate the existing trade imbalance. The study further recommends the need for government, researchers, and export promotion agencies to identify new market opportunities for Nigeria's exports in the Chinese market.

scholarly journals The dynamics of China-Ethiopia trade relations: economic capacity, balance of trade & trade regimes

2015 ◽  
Vol 2 (1) ◽  
pp. 1-17 ◽  
Author(s):  
Manickam Venkataraman ◽  
Solomon M Gofie
Keyword(s):  
International Trade ◽  
Bilateral Trade ◽  
Full Member ◽  
Trade Relations ◽  
The Past ◽  
Bilateral Relations ◽  
China Trade ◽  
Trade Regimes ◽  
Balance Of Trade ◽  
Economic Capacity

China’s trade with Ethiopia currently at 1.3 billion USD annually is expected to rise to US$3 billion by 2015. This not only informs the level of bilateral trade ties that Ethiopia has had with China as compared to any other country in the region but also signifies the highest and the closest level of bilateral relations that Ethiopia has built upwith China over the past decade since the new government under Ethiopian People’s Revolutionary Democratic Front (EPRDF) took over power in 1991. There have been extensive debates on China’s role in Africa - whether it could be viewed as a constructive partner or otherwise. This essay puts forward the argument that while trade ties as one important channel of bilateral relations that China has embarked with the outside world and particularly with Africa is uneven and lop-sided. This is true of the Ethiopian context as well particularly when we look at the economic capacity, balance of trade and at the two countries relations with international trade regimes. While China is a full member of WTO for over a decade Ethiopia on the other hand has been aspiring to become a member for some time now and hence one of the important aspect of Ethio-China trade relations is the heavy reliance on bilateral/international trade regimes. Therefore, this research is aimed at unraveling the dynamics in Sino-Ethiopia trade relations with emphasis on the economic capacity of the two countries, balance of trade and explore whether Ethiopia’s attempts to join WTO would lead to a more predictable trade relations between the two countries. In this attempt the research would largely rely on the analysis of relevant archival resources and literatures directly relating to the themes in this paper.

scholarly journals Development of Trade Relations of Bosnia and Hercegovina with Slovenia: Different Aspects and Characteristics

2019 ◽  
Vol 65 (3) ◽  
pp. 40-49
Author(s):  
Snježana Brkić
Keyword(s):  
Comparative Advantage ◽  
Bilateral Trade ◽  
Trade Flows ◽  
Trade Intensity ◽  
Industry Specialization ◽  
Trade Relations ◽  
Export Structure ◽  
Functional Aspects ◽  
The Republic ◽  
Trade Analysis

AbstractThe paper is aimed at identifying characteristics of trade relations of Bosnia and Herzegovina (BiH) with the Republic of Slovenia (Slovenia) in order to contribute to determining the position of BiH in its bilateral trade. The foreign trade analysis has been performed in the context of the changing trade regime between the two countries, thereby including both institutional and functional aspects of bilateral trade relations development. Different trade indicators have been calculated and interpreted for the period of 2003-2017 and/or for selected years which were identified by a change in the institutional regulations of mutual trade flows. The research results indicate increasing trade intensity between the two countries, with almost balanced export and import flows and with prevailing inter-industry trade. The trade performance of BiH has significantly improved, with increasing intra-industry specialization and trade. However, the export structure and comparative advantage pattern are not favourable toward BiH, which points to the need for improving the country’s position in its trade with Slovenia.

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.

Sign in / Sign up

Export Citation Format

Share Document