scholarly journals Comparative advantage in Vietnam's agricultural exports to Australia

2021 ◽  
Keyword(s):  
Trade Liberalization ◽  
Comparative Advantage ◽  
Industry Structure ◽  
Agricultural Products ◽  
Market Demand ◽  
Revealed Comparative Advantage ◽  
Agricultural Exports ◽  
Market Factors ◽  
Good Trade ◽  
Agriculture Products

This study determines the comparative advantage of Vietnam's agricultural products based on the index of comparative advantage (RCA - Revealed Comparative Advantage). The research results on the UNComtrade database show that Vietnam maintained 8 commodity groups with revealed comparative advantage in the period 2000 - 2020. Contributing to the increase of Vietnam's exports to Australia one partly due to strong market demand, appropriate industry structure, and a significant part from the factor of competitive advantage, especially in the period 2007 - 2015. Vietnam's exports to the Australian market are those with comparative advantages. Therefore, with the trend of trade liberalization increasingly strong in the region, Vietnam has the opportunity to take advantage of market factors and this process will promote the creation of very good trade between Vietnam and some economies in the region. Keywords: comparative advantage, agriculture products, RCA

scholarly journals Perspectives of the Russian agricultural exports in terms of comparative advantage  

2017 ◽  
Vol 63 (No. 7) ◽  
pp. 318-330 ◽  
Author(s):  
Benesova Irena ◽  
Maitah Mansoor ◽  
Smutka Lubos ◽  
Tomsik Karel ◽  
Ishchukova Natalia
Keyword(s):  
Trade Liberalization ◽  
Comparative Advantage ◽  
Economic Transformation ◽  
Global Market ◽  
Agricultural Products ◽  
Current Position ◽  
Agricultural Exports ◽  
Comparative Advantages ◽  
The Russian Federation ◽  
Cis Countries

The paper analyses the current position of the Russian Federation in the global market of agricultural products and foodstuffs with the accent on the comparative advantage of Russian agricultural exports in relation to specific regions and states. The key purpose of the research is to classify the most significant changes in the structure of Russian agricultural exports. The results show that the structure of Russian trade is changing continuously and evolving along with the process of economic transformation and trade liberalization. Exports become less diversified and are concentrated in a few segments. From the perspective of comparative advantage, cereals, fish and vegetable oils are the segments of Russian exports which become more significant. The comparative advantages of Russian exports are strengthening mostly in the case of African, Asian and CIS countries.

scholarly journals Durability of Zambia’s Agricultural Exports

Agriculture ◽  
2021 ◽  
Vol 11 (1) ◽  
pp. 73
Author(s):  
Joseph Phiri ◽  
Karel Malec ◽  
Socrates Kraido Majune ◽  
Seth Nana Kwame Appiah-Kubi ◽  
Zdeňka Gebeltová ◽  
...  
Keyword(s):  
Market Access ◽  
Raw Materials ◽  
Foreign Market ◽  
Agricultural Products ◽  
First Year ◽  
Colonial History ◽  
Agricultural Exports ◽  
Export Subsidies ◽  
Agriculture Products ◽  
Export Duration

This paper establishes the determinants of the export durability of agriculture products in Zambia with specific attention to maize, sugar, cotton, and tobacco between 1996 and 2019. We find that approximately 39% of Zambia’s agricultural products were exported beyond the first year of trading and less than 10% lasted up to 6 years of trading. The mean and median duration of exporting agricultural products in Zambia was 1.7 years and 1 year, respectively. Among the products, maize had the highest export duration after the first year of trading, followed by sugar, tobacco, and cotton. Results of the discrete-time logit and probit models with random effects revealed that the duration of total agricultural products was significantly impacted by common colony, contiguity, partner’s gross domestic product (GDP), Zambia’s GDP, initial exports, and total exports. Of these factors, colonial history and Zambia’s GDP reduced export duration, while contiguity, partner’s GDP, initial exports, and total exports increased the durability of exports in Zambia. The effect of Zambia’s GDP was uniform across all individual agricultural products. Total exports also significantly impacted all other agriculture products in a similar manner except for maize. Export durability for cotton was significantly impacted by the Regional Trade Agreements (RTAs), while the export durability of tobacco was significantly impacted by distance, contiguity, and partner’s GDP. To increase the duration of agriculture exports, we propose the exporting of finished agriculture products (and not just raw materials), which have a higher market value and duration probability. Farmers also need support with export subsidies, increased foreign market access (especially to economies with higher buying power), and negotiated favorable trade terms in the region and around the globe.

scholarly journals Indonesian Agricultural Exports: Trends and Competitiveness Analysis of Last 2 Decades

2021 ◽  
pp. 82-89
Author(s):  
P. Soumya ◽  
R. A. Yeledhalli
Keyword(s):  
Growth Rate ◽  
Comparative Advantage ◽  
Export Market ◽  
Agricultural Commodities ◽  
Revealed Comparative Advantage ◽  
Agricultural Exports ◽  
Research Period

The study aims to evaluate the patterns and competitiveness of Indonesian agricultural exports. The research period covered for this report is from 2000 to 2018. The study is focused on the compound growth rate and the revealed comparative advantage. In terms of quantity, the compound growth rate for agricultural commodities exports from Indonesia is 8.78 percent, and in terms of volume, it is 12.33 percent. According to the report, there is a need to expand the export market by meeting the requirements set by import countries. Seven agricultural commodities groups showed revealed comparative advantage throughout the study period, five showed revealed comparative advantage by the end of the study period, and seventeen showed revealed comparative disadvantage throughout the study period. The study proposed a need to promote the export of agricultural commodities having revealed comparative advantage during the entire or at the end of the period of study.

scholarly journals The EC-Scandinavian agricultural trade changes - causes and consequences

1991 ◽  
Vol 63 (5) ◽  
pp. 503-512
Author(s):  
Tuomas Kuhmonen ◽  
Dirk Strijker
Keyword(s):  
Comparative Advantage ◽  
Agricultural Policy ◽  
Food Products ◽  
Agricultural Trade ◽  
Agricultural Products ◽  
Income Support ◽  
Revealed Comparative Advantage ◽  
Price Support ◽  
Food Trade ◽  
Direct Income

This article examines the changes in the mutual agro-food trade between the EC and Scandinavian countries Finland, Norway and Sweden in 1960—85 by using the concept of “Revealed Comparative Advantage”. The agricultural policy actions of the EC have weakened the mutual trading position of Scandinavia very strongly in basic temperate agricultural products but improved it in other types of agro-food products. The massive supports and trade regulations of the EC have also increased its mutual competitiveness in agro-food compared to all traded items. In recent years are direction of agricultural policy has started in the EC from price support and increasing productivity to production cutbacks and direct income support. This seems to be the same path as the Scandinavian countries had to take earlier.

scholarly journals Competitiveness of Turkey in Eurasia: A Comparison with CIS Countries

2010 ◽  
Author(s):  
Hacer Simay Karaalp Orhan
Keyword(s):  
Comparative Advantage ◽  
Bilateral Trade ◽  
Trade Flow ◽  
World Market ◽  
Agricultural Products ◽  
Kyrgyz Republic ◽  
Iron And Steel ◽  
The World ◽  
Agriculture Products ◽  
Cis Countries

The main aim of this paper is to examine international competitiveness of Turkey both in world market and CIS (Commonwealth of Independent States) in comparison with Azerbaijan, Belarus, Georgia, Kazakhstan, Kyrgyz Republic, Moldova, Ukraine, Russia and to determine the value of trade between Turkey and CIS countries. The Revealed Comparative Advantage, Grubel-Lloyd (IIT) and Trade Intensity indices were calculated for sixteen commodity groups over the period 1996–2008 by using WTO data. The results suggest that Turkey is more competitive in CIS market and has comparative advantage in various products. Turkey has comparative advantage not only in agricultural products, food, manufactures, automotive products, textile and clothing as the world market but also in chemicals, pharmaceuticals, machinery-transport equipment, office-telecom equipment and telecommunications vis-à-vis CIS countries. CIS countries exhibit similar comparative advantages in the world market. CIS countries have comparative advantage particularly in fuels and mining products, agricultural products, food, iron and steel but in a decreasing trend. The IIT results indicate that while Turkey approaches intra-industry specialization in agricultural products, food and textile but also manufacture products such as iron and steel, telecommunications equipment, machinery-transport and automotive products. CIS countries’ economy indicates increasing intra-industry trade in agriculture products, food manufactures, iron and steel. It is found that there is an intense relationship between Turkey and CIS countries except Belarus. Bilateral trade flow between Turkey and Azerbaijan, Kyrgyz Republic and the Georgia is extremely larger than these countries’ importance in world trade.

scholarly journals China’s trade competitiveness in the area of agricultural products after the implementation of the World Trade Organization commitments

2018 ◽  
Vol 64 (No. 9) ◽  
pp. 379-388 ◽  
Author(s):  
 Fojtíková Lenka
Keyword(s):  
World Trade Organization ◽  
Comparative Advantage ◽  
World Trade ◽  
Negative Impact ◽  
Trade Deficit ◽  
Agricultural Trade ◽  
State Regulation ◽  
Agricultural Products ◽  
Revealed Comparative Advantage ◽  
The World

The paper provides evidence on the implementation of China’s trade commitments into its institutional and legal environment, which influenced its agricultural trade. The contribution to the trade balance index and the revealed comparative advantage index are used for the identification of changes in China’s export competitiveness in agricultural products between 2001 and 2015. The World Trade Organization (WTO) trade liberalisation, followed by changes in the structure of economy, contributed to China building a trade deficit in the area of the agricultural products and losing competitiveness in some products. China gradually liberalised its agricultural trade in compliance with the WTO commitments. However, relatively high protection or state regulation of the domestic market has remained in products that China exports with a revealed comparative disadvantage. The existence of the state trading can also have a negative impact on the results of China’s revealed comparative advantage in its exports of agricultural products.

scholarly journals Comparative advantage of exports from Serbia and Montenegro

2003 ◽  
Vol 46 (3-4) ◽  
pp. 153-175 ◽  
Author(s):  
Nebojsa Gagovic
Keyword(s):  
Comparative Advantage ◽  
Raw Materials ◽  
Agricultural Products ◽  
Revealed Comparative Advantage ◽  
Serbia And Montenegro ◽  
Mineral Raw Materials ◽  
World Markets ◽  
Revealed Comparative Advantage Index

The revealed comparative advantage index shows country's share of world markets in a given product, relative to its share in all manufactures. It expresses what specific products the country exports, and where it losing or gaining advantage. For ease of interpretation this paper reports the logarithm of RCA measure. According to this measure, the leading export products are those with high and rising RCA. In the case of Serbia and Montenegro, an unusual mix of manufactures appears to be among leading industries, including footwear, clothes, agricultural products, and mineral raw-materials.

scholarly journals Analysis of Factors that Influence Agricultural Trade between China and Mongolia

2021 ◽  
Vol 04 (05) ◽  
Author(s):  
Tumenjargal Zagdaakhuu ◽  
Keyword(s):  
Growth Rate ◽  
Comparative Advantage ◽  
Agricultural Trade ◽  
Agricultural Products ◽  
Average Annual Growth Rate ◽  
Annual Growth ◽  
Strategic Partnership ◽  
Agricultural Product ◽  
Annual Growth Rate ◽  
Agricultural Exports

Mongolia-China trade turnover has increased 250 times in 28 years. The two countries formally established diplomatic relations on October 16, 1949, which has now expanded to the level of a comprehensive strategic partnership. This paper seeks to study and analyse the factors that influence agricultural product trade between China and Mongolia and give recommendations which can create new possibilities for the expansion of bilateral agricultural trade that were established in 2014. We use Comparative analysis and apply factor regression analysis methods of econometrics and Revealed Comparative Advantage Index (RCA index) of the factors affecting the trade of agricultural products between China and Mongolia were analyzed. Our results show that the development of China-Mongolia agricultural trade is faster than the overall development of China’s agricultural product trade, the average annual growth rate from 2001 to 2018 of China-Mongolia agricultural trade is 17.1%, which is 4.3% higher than the average annual growth rate of China’s total agricultural trade, average annual growth rate of agricultural 26 import from Mongolia is 5.7% higher than the overall increase of China's agricultural imports, average annual increase of agricultural exports to Mongolia is 2.2% higher than the overall increase of China's agricultural exports, agricultural product trade is highly complementary, RCA index shows that China's livestock products industry used have a 28 very strong comparative advantage in live animals, China's live animals competitive comparative advantage has continued to decrease and the index result has fallen below 1 and Chinese pay more attention to the quality and safety of agricultural products. We make policy recommendations for promoting the development of agricultural trade between China and Mongolia and provide reference for the study of agricultural trade between China and Mongolia.

scholarly journals ANALISIS FAKTOR-FAKTOR EKSPOR PRODUK PERTANIAN INDONESIA KE NEGARA KURANG BERKEMBANG

2018 ◽  
Vol 5 (1) ◽  
pp. 57
Author(s):  
Qiki Qilang Syachbudy ◽  
Muhammad Firdaus ◽  
Heny Kuswanti Suwarsinah Daryanto
Keyword(s):  
Gross Domestic Product ◽  
Palm Oil ◽  
Agricultural Products ◽  
Domestic Product ◽  
Trade Relation ◽  
Export Markets ◽  
Factors Affecting ◽  
Agricultural Exports ◽  
World Price ◽  
Good Trade

<em>This study aims to analyze the potential of new export markets for Indonesian agricultural products and analyze the factors that affect the export of agricultural products LDCs. The method used was Export Product Dynamics (EPD) and Gravity Model. The study focused on Indonesian agricultural exports to 36 countries which have a GDP per capita below US$ 3.500. The study found that Indonesia has relationships that is different among commodities. For tea, Indonesia has trade relation with Cambodia, Kenya, and Pakistan. For palm oil, Indonesia has trade relation with Bangladesh, Togo, Sierra Leone, Guinea, Benin, Mozambique, Tanzania, Nigeria, Yemen, Cameroon, Senegal, Pakistan, and Ghana. For coconut, Indonesia has good trade relation with Bangladesh, Tanzania, and Pakistan. For Sugar, Indonesia has trade relation to Madagascar, Kenya, Yemen, Cambodia, Bangladesh, Ghana, and Pakistan. Factors affecting the demand of tea are gross domestic product of importer countries and economics distance. Furthermore, factor influencing the trading of palm oil are world price, gross domestic product of importer countries and economics distance. While, coconut and sugar trading is affected by world price and economics distance. Thus, it can be said that the potential for new export markets for Indonesian agricultural products in the context of South-South Cooperation has a good chances.</em>

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