Identifying the Potential Trade Opportunities in the Vegetable Market between China and Pakistan

文献类型： 外文期刊

第一作者： Khan, Humayun

作者： Khan, Humayun;Chen, Yangfen

作者机构：

关键词： Trade potential; vegetables; complementarity; competitiveness; CPFTA

期刊名称：PAKISTAN JOURNAL OF AGRICULTURAL SCIENCES （ 影响因子：0.7； 五年影响因子：0.8 ）

ISSN： 0552-9034

年卷期： 2024 年 61 卷 2 期

页码：

收录情况： SCI

摘要： Agriculture trade helps countries capitalize on the untapped benefits of their agro-climatic, geographic, and socio-economic endowments to maintain food security. Vegetables among the crops grown in Pakistan hold a key position. Despite the agricultural potential, Pakistan's vegetables have a negative trade balance. Since China is Pakistan's largest trading partner offering a huge market, this study explores the potential trade opportunities in the vegetable sector between China and Pakistan aiming to overcome the trade deficit, and evaluates the trade specialization and competitiveness of vegetable products between China and Pakistan. We employed the Revealed Comparative Advantage index, Symmetric Revealed Comparative Advantage index, Imports Revealed Comparative Disadvantage, and Trade Complementarity index. Results indicated that China and Pakistan have a comparative advantage in vegetable trade, however, a notable distinction between the degree and products exhibit comparative advantage. China exports and Pakistan imports are highly complementary. Further, the studied indices revealed that some products are exactly the same. China has export comparative advantage while Pakistan has a comparative import disadvantage, indicating a potential trade gap. The results demonstrated that China Pakistan Free Trade Agreement positively impacts the two-sided vegetable trade. However, the potential of China Pakistan Economic Corridor (CPEC) is not fully exploited. Finally, suggestions were put forward to strengthen bilateral trade for mutual benefit.

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