Competitiveness or complementarity: Analysis of agricultural trade between China and Brazil

The competitiveness and complementarity of trade reflect the advantages and disadvantages of exports and future trade trends. After China joined the WTO, the import and export volume of agricultural products has increased significantly, but the import volume and import growth rate have greatly excee...

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Autor principal:	Fenghe Zhang
Formato:	article
Lenguaje:	EN
Publicado:	LLC "CPC "Business Perspectives" 2021
Materias:	agricultural exports agricultural imports competitiveness complementarity growth potential influencing factors Business HF5001-6182
Acceso en línea:	https://doaj.org/article/d64b5dcf3d1f46a49251d093b4d8d7be
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spelling	oai:doaj.org-article:d64b5dcf3d1f46a49251d093b4d8d7be2021-11-16T12:32:31ZCompetitiveness or complementarity: Analysis of agricultural trade between China and Brazil10.21511/ppm.19(4).2021.211727-70511810-5467https://doaj.org/article/d64b5dcf3d1f46a49251d093b4d8d7be2021-11-01T00:00:00Zhttps://www.businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/15820/PPM_2021_04_Zhang.pdfhttps://doaj.org/toc/1727-7051https://doaj.org/toc/1810-5467The competitiveness and complementarity of trade reflect the advantages and disadvantages of exports and future trade trends. After China joined the WTO, the import and export volume of agricultural products has increased significantly, but the import volume and import growth rate have greatly exceeded the export volume and export growth rate. China is the world’s largest importer of agricultural products, and Brazil has become the world’s largest exporter of agricultural products. As a country with the largest increase in agricultural exports, China and Brazil have close agricultural trade exchanges. China has become Brazil’s largest importer of agricultural products for four consecutive years. In addition, both China and Brazil are BRIC countries; therefore, the establishment of a cooperation mechanism is more conducive to the development of agricultural trade. This study uses quantitative research methods to investigate the agricultural trade between China and Brazil by calculating the revealed comparative advantage index, trade complementarity index, and trade intensity index. The study found that due to the different endowments of agricultural resources and the significant differences in agricultural structure, China and Brazil’s agricultural trade competitiveness is weak and they are highly complementary. The main agricultural products exported by China are labor-intensive processed products (pulp and waste paper, textile fibers, vegetables and fruits), and the main agricultural products exported by Brazil are land-intensive products (oilseeds and oily fruits, vegetable oils, raw hides and furs). Complementary advantages in agricultural trade were analyzed. In the future, the two countries have huge potential for cooperation and development.Fenghe ZhangLLC "CPC "Business Perspectives"articleagricultural exportsagricultural importscompetitivenesscomplementaritygrowth potentialinfluencing factorsBusinessHF5001-6182ENProblems and Perspectives in Management, Vol 19, Iss 4, Pp 258-269 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	agricultural exports agricultural imports competitiveness complementarity growth potential influencing factors Business HF5001-6182
spellingShingle	agricultural exports agricultural imports competitiveness complementarity growth potential influencing factors Business HF5001-6182 Fenghe Zhang Competitiveness or complementarity: Analysis of agricultural trade between China and Brazil
description	The competitiveness and complementarity of trade reflect the advantages and disadvantages of exports and future trade trends. After China joined the WTO, the import and export volume of agricultural products has increased significantly, but the import volume and import growth rate have greatly exceeded the export volume and export growth rate. China is the world’s largest importer of agricultural products, and Brazil has become the world’s largest exporter of agricultural products. As a country with the largest increase in agricultural exports, China and Brazil have close agricultural trade exchanges. China has become Brazil’s largest importer of agricultural products for four consecutive years. In addition, both China and Brazil are BRIC countries; therefore, the establishment of a cooperation mechanism is more conducive to the development of agricultural trade. This study uses quantitative research methods to investigate the agricultural trade between China and Brazil by calculating the revealed comparative advantage index, trade complementarity index, and trade intensity index. The study found that due to the different endowments of agricultural resources and the significant differences in agricultural structure, China and Brazil’s agricultural trade competitiveness is weak and they are highly complementary. The main agricultural products exported by China are labor-intensive processed products (pulp and waste paper, textile fibers, vegetables and fruits), and the main agricultural products exported by Brazil are land-intensive products (oilseeds and oily fruits, vegetable oils, raw hides and furs). Complementary advantages in agricultural trade were analyzed. In the future, the two countries have huge potential for cooperation and development.
format	article
author	Fenghe Zhang
author_facet	Fenghe Zhang
author_sort	Fenghe Zhang
title	Competitiveness or complementarity: Analysis of agricultural trade between China and Brazil
title_short	Competitiveness or complementarity: Analysis of agricultural trade between China and Brazil
title_full	Competitiveness or complementarity: Analysis of agricultural trade between China and Brazil
title_fullStr	Competitiveness or complementarity: Analysis of agricultural trade between China and Brazil
title_full_unstemmed	Competitiveness or complementarity: Analysis of agricultural trade between China and Brazil
title_sort	competitiveness or complementarity: analysis of agricultural trade between china and brazil
publisher	LLC "CPC "Business Perspectives"
publishDate	2021
url	https://doaj.org/article/d64b5dcf3d1f46a49251d093b4d8d7be
work_keys_str_mv	AT fenghezhang competitivenessorcomplementarityanalysisofagriculturaltradebetweenchinaandbrazil
_version_	1718426576013492224

Competitiveness or complementarity: Analysis of agricultural trade between China and Brazil

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