|Table of Contents|

Examining China's agricultural export potential to major“the Belt and Road” countries——taking agricultural products subject to additional tariffs during Sino-US trade friction as an example(PDF)

《长安大学学报（社科版）》[ISSN:1671-6248/CN:61-1391/C]

Issue:
2023年05期
Page:
55-71
Research Field:
数字贸易研究
Publishing date:

Info

Title:
Examining China's agricultural export potential to major“the Belt and Road” countries——taking agricultural products subject to additional tariffs during Sino-US trade friction as an example
Author(s):
FENG Xiaoling;  TIAN Na;  PAN Ning
(Shipping Economics and Management College, Dalian Maritime University,Dalian 116033, Liaoning, China)
Keywords:
agricultural export potential;  elasticity analysis;  tariff;  Sino-US trade friction;  “the Belt and Road” initiative;  “the Belt and Road” countries
PACS:
F125
DOI:
-
Abstract:
Amidst the impact of the Sino-US trade friction, this study delves into unleashing China's agricultural export potential and refining thecountries' agricultural export landscape. Leveraging data from 1996 to 2019, our focus centers on agricultural goods affected by heightened tariffs during the Sino-US trade friction. Departing from conventional trade potential estimations, this paper employs elasticity analysis to assess the short-term export potential of these goods across 36 countries along the “the Belt and Road”. The findings advocate that China's agricultural products, under increased tariffs, hold substantial potential to replace analogous goods from competitor countries, particularly in markets like Italy, South Korea, Vietnam, Indonesia, the Philippines, Malaysia, and Russia. Notably, the demand elasticity across these 36 countries is manifested in the import of Chinese agricultural products affected by added tariffs, with Southeast Asia emerging as a focal point for potential exports. The study indicates for China to concentrate on lowering production and trade expenses in the agricultural sector, creating flexibility in pricing, and enhancing trade collaboration with countries along the route, and specifically, leveraging the Regional Comprehensive Economic Partnership(RCEP)to facilitate deeper trade ties between China and ASEAN countries, thereby bolstering China's export to the “the Belt and Road” countries and optimizing its agricultural export trade pattern.

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Last Update: 2023-12-01