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Analysis on Trade Competitiveness and Trade Complementarity between Uzbekistan and the Member States of Eurasian Economic Union

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  • Zhang Lingzhi

    (Tashkent State University of Economics, Tashkent, Uzbekistan)

Abstract

Based on the 2010-2019 United Nations commodity trade data, this paper has calculated the regional revealed comparative advantage index, export similarity index, trade complementarity index and intra-industry trade index of trade between Uzbekistan and the member states of the Eurasian Economic Union. This paper analyses the competitiveness and complementarity of trade between Uzbekistan and the member states of the Eurasian Economic Union. Uzbekistan and the Eurasian Economic Union member countries have a high degree of similarity in the export of commodities. There is a certain degree of competitiveness in commodities exported to the same market. However, there are differences in the structure of commodity trade among member states. Uzbekistan’s trade complementarity with the member states of the Eurasian Economic Union is distributed in food and live animals (SITC0), mineral fuels, lubricants and related materials (SITC3), manufactured goods classified chiefly by material (SITC6), commodities and transactions not classified elsewhere in the SITC (SITC9). Uzbekistan has strong trade complementarity with Armenia, Belarus and Kyrgyzstan, but weak trade complementarity with Russia and Kazakhstan

Suggested Citation

  • Zhang Lingzhi, 2021. "Analysis on Trade Competitiveness and Trade Complementarity between Uzbekistan and the Member States of Eurasian Economic Union," International Journal of Innovation and Economic Development, Inovatus Services Ltd., vol. 7(2), pages 7-19, June.
    • Handle: RePEc:mgs:ijoied:v:7:y:2021:i:2:p:7-19
    DOI: 10.18775/ijied.1849-7551-7020.2015.72.2001
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    References listed on IDEAS

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    1. Glick, Reuven & Rose, Andrew K., 1999. "Contagion and trade: Why are currency crises regional?," Journal of International Money and Finance, Elsevier, vol. 18(4), pages 603-617, August.
    2. Gaël Raballand & Agnès Andrésy, 2007. "Why should trade between Central Asia and China continue to expand?," Asia Europe Journal, Springer, vol. 5(2), pages 235-252, June.
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    More about this item

    Keywords

    Eurasian Economic Union; Uzbekistan; Trade competitiveness; Trade complementarity; Export similarity index; Regional revealed comparative advantage index; Trade complementarity index; Grubel-Lloyd intra-Industry trade index;
    All these keywords.

    JEL classification:

    • M00 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General - - - General

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