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An Analysis of Korea-Vietnam Bilateral Trade Relation

Author

Listed:
  • Phan, Thanh Hoan
  • Jeong, Ji Young

Abstract

Republic of Korean – Vietnam relation has been rapidly deepened in all fields, especially trade and investment since the establishment of diplomatic ties in 1992. This paper analyzes the patterns and trends in the trade relations between the two countries in the past twenty years. Various trade indices such as Trade intensity, Trade complementarities, Intra industry and Revealed comparative advantages were used to describe the structure and composition in the Korea-Vietnam bilateral trade. The study results show that trade pattern between Korea and Vietnam is predominantly inter-industry trade and complementary. The main findings also suggest that there is significant potential for further growth of trade between two countries

Suggested Citation

  • Phan, Thanh Hoan & Jeong, Ji Young, 2012. "An Analysis of Korea-Vietnam Bilateral Trade Relation," MPRA Paper 48312, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:48312
    as

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    File URL: https://mpra.ub.uni-muenchen.de/48312/1/MPRA_paper_48312.pdf
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    References listed on IDEAS

    as
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    3. Tran Nhuan Kien & Tran Nhuan Kien & Hong Ryul Lee & Yoon Heo, 2010. "Dynamic Patterns of Korea-Vietnam Trade Relations," International Area Studies Review, Center for International Area Studies, Hankuk University of Foreign Studies, vol. 13(2), pages 257-279, June.
    4. Yoshida, Yushi, 2013. "Intra-industry trade, fragmentation and export margins: An empirical examination of sub-regional international trade," The North American Journal of Economics and Finance, Elsevier, vol. 24(C), pages 125-138.
    5. Ando, Mitsuyo, 2006. "Fragmentation and vertical intra-industry trade in East Asia," The North American Journal of Economics and Finance, Elsevier, vol. 17(3), pages 257-281, December.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Bilateral trade; trade pattern; intra-industry trade; revealed comparative advantage; Korea; Vietnam;
    All these keywords.

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade

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