Evaluation Of The Composite Export Similarity Index On The Example Of China

Abstract

The purpose of this article is to enhance the Export Similarity Index to provide more reliable results on whether and to what extent two countries are potential and immediate competitors in the global trade. To achieve this existing methodology was complemented with the set of geographical destinations. This allows the evaluation of the overlap in export portfolios of two or more countries and understanding the possible level of their competition in international trade. To prove the efficiency of this enhanced index China’s export portfolio was compared with 50 largest exporters. Achieved results demonstrate a strong overlap of Chinese trade with Vietnam, Japan, and the Philippines proving the veracity of the introduced methodology.

Türkiye ve BRICS İhracatının Ülke Bazlı Yoğunlaşması ve AB-28 Pazarına İhracat Benzerliği

“…Li (2018) shows that the export similarity between China and India has increased in recent years and that they are in serious competition in his study with ESI, Trade Integration Index, RCA Index, Expertise Coefficient, and Conformity Coefficient. Vlasenko (2020), in his study with ESI, concludes that among the 40 largest global exporters, China's likely competitors as of 2018 are the neighboring Asian economies of Vietnam, the Republic of Korea, Japan, Malaysia, and Singapore, and its weakest competitors are oil exporters Kuwait, Saudi Arabia, and Iran.…”

Evaluation of the Composite Export Similarity Index on the Example of Ukraine

“…У 2017 р. В. Горбачук, П. Неботов, В. Новодережкін використали індекс як один з показників зовнішньої торгівлі Франції та України [6]. Аналогічним чином індекс було використано у попередніх роботах автора для аналізу білатеральної торгівлі України та Китаю [7].…”