Agriculture sector is one of the key sectors of MINT economies. It is plays an important role in MINT’s foreign trade and economic development. In the last 15 years, the export of agricultural food products has grown more than 3 times. Today, MINT countries are major producer and exporter of many agricultural food products. In this study examined the comparative advantage of agricultural and food products of MINT countries. In study the Revealed Comparative Advantage, Revealed Symmetric Comparative Advantage and Trade Balance Index was used. The study used International Trade Centre statistical data for the period 2001-2015. The estimate of RCA and RSCA show that the competitiveness is high in agricultural raw materials and foodstuffs in Indonesia and Turkey. It was found that the competitiveness is low in Mexico and Nigeria. Findings show that Turkey is a net exporter in both product groups. Indonesia is a net exporter in agricultural raw materials and Mexico is in foodstuffs. Nigeria is a net importer country in both product groups
Benzer Makaleler | Yazar | # |
---|
Makale | Yazar | # |
---|