Agriculture Reference
In-Depth Information
in temperate fruits. The share of bananas, mangoes and other fresh fruits
(SITC05798) accounted for 84.1 per cent of China's total imports of fruits
from ASEAN in 2005. Therefore, the two economies have good potential
for complementarty n frut trade. Ths s apparently the reason for the
rapd ncrease n blateral trade n fruts n recent years.
With regard to processed products, China has stronger RCA than ASEAN.
China's RCA value for processed products was 0.25 in 2005—much higher
than ASEAN's RCA value of 0.03. Comparing the RCA in past years, we find
that Chna has been mantanng strong RCA n processed products (Table
12.3). In contrast, ASEAN's RCA in processed products has been declining
and has approached zero in recent years (Table 12.4). It is expected,
therefore, that China will export more processed products to ASEAN if
tariffs on processed products are removed through the ACFTA.
Many commodities—for example, animal products, vegetable oils and
rubber—enjoy complementarity between China and ASEAN, and it will be
Figure 12.6 Comparisons of revealed comparative advantage in
agricultural products in China and ASEAN, 2005
1
RCI of Chna
RCI of ASEAN
RCA of Chna
RCA of ASEAN
0.8
0.6
0.4
0.2
0
-0.2
-0.4
-0.6
-0.8
-1
Fish Processed products Cereal Oil seeds Rubber
Vegetables/fruits Anmal products
Sugar
Raw materals
Vegetable oils
Source:
COMTRADE.
