TITLE:
Research on the Competitiveness and Complementarity of Agricultural Products Trade between China and Russia
AUTHORS:
Lingling Xie
KEYWORDS:
Trade of Agricultural Products, Competitiveness, Complementarity, COVID-19
JOURNAL NAME:
Open Access Library Journal,
Vol.9 No.10,
October
28,
2022
ABSTRACT: Both China and Russia have abundant agricultural resources, and there are frequent trade exchanges. Agricultural product trade is an important part of the trade exchanges between the two countries. This article combines the current hot spot of the new crown pneumonia epidemic in 2020, and takes the agricultural product trade data between China and Russia from 2006 to 2020 as a research sample to measure the basic status, competitiveness and complementarity of the agricultural product trade between China and Russia. The results show that: 1) Although the scale of Sino-Russian agricultural trade is large, the shortcomings are high concentration and single category, and under the influence of the epidemic, the scale of China’s agricultural exports to Russia has shrunk, but the scale of China’s imports from Russia has not been affected, and continued the growth trend of previous years. 2) The competitiveness of Russia’s agricultural products is generally lower than that of China, but China only has an advantage in the export of a few types of agricultural products, and the current complementarity of agricultural trade between China and Russia is still relatively low on the whole, and the cooperation between the two sides needs to be further deepened. 3) Due to the impact of the epidemic, the competitiveness and complementarity of various types of agricultural products trade between China and Russia have been weakened to varying degrees, but this is also an opportunity. Under this background, we can further expand the scale of bilateral agricultural trade, adjust and optimize the trade structure of the two countries, and make the trade complementarity of various agricultural products more balanced.