Are the Gulf States poised to become Uganda’s No. 1 trading partners? Emerging trends and imperatives
Milton Ayoki
MPRA Paper from University Library of Munich, Germany
Abstract:
For centuries, Europe has been an important market for products from Sub-Saharan Africa. In the turn of the twenty-first century, however, the boundary of the trade geography dramatically changed, with African products increasingly going to the Gulf region. Using the World Bank WITS database, this paper examines the nature and evolution of the Uganda’s exports to the Gulf States over the last 15 years. Evidence shows high exports concentration within the top-5 products—precious stones and glass, raw materials, animal, vegetable, and consumer goods—with Uganda’s strongest revealed comparative advantage (RCA) being in vegetables. Uganda’s RCA profile has evolved over the years; its export sector strengths changed from hides and skins, and stone and glass, to vegetables and is trending towards animals and food products. This trend partly reflects the dynamic natures of the Gulf markets, suggesting continuous efforts at both government and industry level, to harness productivity and product quality, to stay ahead of completion.
Keywords: Bilateral trade; revealed comparative advantage; Uganda; Gulf States; Bahrain; Iraq; Kuwait; Oman; Qatar; Saudi Arabia; the United Arab Emirates (UAE) (search for similar items in EconPapers)
JEL-codes: F13 F14 F15 (search for similar items in EconPapers)
Date: 2019-01-31
New Economics Papers: this item is included in nep-ara and nep-int
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:93646
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