Potential and Trends in the Foreign Trade of Machinery Products BRICS + Iran

Moskovkin Vladimir M. and Tszen Yuan
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Moskovkin Vladimir M.: National Research University Belgorod State University
Tszen Yuan: National Research University Belgorod State University

Business Inform, 2013, issue 1, 33_42

Abstract: The paper shows how the analytical tool "Bilateral Trade" Database "Trade Map" can effectively to use for study the export-import potential and trends in mutual trade of leading commodities in any group of countries. On the example of BRICS + Iran shows negative structural changes in the foreign trade of machinery products in Russia, on the contrary, a significant and positive structural changes in China. Unlike Russia, China in the field of machinery has achieved outstanding results to increase its export capacity, with balanced growth in export and import indicators.

Keywords: mutual trade; machinery products; export potential; Bilateral Trade; Trade Map; BRICS + Iran (search for similar items in EconPapers)
Date: 2013
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