Competitiveness of Malaysian Fisheries Exports: A Constant Market Share Analysis

Bee Hui Soh (), Ghee-Thean Lim () and Soo Y. Chua ()
Additional contact information
Bee Hui Soh: School of Social Sciences, Universiti Sains Malaysia
Ghee-Thean Lim: School of Social Sciences, Universiti Sains Malaysia
Soo Y. Chua: School of Social Sciences, Universiti Sains Malaysia

Malaysian Journal of Economic Studies, 2021, vol. 58, issue 2, 175-198

Abstract: Malaysia, one of the global major fish producers, has highly traded fisheries products given its many water bodies. Nonetheless, it faces a serious fish trade deficit, implying that the Malaysian fisheries sector might lose its competitiveness in the global market. This paper adopts a modified constant market share (CMS) analysis, which incorporates a net-share approach index and geometric framework, to measure the export competitiveness of the Malaysian fisheries sector. The findings reveal that half of the fisheries products exhibit optimistic export competitiveness. Malaysia reflects the strongest competitiveness in exporting frozen fish and the least competitiveness in the export of crustaceans. Additional effort and attention on those less competitive groups of aquatic invertebrates, live fish and crustaceans are required to improve the export performance. Application of the modified approach is highly proposed as it is not only a simple measurement that gives relatively more accurate results but also succeeds to overcome inconsistency in the traditional approach. The findings provide evidence of unrealised fish export potential regarding product categories, which helps policymakers, traders and marketers to develop their long-term strategic plans and enhance the export competitiveness of the fisheries sector in Malaysia.

Keywords: Competitiveness Index; constant market share; export; fisheries; Malaysia (search for similar items in EconPapers)
JEL-codes: B27 F14 O13 Q17 Q22 (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations: View citations in EconPapers (1)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mjr:journl:v:58:y:2021:i:2:p:175-198

DOI: 10.22452/MJES.vol58no2.1

Access Statistics for this article

Malaysian Journal of Economic Studies is currently edited by Lim Kian Ping

More articles in Malaysian Journal of Economic Studies from Faculty of Business and Economics, University of Malaya & Malaysian Economic Association Contact information at EDIRC.
Bibliographic data for series maintained by Malaysian Economic Association ().