The ‘Similarity’ of Agri-Food Trade Flows between the EU-28 and the Asia-50

Rosa Maria Fanelli and Alessandro Giglio

The International Trade Journal, 2021, vol. 35, issue 6, 558-586

Abstract: Using Comtrade data extrapolated by the Trade Map system, this article presents different indexes to provide a picture of the evolution of similarities, productive dependence, and comparative advantages between the exports and imports of European Union (EU) and Asian countries. The findings indicate that 67% of the 24 agri‐food products considered in the EU‐28 show a comparative advantage for Asian markets. Furthermore, the results obtained from the application of a multivariate analysis offer a new insight, demonstrating an increase over the last decade in interdependence, similarity, and integration, firstly between some Asian countries and secondly between some EU and Asian countries.

Date: 2021
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DOI: 10.1080/08853908.2020.1835587

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