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Competitiveness of Malaysian Fisheries Exports: A Constant Market Share Analysis

Author

Listed:
  • 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)

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.

Suggested Citation

  • Bee Hui Soh & Ghee-Thean Lim & Soo Y. Chua, 2021. "Competitiveness of Malaysian Fisheries Exports: A Constant Market Share Analysis," Malaysian Journal of Economic Studies, Faculty of Business and Economics, University of Malaya & Malaysian Economic Association, vol. 58(2), pages 175-198, December.
  • Handle: RePEc:mjr:journl:v:58:y:2021:i:2:p:175-198
    DOI: 10.22452/MJES.vol58no2.1
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    Cited by:

    1. Andiga Dompak Baharaja Tarihoran & Musa Hubeis & Siti Jahroh & Nimmi Zulbainarni, 2023. "Competitiveness of and Barriers to Indonesia’s Exports of Ornamental Fish," Sustainability, MDPI, vol. 15(11), pages 1-26, May.

    More about this item

    Keywords

    Competitiveness Index; constant market share; export; fisheries; Malaysia;
    All these keywords.

    JEL classification:

    • B27 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - International Trade and Finance
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade
    • Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery

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