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Expected Impact of EU-Vietnam Free Trade Agreement on Bulgaria’s Exports

Author

Listed:
  • Dimitar Hadjinikolov

    (University of National and World Economy, Sofia, Bulgaria)

  • Paskal Zhelev

    (University of National and World Economy, Sofia, Bulgaria)

Abstract

In December 2015 the European Union reached an agreement on a free trade deal with Vietnam (EVFTA) that will contribute to further market access by eliminating nearly all tariffs on goods traded between the two economies. This paper aims to analyze the impact of EVFTA on Bulgaria’s exports to Vietnam. To this end, we calculate relevant trade indicators and employ a partial equilibrium model by using the Software on Market Analysis and Restrictions on Trade. The results show that EVFTA will provide opportunities for increase of Bulgaria’s exports to Vietnam with the highest positive impact on the products from the food, chemical and textile industries.

Suggested Citation

  • Dimitar Hadjinikolov & Paskal Zhelev, 2018. "Expected Impact of EU-Vietnam Free Trade Agreement on Bulgaria’s Exports," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 4, pages 467-479, December.
    • Handle: RePEc:nwe:eajour:y:2018:i:4:p:467-479
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    Cited by:

    1. Dawid Jabkowski, 2024. "Development Prospects for EU Trade in Agri-food Products with Japan and Vietnam," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 288-302.

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    Keywords

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    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F15 - International Economics - - Trade - - - Economic Integration
    • F17 - International Economics - - Trade - - - Trade Forecasting and Simulation
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East

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