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The Analysis Of Regional Bilateral Trade Between Pakistan And Central Asian Republics

Author

Listed:
  • Saleem KHAN*
  • Sher ALI**
  • Saima UROOGE**

Abstract

This research examines the intensity, magnitude and direction of trade bilaterally between Pakistan and Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan (the CARs) in1995-2017. The analysis uses indices of export-import intensity and trade complementarity. The results of study show that Pakistan is a valuable trading partner to the region and on average experience greater export intensity rather than import intensity, depicting the fact that Pakistan has enjoyed intensity in overall trade and was relatively more specialized rather than CARs during the period of this analysis. Pakistan mainly exported cereals, oil and pharmaceutical products while imported cotton, iron and steel etc. The greater value of complementarity index indicates that Pakistan has exported most of these products to the countries which have high demand. The findings of intense trade relation between Pakistan and CARs suggest that Pakistan has an opportunity to exploit its resources, diversify exports and increase its trade relations with the region by signing free trade agreements.

Suggested Citation

  • Saleem KHAN* & Sher ALI** & Saima UROOGE**, 2019. "The Analysis Of Regional Bilateral Trade Between Pakistan And Central Asian Republics," Pakistan Journal of Applied Economics, Applied Economics Research Centre, vol. 29(1), pages 93-106.
    • Handle: RePEc:pje:journl:article29sumv
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    References listed on IDEAS

    as
    1. Kojima, Kiyoshi, 1964. "The Pattern of International Trade Among Advanced Countries," Hitotsubashi Journal of Economics, Hitotsubashi University, vol. 5(1), pages 16-36, June.
    2. Kathleen Collins, 2009. "Economic and Security Regionalism among Patrimonial Authoritarian Regimes: The Case of Central Asia," Europe-Asia Studies, Taylor & Francis Journals, vol. 61(2), pages 249-281.
    3. Richard Pomfret, 1997. "The economic cooperation organization: Current status and future prospects," Europe-Asia Studies, Taylor & Francis Journals, vol. 49(4), pages 657-667.
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    Cited by:

    1. Ibrahim Niftiyev, 2024. "Analyzing Bilateral Trade Dynamics between Azerbaijan and Pakistan: A Robust Least Squares Regression Approach," Journal of Economic Analysis, Anser Press, vol. 3(4), pages 250-275, December.

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