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

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  • Rosa Maria Fanelli
  • Alessandro Giglio

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.

Suggested Citation

  • Rosa Maria Fanelli & Alessandro Giglio, 2021. "The ‘Similarity’ of Agri-Food Trade Flows between the EU-28 and the Asia-50," The International Trade Journal, Taylor & Francis Journals, vol. 35(6), pages 558-586, November.
    • Handle: RePEc:taf:uitjxx:v:35:y:2021:i:6:p:558-586
    DOI: 10.1080/08853908.2020.1835587
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