Author(s)

BaoAn Xiong

Affiliation(s)

School of Business Administration, Baise University, Baise 533000, Guangxi, China.

Corresponding Author

BaoAn Xiong

ABSTRACT

This paper aims to analyze the complementarity of agricultural trade between China and Vietnam and explore its impact on bilateral economic cooperation. The study employs theories of comparative advantage, complementarity, and intra-industry trade, combining trade data and policy contexts to examine the complementarity and cooperation potential of agricultural products such as rice, coffee, and tropical fruits between the two countries. The results indicate that Vietnam holds significant comparative advantages in the production of tropical agricultural products, while China dominates in agricultural production materials and technology, establishing a strong complementary relationship in agricultural trade. Policy support, particularly the implementation of the Regional Comprehensive Economic Partnership (RCEP), has accelerated the growth of agricultural product trade between the two nations. The study concludes that the complementarity of China-Vietnam agricultural trade is significant but requires further optimization of supply chain management and enhancement of product value-added to address future competition and challenges.

KEYWORDS

China-Vietnam trade; Agricultural trade; Comparative advantage; Intra-industry trade; RCEP

CITE THIS PAPER

BaoAn Xiong. A study on the complementarity of agricultural trade between China and Vietnam. World Journal of Economics and Business Research. 2024, 2(1): 28-32. DOI: 10.61784/wjebr3010.

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