Complementarity of China-Africa Agricultural Products Trade: Trends and Challenges

Yang Jun , Yang Wenqian , Li Ming , and Wang Xiaobing
Center for Chinese Agricultural Policy (CCAP), Institute of Geographical Sciences and Natural Resources Research (IGSNRR),
Chinese Academy of Sciences (CAS), Beijing, China

 
Abstract: The Chinese Government attaches great importance to China-Africa agricultural cooperation and trade, and has adopted a series of measures to promote bilateral trade in agricultural products. This paper analyzes the trends and characteristics of China-Africa trade in agricultural products by using trade statistics, the Revealed Comparative Advantage (RCA) index and the Trade Compensation Index (TCI). Our findings suggest that the bilateral trade in agricultural products is adjusting to reflect the bilateral comparative advantage. However, China-Africa trade also faces enormous challenges, which reveals itself in a low level of complementarity. Meanwhile, the trade complementarity has failed to improve despite rapid growth of the bilateral trade in agricultural products. Based on the findings, the authors propose the need to further strengthen China-Africa cooperation and information sharing in agriculture to take full advantage of market opportunities and resource advantages.
Key words: trade structure, comparative advantage, complementarity, China-Africa agricultural trade

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