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The competitiveness of China's seaweed products in the international market from 2002 to 2017

Aquaculture and Fisheries, ISSN: 2468-550X, Vol: 8, Issue: 5, Page: 579-586
2023
  • 12
    Citations
  • 0
    Usage
  • 91
    Captures
  • 2
    Mentions
  • 0
    Social Media
Metric Options:   Counts1 Year3 Year

Metrics Details

  • Citations
    12
    • Citation Indexes
      11
    • Policy Citations
      1
      • Policy Citation
        1
  • Captures
    91
  • Mentions
    2
    • News Mentions
      2
      • News
        2

Most Recent News

Studies from Shanghai Ocean University Reveal New Findings on Aquaculture (The competitiveness of China's seaweed products in the international market from 2002 to 2017)

2023 SEP 11 (NewsRx) -- By a News Reporter-Staff News Editor at Agriculture Daily -- Investigators publish new report on aquaculture. According to news reporting

Article Description

China is the most productive seaweed farming country in the world and her seaweed imports and exports have a significant impact on global seaweed trade commodities and food security. Nevertheless, few studies had delved into the main characteristics and development of China's seaweed farming industry. This paper aims to narrow this research gap by analyzing trade patterns in China's seaweed products and the international competitiveness of seaweed product by using the international market share index (IMS), the trade competitiveness index (TC), and revealed comparative advantage index (RCA) from 2002 to 2017. The results showed that Japan, the Association of Southeast Asian Nations (ASEAN), Chile, Peru, and the Republic of Korea are China's main trade partners, the total trade value of China's seaweed products has grown rapidly, its imports have gradually exceeded exports, the trade deficit continues to expand, and its competitiveness keeps decreasing. The reasons for this trend may include the changing seaweed trade commodity structure, product differentiation, increased government support in competing countries, and trade barriers among the trade partners. We propose actively expanding international trade markets, establishing a strong seaweed product processing industry to develop high value-added seaweed products, optimizing the trade commodity structure, and differentiating of seaweed products to improve the competitiveness of China's seaweed products.

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