Abstract

Purpose: This study examines the current status and trends of Korea’s trade competitiveness with environmental products in advanced countries. Research design, data, and methodology: Trade competitiveness in environmental products is analyzed for the EU, the United States, the United Kingdom, and Japan, over the past 20 years based on the OECD’s Core CLEG+ classification system. The MS, TSI, NRCA, IIT, and VIIT indexes were used for analysis of trade structure and competitiveness. Results: The MS index showed a general increase in the market share of all environmental products in all four countries during the analysis period, and the TSI index showed negative values for both the EU and the UK. On the other hand, the NRCA index showed comparative inferiority in the four countries for most items, and the IIT and VIIT indexes showed a modest increase in all four countries. Conclusions: It is necessary to establish clear standards for environmental products through WTO negotiations, to make an effort to ease non-tariff measures on environmental products, and to develop environmental technology using the technology transfer provisions of the FTA.

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