Abstract
The purpose of the study was to analyze Thai cassava export to the Chinese market including; the potential of Thai cassava exports, market share of Thai cassava, the competitiveness of Thai cassava trade to the Chinese market compared with the main competitor namely Vietnam, Cambodia, Lao, Indonesia. The paper was analyzed by the method of Revealed Comparative Advantage (RCA), Market Share (MS), and Trade Competitiveness (TC). The data were collected from a website of the United Nations Commodity Trade Statistic Database under a rubric of Harmonized System Code (HS): 71410. The results indicated that Thailand had competitiveness in exporting cassava to the Chinese market. It was presented from the RCA index that the exporting from Thailand was higher than 1 in every period of the study and the highest RCA index between 2010 and 2020. It is similar to Vietnam, there was a comparative advantage of cassava export to the Chinese market. Vietnam’s exporting had a competitive advantage but its number of RCA was smaller than Thailand’s every year. Moreover, the trend of Thai cassava was continually increasing. In contrast, the trend of Vietnamese cassava export to the Chinese market was decreased. In terms of the market share results, Thailand’s exporting had more potential to cover the Chinese market than Vietnam’s in every period of the study (Thailand 31.8046, Vietnam 18.4350). Moreover, the report was presented in 2012 that Thai cassava growth was opposite to Vietnamese cassava. It means while Thai cassava was more increased in the Chinese market, Vietnamese cassava was decreased at the same time. While other countries: Cambodia, Laos, Indonesia had MS Index less than 16.00. The trade competitiveness (TC), in five countries, is the country that tends to be an exporting country for cassava product and the range of 0.80 to 1.00, at this stage, can already be called an outstanding competitive advantage, except Indonesia is in the range of 0.00 to 0.50; at this stage an Indonesia has no significant competitive advantage. Cassava is a significant export agriculture product of Thailand in the Chinese market as presented in an analysis. Thailand has the highest competitiveness and market share (MS) in the exportation of cassava between 2010 and 2020.
Highlights
Thailand is located in South-Eastern Asia, bordering the Andaman Sea and the Gulf of Thailand
The results indicated that Thailand had competitiveness in exporting cassava to the Chinese market
Other countries; Thailand, Vietnam, Cambodia, Lao have a comparative advantage with an average Revealed Comparative Advantage (RCA) value above 1
Summary
Thailand is located in South-Eastern Asia, bordering the Andaman Sea and the Gulf of Thailand. The economy of Thailand is dependent on exports, which accounted in 2019 for about 60 percent of the country’s gross domestic product (GDP). Thailand is a newly industrialized country, with a GDP of 16.316 trillion baht (505 billion USD) in 2018, the 8th largest economy of Asia, according to the World Bank. The industrial and service sectors are the main sectors in the Thai gross domestic product, with the former accounting for 39.2 percent of GDP. Thailand’s agricultural sector produces 8.4 percent of GDP—lower than the trade and logistics and communication sectors, which account for 13.4 percent and 9.8 percent of GDP, respectively. Other service sectors (including the financial, education, hotel, and restaurant sectors) account for 24.9 percent of the country’s GDP. The major export products of Thailand are industrial products and agricultural products. Someone called Thailand the “Kitchen of the World” (Office of Agricultural Economics by the Cooperation of the Customs Department, 2020)
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