Determination of the seafood export competitiveness: The comparative analysis of top ten countries having lion share from seafood export

Abstract

Purpose- The main aim of this paper is to examine the countries’ sectoral competitiveness on seafood export. By this study, it is tried to find out whether the countries having great share of seafood export also have got competitiveness in export or not. Methodology- Therefore, top ten countries that have the biggest share in the seafood export worldwide are chosen and the Standard International Trade Classification (SITC) Revision 3 product groups are used to analyse by Revealed Comparative Advantage (RCA) method. Findings- The findings of the analysis have surprisingly showed that Vietnam, Denmark and Chile which have lower-shares of global seafood export also have specialization and comparative advantage on seafood export while the USA with higher-share has competitiveness disadvantage with no specialization. Conclusion- The countries with high-export numbers have not as competitive as it was expected in the seafood trade.