Abstract
Our research unveils how China’s food-related imports from 1992 to 2020 changed in composition by decreasing the imports of some commodities in favor of others. Their origins suggest that some countries are being substituted as commercial partners for specific commodities. We empirically identified outliers by setting interquartile limits at the commodity level and by origin. Unit-root and normality tests were applied. Finally, Spearman or Pearson correlation coefficients were computed where appropriate. Results indicate that imports are stabilizing during the studied period. China increased its imports of Sugar and cereals to the detriment of edible preparations, live animals, trees, and oilseeds. Some Asian countries are capturing part of the market once dominated by North America or Europe. Finally, lower dependence on partners was found for meat, gums, cocoa, and edible preparations. This methodology might help those analyzing the effects of trade agreements, country specialization, and strategic decisions.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.