E3S Web of Conferences (Jan 2021)

Interest trade in agriculture sector between Vietnam and some WTO member countries

  • Nam Vong Thinh,
  • Huong Le Thi Mai

DOI
https://doi.org/10.1051/e3sconf/202124403008
Journal volume & issue
Vol. 244
p. 03008

Abstract

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Based on secondary data from Uncomtrade, the article uses a gravity model to assess intra-industry trade of agricultural products between Vietnam and some WTO member countries. Research results show that in the period 2009-2018 Intra-agricultural trade between Vietnam and WTO member countries tends to increase over time as shown by the infra-agricultural trade index of agricultural products IIT. Productivity between Vietnam and China, Indonesia, Japan, Singapore, and Thailand were higher than other countries and relatively stable in the period 2009-2018. In addition, the results of quantitative analysis model show economic scale factors, per capita income, geographical distance, extent of economic openness, population size, and agricultural land area have a positive impact on intra-agricultural trade of Vietnam and some WTO member countries.