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Research Paper

Analysis on the Competitiveness and Complementarity of Tea Trade between China and RCEP Members

  • LI Zheng ,
  • LIU Ding ,
  • HUO Zenghui ,
  • CHEN Fuqiao
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  • 1. College of Economics and Management, China Jiliang University, Hangzhou 310018, China;
    2. Tea Research Institute, Chinese Academy of Agricultural Sciences, Hangzhou 310008, China

Received date: 2022-03-25

  Revised date: 2022-04-25

  Online published: 2022-10-28

Abstract

The signing of RCEP had facilitated intra-regional trade liberalization. It is of great practical significance to investigate the impact of RCEP on China's tea import and export trade. Based on the tea trade data of China and other RCEP members from 2011 to 2020, combining the analysis of the current situation of intra-regional import and export trade, this study calculated several indicators such as revealed comparative advantage index (RCA), export similarity index (ESI), trade complementarity index (TCI), trade intensity index (TI) and intra-industry trade index (GL) to measure the competitiveness and complementarity of bilateral tea trade. The results indicate that the tea export competitions between China, Vietnam and Indonesia were more prominent. China's tea export had long-term comparative advantages, and the comparative advantages of green tea export were obvious, while the comparative advantages of China's export of large packaged black tea lag behind Indonesia and Vietnam. China's tea export was highly similar to Japan, Thailand, Singapore and South Korea, and had strong competitiveness in export structure. In addition, the tea trade between China and New Zealand, Brunei, Australia was highly complementary. China's tea trade with Indonesia, New Zealand and Vietnam was mainly intra-industry trade in some years, while with Australia and Myanmar was mainly inter-industry trade. Finally, under the framework of RCEP agreement, strategies including expanding potential markets, dealing with technical barriers to trade and optimizing export structure were proposed.

Cite this article

LI Zheng , LIU Ding , HUO Zenghui , CHEN Fuqiao . Analysis on the Competitiveness and Complementarity of Tea Trade between China and RCEP Members[J]. Journal of Tea Science, 2022 , 42(5) : 740 -752 . DOI: 10.13305/j.cnki.jts.2022.05.010

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