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

VALUE AND QUANTITY FOCUSED EXPORT PERFORMANCE OF SEAFOOD PRODUCTS IN GLOBAL MARKET: ANALYTICAL STUDY

Trade is the backbone for the development of total currency inflow of the country. The country selected for the seafood trade is mandatory in order to continue the smooth flow of trade in future. While trading the seafood to host countries, the Indian exporters are shrewd to consider the trade volume, relative strength of the currency, payment terms, and distance between the countries and so on. Based on the prosperity of country, the traded quantity of seafood between the countries is different. In order to analyse the trade quantity and value of seafood traded from India Growth Rate (GR) has been used. From the GR, it is found that traded quantity and value between countries getting fluctuated in every year. United States of America (USA) and European Union (EU) countries are imported low volume of quantity but value contribution is high in India export earnings through seafood export. But South East Asian countries are imported high volume of seafood products from India but currency inflow from the country is low. It is mainly for the reason of USA and EU countries are importing the higher value products from India and their quality acceptance limit, people purchasing power is also high, currency accepted in the trade is also leads to higher foreign exchange earnings. South East Asian countries quantity imported level is high, but value contribution is low, it is mainly for the reason of they focus on low value seafood product from India.

An Empirical Assessment of Seafood Export Performance and Competitiveness in Gujarat, India

Asian Journal of Agricultural Extension, Economics & Sociology

Gujarat with 11 maritime districts owns the longest coastline (1640 Km) and has the widest shelf area. The coastline of about 1640 km consists of 173 landing centers. The shelf area covers about 1, 64,000 sq.km, of which 64,800 sq.km falls in the depth range 0-60 m, which can be exploited by traditional as well as mechanized craft. Marine fish export stands Multibillion dollar industry where fisheries sector supporting 1 per cent in nation's GDP. The present study analyses the growth, performance, trends, competitiveness of marine fish and fish product from Gujarat and India during 2001-2014 using the parameters Viz., Exponential Growth Function, Export Competitiveness Index (XCI), Revealed Comparative Advantage (RCA), Revealed Trade Advantage (RTA). XCI expresses the changes in market share of different products for seafood export in Gujarat which was indicating improvement in XCI (>1) over the years, hence it founds competitive in the export of seafood from Gujarat. An Indian seafood export depicts XCI greater than one throughout the study period. RCA was estimated for the confining efficiency, performance and competitive ability for the Gujarat seafood export and India's seafood export. RCA value of India and Gujarat seafood export showed a fluctuating trend which may be due to the high dependency on wild capture rather than culture for

THE COMPETITIVENESS OF INDONESIAN SHRIMP EXPORT IN MALAYSIA AND SINGAPORE MARKETS

IAEME PUBLICATION, 2021

Shrimp is the main export commodity for Indonesian fishery products. Several shrimp industries have developed export destination markets to ASEAN countries such as Malaysia and Singapore because they are considered to have the same potential as the USA or Japan. The purpose of this study was to determine the position of Indonesia's competitiveness against export commodities of shrimp in the Malaysian and Singaporean markets in 2015-2019, as well as to improve strategies to strengthen the competitiveness of Indonesian shrimp in global markets, especially Malaysia and Singapore. The analysis technique used was the Revealed Comparative Advantage (RCA) index with time-series data for 2015-2019 and the Diamond Porter Model (DPM) method. There were 7 types of Indonesian shrimp that were exported to the Malaysian and Singaporean markets. Based on RCA calculations, 5 out of 7 types of Indonesian shrimp have good competitiveness, but it needs to be improved considering the very competitive competition. Based on DPM analysis, the Indonesian shrimp industry was still weak in terms of strategy, structure, and rivalry. Meanwhile, other factors were very strong, especially the condition factor, government and chances factor. Thus, it was hoped that the competitiveness of the Indonesian shrimp commodity would increase so that it would have a positive impact on the Indonesian economy and the society would be more prosperous.

Competitive Assessment Factors of Seafood Exporters in Vietnam

The EUrASEANs: journal on global socio-economic dynamics, 2018

This study aims at exploring the factors influencing the competitiveness of seafood export enterprises in Vietnam by surveying 356 people who are leaders and managers of seafood export enterprises in Vietnam. The results for the impact factor analysis with 11 measures proves that these factors should be displayed in the following order of importance: (1) Managerial and operational abilities; (2) Prices; (3) Human resources; (4) Marketing; (5) The power of brand, (6) Distribution channel, (7) Production technology, (8) Finance, (9) Investments in research and development, (10) Being creative, (11) Commercial disputes’ resolution. After the analysis the author proposes some recommendations to the management board of seafood export enterprises so that to improve their competitive position.

Competitiveness Analysis of Indonesian Fishery Products in ASEAN and Canadian Markets

Signifikan: Jurnal Ilmu Ekonomi, 2019

This study aimed to analyze the competitiveness of Indonesian fishery products in the ASEAN and Canada markets. The method used was Revealed Comparative Advantage (RCA), Export Product Dynamic (EPD), and X-Model product export potential. The research showed that Vietnam and Canada had a similar level of export structure to Indonesia in the ASEAN market so that Indonesia would have a high competition with both countries. Indonesian fishery products showed a high competitiveness in the export destination markets, except Philippines and Canada. The market position of Indonesian fishery products in Philippines, Thailand and Canadian markets was in the rising star and lost opportunity. These countries also showed as an optimist and potential market for Indonesian fishery products. The policy implication is that government and private sector need to prioritize the export of fishery products to Thailand, Philippines and Canada by improving the product competitiveness through quality improvement and production cost efficiency.

The export competitiveness of the tuna industry in Thailand

Purpose -Thailand dominates world exports of canned tuna with a market share of around 40 percent which is at least four times higher than any other exporter. The aim of this paper is to examine the export competitiveness of the canned tuna export industry in Thailand for 1996-2006. Design/methodology/approach -The paper uses a revealed comparative advantage (RCA) approach and calculates RCA indices for both major exporters in the world market and competitors in individual export markets. Findings -Thailand has comparative advantages in all major export markets; these have remained stable in the USA, the Middle East, Japan and Canada but have fallen substantially in Australia. Practical implications -First, Thailand urgently needs to consider tuna farming. Second, smaller processing and fishing companies should merge to increase profit margins and market share. Third, Thailand should engage in effective trade negotiations with importers. Fourth, stock management and conservation could be used to support the industry. It is unlikely that current levels of comparative advantage can be maintained because of import tariffs, rules of origin, labour shortages and increasing unskilled labour costs. Social implications -Tuna management and conservation in Thailand could be used to support the sustainability of the industry. Originality/value -By contrast to Kijboonchoo and Kalayanakupt who find that Thailand's market share declined between 1987-1998 and revealed comparative advantage fell, these results show that this declining trend has since been arrested.

The competitiveness of Indonesia’s frozen shrimp exports in international market

IOP conference series, 2022

Shrimp is the first Indonesia's leading fishery export commodity, above tuna, squid, crab, and seaweed. The categories of shrimp that are exported are frozen shrimp, fresh shrimp, and processed shrimp, where the largest quantity for the shrimp export category is frozen shrimp. However, Indonesia's export value growth for frozen shrimp is still lower than its competitors. This study aims to analyze the level of competitiveness of frozen shrimp exports in Indonesia among competing countries in international market. The data used was secondary data obtained from related agencies. The analytical method used to analyze competitiveness is Revealed Comparative Advantage (RCA). This method was used to analyze changes in the level of competition for 1 years, namely 2007-2021. The results showed that in international market on 2007-2021, Indonesia's frozen shrimp exports has a strong competitiveness. Indonesian frozen shrimp the competitiveness had a trend that tends to decline within 11 years. Based on the analysis results using RCA method, Indonesian frozen shrimp competitiveness on the 2007-2021 period was seen to decrease until 2012 and began to increase in 2013, while other competing countries, namely Argentina, Ecuador and India, showed an increase in competitiveness. Meanwhile, several other competing countries such as Bangladesh, Belgium, Denmark, Mexico, Thailand, and Vietnam experienced a decline in competitiveness as well as the value of RCA decreased.

Analysis of Comparative Advantages and Export Determinants of Indonesian Tuna Fish

International Journal of Academic Research in Business and Social Sciences, 2020

Indonesia is a maritime country that has a considerable fisheries potency and has become one of the largest tuna exporters in the world. This study aims to determine the competitiveness and analyze the determinants of Indonesian tuna export to importing countries (Japan, United States, and Thailand) in 2001-2016. Relative Revealed Comparative Trade Advantage (RTA) index was used to measure competitiveness. Gravity model and panel regression were used as the basis for selecting the variables and analysis of its determinants. The results of the RTA index indicate that Indonesia has a great comparative advantage or positive index value in all three main markets of Indonesian tuna products. The Panel data regression results show that real GDP of the importing country, Indonesian real GDP, real exchange rate, and RTA index have a positive and significant effect on the export of tuna fish, whereas distance variable performs negative effect.

Assessment of Competitiveness for Vietnam’s Frozen Yellowfin Tuna Export Industry

International Journal Of Scientific Advances

The competitiveness of the export industry is a matter of top concern by businesses, industries, governments of countries as well as researchers. Especially in the context that the growing economy expands international cooperation. As a result of this, the level of competition between economic sectors of countries around the world becomes more intense and fierce. Up to now, there are quite a lot of different views on competitiveness. And many different tools are proposed to assess the competitiveness of a country’s export industry. However, there is still no unified theoretical framework for a comprehensive approach to this issue. Vietnam is a country rich in aquatic resources. According to data published by the Food and Agriculture Organization of the World (FAO), in the period 2015 – 2018, Vietnam is one of the 10 countries with the largest saltwater extraction in the world and also one of the 10 countries that are largest seafood exporter in the world with 5% market share (in 201...

Market shares, instability and revealed comparative advantage of seafood exports from India

Indian Journal of Fisheries, 2014

The present study analysed the export competitiveness of Indian shrimp. The index of instability for the overall seafood exports from India was 0.17 for the period 1991-2010. Shrimp is the major seafood export item of India with a growth rate of 2.89% and 10.47% in terms of quantity and value of exports respectively, during 1991-2011. Share of Indian shrimp in the world market declined slightly from 7.01% in 1990-1992 to 6.25% in 2008-2010 while the shares of China, Vietnam, Thailand and Indonesia increased owning to value addition and re-export of processed shrimp from these countries. Unit value realisation for Indian shrimp was US $ 5.69 per kg in 2009. All the major exporting countries experienced a decline in the unit value realisation due to changing supply- demand pattern and global slowdown. Export competitiveness index for Indian shrimp remained at 1.00 following a decline in the past few years. Revealed competitiveness index for Indian shrimp was 1.65 in the year 2009 indi...