Research On The Competitiveness And Complementarity Of Agricultural Products Trade Between China And Viet Nam

China and Vietnam are connected with mountains and rivers,has a long history,since 1991,after the resumption of normalization of bilateral relations,the two countries have maintained friendly relations over the years.Bilateral trade has developed rapidly and has achieved considerable success.According to the National Bureau of Statistics of Vietnam,China became the third largest exporter and the largest importer of Vietnam in 2003;China surpassed Japan in 2004 to become the largest trading partner of Vietnam and remains in that position.In recent years,China has become an important agricultural export market in Vietnam,from 2010 to 2014,Vietnam’s agricultural exports to China’s average annual growth of 36%,and accounted for 34%of total exports of agricultural products in Vietnam.Vietnam’s main agricultural exports to China include:fruits and vegetables,coffee,rice,rubber,cassava and cassava products.Only in the year of 2012,these agricultural exports reached 4.4 billion US dollars that showed an increase of about 18%.This study based on the information available in existing literature had summarized the certain solution regarding the agricultural product trade competitiveness that may put forward agricultural products in smooth trade process.The compelmentory solutions and discussions are helpful for policy makers to examine key factors for further specific counter-measures and to resolve the macro Angle problems which can promote the healthy development of agricultural trade between two countries.The findings of study mainly concentrated on the agricultural product trade competitive and complementary issues i.e.the introduction of export similarity index and revealed comparative advantage index to analyze the trade of agricultural products in the third country or in the world market competition level.Further it had analyzed the specific situation and features of agricultural trade complementarity between the two countries.Through analysis and research of this study,it was observed that agricultural trade was complementary than competitive,although exports of agricultural products was relatively similar,but the competitive advantage of different kinds of agricultural products.The agricultural trade relationship closely on the other hand,were highly complementary to each other and the development of both sides after agricultural trade has great significance.Finally this study,in view of the problems existing in the agricultural trade between parties,at the same time,combining with the characteristics of competition and complementarity of bilateral trade and puts forward some measures to improve agricultural trade and the countermeasure to improve the complementarity and reduce the competitive.(1)The two countries are similar in the structure of export products.Meat and fish aquatic animal products,fish aquatic animal products,vegetable and fruit products,vegetable,grain etc.(2)The revealed comparative advantage index(RCA),the results show that in recent years China agricultural products comparative advantage index and drastic changes,but small variations in Vietnam’s agricultural products comparative advantage index.The results of the trade competitive advantage index(TC)show that China is in the process of agricultural trade,in fish,other aquatic invertebrates,and the nuts and fruits;Living trees and other living plants,roots and tubers and edible vegetables have always had a strong advantage.Vietnam has a strong advantage in vegetables,fruits and grains.(3)A similar index of agricultural trade in China and Vietnam shows a declining trend.This is because the agricultural products are similar,so the two countries more competitive,but if the security,the difference of the export market,then can avoid face to face with the conflict and face the competition.(4)Based on the analysis of G-L index,we can find that the level of B value between 0.4 to 0.6,neither approach 1,there is no approach zero,shows that exist between the two countries intra-industry and inter-industry trade.(5)The two countries TII index shows a tendency of higher on the whole,China for Vietnam TII index is 20.8,while Vietnam TII index has reached 49.6 for China,the greater the difference the TII index of the two countries,suggests that has a broad space for cooperation between the two countries,in general,the two countries in agricultural products more closely on cooperation.