Revealed comparative advantage and competitiveness of Libya’s agricultural-based food products

Date

2023-11

Type

Article

Journal title

(Electronic Interdisciplinary Miscellaneous Journal (EIMJ

Issue

Vol. 0 No. 65

Author(s)

ZINEB ABDULAKER M BENALYWA

Abstract

This study aims to evaluate Libya’s agricultural-based food products trade performance and its competitiveness using Vollrath’s indices. Indices of twenty product groups were computed for the period 2009 to 2017. Generally, Libya has a relative trade disadvantage. However, HS03 & HS05 (Fish, crustaceans, molluscs, aquatic invertebrate’s nes and Products of animal origin” showed an increasing trend in revealed comparative advantage(RXA) and relative trade advantage ( RTA). Moreover, Libya has a relative import dependency on thirteen product groups. The results reflect Libya’s weak position in agro-food exports. Therefore, products with improving competitiveness should be stimulated while products with clear disadvantages, and specific policies should be applied to reduce to the maximum possible extent of the disadvantages.

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