Towards greater integration: Prospects for the development of agri-food trade between the EU and RCEP countries.
The Regional Comprehensive Economic Partnership (RCEP) is the largest free trade agreement in the world, making it a potentially attractive trading partner for the European Union (EU). This paper aims to fill a research gap by examining agri-food trade between the EU and RCEP, with a focus on uncove...
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| Format: | Article |
| Language: | English |
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Public Library of Science (PLoS)
2025-01-01
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| Series: | PLoS ONE |
| Online Access: | https://doi.org/10.1371/journal.pone.0328866 |
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| author | Joanna Łukasiewicz Bartłomiej Bajan Karolina Pawlak |
| author_facet | Joanna Łukasiewicz Bartłomiej Bajan Karolina Pawlak |
| author_sort | Joanna Łukasiewicz |
| collection | DOAJ |
| description | The Regional Comprehensive Economic Partnership (RCEP) is the largest free trade agreement in the world, making it a potentially attractive trading partner for the European Union (EU). This paper aims to fill a research gap by examining agri-food trade between the EU and RCEP, with a focus on uncovering opportunities for sectoral cooperation and identifying competitive dynamics. It employs trade structure similarity and intra-industry trade analysis, including horizontal and vertical trade flows. Using the Export Similarity Index (ESI) and Product Similarity Index (PSI), the findings indicate stable, moderate competition in agri-food trade between the EU and RCEP, with similarity indices ranging from 0.32 to 0.35. While intra-industry trade remains limited due to geographic distance, there is notable potential for expanding high-quality EU agri-food exports. The results suggest that targeted trade policies could enhance cooperation by leveraging the EU's export strengths to meet RCEP demand. The study provides a strategic framework for future negotiations, emphasizing sectoral approaches to optimize trade outcomes and maximize trade benefits between the EU and RCEP countries. |
| format | Article |
| id | doaj-art-a765f0323efa485896dd1b160cc5e7ec |
| institution | DOAJ |
| issn | 1932-6203 |
| language | English |
| publishDate | 2025-01-01 |
| publisher | Public Library of Science (PLoS) |
| record_format | Article |
| series | PLoS ONE |
| spelling | doaj-art-a765f0323efa485896dd1b160cc5e7ec2025-08-20T03:13:39ZengPublic Library of Science (PLoS)PLoS ONE1932-62032025-01-01207e032886610.1371/journal.pone.0328866Towards greater integration: Prospects for the development of agri-food trade between the EU and RCEP countries.Joanna ŁukasiewiczBartłomiej BajanKarolina PawlakThe Regional Comprehensive Economic Partnership (RCEP) is the largest free trade agreement in the world, making it a potentially attractive trading partner for the European Union (EU). This paper aims to fill a research gap by examining agri-food trade between the EU and RCEP, with a focus on uncovering opportunities for sectoral cooperation and identifying competitive dynamics. It employs trade structure similarity and intra-industry trade analysis, including horizontal and vertical trade flows. Using the Export Similarity Index (ESI) and Product Similarity Index (PSI), the findings indicate stable, moderate competition in agri-food trade between the EU and RCEP, with similarity indices ranging from 0.32 to 0.35. While intra-industry trade remains limited due to geographic distance, there is notable potential for expanding high-quality EU agri-food exports. The results suggest that targeted trade policies could enhance cooperation by leveraging the EU's export strengths to meet RCEP demand. The study provides a strategic framework for future negotiations, emphasizing sectoral approaches to optimize trade outcomes and maximize trade benefits between the EU and RCEP countries.https://doi.org/10.1371/journal.pone.0328866 |
| spellingShingle | Joanna Łukasiewicz Bartłomiej Bajan Karolina Pawlak Towards greater integration: Prospects for the development of agri-food trade between the EU and RCEP countries. PLoS ONE |
| title | Towards greater integration: Prospects for the development of agri-food trade between the EU and RCEP countries. |
| title_full | Towards greater integration: Prospects for the development of agri-food trade between the EU and RCEP countries. |
| title_fullStr | Towards greater integration: Prospects for the development of agri-food trade between the EU and RCEP countries. |
| title_full_unstemmed | Towards greater integration: Prospects for the development of agri-food trade between the EU and RCEP countries. |
| title_short | Towards greater integration: Prospects for the development of agri-food trade between the EU and RCEP countries. |
| title_sort | towards greater integration prospects for the development of agri food trade between the eu and rcep countries |
| url | https://doi.org/10.1371/journal.pone.0328866 |
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