Study on the Impact of FTA Agreement on Iceland-China Aquatic Products Trade Competitiveness: Data Validation from 2014 to 2018

摘要

This paper uses FTA terms of trade as a control variable to analyze the trade situation of Icelandic aquatic products exported to China after the entry into force of the China-Africa FTA Agreement. Compared with Norway, a reference country that has not signed the FTA agreement, it has adopted the dominant comparative advantage index and intra-industry trade. The calculation of the index reveals whether the target country and China have the impact of FTA terms of trade on their trade status. Comparative studies show that the trade of China-Aquatic aquatic products tends to be complementary rather than competitive. After the signing of the China-Africa FTA, the competitiveness of Icelandic aquatic products trade is gradually increasing. The share of Norwegian exports of aquatic products to China by non-FTA partners will gradually shift to Iceland. This confirms the enormous facilitation of the free trade agreement on both parties.