Izvorni znanstveni članak
https://doi.org/10.1080/1331677X.2023.2179510
Identification of export potential in foreign trade: case of Slovakia in Kazakhstan
Elena Kašt’áková Elena Kašt’áková
Anabela Luptáková
Sažetak
For small open economies such as Slovakia, foreign demand is a significant
factor in economic growth. Since Slovakia acceded to the
European Union, its exports have focused primarily on the EU internal
market. Therefore, one of its goals is to diversify the territorial structure
of foreign trade. Kazakhstan is the economic engine of Central
Asia, which has made significant efforts in recent years to transform
its economy. The aim of the case study of the Slovak Republic is to
examine its export opportunities to Kazakhstan using selected onefactor
indicators of competitiveness based on their mutual foreign
trade. The imbalance in Slovakia-Kazakhstan’s foreign trade suggests
sizable reserves. The work evaluates their foreign trade relations
through indices of trade intensity, complementarity, and intra-industry
trade. It identifies the export potential of Slovakia based on the
concept of revealed comparative advantages and import significance
of Kazakhstan in the examined period. In 2020, The export potential
was used only at 2%, the export gap was 95,928mil. EUR and concerned
56 commodities at the level of HS 4 aggregation. Considering
the geographical distance and costs, Slovakia should focus on the
export of goods with higher added value.
Ključne riječi
Export potential; foreign trade; Kazakhstan; revealed comparative advantages; Slovakia; trade complementarity index
Hrčak ID:
306503
URI
Datum izdavanja:
31.3.2023.
Posjeta: 219 *