Preliminary communication

International Trade of Croatian Chemical Industry Summary

Goran Buturac

Abstract

In this paper Croatian chemical industry in international trade is analyzed by applying k-means cluster
method. The work is oriented toward the role and contribution of individual product groups in total trade
patterns of chemical industry. The RCA indicator, GL index, RUV indicator and the share of individual
chemical products in the total export of chemical industry are used as variables. The products at the fourdigit
level of the SITC are used as objects. The cluster of chemical products in which Croatia has comparative
advantages contributes significantly in export structure. At the same time this cluster consists of a few
product types thus indicating strong export concentration of Croatian chemical industry. Regarding of the
value of RUV indicator, Croatian chemical industry benefits most in the international trade with antibiotics
and medicines that contain antibiotics. Beside fertilizers, these two products have the greatest share in
the export structure. The great majority of the chemical products have the low level of intra-industry trade
specialization.

Keywords

international trade; Croatian chemical industry; k-means cluster method

Hrčak ID:

42865

URI

https://hrcak.srce.hr/42865

Publication date:

10.7.2009.

Article data in other languages: croatian

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