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A Competitiveness Analysis on the Korean Precision Instrument Parts in the Chinese Market (한국 정밀기기부품의 중국시장 경쟁력 분석)

  • Choi, Hyuk-Jun
    • International Commerce and Information Review
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    • v.16 no.4
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    • pp.457-475
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    • 2014
  • The purpose of this study was to analyze market competitiveness of Korean precision instrument parts in the chinese market. Korea-China trade has made rapid progress since establish diplomatic relations in 1992 and China become biggest trading partner of Korea in the present. For attaining the purpose of study, we collected related statistical data and used market comparative advantage index. From this analysis, following results were found. There are no items have competitiveness in the chinese market until the present time. However, item code 26041, 26034, 26022 are bound to be secure competitiveness in the chinese market in the near future and item code 26022 will emerge especially strategic item in the chinese market.

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