A Study on the Complementarity of Merchandise Trade between China and CEEC

Abstract

This paper uses trade combination degree and trade complementarity index to analyze the trade relation between China and 16 Central and Eastern European countries in the period of 2008 to 2017.The analysis proves that during this time the goods trade between China and these countries had low reliance degree . But the trade showed strong complementarity in some industries. Textiles, Footwear and Headgear and Raw Hides, Skins, Leather and & Furs are the highest complementary industries. The capital and technology industries, Machinery and Electrical, Base Metals and Plastics and Rubbers, are also highly complementary and on the rise. Keywords—central and eastern european countries; merchandise trade; trade complementarity