Submit Your Manuscript Online

Export Competitiveness of Tech products: A comparative Analysis of BRICS Countries

	International Journal of Scientific Research and Engineering Development (IJSRED)	Full Text:
	Published Issue : Volume-4 Issue-2
	Year of Publication : 2021
	Unique Identification Number : IJSRED-V4I2P5
	Authors : Abul Hassan P.S, Prof.Halima Sadia Rizvi
	: Click Here

Abstract :

As a critical factor to speed up the economic growth, value-added technology product are the adequate commodity variant in BRICS's export basket-like, Highly sophisticated defence equipment in Russia, pharmaceutical and software in India, GM crops, chemical, electronic, and electrical in Brazil, China, and South Africa. Looking at the main issues in technological collaboration between BRICS countries, this paper analyses the export competitiveness of Tech products of BRICS nations based on the SITC REV.3 UNCTAD product classification from 2000 to 2014. Revealed Comparative Advantage Index (RCA) is used to measure the comparative advantage in the trade of High-tech products between average world level and from one country to another and Trade Intensity Index (TII) to evaluate the Trade potentiality among BRICS countries for Tech products. The technologically oriented trade is being promoted mainly by China compared to other members, and the Chinese presence is overpowering the block. Hence, this is not sustainable in the long run. The possibility of Inter-government technological cooperation can avoid the situations of countries competing for similar Tech products in the same market with an absence of mutual collaboration.