AN EXAMINATION OF RECENT TRENDS, COMPOSITION AND TRADE INTENSITY OF NIGERIA-BRAZIL BILATERAL RELATIONS

International Journal of Advanced Economics

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Field Value
 
Title AN EXAMINATION OF RECENT TRENDS, COMPOSITION AND TRADE INTENSITY OF NIGERIA-BRAZIL BILATERAL RELATIONS
 
Creator Ibrahim, Kabiru Hannafi
 
Subject Trade
bilateral relations
trade intensity index
Nigeria
and Brazil.
 
Description This paper examines the trends, composition and trade intensity of Nigeria-Brazil bilateral trade relations for the period 2000-2017. Tables, graphs, and trade intensity index were employed. The results indicate that Nigeria's trade with Brazil has significantly recorded impressive growth. However, the share of major products exported to Brazil over the period remained insignificant with the exception of mineral fuels. The results further show that the share of major products imported from Brazil is significant, indicating that Brazilian exports to Nigeria are more diversified than that of Nigeria's export to Brazil. The trade intensity index indicates high trade intensities between the countries and the high possibility of increasing bilateral trade flow. Based on these findings, the study recommends the need for Nigeria’s export to be restructured in order to reduce the prevailing role of mineral fuels to Nigeria's exports through diversification and identification of new export opportunities in Brazilian markets.
 
Publisher International Journal of Advanced Economics
 
Date 2020-06-22
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
Quantitative research
 
Format application/pdf
 
Identifier http://fepbl.com/index.php/ijae/article/view/28
 
Source International Journal of Advanced Economics; Vol. 1 No. 1 (2019); 31-43
2707-2142
2707-2134
 
Language eng
 
Relation http://fepbl.com/index.php/ijae/article/view/28/256
 
Rights Copyright (c) 2019 Kabiru Hannafi Ibrahim
https://creativecommons.org/licenses/by-nc/4.0
 

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