China-ASEAN Natural Rubber Industry Cooperation Research

Abstract

Focusing on the natural rubber industry, this paper collects relevant data from 2007 to 2021 and calculates the Indicative Comparative Advantage Index (RCA) and Trade Complementarity Index (TC) to conduct a competitive analysis and complementarity analysis of China-ASEAN. The calculation results show that in the natural rubber industry, China and Singapore have relative disadvantages, and ASEAN countries led by Thailand and India Nisi have comparative advantages, so there is a certain inevitability of China-ASEAN cooperation in the natural rubber industry. Coinciding with the official entry into force of RCEP at the beginning of this year, it is believed that it will provide many opportunities for China-ASEAN to further deepen industrial cooperation.