Global Research Journal of Management and Social Sciences (GRJMSS)

IS MALAYSIAN FISH EXPORT COMPETITIVE COMPARED WITH THAT OF OTHER ASEAN COUNTRIES?

Authors

  • Bee Hui Soh, Lim Ghee-Thean and Soo Y. Chua School of Social Sciences, Universiti Sains Malaysia, 11800 Pulau Pinang, Malaysia.

Abstract

The persistent fish trade deficit of Malaysia may reflect the losing competitiveness of the sector. This study applies Revealed Comparative Advantage (RCA), Relative Trade Advantage (RTA), Revealed Competitiveness (RC) and Constant Market Share Competitiveness (CMSC) indices to assess the Malaysian fish export competitiveness against its five prominent ASEAN destinations (i.e., Singapore, Vietnam, Thailand, Indonesia, and Brunei) in 2009-2018. The study contributes to the literature by extending the scope of previous studies on the fishery sector competitiveness with a more advanced CMSC index that can identify potential markets for Malaysia, at the same time overcome the index number inconsistency problem under the traditional constant market share approach. Results reveal that Malaysia loses competitiveness in exporting fish. Also, from the result of CMSC analysis, Malaysia shows the least competitive fish export in Singapore but the most competitive in Thailand among the fish export destinations. Malaysia should venture more into downstream processing to add value to its fishery products and thus improve export. It is recommended that Malaysia concentrates more on Thailand, Vietnam, Indonesia, and Brunei markets where Malaysia enjoys a positive competitive effect besides further exploring other international markets for revitalizing Malaysian fish export. 

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Published

2023-03-09

How to Cite

Bee , H. S. L. G.-T. and S. Y. C. (2023). IS MALAYSIAN FISH EXPORT COMPETITIVE COMPARED WITH THAT OF OTHER ASEAN COUNTRIES?. Global Research Journal of Management and Social Sciences (GRJMSS), 1(1), 67–84. Retrieved from https://zapjournals.com/Journals/index.php/grjmss/article/view/142