The recent trade relations between Mexico and South Korea: analysis of the comparative advantages revealed
The figures for Mexican foreign trade reveal a pronounced dependence on the United States, a situation that is further exacerbated by the possibility of a unilateral increase in tariffs. This invites the exploration of partners with ample potential, such as the Republic of Korea (South Korea), both...
| Autores: | , , |
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| Tipo de documento: | artigo |
| Estado: | Versão publicada |
| Data de publicação: | 2025 |
| País: | México |
| Recursos: | UNIVERSIDAD DE GUADALAJARA |
| Repositório: | México y la Cuenca del Pacífico |
| Idioma: | espanhol |
| OAI Identifier: | oai:mexicoylacuencadelpacifico.cucsh.udg.mx:article/959 |
| Acesso em linha: | https://www.mexicoylacuencadelpacifico.cucsh.udg.mx/index.php/mc/article/view/959 |
| Access Level: | Acceso aberto |
| Palavra-chave: | Foreign trade exports revealed comparative advantages competitiveness cooperation Comercio exterior exportaciones competitividad ventajas comparativas reveladas cooperación |
| Resumo: | The figures for Mexican foreign trade reveal a pronounced dependence on the United States, a situation that is further exacerbated by the possibility of a unilateral increase in tariffs. This invites the exploration of partners with ample potential, such as the Republic of Korea (South Korea), both to diversify the flow of its exports and to promote industrial development and the attraction of investments. Based on the review of specialized literature and the obtaining of statistical data from official sources, this article determines the Revealed Comparative Advantage (vcr) in the exports of Mexico and South Korea, using the index proposed by Bela Balassa for the period between 2000 and 2023, highlighting five key years in the development of recent relations. The results suggest the possibility of implementing a Free Trade Agreement between both countries, promoting specialization, cooperation, and complementation in strategic sectors such as the automotive and electronics industries. |
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