Journal Socio-Economic Analyses
“ST. CYRIL AND ST. METHODIUS” UNIVERSITY OF VELIKO TARNOVO - UNIVERSITY PRESS

Bulgaria’s Comparative Advantages in Foreign Trade in Textile Products


Authors:
Daniel Dimanov St. Cyril and St. Methodius University of Veliko Tarnovo, Bulgaria

Pages: 33-44
DOI: https://doi.org/10.54664/JGSY2417

Abstract:

The article examines Bulgaria’s comparative advantages in the international trade in textile products during the 2001–2017 period. We have used the Balassa (RCA), Vollrath (RTA), and Lafay (LFI) indexes in the analysis. These generally show the country’s comparative advantages in apparel exports and the comparative disadvantages in textile products characterised by a lesser degree of processing. The index quantities provide important insight into the state and place occupied in the global market by Bulgarian textile produce.

Keywords:

Comparative Advantages; Foreign Trade Specialisation; Textile Products; Balassa Index; Vollrath Index; Lafay index.

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