Trade Competition and Complementarity between China and Turkmenistan and Potential Research

Abstract

This paper made use of the comparative advantage index to calculate the complementarity and development potential and competitiveness of China-Turkmenistan trade in 2013-2020.The research results show that there was a long-term trade deficit and the trade structure was unreasonable. The comparative advantages between two countries are overlapping and have strong differences, the trade reflects strong complementarity with great development potential, and there is a large rising space in bilateral trade. The problem of weak diversity of Chinese-Turkmenistan trade should be valued. Finally, according to the research conclusion, offer the countermeasures and suggestions that China and Turkmenistan should strengthen bilateral trade cooperation and optimize the development environment of bilateral trade