Evaluation of the BRICS Plus agricultural industry position and Iran's future opportunities

November 11, 2024Journal of Agricultural Economics Research تحقیقات اقتصاد کشاورزیOpen Access

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Key Points

The study aims to assess the competitive structure of global agricultural production and identify Iran's future trade opportunities with BRICS Plus nations.
Evaluation of the global production structure using concentration ratios and the Herfindahl-Hirschman index.
Analysis of potential trade cooperation through indicators of comparative advantage and performance across 22 industries from 2000 to 2021.
Focus on agricultural industries such as food, beverages, tobacco, textiles, wood, paper, and furniture in BRICS Plus countries.
China has overtaken the United States in global agricultural production, particularly in low-tech and resource-based industries.
BRICS Plus countries, particularly China, Brazil, and India, present significant industrial collaboration opportunities for Iran in various agricultural sectors.
Sustainable industrial development in Iran could mirror the experiences of emerging economies like China over the past three decades.

This evaluation shows Iran's trade opportunities in agricultural industries with BRICS Plus countries, suggesting pathways for sustainable growth.

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Gholipoor et al. (2024) studied this question.

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