Analysis on trade characteristics and development trend of China's specific oilseed crops industry.

Based on the trade data of specific oilseed crops from 2002 to 2021, this paper analyzes the trade characteristics of sunflower seeds, sesame seeds and oil flax seeds by using GL index, BI index and Thom & McDowell index, and then summarizes the main forms of specific oilseed crops industry trade in China. The influencing elements of intra-industry trade are examined using a panel Tobit model, and appropriate countermeasure recommendations are made to ensure the security of China's specific oilseed crops business. The results indicate that in recent twenty years, the trade of China's specific oilseed crops industry is mainly inter-industry trade, and it is the primary source of trade increment. In the composition of intra-industry trade, the level of vertical intra-industry trade is greater than that of horizontal intra-industry trade. Through the empirical analysis of the factors affecting intra-industry trade, it is known that the differences in consumption preferences, products and trade distance have a significant impact on intra-industry trade of specific oilseed crops. In order to improve the trade level of China's specific oilseed crops industry, stabilize inter-industry trade and promote intra-industry trade, it is suggested that comprehensive measures should be taken to improve the domestic effective supply level of specific oilseed crops, implement differentiated development strategy, enhance the anti-risk ability and international competitiveness of China's specific oilseed crops industry, coordinate the effective connection between industrial policy and trade policy, ensure the safety of China's specific oilseed industry and promote its healthy and sustainable development. [ABSTRACT FROM AUTHOR]