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Tradeflow Study - UNDP Black Sea Trade and Investment Promotion ...

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Table 11. Twenty five products with the highest indicative intra-regional trade potential<br />

(US$ Millions)<br />

Rank HS6<br />

Product Description<br />

Indicative <strong>Trade</strong><br />

Potential<br />

Relative<br />

Indicative <strong>Trade</strong><br />

Potential (%)<br />

All Products 96,110<br />

1 870421 Motor vehicles for the transport of goods, with compression-ignition internal 2,170 combustion piston 95engines of a gross vehicle weight <<br />

2 870323 Motor cars <strong>and</strong> other motor vehicles principally designed for the transport of 1,635 persons, incl. station 75 wagons <strong>and</strong> racing cars, with sp<br />

3 870332 Motor cars <strong>and</strong> other motor vehicles principally designed for the transport of 1,556 persons, incl. station 97 wagons <strong>and</strong> racing cars, with co<br />

4 740311 Copper, refined, in the form of cathodes <strong>and</strong> sections of cathodes 1,098 91<br />

5 720449 Waste <strong>and</strong> scrap of iron or steel "ECSC" (excl. slag, scale <strong>and</strong> other waste of 1,056 the production of 43iron <strong>and</strong> steel; radioactive waste an<br />

6 852812 Television receivers, colour, whether or not incorporating radio-broadcast receivers 1,004 or sound or 34video recording or reproducing app<br />

7 890190 Vessels for the transport of goods <strong>and</strong> vessels for the transport of both persons 912 <strong>and</strong> goods (excl. 58 refrigerated vessels, tankers, fer<br />

8 300490 Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic 880 purposes, 86 in measured doses or put up for r<br />

9 870899 Parts <strong>and</strong> accessories, for tractors, motor vehicles for the transport of ten or more 814 persons, motor 85 cars <strong>and</strong> other motor vehicles p<br />

10 870322 Motor cars <strong>and</strong> other motor vehicles principally designed for the transport of persons, 733 incl. station 69 wagons <strong>and</strong> racing cars, with sp<br />

11 890120 Tankers 732 96<br />

12 401110 New pneumatic tyres, of rubber, of a kind used for motor cars, incl. station wagons 669 <strong>and</strong> racing 79 cars<br />

13 260112 Agglomerated iron ores <strong>and</strong> concentrates "ECSC" (excl. roasted iron pyrites) 585 61<br />

14 260111 Non-agglomerated iron ores <strong>and</strong> concentrates "ECSC" (excl. roasted iron pyrites) 533 87<br />

15 730890 Structures <strong>and</strong> parts of structures, of iron or steel, n.e.s. (excl. bridges <strong>and</strong> bridge-sections, 511 towers 77 <strong>and</strong> lattice masts, doors <strong>and</strong> wi<br />

16 840999 Parts suitable for use solely or principally with compression-ignition internal combustion 510 piston 53engines, n.e.s.<br />

17 870829 Parts <strong>and</strong> accessories of bodies for tractors, motor vehicles for the transport of 483 ten or more persons, 86 motor cars <strong>and</strong> other motor v<br />

18 870331 Motor cars <strong>and</strong> other motor vehicles principally designed for the transport of persons, 467 incl. station 78 wagons <strong>and</strong> racing cars, with co<br />

19 870210 Motor vehicles for the transport of >= 10 persons, incl. driver, with compression-ignition 434 internal 54combustion piston engine "diesel o<br />

20 940360 Wooden furniture (excl. for offices, kitchens <strong>and</strong> bedrooms, <strong>and</strong> seats) 406 45<br />

21 845011 Fully-automatic household or laundry-type washing machines 390 79<br />

22 732690 Articles of iron or steel, n.e.s. (excl. cast articles or articles of iron or steel wire)385 88<br />

23 401120 New pneumatic tyres, of rubber, of a kind used for buses <strong>and</strong> lorries (excl. typres 370 with lug, corner 63 or similar treads)<br />

24 480100 Newsprint, in rolls of a width > 15 cm or in square or rectangular sheets with one 349 side > 36 cm 57<strong>and</strong> the other side > 15 cm in the un<br />

25 760612 Plates, sheets <strong>and</strong> strip, of non-alloy aluminium, of a thickness of > 0,2 mm, rectangular 325 "including 85 square" (excl. exp<strong>and</strong>ed plates<br />

Source: Author calculations based on UNSD Comtrade statistics, 2007<br />

To summarise the sectors which show the highest intra-regional trade potential, based on the<br />

results of both the gravity simulation model <strong>and</strong> the trade flow analysis, are the food <strong>and</strong> agrobased<br />

industries, beverages, paper <strong>and</strong> printed materials, wood <strong>and</strong> wood articles, textiles<br />

<strong>and</strong> garments, vehicles, metallic products <strong>and</strong> rubber products. Many other important product<br />

groups which should be further investigated include pharmaceutical products (in particular<br />

medicaments for prophylactic or therapeutic purposes, medicaments containing alkaloids <strong>and</strong><br />

medicaments containing antibiotics) <strong>and</strong> household electrical appliances (such as ovens).<br />

32/135

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