International trade of fruits between Portugal and the world

TL;DR

This paper analyzes Portugal's fruit trade with the world from 2006 to 2010, highlighting its main trading partners and the statistical properties of trade data using econometric methods.

Contribution

It provides the first recent econometric analysis of Portugal's fruit trade data, focusing on relationships with European countries and data stationarity issues.

Findings

Main trade relationships are with European countries.

Trade data show no statistical regularity.

Data are not stationary.

Abstract

For Portugal there are few or none works about the international trade of fruits between Portugal and the other countries. In this work it aims to analyze the more recent data for the Portuguese international trade of fruits. They were used data for the years from 2006 to 2010, available by the INE (Statistics Portugal), gently given by the AICEP (Trade & Investment Agency). To complement this data analysis they were made some estimations with several econometrics method and based in the neoclassical theory, with the absolute convergence model. It was concluded that the biggest relationship, in the international trade of fruits, is with the European countries and there are not statistical regularity in the estimations and the data are not stationary.