Inter-Industry Comparative Advantage of Sudan
DOI:
https://doi.org/10.26710/reads.v1i1.112Keywords:
Comparative advantage in international trade Exports SudanAbstract
The Author has investigated inter-industry comparative advantage of
Sudan. Inter-industry comparative advantage in Sudan is lacking.
Industries have insignificant number of product codes in which they have
comparative advantage. Exports earnings are not linked to the number of
product codes in which comparative advantage exists. Sudan mainly
exports crude oil without value addition. It is recommended that Sudan
diversifies its economy. It is further recommended that it adds value to its
oil by refining it. There is a need of investing in exploration of new
endowments to boost comparative advantage. Sudan should work towards
attracting foreign direct investment so it can be able to expand its narrow
base of comparative advantage.
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