비세그라드그룹 시장에서 한국의 무역전략과 유망수출품목

Abstract

Purpose: This paper investigates the economic conditions of the four countries in the Middle and Eastern Europe, known as the Visegrád Group(hereinafter, V4), analyzes the trade and investment relations and the comparative advantage structure between Korea and the V4 and then attempts to derive Korea’s trade strategy and promising export products toward the V4 markets. Composition/Logic: First, we briefly analyze the macroeconomic and trade trends in the V4. Second, we analyze trade and investment relations and comparative advantage structure between Korea and the V4. Third, based on the SWOT analysis, we derive Korea’s trade strategy and promising export products toward the V4 markets. Findings: Korea’s trade strategy toward V4 is as follows: First, Korean firms should participate in public procurement, infrastructure construction and regional development projects, utilizing the EU fund. Second, Korea should establish industrial technology cooperation with the V4 countries in nuclear power generation. Finally, Korea must diversify promising export items and trading lines in the V4 markets. The following eight items are among Korea's promising export products in the V4 markets: parts and accessories of the motor vehicles, parts for transmission, radar, and reception apparatus, other machinery and mechanical appliances, engine parts, blood products and vaccine supplies, air or vacuum pumps, air or other gas compressors and fans, electronic integrated circuits, flat-rolled products of iron or non-alloy steel, etc. Originality/Value: While the previous studies have focused on the particular country, two or three countries, or on a particular industry in the Middle-Eastern Europe, the present study comprehensively deals with the overall trade-investment relations with Korea at the level of the V4.