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Preferential Trade Agreements and Trade Liberalization Efforts in the OIC Member States

With Special Emphasis on the TPS-OIC

84

31.4% to 21.8%). It is interesting to note that the changes were more pronounced from 1990

to 2000, and during 2000-2013 there was more stability in the sectoral shares.

Table 9:Composition of Intra-OIC Imports by SITC 1-digit sector

Source: Comtrade via WITS

Table 10:

Share of Intra-OIC Exports by SITC 1-digit sector

Product Name

1990

2000

2013

Food and live animals

18.70% 12.50% 10.10%

Beverages and tobacco

0.60% 1.60%

1.10%

Crude materials, inedible, except fuels

7.60%

5.50%

1.80%

Mineral fuels, lubricants and related materials

9.40% 22.50% 18.60%

Animal and vegetable oils and fats

5.30%

3.90%

9.10%

Chemicals

11.60% 9.10%

8.90%

Manufactured goods classified chiefly by material

31.40% 22.70% 21.80%

Machinery and transport equipment

8.00% 11.60% 16.30%

Miscellaneous manufactured articles

7.00%

9.50% 11.40%

Commod. & transacts. Not class. Accord. To kind 0.30%

1.30%

0.90%

Source: Comtrade via WITS

In considering the exports of the OIC countries and the possible impact of closer integration

between the OIC countries, it is worth looking at whether the overall exports of the OIC

countries to the world are similar to what is being exported to other OIC countries. This can be

seen in the chart above which takes all the countries for which data is reported in 2010 and

compares their exports to the world with their exports to the OIC group of countries. We do

this using the Finger-Kreinin index of trade similarity. This index ranges between 0 and 1. If

Product Name

1990

2000

2013

Food and live animals

11.40% 10.30% 4.80%

Beverages and tobacco

0.50%

1.40%

0.70%

Crude materials, inedible, except fuels

7.10%

4.70%

3.20%

Mineral fuels, lubricants and related materials

47.80% 38.00% 41.50%

Animal and vegetable oils and fats

2.80%

2.70%

2.40%

Chemicals

8.80%

9.70% 13.40%

Manufactured goods classified chiefly by material

14.90% 16.90% 13.40%

Machinery and transport equipment

3.70%

9.10%

6.90%

Miscellaneous manufactured articles

2.90%

4.50%

4.40%

Commod. & transacts. Not class. Accord. To kind 0.10%

2.90%

9.20%