Trade Analytics: Assignment 2

BRC
SMART
VSAT
Deadline: 30.04.2019
Group Importer Product Name Partner Name Year Tariff

1 India 151321 -- -- Crude oil Thailand 2015 100

871140 -- - With reciprocating internal
2 India combustio Thailand 2015 100
871150 -- - With reciprocating internal
3 India combustio Thailand 2015 100

4 India 400110 -- - Natural rubber latex, whether or not Thailand 2015 70

5 India 060313 -- (2007-) -- Orchids Thailand 2015 60

870333 -- -- Of a cylinder capacity exceeding
6 India 250 Thailand 2015 60

7 India 200580 -- - Sweetcorn (Zea mays var.saccharata) Thailand 2015 30

8 India 200819 -- -- Other, including mixtures Thailand 2015 30

9 India 210390 -- - Other Thailand 2015 30

210500 -- Ice cream and other edible ice,
10 India whether Thailand 2015 30

11 India 230990 -- - Other Thailand 2015 30

12 India 130190 -- - Other Thailand 2015 29.2

 Partner
Group Importer Product Name Name Year Tariff

13Thailand 120991 -- -- Vegetable seeds India 2015 109

870331 -- -- Of a cylinder capacity not

14Thailand exceeding India 2015 72.22

230400 -- Oilcake and other solid residues,

15Thailand wheth India 2015 64.5

16Thailand 020210 -- - Carcases and half-carcases India 2015 50

17Thailand 020230 -- - Boneless India 2015 50

870210 -- - With only compression-ignition

18Thailand intern India 2015 40
 Steps
• Pick one product from the Table according to your group number
• Look at the initial tariffs
• Consider five new tariff scenarios between the existing tariff and
zero tariff. You can take zero as one of the scenarios.
• Only take tariff rates below the existing. Don’t take existing tariff as
one scenario as that would not change anything and no results
would be obtained
• For these five scenarios draw graphs by taking tariff changes in the
x-axis and changes in the following in the y-axis
 Import change for the Importer
 Net Welfare change for Importer
 Import tariff revenue change for Importer
 Partners affected most by these changes. You can look at
percentage of decrease in exports of those partners to the
importer India and Thailand as the case may be
 Steps (…Contd.)
• What is the most likely tariff change according to you? Specifically
you have to answer the following
 Should the tariff be reduced at all
 If reduced at what rate
• While answering these questions you can take a benchmark of 10%
change for both imports into India as a whole and export changes
of partners who did not get the concession. Implying if imports as a
whole changes by more than 10% it would be considered harmful
for Indian producers. Similarly if exports of partners to India
reduces by more than 10% they can retaliate.
o Generate a two page report giving your reasons
o Submit both the excel file containing your graphs and the word file
(mentioning the name and roll nos. of the group members)
containing your analysis in a zipped file named after your group
e.g. Group 1 to rcbibek@gmail.com
o Marks allotted 20% of final evaluation