Trade flows of Central Asian states within the framework of the Shanghai Cooperation Organization

Abstract

Aim. To form a systematic understanding of the structure of trade of Central Asian states within the framework of the Shanghai Cooperation Organization (SCO).Objectives. To analyze the commodity structure of trade flows and their geographical distribu- tion; to identify key characteristics of trade flow networks of Central Asian states within the SCO.Methods. Statistical analysis of the geographical, commodity, sectoral structure of exports and imports of goods, as well as the degree of their technological capacity.Results. It can be stated that there are practically no high-tech groups of goods among the significant commodity groups in the trade of Central Asian SCO member states with their part- ners in this organization. Moreover, to a large extent the growth of trade turnover of the countries is conditioned by the intensification of supplies of various raw materials to China (oil, ore, textile and agrarian raw materials). The pattern of “raw materials for raw materials” trade exchange often persists, especially between the Central Asian states proper; moreover, these countries are to a large extent competitors, as the commodity structure of their export flows largely coincides (in particular, in terms of raw materials and agrarian products). Conclusions. The current situation hampers the development of industrial cooperation between the SCO countries. The fact that the “One Belt - One Road” initiative is based on the established trade specializations of the countries may, on the one hand, “revive” trade relations in the region, on the other hand, consolidate the role of Central Asian states as suppliers of raw ma- terials for China.