An Empirical Analysis of Competitiveness, Complementary, and Growth Potential of the Sporting Goods Trade between China and the United State

Based on the data of six categories of sports supplies, including HS420, HS640, HS9504, HS9506, HS9507 and HS8, etc. under the HS code in the UN Comtrade database, this paper used the empirical research method to measure the trade complementarity, competitiveness and growth potential of sports supplies between China and the United States from 1997 to 2016. The research shows that China and the United States have strong complementarities in sports goods trade. The export of Chinese sporting goods and the import of American sporting goods are highly complementary, while the export of American sporting goods and the import of Chinese sporting goods are relatively weak, and there is a big difference in each category. The similarity between Chinese and American sporting goods in the world market is relatively low, the competitiveness of the two countries' sporting goods in the world market is relatively weak, and the market structure of the export of sporting goods in the two countries is relatively large in terms of classification. China and the United States are close to each other in sports goods trade, and bilateral trade in sporting goods between the two countries has huge potential in the future.