EXPORT DIVERSIFICATION THROUGH ENTERING NEW MARKETS

Authors

  • Azizbek Avazov

Keywords:

Economic diversification, export potential, market opportunities, government policies, trade promotion, export strategies, sectoral analysis, market entry, export finance, trade facilitation, non-tariff barriers, regional cooperation, global value chains.

Abstract

In the dynamic realm of global commerce, export diversification has emerged as a cornerstone of economic prosperity and resilience. By expanding the range of products, markets, and destinations for their exports, countries and businesses can reap a multitude of benefits, including reduced reliance on limited markets, increased market reach and revenue potential, enhanced resilience and stability, improved competitiveness, and promotion of economic growth. This monograph delves into the intricate aspects of export diversification, with a particular focus on the strategic role of entering new markets. Through a comprehensive examination of theoretical frameworks, empirical evidence, and practical strategies, this work provides a roadmap for effectively navigating the path to export diversification through new market exploration.

References

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Published

2023-12-01