The Effect of COVID-19 on International Trade: Evidence from Sub-Saharan Africa
- 1 Hefei University of Technology, Hefei, China
- 2 Bircham International University, Kinshasa, Democratic Republic of Congo
Abstract
The purpose of this paper is to present evidence for the effect of coronavirus disease 2019 on international trade. Accordingly, we investigate trade among Sub-Sahara n African countries during the first quarter of 2020. The disease problem of COVID-19 is measured based on the number of cases and deaths. The findings of this study show that the COVID-19 problem in exporting coun tries has a significantly negative effect on trade and positive significance in im porting countries. This negative effect of exporters’ COVID-19 crisis is seen in exports from developing countries. The COVID-19 problem in an exporter’s nei ghboring nation has a positive impact on its exports. Importers’ COVID-19 pro blem has positive effects on trade in the agricultural industry, while exporters’ COVID-19 problem has adverse effects, for the most part, in the textile, footwear, and plastic industries.
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