Bilateral Trade between India and Japan: A Trade Intensity Approach Analysis

Abstract

Over time, India and Japan have continued to conduct bilateral trade. However, compared to the size of their economies, the level of trade between them is minimal. This essay makes an effort to assess the nature and strength of the two countries bilateral trade connections. Trade connections between two countries can be evaluated using a variety of statistical metrics. Trade intensity is one such index that is utilized in this work. Indicators of trade intensity have been calculated for the years 2009 through 2020. It is possible to gauge the degree of trade intensity between the two countries by looking at their bilateral trade relationship as expressed by intensity indices.