FUW TRENDS IN SCIENCE & TECHNOLOGY JOURNAL
(A Peer Review Journal)
e–ISSN: 2408–5162; p–ISSN: 2048–5170
keywords: Agricultural products, ECOWAS integration, exports, imports, members import effects
ECOWAS policy of liberalizing trade has culminated to increase in demand and supply of made in community products within the sub-region. In this study, intra-ECOWAS trade in the four major agricultural products (animal products; the vegetable products; the animal or vegetable fats and oils and other cleavage products; and the prepared foodstuffs) were identified. Through this, the volumes of imports within and by the sub-regional members were captured. Subsequently, by the use of Ordinary Least Squares (OLS), the study ascertained how each national import influenced intra-regional exports. The regression analysis reveals that every increase in ECOWAS sub-regional exports were as a result of increases in Benin, Cote d’Ivoire, Ghana, Guinea, Senegal and Sierra-Leone’s intra-community imports of agricultural products by 4.899, 1.06, 5.53, 74.988, 7.34, and 2385.044 units, respectively, all things being equal, while Burkina Faso and Gambia have negative influences (-3.324 and -10497.67, respectively. Therefore, to ensure animproved and sustained sub-regional integration through trade, much of the ECOWAS fifteen member nations need to have significant patronage of the regional products.
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