Survey of Trade Potentials between Iran and the Member Countries of Shanghai Cooperation Organization (SCO): The gravity model approach

Economic integration such as SOC can prepare member states for confronting globalization in a smaller scale. On the other hand, the exact understanding of trade potentials of trade partners is one of the ways of boosting exports and imports to their optimum levels. In this study the trade potentials of SCO member countries and Iran are estimated using gravity model and panel data. The results show that in addition to GDP of the member states, the coefficent of trade potential is positive and significant. Also, Iran has not fully used its trade potentials with China, India and Russia.