Import Replacement Analysis

Import replacement or gap analysis aims to identify potential import replacement opportunities within a particular region. This method of analysis involves identification of major import demand generating sectors and the corresponding import supply industries.

Regional economic impact models (e.g. input-output models) can be used to provide braod brush estimates of the impacts on the local/regional economy of alternative import replacement strategies.

Import replacement analysis also seeks to identify why local industries are importing good and services rather than purchasing them locally.