Over the years, various researchers and policy makers as well have
developed strong interest in investigating the determinants of exports and
imports demands. The reason behind this concern is not farfetched. Both
exports and imports demand play a crucial role in economic growth and
development. In fact, the magnitude and direction of international trade flows
among countries have been subjected to various policy debates especially in the
developing countries. To this end, numbers of empirical studies have been able
to estimate the determinants of trade flows.