The Role of Export Marketing Strategies in Enhancing Economic Diversification: An Analytical Study of Selected International Experiences in the Post-Oil Era
DOI:
https://doi.org/10.65420/cjhes.v2i1.106Keywords:
Export Marketing, Economic Diversification, Oil-Exporting Countries, Nation Branding, Green EnergyAbstract
This research investigates the strategic role of export marketing as a fundamental driver for economic transformation in oil-dependent nations facing the challenges of "commodity dependence" and global energy transition. The study addresses a core problem: the gap between temporary financial abundance from crude oil exports and the urgent need for long-term sustainable growth. Adopting a descriptive-analytical approach and case study methodology, the paper examines successful international models, including Saudi Arabia’s Vision 2030, the UAE’s logistics sector, and Norway’s sovereign wealth management. The analysis utilizes theoretical frameworks such as Michael Porter’s Diamond Model to illustrate how natural resources can be converted into sustainable competitive advantages through value-added production. Key findings demonstrate that export marketing is no longer a secondary promotional tool but a cornerstone for "Nation Branding" and repositioning these economies as global hubs for innovation and green energy, particularly green hydrogen. The study concludes that success in the post-oil era depends on "Technical Marketing," the adoption of "Made in..." quality programs, and leveraging sovereign wealth funds as marketing arms to penetrate global markets. The research recommends integrating marketing intelligence into national development plans to mitigate external shocks and ensure a smooth transition toward knowledge-based economies.
