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ASEAN Community in Figures – Special Edition 2014
ASEAN Community in Figures - Special Edition 2014: A Closer Look at Trade Performance and Dependency, and Investment The ASEAN Secretariat Jakarta
The report analyzes ASEAN's trade and investment trends, highlighting tariff reductions, trade dependencies, and the impact of economic integration on member states' economies.
(Generated with the help of GPT-4)
| Quick Facts | |
|---|---|
| Report location: | source |
| Language: | English |
| Publisher: | Asean Secretariat |
| Authors: | Le Luong Minh |
| Time horizon: | 2015 |
| Geographic focus: | Southeast_Asia |
| Page count: | 102 |
Methods
The research method involved collecting and analyzing trade and investment data from ASEAN member states, focusing on trends from 1993 to 2013. The report utilized statistical databases to track tariff reductions, trade balances, and FDI inflows, providing a comprehensive overview of ASEAN's economic landscape.
(Generated with the help of GPT-4)
Key Insights
The ASEAN Community in Figures (ACIF) Special Edition 2014 provides a comprehensive overview of trade performance and investment trends within the ASEAN region. It emphasizes the significant progress made in reducing intra-ASEAN tariffs, with 99% of tariff lines at zero rates since 2010 for the ASEAN6. The report notes that intra-ASEAN trade has increased to 24.2% of total trade, contributing to 25% of the region's GDP. Trade with ASEAN+3, ASEAN+6, and EAS countries has also grown significantly, with China emerging as a major trading partner despite a persistent trade deficit. The report discusses the dependency on specific commodities and trade partners, revealing that the top twenty commodities account for over half of ASEAN's trade. It also highlights the importance of foreign direct investment (FDI), which has seen substantial growth, particularly in the services sector. The report concludes with policy insights aimed at enhancing regional economic integration and addressing vulnerabilities in trade dependencies.
(Generated with the help of GPT-4)
Additional Viewpoints
Categories: 2010s_time_horizon | 2015_time_horizon | english_publication_language | southeast_asia_geographic_scope | commodity_analysis | economic_integration | foreign_direct_investment | intra-asean_trade | investment_trends | policy_insights | tariff_reduction | trade_balance | trade_dependency | trade_performance