The increase in intraregional trade largely derives from intermediate goods—which have accounted for about 70% of intraregional exports over the past decade. Intraregional exports of final goods have increased, albeit only slightly, reaching nearly 13% in 2010 from around 10% in 2000. However, none of the subregions exceeds 5%, suggesting that most of the final goods trade is between subregions. Final goods exports across subregions has increased markedly in recent years, with the boost much more pronounced in the Pacific, East Asia, and Southeast Asia.
: Undefined index: cite in /opt/rh/httpd24/root/var/www/vhosts/aricv7/modules/nova_blogpage/nova_blogpage.php
on line 300
The views expressed in this blog post are the views of the author and do not necessarily reflect the views or policies of ARIC, the Asian Development Bank (ADB), its Board of Directors, or the governments they represent. ARIC does not guarantee the accuracy of the information and data included in this blog post and accepts no responsibility for any consequences of their use. Terminology used may not necessarily be consistent with official ADB terms.