ASTA-PACIIORADEANDNSIMENMIRENDS2024/2025Irade In Goodsand Commerclal ServicesESCAPEconomic andSocialCommissionforAsiaandthePacific
Theshaded ras of themapindizate ESCAPmembers and associate members.*The Economic and Social Commission for Asia and the Pacific(ESCAP)is themost inclusive intergovernmental platform in the Asia-Pacific region. The Commisionpromotescooperation among its53memberStates and9 associatemembers inpursuit of solutions to sustainable development challenges. ESCAPisone ofthefiveregionalcommissions of theUnitedNationsTheESCAPsecretariat supportsinclusive, resilient and sustainable development inthe region by generating action-oriented knowledge, and by providing technicalassistance and capacity-buildingservicesin supportof national develoomentobjectives, regional agreements and the implementation of the 2030Agenda fo*The designations employed and the presentation of material on this map donotimply the expressionany ooinion whatscever on the part of the Secretaniat of the United Nations concemnina the lecastatus of any country, teritory,city or area orof its authorities, or concerning the delimitation of itsfrontiers or boundaries.ASIA-PACIFICTRADEANDINVESTMENTTRENDS2024/20251
AcknowledgementsThis Brief was prepared by Nilkita Shahu, underthe directsupervision andco-dratingeffotso Witada Anukoonwattaka, Economic Alffairs Officer in the Trade Policy and FacilitationSection(TPFS) of the Trade, Investment and Innovation Division(TID) in the United NationsEconomic and Social Commission for Asi-Pactic (ESCAP).Ruoying Chenprovidedresearch assistance. The Brief was developed under the overall direction of Yann DuwvalChief,TPFS.TID, and Rupa Chanda, Director,TID.The briefwasformatted by Nikita Shahuand the coverdesign was prepared byNucharat TuntiwigitASIA-PACFICTRADEANDINVESTMENTTRENDS2024/2025(
ContentsHigi....Backro.....................41.Merchadise-I....................................41.1radeg..............................................41.1Inta-regional and intra-subregianl...-1.2Neartermprospectsformerchandise-trad......21e....................一21nta-regionland intasuobregion.l.-..-2.3Neartermprospectsforcommercialseviecest-a...-4References..........................................-Fiqure 1.Nominalgoods and services trade in AsiaParifi,2015.20......Figure2.MerchandisetradeinAsia-Pacific.2020-2025.4Figure3,Subregianalrealmerchandisetrade performancein.Asi-Pacif, 2020-2025.0Fqure4.Commercial servicestradein Asia-Pacific, 2020/20.…...........11Figure5.Subregionalnominalservicestradeperformance inAsia-Pacific.2021/2025..13)Table 1.Trade partners ofAsia and the Pacific (20.....y>Table 3.Change in merchandise tradepartnersofAsia and the Pacificby subregion,2019.04.....................................Table4.MerchandiseexportsandimportsgrowthforselectedAsia-Pacificeconomies2024/2025(Baseline scenario)..........7oTable 5. Subregianal senvicesexaort share by exportdesinai....."Table6.Commercialservices exports andimports growthforselectedAsia-Pacificeconomies, 2024/2025(Baseline sce...............16ASIA-PACIFICTRADEANDINVESTMENTTREN...