Trends and developments in merchandise trade

After a sound recovery in 2010, exports from Asia and the Pacific are again experiencing risks of deceleration. Export growth is now below the pre-crisis level. The export growth of the developing Asia-Pacific region dropped from about 32% in 2010 to 13% in 2011; however, if China’s exports are excluded, the growth rate was only 9% (figure 1.1). The pattern for imports is similar, with growth dropping from 35% to 18% during the same period, and to 14% if China’s imports are excluded.

Related Subject(s): International Trade and Finance