Study on the Trade Structure and Deepening Development of Regional Production Network in East Asia
Download as PDF
We use the data provided by the UN COMTRADE database to calculate and analyse the trade structure of 10 East Asian economies. The results show that the proportion of intra-regional trade in East Asian economies has further increased, and the scale of trade in intermediate products still accounts for the largest proportion, while China is still the processing and manufacturing center of East Asian production network. At the same time, the export of final consumer goods in East Asia is mainly concentrated in countries such as the United States and Europe. The external dependence of economic growth in the region is still high, which leads to the weak ability of East Asia to cope with external shocks. As the main source of Global trade surplus, East Asia must strengthen the cooperation among the economies in the region, and actively adjust the trade structure in order to select the optimal path for the transformation of economic growth mode.
East Asia region; Import and export trade; Division of Labour in International Trade