Exports surge 30.5%, imports jump 25.7%
The US Chamber of Commerce asked the Philippines to maximize the advantages offered by the higher tariff imposed by the US on Chinese goods.
Durian, mangosteen, longan and mango exports lead positive start to 2021 for Thailand’s fruit exports
Cambodian Prime Minister Samdech Techo Hun Sen and his Lao counterpart Phankham Viphavanh held a video conference on April 12, the Cambodian Ministry of Foreign Affairs and International said in a statement.
South-east Asia’s container trade with the US is growing faster than China’s, highlighting the region’s shifting sourcing patterns.
China's latest figures released on Tuesday showed a rise in exports, while bilateral trade with the US rose to $165 billion in the first three months of the current fiscal year.
Total shipping volume from members of the Association of Southeast Asian Nations (ASEAN) increased in 2020, pushing its global share above the 20 percent mark for the first time and making its presence felt in the US-bound marine transportation market, reported Nikkei Asia Review.
ASEAN COUNTRIES are well-positioned to attract investment following shifts in global value chains (GVCs) in the wake of the coronavirus pandemic, economists said, citing the region’s growing middle class.