Home / Knowledge / News / Textiles / 'Asia-Pacific trade and investment slowing down'
'Asia-Pacific trade and investment slowing down'
Nov '15
Courtesy: United Nation ESCAP
Courtesy: United Nation ESCAP
Asia and the Pacific remains the most dynamic region of the global economy but growth in regional trade and investment flows is slowing, the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) said in its latest regional trade and investment outlook report.

The report emphasizes that countries need to adjust to both cyclical and structural changes, especially in light of the global slowdown and an expected reduction in China's growth rate.

Total exports and imports from the region grew by only 1.6 per cent in 2014, however, when excluding China from the regional total, exports from the Asia-Pacific region registered a decline of 0.4 per cent according to the Asia-Pacific Trade and Investment Report 2015 ESCAP's annual flagship publication. “The continued sluggish pace of trade and investment growth in the region is impacting the prospects of a merchandise trade recovery in the near-term. Despite this, the Asia-Pacific region stands out for its significant and sustained achievements in leveraging trade and investment flows for development,” the report said.

Launching the report in Bangkok, UN Under-Secretary-General and ESCAP Executive Secretary Dr. Shamshad Akhtar emphasized the importance of reviving trade and investment flows at a time when Member States have recently endorsed the centrality of trade and investment, as critical means of implementation for the new Sustainable Development Goals (SDGs). Dr. Akhtar called on regional policymakers to enhance competitiveness in order to promote inward investment and technology.

“The data and analysis in the 2015 Asia-Pacific Trade and Investment Report will help to mainstream trade considerations, as we work towards achieving the new Sustainable Development Goals,” said Dr. Akhtar.

“Production fragmentation across national borders as part of Global Value Chains (GVCs) has opened new opportunities for developing countries to integrate in global trade. In order to prosper in this globalized environment, countries will need to boost competitiveness and productivity to attract inward investment and technology, and find areas where they can successfully integrate in these value chains.”

Despite the lowering of trade growth prospects, it is likely that the Asia-Pacific region will hold its position as the largest trading region in the world. In 2014, the region accounted for almost 40 per cent of global exports and imports. Intraregional imports remained at slightly more than 50 per cent of the total in 2014, with intraregional exports at 54 per cent.

Must ReadView All

Textiles | On 24th Oct 2016

Indian govt plans roadshows to promote textile exports

The Indian government has planned to conduct roadshows to boost the...

Courtesy: TAL Group

Apparel/Garments | On 24th Oct 2016

TAL’s new garment factory goes operational in Vietnam

A new garment factory of the Hong Kong based TAL Group has become...

Information Technology | On 24th Oct 2016

X-Rite Pantone unveils appearance exchange file format

X-Rite Pantone, X-Rite Incorporated subsidiary that offers colour...

Interviews View All

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Rahuul Jashnani

‘Online economy has changed the whole dynamics of buying habits.’

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search