US-Asean agri-food trade: who is faring better?
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The United States is one of the largest trade partners of the Association of Southeast Asian Nations. In agri-food products, the total two-way trade in 2013 was $29 billion: $10.2 billion of US exports and $18.8 billion of US imports, or a US trade deficit of $8.6 billion. This article benchmarks the trade performance of six Asean countries, namely, Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam—in terms of growth in exports and trade balances between 2003 and 2013. It also identifies the major US exports and imports.
Dy, R. T. (2015, January 5). US-Asean agri-food trade: who is faring better?. Philippine Daily Inquirer, p. B2-6.
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- Philippine Daily Inquirer