In this section, we provide the latest available figures on ASEAN Member Countries’ trade covered by the CEPT. The tables provide us information oil to important items: (i) intra-regional trade among ASEAN Countries as well as (11) the proportion of the total trade conducted by Member Country that is in products covered1 by the tariff reduction program of the CEPT. The data distinguishes between those products in the normal, first-track and temporary exclusion lists. The latest available data is for the first quarter of 1994 and is avallable for all ASEAN Member Countries except for Brunei and Singapore.
It is clear from Tables 13, 14, 15 and 16 how large a proportion of Member Countries’ trade is covered by the CEPT. In the case of Thailand for example, almost all her trade in the first quarter of 1994 are in products covered by the CEPT. The other end of the spectrum is the Philippines. A little more than half her exports are in products covered by the CEPT while three fourths of her imports are in products covered b the CEPT.
At the same time, intra-regional trade continues to be a small proportion of the region’s total trade. In the case of imports, the proportion coming from ASEAN Member Countries range from Indonesia’s 8.93 % to Malaysia’s 18.72%. For exports, the range is from the Philippines’ 10.8% to Malaysia’s 23.59%.
October 3rd, 2012
