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ASEAN forecast to lead world in export growth in next 5 years

The Association of Southeast Asian Nations (ASEAN) has recently gained the spotlight of the Global Trade Growth Atlas 2022 as it is forecast to lead the world in export growth over the next five years.
ASEAN forecast to lead world in export growth in next 5 years ảnh 1Illustrative image (Photo: VNA)
Bangkok (VNA) - The Association of Southeast Asian Nations(ASEAN) has recently gained the spotlight of the Global Trade Growth Atlas 2022as it is forecast to lead the world in export growth over the next five years.

The report, conducted by DHL Express, shows that, whenassessed by the level of economic development, emerging economies are expected togenerate 45% of the absolute amount of global trade growth between 2021 and2026.

“The good news, especially for Asia, ASEAN, and Thailand, isthat Southeast Asia and South Asia perform very well. They perform very well inboth speed and scale. Scale is the size of the economy and the amount of trade.Speed is the extent and speed by which they are growing, and I can tell youthat the Philippines, Malaysia, India, Vietnam, and I can also add to thatlist, Thailand, are growing impressively on a large scale,” said John Pearson,CEO of DHL Express.

When talking about the outstanding performance in thisreport, Pearson made the point that he does not usually pick a winner or saywho is doing better or worse.

He said this report is purely from a factual point of view.Vietnam, however, was one of the winners. All these countries are on differentexport and growth curves and Vietnam performs very strongly./.
VNA
#ASEAN#Global Trade Growth Atlas 2022#export growth#next five years#DHL Express#Vietnam#Vietnamplus#Vietnam News Agency
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