Committee on Trade and Development - Participation of developing economies in the global trading system - Note by the Secretariat

Participation of developing economies in the global trading system

Note by the Secretariat[1]

TABLE OF CONTENTS

1   Executive Summary. 3

2   Introduction.. 3

3   Merchandise trade. 4

3.1   Overview. 4

3.2   Major traders. 6

3.3   Pre-pandemic comparison. 8

3.4   Merchandise trade by product category. 9

3.5   Major trading partners. 11

3.6   South-South trade. 12

4   Commercial services trade. 12

4.1   Overview. 12

4.2   Major traders. 13

4.3   Pre-pandemic comparison. 15

4.4   Commercial services trade by sector 16

4.5   Major trading partners. 17

4.6   South-South trade. 18

5   Challenges and opportunities for developing economies' participation in international trade. 19

6   Annex. 23

6.1   Merchandise exports of developing economies and regions, 20202022. 23

6.2   Merchandise imports of developing economies and regions, 20202022. 27

6.3   Commercial services exports of developing economies and regions, 20202022. 31

6.4   Commercial services imports of developing economies and regions, 20202022. 35

6.5   Top 20 developing economies' agricultural exports. 39

6.6   Top 20 developing economies' non-agricultural exports. 40

6.7   Composition of reporter and partner groups. 41


 

Table of Charts

Chart 1: Merchandise trade developments over recent years, in volume. 4

Chart 2: Drivers of developing economies' merchandise trade, in volume. 5

Chart 3: Merchandise trade developments over recent years, in value. 6

Chart 4: Major developing economies merchandise traders. 7

Chart 5: Changes in merchandise trade, by economy. 8

Chart 6: Merchandise export developments through the COVID-19 pandemic. 8

Chart 7: Developing economies' merchandise exports, 2022 compared to 2019. 9

Chart 8: Developing economies' merchandise exports, by product category. 10

Chart 9: Developing economies' merchandise imports, by product category. 11

Chart 10: Major destinations for developing economies' merchandise exports. 11

Chart 11: Merchandise South-South trade in comparison. 12

Chart 12: Commercial services trade developments over recent years. 13

Chart 13: Major developing economies commercial services traders. 14

Chart 14: Changes in commercial services trade, by economy. 15

Chart 15: Commercial services export developments through the COVID-19 pandemic. 15

Chart 16: Developing economies' commercial services exports, 2022 compared to 2019. 16

Chart 17: Examples of developing economies' commercial services exports. 17

Chart 18: Major destinations for developing economies' commercial services exports. 18

Chart 19: Commercial services South-South trade in comparison. 18

Chart 20: Commercial services South-South trade by region. 19

Chart 21: Major exported products and price developments of selected products. 20

Chart 22: Comparison of trade costs across time and between regions. 21

Chart 23: Digitally delivered trade and digital connectivity by country group. 22



[1] This document has been prepared under the Secretariat's own responsibility and is without prejudice to the positions of Members or to their rights and obligations under the WTO.