Participation of developing economies in the
global trading system
Note by the Secretariat[1]
Corrigendum
Page
9, paragraph 3.13 should read as follows:
3.13
Non-agricultural merchandise exports are dominated by semiconductors and crude
oils (see Chart
8,
right). These are largely concentrated in a small number of economies. In 2022,
China; Hong Kong, China; the Republic of Korea; Singapore; and Chinese
Taipei accounted for more than 75% of developing economies' semiconductor
exports, while Saudi Arabia alone was responsible for more than 25% of
developing economies' crude oil exports. Compared to shares in 2020, one can
clearly see the effect that the rebound in oil prices had, with the categories
crude oils, mineral fuels, and petroleum oils all registering a sizeable
increase in their export shares.
[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.