Sub-Committee on Least Developed Countries - Market access for products and services of export interest to least developed countries - Note by the Secretariat

MARKET ACCESS FOR PRODUCTS AND SERVICES OF EXPORT INTEREST
TO LEAST DEVELOPED COUNTRIES

NOTE BY THE SECRETARIAT[1]

Contents

1   EXECUTIVE SUMMARY. 4

2   Introduction.. 6

3   LDCs' TRADE PROFILE. 7

3.1   Trends in Goods and Commercial Services. 7

3.2   Merchandise Trade Developments. 11

3.2.1   Overall trend. 11

3.2.2   Commodity price movements. 13

3.2.3   Major LDC traders. 13

3.2.4   Trends in product composition and concentration of LDCs. 14

3.2.5   Major markets of LDCs. 19

3.3   Services Trade Developments. 21

3.3.1   Overall trend. 21

3.3.2   Direction of trade. 23

4   MARKET ACCESS FOR PRODUCTS OF EXPORT INTEREST TO LDCS. 25

4.1   Duty-free market access granted by selected Members. 25

4.2   Utilization of preferential market access granted to LDCs. 28

4.3   Recent initiatives to improve market access for LDCs. 32

annex. 34