In 2022, the estimated total GDP of all ASEAN states amounted to approximately 3.67 trillion U.S. dollars, a significant increase from the previous years. In fact, the GDP of the ASEAN region has been skyrocketing for a few years now, reflecting the region’s thriving economy. Power in the EastThe Association of Southeast Asian Nations (ASEAN) comprises Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. It was established in 1967 among five of these countries (Indonesia, Malaysia, Thailand, Singapore, and the Philippines) to facilitate trade and economic growth, as well as promote cultural development and social structures in the region. To date, they have been joined by another five nations. The ASEAN marketThe founding of the ASEAN organization provides the collaborating nations with more autonomy and influence on the global economy than they would have had by themselves. Additionally, struggling participating countries, such as Laos, are given an opportunity to grow on an ASEAN single market.

In 2023, the real gross domestic product (GDP) in the Philippines grew by approximately 5.55 percent, marking the highest growth rate in Southeast Asia. In comparison, Singapore's real GDP growth rate dropped to less than 1.1 percent. Most Southeast Asian economies are projected to see an increase in their real GDP growth rates in 2025 compared to 2023, except for Laos and Myanmar. Southeast Asia, a tapestry of economic and cultural complexity Historically a critical component of global trade, Southeast Asia is a diverse region with heterogeneous economies. The region comprises 11 countries in total. While Singapore is a highly developed country economy and Brunei has a relatively high GDP per capita, the rest of the Southeast Asian countries are characterized by lower GDPs per capita and have yet to overcome the middle-income trap. Malaysia is one of these countries, having reached the middle-income level for many decades but yet to grow incomes proportionally to its economic development. Nevertheless, Southeast Asia’s young population will further drive economic growth across the region’s markets. ASEAN’s economic significance Aiming to promote economic growth, social progress, cultural development, and regional stability, all Southeast Asian countries except for Timor-Leste are part of the political and economic union Association of Southeast Asian Nations (ASEAN). Even though many concerns surround the union, ASEAN has avoided trade conflicts and is one of the largest and most dynamic trade zones globally. Factors such as the growing young population, high GDP growth, a largely positive trade balance, and exemplary regional integration hold great potential for future economic development in Southeast Asia.

In 2019, all ASEAN nations had a total gross domestic product growth of approximately 4.6 percent. This was a decrease compared to 2010, in which the GDP of the ASEAN region grew by 7.5 percent.

In the new global economy, Blue Economy has become a central issue, including for Southeast Asian Countries regarding its potentials as key drivers of economic growth and innovation. ASEAN member countries has declared to commit on taking the lead on the regional cooperation in relation to the Blue Economy through ASEAN Leaders’ Declaration on the Blue Economy, last 26 October 2021, in Brunei Darussalam. Besides the economic opportunities, Blue Economy has responsibilities to carry out due to the need to ensure ocean sustainability and rules-based ocean governance. Previous studies on the topic in general, have reported some issues such as (1) Blue Economy complexity and diversity on stakeholders’ and policymakers’ perspectives and perceptions, (2) contested narratives between the economic growth and development vis-à-vis ocean resources environmental protection, and (3) the urge to strengthen regional centrality and unity in term of commitments on achieving the goals. This study aims to identify ASEAN member countries capacities and capabilities regarding the Blue Economy implementations. We developed ASEAN Blue Economy Dataset using numbers of official and reputable macro-economic and political-security data which are related to established and emerging sectors of Blue Economy. By using the data and indices generated from the dataset, we measured ASEAN ‘Blue Economic Posture’ to quantify and portray ASEAN’s trajectory to actualize sustainable ocean economy in term of capacity building and potential cooperation initiatives.

This dataset provides values for CURRENT ACCOUNT TO GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

This dataset provides values for GDP GROWTH RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

This dataset provides values for FULL YEAR GDP GROWTH reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

The impact of climate change has been forecasted to affect the economies of South-East Asian Nations (ASEAN) the hardest. The maximum projected loss incurred by the ASEAN in the event of a 3.2°C temperature rise is 37.4 percent. This is more than double the forecast loss of the Advanced Asia economies and 10 percent higher than the next largest forecast loss of the Middle East & Africa.

China Outward Investment: ASEAN: Construction data was reported at 158.590 USD mn in 2022. This records a decrease from the previous number of 584.950 USD mn for 2021. China Outward Investment: ASEAN: Construction data is updated yearly, averaging 523.610 USD mn from Dec 2007 (Median) to 2022, with 16 observations. The data reached an all-time high of 1.896 USD bn in 2017 and a record low of 77.446 USD mn in 2007. China Outward Investment: ASEAN: Construction data remains active status in CEIC and is reported by Ministry of Commerce. The data is categorized under China Premium Database’s Investment – Table CN.OB: Outward Direct Investment: ASEAN by Industry.

ObjectiveThe objective of this study was to identify factors influencing the development of China-ASEAN trade- from the total economic volume of both sides, distance, the population size of ASEAN countries, the construction of a free trade area, and the signing of the Belt and Road initiative, resource endowment per capita, the exchange rate between RMB and ASEAN countries, and the land area of ASEAN countries—to develop a conceptual framework for China-ASEAN trade potential.Study designThis study uses panel data from 2001 to 2021 that is evenly distributed among 10 ASEAN countries to serve as the dataset. Firstly, the unit roots are checked and the cointegration relationships are examined, focusing on the heterogeneity test. Based on the classical trade gravity model, the innovative trade gravity model with key influencing factors is constructed. On the basis of the classical trade gravity model, an innovative trade gravity model of key influencing factors is constructed. The trade potential model is used to calculate the direct trade potential coefficient between China and ASEAN countries, which points out the direction for the sustainability of bilateral trade.ResultsThis study finds that among the factors affecting China-ASEAN bilateral trade, the total economic output of both sides, distance, population size of ASEAN countries, the construction of the FTA, and the signing of the Belt and Road Initiative all have a positive impact on bilateral trade. Three influencing factors, namely per capita resource endowment, exchange rate between RMB and ASEAN countries, and the size of ASEAN countries, have a negative impact on bilateral trade, but to a lesser extent. The trade potential between China and Vietnam falls into the category of potential re-modelling, indicating that both sides are currently utilizing their trade potential to the greatest extent possible, that trade growth space is limited, and that new trade opportunities must be discovered. The trade potential index between China and nine ASEAN countries, excluding Vietnam, is in the potential-exploiting category, indicating that the potential has not been fully utilized by both sides and that there is still room for growth in the scale of trade between the two countries.ConclusionWith the shift of the world’s economic center of gravity in the direction of Asia following COVID-19, China and ASEAN countries should seize the opportunity to strengthen their comprehensive strength and economic aggregates and further develop China’s constructive role in the regional organization. The signing of the Belt and Road Initiative and the construction of a free trade zone has had a positive effect on the development of bilateral trade. Propose that: positive trade factors should continue to be strengthened, trade barriers should be removed, and new dynamics of bilateral trade growth should be enhanced.

In 2023, Singapore received foreign direct investment (FDI) of nearly 160 billion U.S. dollars. In contrast, Brunei recorded negative FDI values of around 57 million U.S. dollars that year. FDI inflows to ASEAN countries amounted to almost 230 billion U.S. dollars in 2023. Foreign direct investment in Singapore Singapore has been successful in creating a favorable investment climate for foreign investors with attractive legal frameworks and policies. A catalyst in the country’s economic growth, foreign direct investment net inflows in Singapore experienced a significant increase in the last decade. A closer look at the sectorial distribution shows that the foreign direct investment in the financial and insurance services sector in Singapore accounts for more than half of the FDI inflows in the country in 2022. In 2023, Singapore was listed third among the leading economies for foreign direct investment inflows globally. Foreign direct investment in the ASEAN region A regional overview of the foreign direct investment inflows to the ASEAN region by economic sector reveals a higher concentration of investments in the finance and insurance sector, followed by manufacturing, as well as the wholesale and retail trade industry. For instance, industry-wise foreign direct investment inflows to Vietnam in 2023 went mainly to manufacturing, with a share of over 64 percent of the country’s total FDI.  Nevertheless, other economic sectors such as services or real estate, among others, attract considerable amounts of FDI inflows throughout the region.

Panama CF: Imports: Asia: ASEAN: Singapore data was reported at 1,748,889.000 PAB th in 2016. This records a decrease from the previous number of 1,931,996.000 PAB th for 2015. Panama CF: Imports: Asia: ASEAN: Singapore data is updated yearly, averaging 225,654.000 PAB th from Dec 1999 (Median) to 2016, with 18 observations. The data reached an all-time high of 3,404,865.000 PAB th in 2011 and a record low of 23,386.000 PAB th in 2001. Panama CF: Imports: Asia: ASEAN: Singapore data remains active status in CEIC and is reported by National Institute of Statistics and Census. The data is categorized under Global Database’s Panama – Table PA.JA010: Colon Free Zone: Imports.

Japan Exports: Vol: Asean: EM: Visual Apparatus (VA) data was reported at 133.000 Unit th in Oct 2018. This records an increase from the previous number of 107.972 Unit th for Sep 2018. Japan Exports: Vol: Asean: EM: Visual Apparatus (VA) data is updated monthly, averaging 226.000 Unit th from Jan 2000 (Median) to Oct 2018, with 226 observations. The data reached an all-time high of 677.000 Unit th in Dec 2005 and a record low of 92.000 Unit th in Jan 2000. Japan Exports: Vol: Asean: EM: Visual Apparatus (VA) data remains active status in CEIC and is reported by Ministry of Finance. The data is categorized under Global Database’s Japan – Table JP.JA014: Exports by Country: ASEAN: Volume.

Imports from ASEAN in China decreased to 25703438.28 USD Thousand in February from 31346539.14 USD Thousand in January of 2024. This dataset includes a chart with historical data for China Imports From Asean.

The ASEAN cross-border road freight transport industry is experiencing robust growth, driven by increasing intra-regional trade, expanding manufacturing and e-commerce sectors, and the development of improved infrastructure connecting ASEAN nations. The industry's value, while not explicitly stated, can be reasonably estimated based on the global CAGR of 5.98% and considering ASEAN's significant economic activity. Given the substantial trade flows within ASEAN and the relatively lower cost compared to sea or air freight for shorter distances, the market size likely surpasses several billion dollars. Key growth drivers include the Regional Comprehensive Economic Partnership (RCEP) agreement facilitating smoother cross-border trade, the rise of just-in-time manufacturing requiring efficient land-based logistics, and escalating consumer demand for faster delivery times. However, challenges remain, including inconsistent infrastructure quality across member states, bureaucratic complexities in customs and border procedures, and the need for enhanced transport security measures. Segmentation reveals that the manufacturing, construction, and agriculture sectors are significant contributors to the industry’s volume. Leading players, such as DB Schenker, DHL, and Kerry Logistics, are strategically expanding their networks and services to capitalize on the growing demand. Future growth will depend on collaborative efforts to streamline cross-border regulations, invest in infrastructure upgrades, and promote the adoption of advanced logistics technologies like digital freight platforms and real-time tracking systems. The industry's trajectory suggests a continued upward trend, making it an attractive investment opportunity for businesses specializing in freight forwarding, logistics management, and related technologies. Sustained economic growth within ASEAN and improved trade facilitation will be key to achieving the projected growth rates in the coming years. The ASEAN cross-border road freight transport market is characterized by a dynamic interplay of opportunity and challenge. While the strong economic growth across ASEAN nations offers a fertile ground for expansion, the logistical hurdles associated with navigating multiple regulatory environments and infrastructure variations necessitates strategic adaptations. Key segments like manufacturing, agriculture and construction will continue to drive volume. Companies need to focus on optimizing operations through technology integration, strong partnerships with local players, and compliance expertise to fully capitalize on this lucrative market. The ongoing investments in infrastructure projects across the region, coupled with the increasing adoption of technology to improve efficiency, suggest continued growth in the coming years. However, continuous monitoring of regulatory changes and successful mitigation of cross border operational bottlenecks will be crucial to sustained profitability in this competitive landscape. This insightful report provides a detailed analysis of the ASEAN cross-border road freight transport industry, covering the period from 2019 to 2033. With a base year of 2025 and an estimated year of 2025, the report projects market trends until 2033, offering invaluable insights for stakeholders across the supply chain. The report delves into market size, growth drivers, challenges, and future opportunities, providing crucial data for informed decision-making. The study encompasses key players like DB Schenker, DHL Group, Kerry Logistics Network Limited, and others, analyzing their strategies and market positions. Expect comprehensive coverage of key segments like manufacturing, wholesale and retail trade, and others, as well as in-depth analysis of regional variations across the ASEAN region. Recent developments include: June 2023: DHL Express has geared up to electrify its last-mile delivery fleet by deploying 24 electric vans in Jakarta and Bandung. The new electric vehicles will join the existing fleet which includes four electric vans and six electric bikes serving areas in Jakarta and Surabaya.June 2023: Chery Malaysia signed a logistic services agreement with Tiong Nam Logistics Holdings Berhad, which is responsible for spare parts warehousing and transportation logistics services. Tiong Nam Logistics has obtained the rights to handle Chery’s spare parts warehousing and transportation in Malaysia, including heavy-duty vehicle models such as TIGGO 8 PRO and OMODA5.May 2023: Kerry Express (KEX),has announced a partnership with All Speedy Co, a subsidiary of CP All, to extend its services to 7-Eleven branches across the country. This cooperation between Kerry Express and All Speedy is aimed at increasing the availability of their express parcel delivery service by leveraging the extensive nationwide network of 7-Eleven outlets.. Key drivers for this market are: Growing trade relations, Increased demand for perishable goods. Potential restraints include: Cargo theft, High cost of maintainig. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

China Outward Investment: ASEAN: accum data was reported at 154.660 USD bn in 2022. This records an increase from the previous number of 140.281 USD bn for 2021. China Outward Investment: ASEAN: accum data is updated yearly, averaging 55.174 USD bn from Dec 2007 (Median) to 2022, with 16 observations. The data reached an all-time high of 154.660 USD bn in 2022 and a record low of 3.953 USD bn in 2007. China Outward Investment: ASEAN: accum data remains active status in CEIC and is reported by Ministry of Commerce. The data is categorized under China Premium Database’s Investment – Table CN.OB: Outward Direct Investment: ASEAN by Industry.

The gross domestic product (GDP) growth rate of all major economies included except China was negative in 2020 following the COVID-19 pandemic. Growth rates were positive again in 2021, but stagnated in some countries in 2023 amid high inflation rates. What does GDP measure? GDP is the sum of all consumption, investment, government spending, and net exports in an economy. As such, different things drive the growth of each of these countries. Germany benefits from a high value of net exports, also known as its trade balance. Drawbacks of GDP growth as a metric GDP measures growth, but it does not capture welfare gains correctly in many cases. For example, carbon dioxide emissions often go hand in hand with a growing GDP. These emissions are from industry, such as coal power plants, or consumption, such as driving cars, but GDP does not measure the damage from these activities. Also, national debt is not incorporated into GDP.

Thailand Imports: USD: ASEAN data was reported at 3.674 USD bn in Sep 2018. This records a decrease from the previous number of 3.916 USD bn for Aug 2018. Thailand Imports: USD: ASEAN data is updated monthly, averaging 1.928 USD bn from Jan 1995 (Median) to Sep 2018, with 285 observations. The data reached an all-time high of 4.131 USD bn in Mar 2012 and a record low of 481.680 USD mn in Jan 1998. Thailand Imports: USD: ASEAN data remains active status in CEIC and is reported by Bank of Thailand. The data is categorized under Global Database’s Thailand – Table TH.JA018: Imports: By Country.

Gross domestic product (GDP) of emerging and developing countries in Asia is expected to reach over 37.44 trillion U.S. dollars by 2029. This would be almost double the GDP from a decade earlier, which was about 20.59 trillion U.S. dollars. Emerging and developing economies are the second-largest source of global GDP. The region’s GDP generally comes from manufacturing and trade, as well as growing financial industries and international commerce. A region with growing economic power Of the countries the IMF categorizes as emerging and developing in Asia (See “More information” for full list), several are a part of the Association of Southeast Asian Nations (ASEAN), an organization that provides the collaborating nations with a greater opportunity for growth and participation in the global economy than they would otherwise have. Indonesia, a founding member, has the largest economy in South East Asia, and is predicted to be one of the 15 countries worldwide with the highest GDP by 2030.

Panama Imports: CIF: Asia: ASEAN: Vietnam data was reported at 21,233.000 PAB th in 2016. This records a decrease from the previous number of 21,970.000 PAB th for 2015. Panama Imports: CIF: Asia: ASEAN: Vietnam data is updated yearly, averaging 4,223.000 PAB th from Dec 2003 (Median) to 2016, with 14 observations. The data reached an all-time high of 23,752.000 PAB th in 2014 and a record low of 226.000 PAB th in 2003. Panama Imports: CIF: Asia: ASEAN: Vietnam data remains active status in CEIC and is reported by National Institute of Statistics and Census. The data is categorized under Global Database’s Panama – Table PA.JA003: Imports: By Country.