ASEAN Is Scaling Up as a Manufacturing and Trade Hub
Merchandise exports reached USD 2.38 trillion in 2025, outpacing USD 2.10 trillion in imports
Merchandise exports reached USD 2.38 trillion in 2025, outpacing USD 2.10 trillion in imports
China’s exports to Africa grew 26% in 2025, led by machinery, vehicles and light manufacturing, while imports expanded only modestly.
China’s surplus accumulation since 2018 has re-anchored toward Asia and Europe, while the North American balance has weakened.