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Association of Southeast Asian Nations

Exports (2023)$1.95T
Imports (2023)$1.68T
Main Exporter (2023)Vietnam $424B
Main Importer (2023)Singapore$421B
Internal Trade (2023)19.2%of total trade

About

Overview ASEAN (Association of Southeast Asian Nations) is an International Organization composed by Vietnam, Malaysia, Singapore, Thailand, Indonesia, Philippines, Cambodia, Burma, Brunei, and Laos. In 2023, ASEAN exported $1.95T (8.62% of global exports) and imported $1.68T (7.43% of global imports). Its largest exporter, Vietnam exported $424B, which corresponds to 21.8% of the total exports. On the other hand, the largest importer, Singapore, imported $421B, which is 25.1% of the total imports of Association of Southeast Asian Nations.

Trade In 2023, ASEAN's most exported products were Digital Monolithic Integrated Circuits ($220B), Bituminous Petroleum Distillates (Excl. Crude) ($115B), Radio/TV Transmit-Receive Apparatus ($114B), Parts & Accessories for Data Processing Equipment (n.e.) ($59.6B), and Crude Petroleum Oils ($34B). The same year, the most imported products were Digital Monolithic Integrated Circuits ($180B), Bituminous Petroleum Distillates (Excl. Crude) ($135B), Crude Petroleum Oils ($96.7B), Radio/TV Transmit-Receive Apparatus ($39.6B), and Parts & Accessories for Data Processing Equipment (n.e.) ($19.4B).

Partners In 2023, ASEAN's exports went primarly to China ($350B), United States ($309B), Japan ($120B), Hong Kong ($109B), and Singapore ($89B). The same year, ASEAN's imported primarily from China ($460B), United States ($111B), Japan ($108B), Chinese Taipei ($98B), and Malaysia ($92.7B).

Latest Trends

Latest Data

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The following section shows the trade patterns over time for countries that comprise the organization.

Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

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Historical Data

Organization Composition

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Value

The following section shows the trade patterns over time for all the countries that comprise the organization, using historical dataset.

Yearly Exports of ASEAN

Internal Trade

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Internal Trade includes all trade between the countries that comprise this organization.

In 2023, the top internal exports of ASEAN were Refined Petroleum ($57.5B), Integrated Circuits ($46.2B), Coal Briquettes ($9.81B), Gold ($8.68B), and Crude Petroleum ($7.87B).

The same year, the principal destinations of internal exports were Singapore ($89B), Malaysia ($67.4B), Vietnam ($50.1B), Thailand ($49.7B), and Indonesia ($46.9B).

Internal Exports (2021)
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Internal Destinations (2021)
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External Trade

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External trade includes all world trade excluding the countries that comprise this organization.

In 2023, the top external exports of ASEAN were China ($350B), United States ($309B), Japan ($120B), Hong Kong ($109B), and India ($67.2B).

The same year, the principal destinations of external exports were Integrated Circuits ($179B), Broadcasting Equipment ($108B), Refined Petroleum ($57.9B), Office Machine Parts ($55.4B), and Palm Oil ($36.5B).

External Exports (2021)
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External Destinations (2021)
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Total Trade

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Depth
Top Export (2023)Integrated Circuits$225B
Top Destination (2023)China$350B

In 2023, ASEAN exported a total of $1.95T. During the last five reported years the exports of ASEAN have changed by $377B from $1.57T in 2018 to $1.95T in 2023.

The most recent exports are led by Integrated Circuits ($225B), Refined Petroleum ($115B), Broadcasting Equipment ($115B), Office Machine Parts ($60.2B), and Semiconductor Devices ($41.4B). The most common destination for the exports of ASEAN are China ($350B), United States ($309B), Japan ($120B), Hong Kong ($109B), and Singapore ($89B).

Exports (2021)
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Destinations (2021)
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Largest Export by Country

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The following visualization shows the principal export per country, the product which has grown the most over the past 5 years or the product in which the country has a higher level of specialization, measured by the RCA Index.

Biggest export by country (2021)

Trade between organizations

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This visualization show trade between international organizations. The default selection shows the trade with the rest of the world.

Exports (2021)

Destinations (2021)

Economic Complexity

Complexity and Country Indicators

Indicator

This visualization compares the Economic Complexity Index (ECI) with different indicators about country development such as GDP per capita or Inflation. For more information about ECI, check the Methods page.

In 2023, the countries with higher complexity that belong to Association of Southeast Asian Nations were Singapore (1.65), Malaysia (1.08), Thailand (0.98), Philippines (0.65), and Vietnam (0.06).

On the other hand, the countries with higher GDP per capita were Singapore ($84.7k), Brunei ($33k), Malaysia ($11.4k), Thailand ($7.18k), and Indonesia ($4.88k).

Finally, the biggest exporters of ASEAN were Vietnam ($424B), Malaysia ($383B), Singapore ($333B), Thailand ($332B), and Indonesia ($299B).

GDP per capita v/s ECI for countries that comprise Association of Southeast Asian Nations (2023)

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