Asia & Middle East

Asia and the Middle East are important contributors to international trade due to their varied economies and manufacturing capabilities, accounting for over 43% of global goods exports in 2021. Asia is home to major economies like China, India, Japan, South Korea, and Singapore. Economies in the region are key exporters of manufacturing products such as electronics, automotive, textiles, information technology services, and pharmaceuticals. The Middle East is a key supplier of energy resources, with countries like Saudi Arabia, the United Arab Emirates, and Qatar exporting fuels and mining products. Additionally, the Middle East has developed infrastructure and logistics hubs, such as Dubai and Doha, that facilitate trade flows between Asia, Europe, and Africa. Several economies within Asia and the Middle East have signed various intra-regional trade agreements, including the Association of Southeast Asian Nations (ASEAN), the Gulf Cooperation Council (GCC), as well as agreements with several countries and territories outside the region including the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP). These agreements promote regional integration and reduce trade barriers, fostering economic growth and trade diversification.