Asia exports look to improve in 2022
The level of Asian exports in volume terms has been stagnant in H2 2021. In addition, across the major manufacturing exporting economies, there have been significant disparities in export performance. Our analysis finds these differences stem from compositional differences in export products and supply-side constraints.
What you will learn:
- In China and Japan, real exports have fallen, whereas Korea and Taiwan have seen a pickup in shipments.
- Across emerging Asia, Indonesian exports have outperformed, helped by strengthening demand for commodities. Other countries such as Vietnam have struggled, with Delta outbreaks severely impairing trade flows in Q3.
- We see scope for a pickup in export momentum across the region from Q2 2022 onwards, as supply-chain pressures ease and the global recovery drives demand.
Four trends shaping long-term shifts in urban consumer markets
Our long-term income and consumer spending forecasts reveal the high-potential urban consumer markets of the future. We identify four key trends underpinning shifts across global urban consumer markets over the coming decades.Find Out More
APAC: Fiscal policy will not save the day this time around
Though the impact of a slowing global economy is weighing on Asian economies, we expect fiscal consolidation to continue, which means the fiscal impulse, government balance adjusted for cyclical movement in the economy, will be negative in most places.Find Out More