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    East Asia Update - April 2017

    Asia, Economic Research Institute for ASEAN and East | May 2017
    Abstract
    East Asian exports performed robustly in the first quarter of 2017 compared to the same period last year (Figure 1). East Asia’s export growth had two main drivers in Q1 2017. First, a significant oil and commodity prices increase benefited Southeast Asian countries with a high reliance on the primary commodity and its derivatives exports such as Indonesia, Malaysia, Singapore, and Thailand (Figure 2). Second, continuing robust economic activity in China and India in the first quarter of 2017, registering growth rates of 6.9% and 7.3%, respectively1. China’s growth in the first quarter of 2017 was driven by growth in activity of its manufacturing sector, which increased demand for raw materials, manufactured goods, and capital goods from other East Asian countries, resulting in doubledigit export growth of East Asian products to China (Figure 3).
    Citation
    Asia, Economic Research Institute for ASEAN and East. 2017. East Asia Update - April 2017. © Economic Research Institute for ASEAN and East Asia. http://hdl.handle.net/11540/7147.
    Keywords
    Economies in transition
    Economic agreements
    Development indicators
    ADB
    Economic development
    Development Economics
    Regional Economic Development
    Economic Impact
    Asian Development Bank
    Development
    Comparative economics
    Regional economics
    Economic development projects
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    Citable URI
    http://hdl.handle.net/11540/7147
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    Author
    Asia, Economic Research Institute for ASEAN and East
    Theme
    Economics
    Development
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise