The signing of the ASEAN-China FTA agreement, trade
between the 2 region resulted incredible growth. By
2005, China had managed to provide at least 10% of
its goods to each of the major importing partners
in ASEAN: Indonesia (16%); Malaysia (11.5%); (Philippines
: 6.4%); Singapore (10.7%); Thailand (9.4%).
ASEAN imports from China
have been comparatively more diversified. The top
five imports (namely electrical machinery, computer
equipment, hydrocarbon products, cotton and tobacco)
accounted for almost two-fifths of the total import
value in the early 1990s, and 57 per cent in 1999
(with cereals plus ships and boats replacing cotton
and tobacco in relative importance).
%
