TWN Info Service on Finance and Development (Feb11/02)
This was revealed in new data released Wednesday
by the UN Conference on Trade and Development (UNCTAD), which said that
this surge in Asia's share of global ICT exports supports recent findings
that the global financial crisis has led to significant shifts in world
trade of ICT goods towards
According to UNCTAD, global ICT exports, which
represented 12 per cent of world merchandise trade in 2009, are increasingly
Seven of the top ten exporters are Asian economies.
The top ten exporters of ICT goods in 2009 are China ($356 billion), Hong Kong-China ($142 billion), the United States ($113 billion), Singapore ($91 billion), Republic of Korea ($80 billion), Japan ($70 billion), Taiwan ($67 billion), Malaysia ($57 billion), Germany ($55 billion), and the Netherlands ($53 billion).
UNCTAD said that ICT goods are of great significance
for many developing economies, especially in
Reliance on ICT products is most pronounced in the case of Hong Kong-China, where such items represent more than 43 per cent of all merchandise exports.
Other economies in which ICT goods make up 30
per cent or more of exports include
While ICT exports from most major exporters fell in 2009 as a result of the financial crisis, the decline was particularly pronounced among several European countries, noted UNCTAD.
For instance, ICT exports dropped by more than
half in Portugal and Finland, by 36 per cent in Ireland, and by more
than 20 per cent in the Czech Republic, France, Germany, and Sweden.
On the other hand, a few economies saw increases.
Turning to its findings on imports of ICT goods,
UNCTAD said that the
The top ten importers of ICT goods in 2009 are
Among the major importers, said UNCTAD, declines
of more than 35 per cent were registered in 2009 by
Economies for which ICT goods represent large
shares of their imports are mainly found in East and
A few Latin American countries also report a high
reliance on ICT goods imports, including