
ASEAN - million people, US$. trillion economy, and huge growth potential.
Yet despite the advantages, trade integration within ASEAN remains limited.
Intra-ASEAN trade is still a small - and even shrinking - share of total trade.
Why is that?
Many ASEAN nations export similar products.
That means countries like Malaysia, Thailand, Vietnam, and Singapore often chase the same projects and investors — instead of building joint value chains.\n But when neighbours are rivals, cooperation gets complicated.\n Watch the video to learn why ASEAN’s similarities may be its biggest challenge to functioning as a truly integrated economic bloc.
ASEAN - million people, US$. trillion economy, and huge growth potential.
Yet despite the advantages, trade integration within ASEAN remains limited.
Intra-ASEAN trade is still a small - and even shrinking - share of total trade.
Why is that?
Many ASEAN nations export similar products.
That means countries like Malaysia, Thailand, Vietnam, and Singapore often chase the same projects and investors — instead of building joint value chains.\n But when neighbours are rivals, cooperation gets complicated.\n Watch the video to learn why ASEAN’s similarities may be its biggest challenge to functioning as a truly integrated economic bloc.