Commodity price crash : risks to exports and economic growth in Asia-Pacific LDCs and LLDCs

Thumbnail Image
Date
2015
Contributor/s
Corporate Author/s
Contact
Trade, Investment and Innovation Division
+66 2 288-1234
escap-tiid@un.org
Citation
Bibliographic Managers
No. 6, March 2015
Abstract

This issue of the Trade Insights series identifies Asia-Pacific LDCs and LLDCs with export-portfolios and economies which are at greatest risk from the recent collapse in global commodity prices. Asia-Pacific LDCs and LLDCs account for less than 2% of global commodity exports and just 7% of Asia-Pacific commodity exports; however many these economies have export-portfolios which are highly concentrated in one or two major commodities: mainly crude oil, natural gas, aluminum, iron ore/steel, cotton and copper. This note finds that economic growth is at significant risk from changes in commodity prices across many Asia-Pacific LDCs and LLDCs, particularly in fuel-exporting economies and metal and mineral exporting economies.

Citation
Collections
PDF Viewer
Select a file to preview:
Can't see the file? Try refreshing your browser