The level of freight connectivity in parts of South and Southeast Asia will need to improve to support the region's world leading trade growth expectations - particularly in Indonesia and Vietnam. This article looks at the air cargo and container shipping connectivity. Connectivity is a key factor when it comes to sourcing decisions and the relative competitive advantage of different countries.
Posts tagged as “Malaysia”
Global semiconductor sales dropped about 8% in 2023 but are expected to recover in 2024. As integrated circuits are found in most key products, this underlines the likelihood of a recovery of world trade in 2024. However, trade flows are likely to change over the coming years as China, the US and Europe build up own capacity and support the development of new fabs in South and Southeast Asia. Machinery trade indicates an emerging shift away from Taiwan and Korea based production of integrated chip production.