Sustainable trade
Sustainable Trade Index 2018
Published 26 June 2018
The Sustainable Trade Index 2018 evaluates the readiness of 20 Indo-Pacific economies for sustainable trade. It was created to encourage meaningful discussions amongst policymakers and business executives about the linkages between trade and sustainability.
Second in the series, the STI 2018 evaluates the readiness of 20 Indo-Pacific economies to trade in a manner that provides environmental and social benefits in addition to economic growth.
Overview of the STI 2018 findings
The Sustainable Trade Index 2018 shows that bad policy choices are impeding Asian economies, particularly the richer ones, to participate sustainably in trade. This is a worrying trend that requires policy attention.
- As trade tensions are rising and protectionist forces are on the march, trade sustainability - and more particularly, the equitable distribution of trade benefits - have become essential considerations.
- The achievement of balanced economic, environmental and social outcomes through trade encourages global engagement and builds stronger economies.
- The lack of achievement, therefore, can hobble economic growth, heighten social tensions and strain international relations.
- On the positive side, some middle-income economies (in per capita terms) such as Sri Lanka, China and Vietnam have leapfrogged the richer ones on trade sustainability, and they are turning this into a competitive advantage.
The Sustainable Trade Index 2018 dataset and country-specific reports
The detailed results for the 20 economies reviewed in the STI are presented in an excel format. Results can be compared across economies, indicators and years.
The STI 2018 also includes an in-depth breakdown of a country's performance on the 2018 Index.
1st | Hong Kong | 11th | India | ||||
2nd | S.Korea | 12th | Malaysia | ||||
3rd | Singapore | 13th | Thailand | ||||
4th | Japan | 14th | Indonesia | ||||
5th | USA | 15th | Brunei | ||||
6th | Taiwan | 16th | Pakistan | ||||
7th | Sri Lanka | 17th | Bangladesh | ||||
8th | China | 18th | Laos | ||||
9th | Vietnam | 19th | Cambodia | ||||
10th | Philippines | 20th | Myanmar |
It is now abundantly clear that countries that fall short on trade sustainability face competitiveness, social and environmental issues. APAC economies are encouraged to use the index to benchmark their performance and view positive examples of trade policy.
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The Sustainable Trade Index is currently in its sixth edition. Download the earlier editions below:
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