In force as of January 1, 2022, the regional comprehensive economic partnership (RCEP) was predicted to have an overall financial effect amounting to close to 42 billion U.S. dollars across its fifteen member countries in the Asia-Pacific region. Japan was forecast to be the biggest beneficiary, with economic effects of over 20 billion U.S. dollars. The country would experience the biggest growth in exports among RCEP members.
With its fifteen member countries, the RCEP constitutes the largest trading bloc worldwide, covering approximately 30.5 percent of the world's gross domestic product.
Economic effects of the regional comprehensive economic partnership (RCEP) on trade in member countries in the Asia-Pacific region in 2022, by country
(in billion U.S. dollars)
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Thailand Business News. (January 4, 2022). Economic effects of the regional comprehensive economic partnership (RCEP) on trade in member countries in the Asia-Pacific region in 2022, by country (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1284598/apac-economic-effects-rcep-free-trade-agreement-by-country/
Thailand Business News. "Economic effects of the regional comprehensive economic partnership (RCEP) on trade in member countries in the Asia-Pacific region in 2022, by country (in billion U.S. dollars)." Chart. January 4, 2022. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1284598/apac-economic-effects-rcep-free-trade-agreement-by-country/
Thailand Business News. (2022). Economic effects of the regional comprehensive economic partnership (RCEP) on trade in member countries in the Asia-Pacific region in 2022, by country (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1284598/apac-economic-effects-rcep-free-trade-agreement-by-country/
Thailand Business News. "Economic Effects of The Regional Comprehensive Economic Partnership (Rcep) on Trade in Member Countries in The Asia-pacific Region in 2022, by Country (in Billion U.S. Dollars)." Statista, Statista Inc., 4 Jan 2022, https://www.statista.com/statistics/1284598/apac-economic-effects-rcep-free-trade-agreement-by-country/
Thailand Business News, Economic effects of the regional comprehensive economic partnership (RCEP) on trade in member countries in the Asia-Pacific region in 2022, by country (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1284598/apac-economic-effects-rcep-free-trade-agreement-by-country/ (last visited November 21, 2024)
Economic effects of the regional comprehensive economic partnership (RCEP) on trade in member countries in the Asia-Pacific region in 2022, by country (in billion U.S. dollars) [Graph], Thailand Business News, January 4, 2022. [Online]. Available: https://www.statista.com/statistics/1284598/apac-economic-effects-rcep-free-trade-agreement-by-country/
