Change in exports due to the RCEP free trade agreement APAC 2022, by country

Published by Statista Research Department, Sep 18, 2024
Due to the regional comprehensive economic partnership (RCEP) coming into force on January 1, 2022, Japan's exports to RCEP members were forecast to increase by 5.5 percent relative to its exports to RCEP member countries in 2019. Overall, the economic effects across RCEP member countries were predicted to amount to close to 42 billion U.S. dollars.

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.

Change in exports due to the regional comprehensive economic partnership (RCEP) free trade agreement in the Asia-Pacific region in 2022, by country

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Release date

January 2022

Region

Asia, APAC

Survey time period

2022

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