Pacific Trade: Dynamics in a High-Cost Region
Publication | October 2015
Aid for Trade to the Pacific is an important enabler of the private sector, and ICT infrastructure and ICT-related services are critical for connectivity in the Pacific where trade costs are substantially above the global average.
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This brief summarizes the Pacific highlights from the 2015 report—Aid for Trade in Asia and the Pacific: Thinking Forward about Trade Costs and the Digital Economy.
Key Points:
- Trade costs are falling, but remain high, which constrains SME growth
- Niche product exports have socioeconomic spillovers by capturing both value and community
- E-commerce leapfrogs the cost of distance
- Women-led firms thrive online
- Trade with Asia is on the rise among Pacific exporters
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