A Case for Value-Added Exports in the Estimation of Export Diversification in Asia and the Pacific

Publication | March 2022

This paper introduces a new indicator of export diversification in Asia and the Pacific based on value added in sectors that contribute to exports.

As economies integrate into global and regional value chains, these fragmented production structures may not be adequately reflected in diversification measurements. While an assessment of export diversification using gross exports provides insight into the direct exports of a trading economy, it does not tell the full story. Using both gross exports and value-added exports can better inform policy decisions and enable exporting economies to carve their niche in increasingly digitally enabled value chains.


  • Introduction
  • Export Diversification and Economic Growth: The Literature
  • Methodology for Measuring Export Diversification
  • Trends and Patterns in Export Diversification for Economies in Asia and the Pacific (2007­­–2018)
  • Relationship with Economic Growth
  • Conclusions

Additional Details

  • Economics
  • Industry and trade
  • 32
  • 8.5 x 11
  • WPS220068-2
  • 2313-6537 (print)
  • 2313-6545 (electronic)

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