<\/p>\n
Trade flows from North and East Asia to the Asean and South Asia regions rose by 44% between 2019 and 2024.<\/p>\n
A report from Citi noted that trade corridors in Asia are experiencing \u201csignificant growth\u201d in recent times, with Asean emerging as a major beneficiary.\u00a0<\/span><\/p>\n Both China and the US of late rely on a broader set of partners in trade \u2013 though transhipments may obscure underlying dependencies, said the analysts.\u00a0<\/span><\/p>\n The report surveyed 800 supply chain finance suppliers. Among the respondents, 75 per cent experienced \u201cmoderate or no noticeable effect\u201d from US President Donald Trump\u2019s tariffs, while only 20 per cent cited \u201csignificant negative impacts\u201d.<\/p>\n In particular, analysts from Citi said that the tariffs have failed to prevent China from increasing its goods trade surplus \u2013 the Asian superpower recorded a surplus of over US$1 trillion within the first 11 months of 2025.<\/p>\n While Chinese exports to the US have fallen sharply since the tariffs, exports to South-east Asia are currently growing at nearly double the pace of the past four years.<\/p>\n Noticeably, China\u2019s exports to the Asean and South Asia regions surged by 57 per cent between 2019 and 2024 as well, based on Citi\u2019s data.\u00a0<\/span><\/p>\n \u201cChinese parent companies have significantly increased their subsidiary presence in Asean and South Asia, with the number of active subsidiaries growing steadily between the first quarter of 2022 and Q1 of 2025,\u201d said the analysts.\u00a0<\/span><\/p>\n They added that regions with the highest export growth to the US \u2013 Asean and South Asia (up 51 per cent), and Latin America (up 40 per cent) \u2013 are also the same regions to which China has been exporting more in recent years.\u00a0<\/span><\/p>\n \u201cThis strongly suggests that supply chains are being rerouted through intermediary countries \u2013 often with more favourable trade terms with the US \u2013 to facilitate continued Chinese exports,\u201d the Citi analysts wrote.\u00a0<\/span><\/p>\n \u201cMany experts believe a significant share of these goods are ultimately re-exported, often to the US,\u201d the analysts wrote.\u00a0<\/span><\/p>\n They added that this realignment was already taking shape between 2019 and 2024, even before Trump\u2019s tariffs in 2025.\u00a0<\/span><\/p>\n For example, trade flows from North and East Asia (including China) to Asean and South Asia regions rose by 44 per cent during this period \u2013 marking a shift towards emerging markets.\u00a0<\/span><\/p>\n Comparatively, flows from North and East Asia into the US rose more modestly at 32 per cent, indicating a diversification of China\u2019s customer base and a repositioning within global supply networks.<\/p>\n <\/p>","protected":false},"excerpt":{"rendered":" Trade flows from North and East Asia to the Asean and South Asia regions rose by 44% between 2019 and 2024. A report from Citi noted that trade corridors in Asia are experiencing \u201csignificant growth\u201d in recent times, with Asean emerging as a major beneficiary.\u00a0 Both China and the US of late rely on a […]<\/p>\n","protected":false},"author":1,"featured_media":5647,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5646","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bez-rubriki"],"featured_image_src":{"landsacpe":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2026\/03\/Trade-8-1024x445.jpg",1024,445,true],"list":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2026\/03\/Trade-8-463x348.jpg",463,348,true],"medium":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2026\/03\/Trade-8-300x200.jpg",300,200,true],"full":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2026\/03\/Trade-8.jpg",1024,682,false]},"_links":{"self":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/5646","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/comments?post=5646"}],"version-history":[{"count":1,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/5646\/revisions"}],"predecessor-version":[{"id":5648,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/5646\/revisions\/5648"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media\/5647"}],"wp:attachment":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media?parent=5646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/categories?post=5646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/tags?post=5646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}