Each country is highlighted as per the exposure level of its main markets for its most significant exports (>50% of export basket).
The different sectors are indicated by relevant icons.
Density colours show level of exposure by analysing the pandemic curve in the top three export destinations for the sector.
Click on a country to show main exports.
The time series on the left show how countries are evolving in terms of daily new COVID-19 cases and the time series on the right shows the rate of vaccinations.
What does this dashboard tell us?
The idea behind this dashboard is to provide a progressive Asia centric overview of the impact of the COVID-19 pandemic, to countries and to businesses, so they can better prepare for the short-term and long-term effects. The infographic displays the different exposures by country.
The analysis highlights that most countries in Asia have a diversified export basket and rely on a number of export markets, thus reducing the risk on exports. Certain countries in Asia are highly dependent on a single export commodity, such as mineral fuels, oils, or precious stones. Among these countries, the ones that are focused on only one or two affected regions are those facing the highest risks.
In response to the pandemic and related shocks, as of 13 July 2021, we observed that Laos, Uzbekistan, Kazakhstan and UAE’s markets are most exposed. Most of their markets include countries that have a high number of daily Covid-19 cases or are rapidly increasing. For example, Laos’ main market Thailand is still highly exposed with over 7,000 new cases each day. Trade in these countries are also concentrated around the United Kingdom where cases are rapidly increasing and have not yet reached the next peak.
Moreover, for these destination countries, the vaccination rates show the level of immunisation and the possibility of containing the virus in the target markets. In the case of Laos, Thailand has a vaccination rate of only 17 per 100 people.
How can International Economics help you ?
The COVID-19 crisis has impacted export and import markets across the world. Trade has become difficult in these unprecedented situations. Businesses are finding it difficult to export, without putting them at risk. If your company is affected by this, we may be of help. Allow us to support your organisation by:
Identifying and prioritizing markets
Devising Market Entry Strategies
Building Resilience and Growth
Optimising the Supply Chain
Up-to-date information on the number of Active cases, Recovered cases and Deaths of COVID-19 by country worldwide. The dashboard shows the progression over the previous seven days.