The World Trade Organization (WTO), during its recent meeting in Switzerland, unveiled its Global Value Chains (GVCs) Sectoral Profiles, offering valuable insights into the interdependence of economies and industries within global manufacturing supply chains. These profiles, supported by value-added indicators from over 70 economies, aim to inform businesses and policymakers about the dynamics of global trade.

 

Focusing initially on the food and beverage sector and the textiles and clothing sector, the profiles explore contributions from domestic and foreign industries, regional trade trends, and emerging shifts in global value chain participation. This analysis emphasizes the interconnected nature of industries and their roles in strengthening international trade.

 

In the food and beverage sector, the profiles reveal that agro-industries contribute 29%, agriculture 21%, services 38%, and other manufacturing 9% to global exports. Regional trade remains dominant, with 85% of North American food and beverage exports produced within the region, showcasing the strong interconnection of regional supply chains.

 

The textiles and clothing sector highlights similar trends, with countries like China and India maintaining high domestic content in exports—89% and 83%, respectively. Conversely, economies like Vietnam, Cambodia, and Indonesia leverage substantial foreign inputs, reflecting the shared benefits of interconnected supply chains.

 

Accompanying these profiles, the WTO introduced the “GVC Dashboard,” an interactive tool that presents dynamic graphs and detailed trade data. This initiative, built on the Asian Development Bank’s Multi-Regional Input-Output tables, enables stakeholders to explore global trade flows and supply chain intricacies.

 

With additional sectoral profiles planned, the WTO’s efforts aim to deepen understanding of global trade linkages, support evidence-based decision-making, and enhance collaboration across economies for sustainable trade growth.

 

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