Report
Patrick Artus

Is the map of the new regional value chains emerging?

There is much talk about moving from global to regional value chains, with production becoming more organised on a regional basis (in Asia-Pacific, Europe and the Americas). Can we see an outline of these regional value chains when analysing trade figures? We would expect to see rapid growth in: US trade with Canada, Mexico, Latin America; Euro-zone trade with the United Kingdom, Central European countries, Turkey and North Africa; Chinese trade with Japan, India and the rest of Asia-Pacific. There is indeed an increase in intra-regional trade in the Americas and Europe. The case of China is a special case, since its trade with Africa is growing particularly rapidly.
Provider
Natixis
Natixis

Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.

 

Analysts
Patrick Artus

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