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Wt/Comtd/Ldc/W/60 WT/COMTD/LDC/W/60 5 October 2015 (15-5180) Page: 1/68 Sub-Committee on Least Developed Countries MARKET ACCESS FOR PRODUCTS AND SERVICES OF EXPORT INTEREST TO LEAST DEVELOPED COUNTRIES: A WTO@20 RETROSPECTIVE NOTE BY THE SECRETARIAT1 Contents 1 INTRODUCTION ........................................................................................................... 5 2 LDCS' TRADE PROFILE .................................................................................................. 6 2.1 Trends in Goods and Commercial Services ..................................................................... 6 2.2 Merchandise Trade Developments ................................................................................ 11 2.2.1 Commodity price movements ................................................................................... 11 2.2.2 Trends in product composition .................................................................................. 13 2.2.3 Geographic diversification of trade ............................................................................ 17 2.2.4 Major export markets for LDCs by product group ......................................................... 17 2.2.5 Differentiation by export specialization ....................................................................... 20 2.2.6 Merchandise trade balance ....................................................................................... 23 2.3 LDCs' Trade in Services 1995-2013 .............................................................................. 26 2.3.1 Direction of trade .................................................................................................... 33 2.3.2 Services exports by GATS modes of supply ................................................................. 34 2.4 Foreign Affiliates Statistics (FATS)................................................................................ 35 3 TRENDS IN MARKET ACCESS FOR PRODUCTS OF EXPORT INTEREST TO LDCS ............ 36 3.1 Market Access in Developed Economies ........................................................................ 36 3.2 Market Access in Developing Economies ........................................................................ 43 4 RECENT INITIATIVES TO IMPROVE MARKET ACCESS FOR LDCS ................................. 49 5 CONCLUSION ............................................................................................................. 50 ANNEX ........................................................................................................................... 52 1 This document has been prepared under the Secretariat's own responsibility and is without prejudice to the positions of Members or to their rights and obligations under the WTO. WT/COMTD/LDC/W/60 - 2 - List of Tables Table 1: Trends in LDC exports of goods and commercial services, 1995-2013 ........................... 6 Table 2: LDCs and world trade in goods and commercial services, 1995-2013 ............................ 8 Table 3: Export prices of primary commodities, 1995-2014/15 ............................................... 12 Table 4: LDCs' top 20 export products in terms of increase in world market share, 1995- 2014 .............................................................................................................................. 16 Table 5: Product composition of LDC exports by destination, 1995-2014 .................................. 18 Table 6: LDCs' top ten export markets, 1995 and 2013 ......................................................... 20 Table 7: LDC merchandise trade by export specialization, 1995-2014 ...................................... 21 Table 8: Product composition of African LDC exports, 1995-2014 ............................................ 22 Table 9: Product composition of Asian LDC exports, 1995-2014 .............................................. 22 Table 10: Coverage ratios of merchandise trade of the LDCs, 1995-2014 ................................. 23 Table 11: LDCs' merchandise trade balance by product groups, 1995-2014 .............................. 24 Table 12: LDC commercial services exports by category, 1995-2013 ....................................... 27 Table 13: Average tariffs levied by developed countries on key products from developing countries and LDCs, 1996-2014 ......................................................................................... 39 Table 14: GSP tariff treatment of LDC exports in selected developed markets, 2013 .................. 40 Table 15: LDC exports in selected developed markets, 2013 .................................................. 42 Table 16: Average tariffs levied by selected developing countries on key products from developing countries and LDCs, 2001-2013 (excluding oil) ..................................................... 44 Table 17: Tariff treatment of LDC exports in selected developing markets, 2013 ....................... 46 WT/COMTD/LDC/W/60 - 3 - List of Charts Chart 1: Evolution of LDC exports of goods and commercial services, 1995-2013 ....................... 6 Chart 2: Development in merchandise trade volume of LDCs and developing economies ............. 7 Chart 3: LDCs' shares in world exports, 1995-2013................................................................ 7 Chart 4: Concentration indices (Herfindahl-Hirschmann) of merchandise exports of selected regions, 1995-2013 .............................................................................................. 9 Chart 5: Share of top three LDC products in their total merchandise exports, 1995 and 2014 .............................................................................................................................. 10 Chart 6: Export prices of primary commodities, 1995-2014 .................................................... 11 Chart 7: Evolution of merchandise export structure of LDCs, 1995 and 2014 ............................ 13 Chart 8: Composition of LDC merchandise exports by major product group, 1995, 2000 and 2014 ........................................................................................................................ 14 Chart 9: Top ten products of LDC merchandise exports, 1995 and 2014 ................................... 15 Chart 10: LDC merchandise exports by destination, 1995 and 2014 ........................................ 17 Chart 11: Geographical concentration of LDC exports: Share of top ten partners in total exports, by major product group, 1995 and 2013 ................................................................. 19 Chart 12: Trade balance of goods (BOP), as a percentage of GDP, 1995 and 2013 .................... 25 Chart 13: Trade in commercial services by LDC region, 1995-2013 ......................................... 26 Chart 14: Exports and imports of commercial services by leading LDCs, 1995 and 2013 ............. 28 Chart 15: Structure of LDCs' exports of commercial services, 1995 and 2013 ........................... 28 Chart 16: Travel exports of selected leading LDC travel exporters, 1995 and 2013 .................... 29 Chart 17: LDCs' travel exports and estimated international tourist arrivals to LDCs, 1995- 2013 .............................................................................................................................. 29 Chart 18: Estimated structure of LDC transport exports by mode of transport, 1995 and 2012 .............................................................................................................................. 30 Chart 19: Leading LDC exporters and importers of transport, 1995 and 2013 ........................... 31 Chart 20: Growth of LDC exports by main service sector, 1995-2013 ...................................... 31 Chart 21: Leading LDC exporters of communications services, 1995 and 2013 .......................... 32 Chart 22: European Union (28) – Imports of services from LDCs, 2006-2012............................ 33 Chart 23: LDCs: Estimated exports of commercial services by mode of supply (BOP basis), 2012 .............................................................................................................................. 34 Chart 24: Zambia: Inward FATS sales by economic activity and partner country, 2012 .............. 35 Chart 25: Share of duty-free imports by developed economies originating from LDCs and comparison with total developing countries, 1996-2014 ......................................................... 36 Chart 26: Share of export value imported duty free by developed economies originating for individual LDCs, 1996-2014 ............................................................................................... 38 Chart 27: Average tariffs levied by selected developing countries on key products from developing countries and LDCs, 2001-2013 (excluding oil) ..................................................... 43 WT/COMTD/LDC/W/60 - 4 - List of Annex Tables Annex Table 1: Merchandise exports and imports of LDCs by selected country grouping, 2014 .............................................................................................................................. 52 Annex Table 2: Export prices of primary commodities, 1995–2015, Q2 .................................... 54 Annex Table 3: Leading merchandise exports of LDCs in 2014a ............................................... 56 Annex Table 4: Imports from LDCs by major markets and product groups, 1995-2014 ............... 60 Annex Table 5: Coverage ratios of imports by exports of the LDCs, 1995-2014
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