Eurasia Strategy’s Post

Ready for ASEAN growth? ASEAN's economic growth is outpacing much of the world, with its GDP soaring by 30% from 2011 to 2021, compared to global growth of 23%. By 2030, ASEAN's GDP is projected to hit $4.5 trillion, with a population of 723 million. This dynamic region, particularly the ASEAN-5 (Malaysia, Indonesia, Singapore, Thailand, Vietnam), is fueling a consumption surge driven by urbanization, digital ecosystems, rising Tier 2 cities, high-value services, and robust export trade. Key insights: - ASEAN-5 constitutes 84% of ASEAN's GDP and 72% of its population. - Europe’s dependency on ASEAN imports increased significantly from 2013 to 2022. - ASEAN remains Europe's third-largest trading partner. For European businesses eyeing expansion, this growth translates to immense opportunities. Our expertise bridges the gap, helping companies thrive in East Asia's flourishing markets. #BusinessGrowth #ASEANEconomy #EastAsiaExpansion #EUtoAsiaTrade #ASEAN5 #GlobalTradeOpportunities #EmergingMarkets #DigitalEcosystems #Urbanization Connect with us to explore how we can help your business succeed in the thriving ASEAN market!

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