Aid for Trade in Asia and the Pacific (ESCAP Trade Insights: Issue No. 23)

Aid for Trade in Asia and the Pacific (ESCAP Trade Insights: Issue No. 23)

Date: 
Tuesday, December 4, 2018
Type: 
Public information and advocacy materials
Abstract

• From 2002 to 2016, the amount of Aid for Trade (AfT) given to developing countries grew steadily. In 2016, the latest year data is available for, total AfT hit a record of $38.8 billion (constant prices), doubling the amount in 2002.
• AfT disbursements to Asia and the Pacific decreased from $17.2 billion in 2015 to $15.5 billion in 2016, though in terms of share in total Official Development Aid (ODA), AfT in Asia and the Pacific remained around 30%.
• Japan, Germany and the United States were the largest providers of AfT globally, as well as to the Asia-Pacific region.
• While most of the AfT has been directed at hard infrastructure development, one of the most effective uses of AfT has been to improve trade facilitation (i.e., simplification of trade-related procedures) and trade-related public institutions and policies.
• Countries at different levels of development require different types of AfT. Collecting more complete data on AfT, including on AfT provided by developing countries to each other, would be important in better understanding the overall impact of this type of aid.

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Trade Insight 23 - 19.08.08Download