Trade relations between South-East Asia and Sub-Saharan Africa: The promises of further South-South cooperation

Couverture ASE2020Diadié DIAW

Thi Anh-Dao TRAN

Since the 2008 global crisis, the weight of South-South exports has exceeded that of South-North exports: in 2018, 57.6% of total exports from developing countries (here referred to as "the South") were destined for other developing economies. On this basis, it is possible to understand increasing trade ties between the countries of South-East Asia (SEA) and Sub-Saharan Africa (SSA) since the beginning of the 21st century, in the wake of a trade revival among developing countries which has been shaped by the rise of China. The objective here is to analyze the intensified trade between the countries of SEA and SSA: how has this trade developed in a more general trend connecting Africa and Asia on the one hand, and in inter-regional relations between Southern countries on the other hand? What are the major obstacles to this commercial momentum and which kind of policies would be required to cope with them?

Keywords: South-South trade, Southeast Asia, Sub-Saharan Africa, Global value chains, Economic cooperation