Each sectoral profile provides insights into the trade linkages within manufacturing industries, focusing on the inputs for exports and key trends in global value chain (GVC) participation. The profiles detail the contributions of various industries and regions to specific sectors.
The Food and Beverages Sectoral Profile reveals that the agro-industry contributes 29% to global food and beverage exports. Other significant contributors include agriculture at 21%, services at 38%, and other manufacturing at 9%. The profile highlights regional operations, noting that in 2022, North America produced 85% of its food and beverage exports domestically. Asia produced 76% within the region, while Europe had a lower percentage at 62%, indicating stronger global market connections for European businesses.
"During the COVID-19 crisis, food supply chains were among the most resilient from the manufacturing sector," states the profile. It also mentions impacts from "the war in Ukraine and its repercussions on energy and food prices, grain shortages and deteriorated access to staple cereals and fertilizers." Furthermore, it emphasizes that "global food security as well as sustainability issues are legitimate policy objectives at the heart of WTO activities and negotiations."
The Textiles and Clothing Sectoral Profile examines value-added patterns in China and India, noting domestic content levels of 89% and 83% respectively in their exports for 2022. In contrast, South-East Asian economies like Viet Nam (64%), Cambodia (58%), and Indonesia (49%) rely heavily on foreign suppliers for their value-added exports.
"In 2005, the WTO Agreement on Textiles and Clothing, which succeeded the Multi-Fibre Arrangement, expired," explains the profile. This change ended a trade regime based on quotas and restrictions for developing economies' exports. As a result, these countries integrated more effectively into textiles and clothing supply chains by leveraging their comparative advantages.
Additional GVC Sectoral Profiles will be released soon. A user guide is available online alongside a new GVC Dashboard that offers an online version of graphs from these profiles with comprehensive data coverage.
These profiles use WTO calculations based on estimates from Asian Development Bank (ADB) Multi-Regional Input-Output (MRIO) tables as of June 2023. These tables cover trade in goods and services up until 2022 across 72 economies and 35 sectors classified under ISIC Revision 3.1.