Trade and Maritime Transport Trends in the Pacific
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Trade and Maritime Transport Trends in the Pacific - Asian Development Bank
TRADE AND MARITIME TRANSPORT TRENDS IN THE PACIFIC
NOVEMBER 2020
Creative Commons Attribution 3.0 IGO license (CC BY 3.0 IGO)
© 2020 Asian Development Bank
6 ADB Avenue, Mandaluyong City, 1550 Metro Manila, Philippines
Tel +63 2 8632 4444; Fax +63 2 8636 2444
www.adb.org
Some rights reserved. Published in 2020.
ISBN 978-92-9262-430-9 (print); 978-92-9262-431-6 (electronic); 978-92-9262-432-3 (ebook)
Publication Stock No. TCS200294-2
DOI: http://dx.doi.org/10.22617/TCS200294-2
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Cover design by Edith Creus.
On the cover: The Interisland Shipping Support Project will finance a new interisland shipping terminal in Vanuatu’s capital, Port Vila, with improved berthing facilities, along with new and upgraded jetties on five outer islands (left); Apia Harbour in Samoa (right). Photos by ADB.
Contents
Figures and Boxes
Foreword
The Pacific developing member countries (DMCs) of the Asian Development Bank (ADB) rely heavily on imports to meet demand for basic goods. Key imports move primarily by maritime transport and include food, fuel, medicine, and productive resources like commercial machinery and appliances. Conversely, the export baskets of the Pacific DMCs are typically small in value and consist of a limited range of goods—often resulting in negative trade balances.
Improving trade facilitation, by upgrading seaport infrastructure and trade practices, can reduce the cost of goods and services, and improve the quality of life for communities across the Pacific. Accordingly, ADB is implementing a pipeline of projects and technical assistance to help the Pacific DMCs improve transport connectivity and overcome barriers to efficient trade. Understanding trade profiles and obstacles to efficiency is an essential first step for designing effective support to address barriers to trade.
This study seeks to fill knowledge gaps surrounding maritime trade in the region. It reviews current and projected trade patterns