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World Trade Blocs
Click on the graphic for information on the four World Trade Blocs.

Asia-Pacific Economic Cooperation forum
Members:
Australia
Brunei
Canada
Chile
China
Hong Kong
Indonesia
Japan
South Korea
Malaysia
Mexico
New Zealand
Papua New Guinea
Peru
Philippines
Russia
Singapore
Taiwan
Thailand
United States
Vietnam
Trade Flow:
exports $2,592bn
imports $2,581bn
Asia-Pacific Economic Cooperation forum



The Asia-Pacific Economic Cooperation forum is a loose grouping of the countries bordering the Pacific Ocean who have pledged to facilitate free trade. Its 21 members range from China and Russia to the United States, Japan and Australia, and account for 45% of world trade. Progress on free trade initiatives was seriously dented by the Asian crisis, which hurt the economies of the fast-growing newly industrialised countries like South Korea and Indonesia.