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Why ASEAN, Why Now? U.S. Commercial Service May 8, 2013 U.S. Commercial Service, Singapore.

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Presentation on theme: "Why ASEAN, Why Now? U.S. Commercial Service May 8, 2013 U.S. Commercial Service, Singapore."— Presentation transcript:

1 Why ASEAN, Why Now? U.S. Commercial Service May 8, 2013 U.S. Commercial Service, Singapore

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3 1.Population of 600 million—100 million more than EU 2.U.S. exports of $76 billion>India and Brazil combined 3.4th largest export market-- 80% increase in a decade 4.Service exports exceeded $19 billion—$8 billion surplus 5.Electrical Machinery; Machinery; Aircraft; Mineral Fuel and Oil; Optic and Medical Instruments 10 Fast Facts about the “Power of Ten” Source: U.S. Dept of Commerce

4 U.S. Commercial Service, Singapore 6.Average growth rates is in excess of 6.0 (World Bank) 7.Top U.S direct investment destination in Asia-$160 billion 8.Singapore home to $116 billion—only Australia has more 9.ASEAN Meetings—2,000—But Which One? 10. What are top six export markets by size? 10 Fast Facts about the “Power of Ten” Source: U.S. Dept of Commerce


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