Price movements in the international trade and Asian developing countries’ exports
Price movements in the international trade and Asian developing countries’ exports

Summary/Abstract: The paper evaluates the impact of new price relations on the changes in the geographical structure of international trade in the previous decade, based on the example of Asian developing economies. First, the general price tendencies are described and the role of Asian developing countries in international trade is discussed. These are followed by a cross-sectional analysis of unit value indicators for individual countries and regions as well as of the changes in their relevance to the world exports. Emphasis was put in particular on the analysis of the differences in export volume dynamics as a significant determinant of export value. The research carried out by the authors indicates that the impact of new price relations has proved much less significant than it might be conceived based on the analysis of changes in real commodity prices alone. It was the huge differences in export dynamics (between individual regions and countries) that turned out to be the most relevant factor.

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