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The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)

Table 2 GDP growth and changes in gross and finished goods export

From: Global and regional shock transmission: an Asian perspective

 

JP

CH

KR

TW

SG

MY

TH

ID

PH

US

UK

GR

FR

GDP growth in 2009

− 5.5

9.2

0.7

− 1.6

− 0.6

− 1.5

− 0.7

4.6

1.1

− 2.8

− 4.2

− 5.6

− 2.9

Change in export from 2008 to 2009 ($ billion) and industry Share as percent of manufacturing export

Manufacturing Industry

 Gross

− 176.0

− 207.1

− 39.6

− 49.3

− 31.0

− 28.8

− 16.7

− 12.8

− 9.3

− 238.0

− 84.7

− 298.0

− 103.0

 Finished goods

− 112.2

− 72.2

− 14.6

− 21.0

− 9.5

− 9.0

− 10.5

− 1.2

− 1.9

− 104.1

− 43.6

− 134.1

− 46.0

Transport equipment

 Gross

− 69.2

− 11.0

− 10.5

− 0.9

− 0.7

0.1

− 5.3

− 0.7

− 0.3

− 119.7

− 18.9

− 80.3

− 26.3

  (Industry share)

39.3

5.3

26.5

1.8

2.3

− 0.3

32.0

5.3

3.3

50.3

22.3

27.0

25.6

 Finished goods

− 61.0

− 5.7

− 8.3

− 0.2

− 0.1

0.3

− 3.6

− 0.3

0.3

− 71.4

− 13.9

− 59.6

− 17.3

  (Industry share)

54.4

7.9

57.0

0.7

1.3

− 3.0

34.0

26.5

− 17.7

68.5

31.8

44.4

37.5

Electric machinery

 Gross

− 31.0

− 47.6

− 7.4

− 22.1

− 20.2

− 14.6

− 4.6

− 0.3

− 6.1

− 23.4

− 15.4

− 36.5

− 10.4

  (Industry share)

17.6

23.0

18.7

44.9

65.1

50.7

27.9

2.5

65.9

9.8

18.1

12.2

10.1

 Finished goods

− 13.1

− 25.5

− 0.7

− 12.2

− 6.2

− 6.3

− 2.8

0.7

− 1.5

− 11.1

− 10.9

− 17.9

− 5.0

  (Industry share)

11.7

35.3

5.0

57.8

65.7

69.6

26.3

− 56.2

77.9

10.7

25.0

13.4

10.9

  1. Bold values show top three worst affected countries by GFC. Industry share is ratio (in percent) of industry-specific export to manufacturing export
  2. Sources: GDP: CEIC database; Exports: authors' calculation from the UN Comtrade