U.S. tops China as ASEAN's largest export destination

Positions flip-flop for 1st time in 6 quarters, following supply chain shift

A Bangkok port: ASEAN has a new No. 1 export market now that the U.S. is increasing its procurement of electronic parts from the bloc and China's economy is stagnating. © Reuters

ATSUSHI TOMIYAMA, NORMAN GOH and APORNRATH PHOONPHONGPHIPHAT, Nikkei staff writers

June 13, 2024 12:41 JST

TOKYO/KUALA LUMPUR/BANGKOK -- ASEAN countries' exports to the U.S. in the January-March period surpassed those to China for the first time in six quarters as the region's trade appears to be shifting along with moves in the global supply chain.