Sustainable trade
Sustainable Trade Index 2018
Published 26 June 2018
Our Sustainable Trade Index evaluates the readiness of 20 Indo-Pacific economies for sustainable trade. It was created to encourage meaningful discussions amongst policymakers and business executives about the linkages between trade and sustainability.
About the Index
The Hinrich Foundation commissioned the Economist Intelligence Unit (EIU) in 2016 to develop a bi-annual Sustainable Trade Index (STI).
STI 2018, the second in the series, evaluates the readiness of 20 Indo-Pacific economies to trade in a manner that provides environmental and social benefits in addition to economic growth.
- Economies can use the STI to benchmark their performance and evaluate the future impacts of their trade policies
- Companies can use the index dataset to evaluate the sustainability impacts of their global value chains
STI 2018 findings
The Sustainable Trade Index 2018 shows that bad policy choices are impeding Asian economies, particularly the richer ones, to participate sustainably in trade. This is a worrying trend that requires policy attention.
- As trade tensions are rising and protectionist forces are on the march, trade sustainability - and more particularly, the equitable distribution of trade benefits - have become essential considerations.
- The achievement of balanced economic, environmental and social outcomes through trade encourages global engagement and builds stronger economies.
- The lack of achievement, therefore, can hobble economic growth, heighten social tensions and strain international relations.
- On the positive side, some middle-income economies (in per capita terms) such as Sri Lanka, China and Vietnam have leapfrogged the richer ones on trade sustainability, and they are turning this into a competitive advantage.
It is now abundantly clear that countries that fall short on trade sustainability face competitiveness, social and environmental issues. APAC economies are encouraged to use the index to benchmark their performance and view positive examples of trade policy.
The STI dataset
The detailed results for the 20 economies reviewed in the STI are presented in an excel format. Results can be compared accross economies, indicators and years.
Country reports
Looking for specific information on an economy? Download an in-depth breakdown of a country's performance on the 2018 Index by clicking on the country names below.
1st | Hong Kong | 11th | India | |||
2nd | S.Korea | 12th | Malaysia | |||
3rd | Singapore | 13th | Thailand | |||
4th | Japan | 14th | Indonesia | |||
5th | USA | 15th | Brunei | |||
6th | Taiwan | 16th | Pakistan | |||
7th | Sri Lanka | 17th | Bangladesh | |||
8th | China | 18th | Laos | |||
9th | Vietnam | 19th | Cambodia | |||
10th | Philippines | 20th | Myanmar |
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Downloadable materials
Sustainable trade index white paper Presents the key findings and country rankings
Index dataset Includes the detailed country data and results for each indicators. Allows comparisions between countries, years and per indicator.
Fact sheet Shows the key figures and findings from the 2018 Index
Infographic Provides a visual representation of the key index findings