Why ASEAN Matters
Created in partnership with the East-West Center in Washington and the ISEAS-Yusof Ishak Institute, "ASEAN Matters for America" explores the important and multi-faceted relationship between the United States and the Association of Southeast Asian Nations (ASEAN) across diplomatic, strategic, economic, cultural, and social dimensions.
About the Report
The US-ASEAN Business Council is proud to present the seventh edition of "ASEAN Matters for America," produced in partnership with the East-West Center in Washington and the ISEAS-Yusof Ishak Institute.
This landmark project maps the trade, investment, employment, business, diplomacy, security, education, tourism, and people-to-people connections between the United States and the member states of the Association of Southeast Asian Nations (ASEAN) at the national, state, and local levels. The publication was produced with the generous support of AIG, Atlas Air Worldwide, Micron Technology, Citi, Freeport-McMoRan, and Zuellig Pharma.
At this pivotal time for U.S.-ASEAN economic relations, this publication includes several crucial statistics underlining the region’s significance. For instance, the publication finds that U.S.-ASEAN trade has surged to $553 billion annually, with ASEAN now America’s 4th largest export market. Furthermore, ASEAN is projected to become the world's 4th largest economy by 2030.