Ov Overview w pre present ntation LLDCs Cs Trad Trade Pe - PowerPoint PPT Presentation

Ov Overview w pre present ntation – LLDCs Cs Trad Trade Pe Perf rform rmanc nce Ms. Nnana Pheto Economic Affairs Officer UN-OHRLLS UN-OHRLLS UN-OHRLLS

% share of Merchandise exports LLDCs Trade Performance (2010 -2017) 25 23.5 23.103 22.06 21.867 21.28 21.032 20.489 19.979 20 15 10.2 10.138 9.956 9.668 9.625 9.543 9.452 9.319 10 5 1.205 1.212 1.187 1.076 0.96 0.877 0.913 0 2010 2011 2012 2013 2014 2015 2016 2017 LLDCs Transit countries Transit countries excluding China UN-OHRLLS UN-OHRLLS

Trade Performance with the LLDCs Group Kazakhstan Turkmenistan Azerbaijan Uzbekistan Paraguay Botswana Bolivia Zambia Mongolia TFYR of Macedonia Ethiopia Lao PDR Zimbabwe Uganda Mali Burkina Faso Republic of Moldova Armenia Chad Kyrgyzstan Swaziland Niger Malawi Lesotho Tajikistan Rwanda Nepal Afghanistan Bhutan Burundi Central African Republic 0 5 10 15 20 25 30 UN-OHRLLS UN-OHRLLS

Share of primary commodities and manufactured goods in exports (percentage 100 90 80 70 60 50 40 30 20 10 0 LLDCs Developed economies Developing economies World 1995 2003 2008 2013 2016 . 1995 2003 2008 2013 2016 . 1995 2003 2008 2013 2016 . 1995 2003 2008 2013 2016 Manufactured goods Primary commodities, precious stones and non-monetary gold UN-OHRLLS UN-OHRLLS

African LLDCs Trade Performance (2017)  Merchandise exports  Average share = 0.0014  Total share = 0.212  Merchandise imports  Average share = 0.023  Total share = 0.343  Trade deficit = USD 24.2 billion UN-OHRLLS UN-OHRLLS

What are the Challenges? • Low productive capacities • High trade cost • Import restrictions • Non-tariff barriers • Tariff escalations and tariff peak • SMMEs lack the capacity to participate in international trade • Uncoordinated planning UN-OHRLLS UN-OHRLLS

Trade Facilitation Indicators TFI 1.2 1 0.8 0.6 0.4 0.2 0 UN-OHRLLS UN-OHRLLS

Trade Facilitation indicators  Areas where there is good progress:  Fees and charges  Involvement of traders  Appeals procedures  Areas where there is limited progress  Advance rulings  Internal and external boarder cooperation  Automation  Information Availability UN-OHRLLS UN-OHRLLS

Suggested recommendations  International trade • Addressing trade capacities challenges of the LLDCs (human, institutional and infrastructure) –Enhanced Aid to trade to LLDCs • Intensify industrialization in the LLDCs through linkages with regional value and global value chains • Address tariff peaks and escalations as well as non- tariff barriers imposed on manufactured goods • Enhance intra-regional trade • Special economic zones – targeted industries • Address trade financing challenges faced by the SMMEs • Multilateral and regional solutions UN-OHRLLS UN-OHRLLS

Suggested recommendations  Trade Facilitation • The LLDCs need to develop clear trade facilitation implementation plans and should priorities measures that can have greater impact in reducing high trade cost. • Support to the LLDCs should be enhanced • There are good initiatives in place at national, sub- regional and regional level – implementation need to be enhanced • Full implementation of TFA-including best endeavor measures proven to have greater impact. • Transit corridors UN-OHRLLS UN-OHRLLS

Thank You Find out more on the midterm review of the Vienna Programme of Action at www.lldc2conference.org/mtr UN-OHRLLS UN-OHRLLS