Intra-regional trade volume (US$)
Intra-regional trade refers to the exchange of goods between countries located in the same geographic region. With growing trade, regions become increasingly economically integrated. The intra-regional trade volume is add up three countries' customs annual import data together. For a given country, imports are usually recorded with more accuracy than exports because imports generally generate tariff revenues while exports don't.
Source: Trilateral Cooperation Secretariat calculated based on China, Japan and the Republic of Korea customs data.
Topic: Trade Statistics
Aggregation Method: Sum
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