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's 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.
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.
The STI 2018 also includes an in-depth breakdown of a country's performance on the 2018 Index.
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.
Highlight of related news
Dezan Shira & Associates featured the Hinrich Foundation Sustainable Trade Index 2018 in its Vietnam Briefing report.
The Philippines’ ranking on the 2018 Hinrich Foundation Sustainable Trade Index is highlighted by The Manila Times
Philippines shows major improvement, becomes ‘most educated population’ among all low income countries on the 2018 Hinrich Foundation Sustainable Trade Index.
Feature on Hong Kong’s first place ranking and other key findings from the Hinrich Foundation Sustainable Trade Index 2018.
Coverage of key themes and top results from the Hinrich Foundation Sustainable Trade Index 2018.
It slipped two places down to third this year after topping the list in 2016.
26 November 2018
The Hinrich Foundation, in partnership with Konrad Adenauer Foundation organised an international workshop on Sustainability in Global Value Chains (GVCs) at the Harbour Grand Hotel Kowloon, Hong Kong, on November 14, 2018.
26 November 2018
On November 23, 2018, Hinrich Foundation Research Fellow Stephen Olson presented the 2018 Sustainable Trade Index (STI) at an event organized by Hinrich Foundation, in partnership with the Vietnam Chamber of Commerce and Industry (VCCI) in Hanoi, Vietnam.
23 October 2018
On October 5, 2018, Hinrich Foundation Research Fellow Stephen Olson presented the 2018 Hinrich Foundation Sustainable Trade Index findings at the Thunderbird Independent Alumni Association (TIAA) Professional Development Conference 2018. The event was organized by TIAA in partnership with Thunderbird School of Global Management and Arizona State University and was held in Penang, Malaysia.
05 October 2018
Hinrich Foundation Research Fellow Stephen Olson on October 4, 2018 presented the 2018 Sustainable Trade Index findings at the 5th Green Industry Conference for Sustainable Development, organized by United Nations Industrial Development Organization and United Nations Economic (UNIDO) and Social Commission for Asia and the Pacific (UNESCAP) with the support of Ministry of Industry, Kingdom of Thailand.
28 September 2018
On September 25, 2018, Hinrich Foundation Research Fellow Stephen Olson spoke at the United Nations headquarters in Bangkok, Thailand about the importance of sustainable foreign direct investment (FDI) for the Asia-Pacific region.
26 September 2018
Hinrich Foundation Research Fellow Stephen Olson presented the findings of the 2018 Sustainable Trade Index (STI) at the Asian Development Bank (ADB) in Manila on Tuesday, September 4th, 2018.
11 September 2018
On Tuesday, September 4th, Hinrich Foundation launched the 2018 Sustainable Trade Index (STI) in Manila at the Makati Shangri-La.
13 July 2018
The Hinrich Foundation released key findings from the Hinrich Foundation Sustainable Trade Index 2018 at an event hosted by the Economic Research Institute for ASEAN and East Asia (ERIA) in Jakarta, Indonesia on July 11, 2018.
27 June 2018
On June 26, 2018, the Hinrich Foundation hosted a plenary panel on US-China trade tensions at the East-West Center’s (EWC) International Media Conference in Singapore.
27 June 2018
On June 26, 2018, Hinrich Foundation and the Economist Intelligence Unit launched the 2018 Hinrich Foundation Sustainable Trade Index at the East-West Center’s (EWC) International Media Conference in Singapore. The EWC event at Singapore Management University was attended by hundreds of media professionals from across the world.