Research on World Agricultural Economy

ASEAN’s Ocean-Linked Merchandise and Trade Facilitation: A Quantitative Assessment of Regional Trade Flows

Manh Hung Nguyen

Ho Chi Minh National Academy of Politics, Hanoi, Vietnam

Thi Phuong Lan Nguyen

Faculty of Economics and Business, VNU University of Economics and Business, Hanoi, Vietnam

Cam Tu Nguyen

Department of International Business, Faculty of Economics and Business, VNU University of Economics and Business, Hanoi 100000, Vietnam

Dieu Linh Mai

Faculty of Economics and Business, VNU University of Economics and Business, Hanoi, Vietnam

Thi Thu Hoai Vu

Faculty of Economics and Business, VNU University of Economics and Business, Hanoi, Vietnam

Anh Van Le

Faculty of Economics and Business, VNU University of Economics and Business, Hanoi, Vietnam

Thi Mai Thanh Tran

VNU University of Economics and Business

DOI: https://doi.org/10.36956/rwae.v6i4.2172

Received: 18 May 2025; Published: 18 August 2025

Abstract

Situated within the strategic context of the ASEAN Blue Economy Framework, this paper presents a quantitative assessment of the multifaceted influence of trade facilitation (TF) on ocean-linked merchandise trade. Using a gravity model with PPML estimation on panel data for nine ASEAN coastal countries and thirty-three global partners from 2017 to 2022, the analysis provides a distinct examination of intra-ASEAN and extra-ASEAN trade flows, employing an expanded classification of ocean-linked goods and updated TF metrics. The results consistently show that TF reforms significantly boost maritime commerce by minimizing border delays and transaction costs, with the trade-enhancing effects being more pronounced for trade with partners outside the ASEAN region. Among the different dimensions, effective governance and improved transparency were found to be particularly impactful catalysts for trade. However, the analysis also confirms that these positive trends were hindered by persistent impediments, such as geographical distance, and were significantly counteracted by adverse policy and economic shocks in 2019 and 2022. These findings underscore the necessity of a targeted TF strategy for ASEAN, focusing on strengthening governance and transparency to enhance efficiency, build supply chain resilience, and sustainably harness the region's strategic maritime potential.

Keywords: Trade Facilitation, Ocean-Linked Merchandise, Maritime Commerce, ASEAN, Gravity Model

References