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Kamis, 13 Januari 2011

Credit Suisse Non-Japan Asia Economics - Which countries' trade balance are more vulnerable to a food price hike?

● As a follow-up to our last report, Feeding Asia inflation: assessing the food price risk, we explore which countries are the winners and losers from rise in global food prices in terms of trade balance
and GDP.
● Judging by the net export position for food, Thailand, Malaysia, and Indonesia stand out as the countries that are likely to benefit from higher global food prices.
● Most countries that are net food importers are also net fuel importers, except Thailand, and to a lesser extent India.
● In the event that both fuel and food prices edge higher, trade balance of Korea, the Philippines and Singapore will be the most vulnerable.
Posted by Saham Pilihan at 05.36

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