Index Accelerates Digitalization of Port Commodity Trade and Helps Realize Interconnection between Industrial Chain and Supply Chain

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The RCEP Seaborne Trade Index Report 2022 took the 14 member countries except for Laos of the RCEP as the research objects and selected six major categories of cargo, including container cargo, iron ore, coal, petroleum products, LNG, and automobiles, which accounted for about two-thirds of the RCEP seaborne trade volume, as the analysis objects to reflect the annual development trend of the RCEP seaborne trade from the two dimensions -- overall trade volume and seaborne trade volume. The RCEP Seaborne Trade Index was 101.1 in 2021, which had exceeded the highest level before the COVID-19 pandemic (2019). The report also pointed out that it would have a positive effect on the seaborne trade of goods in the region in the future, driving the RCEP Seaborne Trade Index to further go up, with the liberalization and facilitation of RCEP trade in goods as well as the continuous deepening of the rules for accumulation in the region of origin.