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A73/208 Figure vil Share of least developed countries in goods export values, by sector 1995 2005 2025 Natural resources -Animals and agriculture Apparel and textiles- Manufactures and other Source UNCTAD Note: Four major product sectors were chosen, given their importance for exports in least developed countries Classification revision 3 / ary commodities except agricultural commodities(Standard International Trade commodities and animals (SITC 3 codes 0, 1, 21, 22, 24, 26, 29, 4); apparel and textiles include leather goods, textiles, clothing and footwear(SItC 3 codes 61, 65, 83, 84, 85); and manufactures and other include all other good 16. Structural transformation and productive capacity are essential to reducing the vulnerability of commodity-dependent exporting least developed countries to external price and demand shocks. However, effective market access also continues to o present a barrier to increasing exports of least developed countries. Sustainable Development Goal target 17 12 calls for duty-free and quota-free market access for all least developed countries and transparent and simple rules of origin. In addition n its research. 8,% UNcTad has shown that issues such as non-tariff measures logistics, connectivity and trade facilitation can represent more significant barriers to exports than tariffs. To ensure that least developed countries increase their export share until 2020 and beyond, coherence among different policy areas is needed and multilateral trading system an essential public good. lo erships should be supported by strengthened global partnerships, which makes the alessandro Nicita and Julia Seiermann, G20 Policies and Export Performance of Least Developed Countries, Policy Issues in International Trade and Commodities, Study Series No. 75 (Geneva, UNCTAD, 2016) 9 UNCTAD, "Trade facilitation and development; driving trade competitiveness, border agency effectiveness and strengthened governance", Transport and Trade Facilitation Series No. 7(2016) to Mukhisa Kituyi, "How to ensure the continued participation of least developed countries in th multilateraltradingsystem?"UnctaD,3February2016.AVailableathttp:/unctad.org/en /pages/newsdetails. aspx?Original VersionlD=1196 18-12039 922A/73/208 18-12039 9/22 Figure VII Share of least developed countries in goods export values, by sector Source: UNCTAD. Note: Four major product sectors were chosen, given their importance for exports in least developed countries: natural resources include primary commodities except agricultural commodities (Standard International Trade Classification revision 3 (SITC 3) codes 27, 28, 3, 68, 667, 971); animals and agriculture include agricultural commodities and animals (SITC 3 codes 0, 1, 21, 22, 24, 26, 29, 4); apparel and textiles include leather goods, textiles, clothing and footwear (SITC 3 codes 61, 65, 83, 84, 85); and manufactures and other include all other goods. 16. Structural transformation and productive capacity are essential to reducing the vulnerability of commodity-dependent exporting least developed countries to external price and demand shocks. However, effective market access also continues to represent a barrier to increasing exports of least developed countries. Sustainable Development Goal target 17.12 calls for duty-free and quota-free market access for all least developed countries and transparent and simple rules of origin. In addition, in its research, 8 , 9 UNCTAD has shown that issues such as non-tariff measures, logistics, connectivity and trade facilitation can represent more significant barriers to exports than tariffs. To ensure that least developed countries increase their export share until 2020 and beyond, coherence among different policy areas is needed and should be supported by strengthened global partnerships, which makes the multilateral trading system an essential public good. 10 __________________ 8 Allessandro Nicita and Julia Seiermann, G20 Policies and Export Performance of Least Developed Countries, Policy Issues in International Trade and Commodities, Study Series No. 75 (Geneva, UNCTAD, 2016). 9 UNCTAD, “Trade facilitation and development: driving trade competitiveness, border agency effectiveness and strengthened governance”, Transport and Trade Facilitation Series No. 7 (2016). 10 Mukhisa Kituyi, “How to ensure the continued participation of least developed countries in the multilateral trading system?”, UNCTAD, 3 February 2016. Available at http://unctad.org/en /pages/newsdetails.aspx?OriginalVersionID=1196. 0 1 2 3 4 5 6 7 8 9 1995 2000 2005 2010 2015 2020 2025 Percentage Natural resources Natural resources Animals and agriculture Animals & agriculture Apparel & textiles Apparel and textiles Manufactures & other Manufactures and other
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