Comprised of Brunei, Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam, the ASEAN countries are hungry for U.S. products and services.
Indonesia's GDP alone, at $143 bil-lion, is the largest in Southeast Asia, and the country has one of the 10 fastest-growing economies in the world. U.S. companies looking to penetrate Indonesia have an advantage if their specialties are telecommunications or energy. Energy-related imports from the United States, valued at $119 million in 1991, are estimated to grow to $162 million by 2000. Other burgeoning industries in Indonesia are transportation, environmental, manufacturing, telecommunications, health technology and infrastructure.
U.S. exports to the ASEAN countries are pretty impressive: $15.3 billion to Singapore, $8.8 billion to Malaysia; $6.7 billion to Thailand, $5.3 billion to the Philippines, $253 million to Vietnam and $190 million to Brunei.