When we concentrate on International merchandise trade data, ASEAN as an entity registered total exports of US $12, 42, 286 millions. Singapore again manage to top the charts by representing almost one third of the total exports whereas Laos stayed at the bottom of the list with exports as low as US $1746 millions. In terms of Imports, ASEAN in aggregate registered imports worth US $11, 46, 305 millions, out of which a larger share came from Singapore with aggregate imports worth US $365, 709 millions which is again approximately 1/3rd of the total imports. These facts signify how important Singapore is in ASEAN. There are nations like Laos, The Philippines, Thailand and Vietnam who also carried a burden of trade deficit.