The global network of imports and exports is no longer just the North-South paradigm of the past century. Increasingly we are seeing developing countries as producers and as markets for each other and this is one of the growing patterns of the new landscape of trade. To illustrate the growing shift, we only have to look at the evolution of merchandise trade between developing countries, which has expanded considerably in the past 20 years growing much faster than North-South trade. A recent report by UNCTAD notes that in 2010 South-South exports made up 23 per cent of world trade compared to just 13 per cent in 2000. Developing countries are now the largest market for other developing countries. While this is encouraging, the contribution of developing regions to South-South trade is highly skewed. Asian countries make up more than 80 per cent of South-South trade, with the shares of Africa and Latin America being just 6 per cent and 10 per cent respectively in 2010.