In Table 2, we present FKI calculations for the same countries, with somewhat different results, particularly for Singapore. For the ASEAN-4, the export similarity calculations fall between 0.261 (Philippines–Indonesia, 1995) and 0.53 (Philippines–Malaysia, 1999) in the U.S. market.8 Second, the FKIs increase over time in the case of every country pair, with the exception
of Malaysia and Thailand. Moreover, the trend is upward in all cases except one, but this time it is the Philippines and Thailand experiencing a slight decline in the index.