Which RCEP markets did Deloitte classify as mature versus developing?

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Deloitte's Classification of RCEP Markets by Development Stage

Deloitte's Technology-empowered Digital Trade in Asia Pacific report classified RCEP member countries into three tiers: mature, developing, and early-stage markets. Mature markets identified were China, South Korea, Singapore, and Japan. Developing markets included Malaysia, Thailand, Indonesia, Vietnam, and the Philippines. Early-stage markets comprised Myanmar, Cambodia, Laos, and Brunei.
Mature Markets Identified

In its assessment of the RCEP region, Deloitte designated China, South Korea, Singapore, and Japan as mature markets. These economies are generally characterised by established digital infrastructure and higher levels of digital trade penetration.
Developing Markets Identified

Malaysia, Thailand, Indonesia, Vietnam, and the Philippines were categorised by Deloitte as developing markets within the RCEP framework. While these nations exhibit significant e-commerce growth, as seen with Malaysia ranking first in growth among RCEP members, their overall cross-border e-commerce development may be constrained by factors such as logistics infrastructure.
Early-Stage Markets Identified

The report further identified a group of markets as early-stage. These include Myanmar, Cambodia, Laos, and Brunei. This classification suggests these countries are in the nascent phases of digital trade development compared to the other RCEP members.

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Which RCEP markets did Deloitte classify as mature versus developing?

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