Asia-Pacific Economic Cooperation
APEC is a 21-member intergovernmental economic forum established in 1989 that promotes trade, investment, and economic cooperation across the Asia-Pacific through consensus-based dialogue, working groups, and platforms including the Business Travel Card.
- Company typePrivate
- Founded1989
- HeadquartersSingapore, Singapore
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Asia-Pacific Economic Cooperation does
APEC is a regional economic forum established in 1989, comprising 21 member economies—Australia, Brunei Darussalam, Canada, Chile, China, Hong Kong China, Indonesia, Japan, Korea, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, the Philippines, Russia, Singapore, Chinese Taipei, Thailand, the United States, and Vietnam—representing approximately 3.0 billion people and 59.4% of world GDP. It operates on consensus-based decision-making rather than binding obligations, functioning as a coordination platform for governments, businesses, and stakeholders to address common challenges including trade barriers, regulatory inconsistencies, supply chain vulnerabilities, food security, the digital divide, and population aging. The organization has no equity, no shareholders, and no commercial revenue; it is collectively owned and funded by its 21 member economies.
Core products and platforms include the APEC Business Travel Card (physical and virtual) for expedited business mobility across member economies, the APEC Trade Repository and Meeting Document Database for information dissemination, the Policy Support Unit's research publications, the Projects Database tracking over 1,400 initiatives since 2021, and the Asia-Pacific Information Platform on Food Security. Digital initiatives include the APEC Internet and Digital Economy Roadmap (AIDER), electronic travel facilitation measures (e-visas, e-gates, e-forms), and digital tools for marine monitoring. Operations are supported by a Secretariat of 101–250 staff headquartered at 35 Heng Mui Keng Terrace, Singapore, with policy work distributed across committees (Trade and Investment, Economic Committee, Budget and Management), policy partnerships (Food Security, Women and the Economy), and working groups (Health, Ocean and Fisheries, Tourism, Energy, Digital Economy).
APEC's revenue model is contribution-based: mandatory member-economy assessments fund core operations, supplemented by earmarked contributions to thematic sub-funds such as Chinese Taipei's USD 1.5 million healthcare sub-fund and Japan's JPY 90.1 million clean energy cooperation contribution in 2026. No fees are charged for participation. The go-to-market is fundamentally event-driven—annual Leaders' Meetings, Ministerial Meetings, Senior Officials' Meetings, CEO Summits, and ABAC engagements—augmented by publications, digital platforms, and outreach to business (ABAC), MSMEs, and thematic beneficiary populations. Customer segments span governments, the business sector (especially through ABAC's three delegates per economy), MSMEs, women in the regional labor force (~600 million), and aging populations in member economies.
Asia-Pacific Economic Cooperation firmographics
Firmographics- Name
- Asia-Pacific Economic Cooperation
- Legal name
- Asia-Pacific Economic Cooperation
- Website
- https://apec.org
- Company type
- Private
- Founded year
- 1989
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- APEC is a 21-member intergovernmental economic forum established in 1989 that promotes trade, investment, and economic cooperation across the Asia-Pacific through consensus-based dialogue, working groups, and platforms including the Business Travel Card.
- Ownership category
- akta.pro rank
Asia-Pacific Economic Cooperation industry classification
Industry- Product category
- International Economic Cooperation
- NAICS
- Administration of General Economic Programs (92611), Administration of Economic Programs (9261)
- SIC
- International Affairs (9721)
- akta.pro primary industry
- International Economic & Trade Cooperation Organizations (BPADAAAC)
- akta.pro secondary industry
- Health Systems Strengthening & Universal Health Coverage (UHC) Partnerships (HLAJAOAL)
Keywords
Where Asia-Pacific Economic Cooperation is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices1 record
Markets served
Asia-Pacific Economic Cooperation business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Others
Revenue model
- Member Contributions: APEC is funded through contributions from its 21 member economies. The organization does not charge fees for participation or membership.
- Earmarked Contributions for Sub-Funds: Member economies make targeted contributions to specific APEC sub-funds. Examples include Chinese Taipei's USD1.5 million contribution to APEC's first dedicated healthcare sub-fund, and Japan's JPY90.1 million contribution to advance clean energy cooperation.
Go-to-market motion1 record
Distribution channels6 records
Marketing channels6 records
Asia-Pacific Economic Cooperation product offering
Product offeringCore offering
APEC is an intergovernmental regional economic forum established in 1989 that promotes sustainable economic growth, trade, and investment cooperation across 21 member economies in the Asia-Pacific region. It coordinates policy dialogue, produces research and analysis through its Policy Support Unit, and administers the APEC Business Travel Card scheme for streamlined cross-border business travel among member economies.
Product overview
APEC (Asia-Pacific Economic Cooperation) is a regional economic forum, not a commercial product company. It operates as a platform-plus-initiatives model consisting of policy coordination, working groups, and member programs. Key offerings include the Policy Support Unit (PSU) for research and analysis, the APEC Business Travel Card (ABTC) for business mobility, the APEC Trade Repository for trade information, the APEC Projects Database for tracking initiatives, and the Food Information Platform (APIP) for food security. Additional programs include the APEC CEO Summit for business-government dialogue, APEC App Challenge for technology innovation, ASPIRE Science Prize, and the Healthy Women, Healthy Economies initiative. These work together through 21 member economies to promote economic cooperation, trade, and prosperity across the Asia-Pacific region.
Differentiator
Problem solved
Functional benefit
Products and services
- APEC Business Travel Card A travel facilitation document that allows pre-cleared business travelers from participating APEC economies to enter member economies for short-term business trips using simplified, expedited border-crossing procedures.
- APEC Digital Economy Roadmap (AIDER) A cooperative framework that supports member economies in building digital economy infrastructure and policies, including internet and digital economy development, ICT integration, digital trade, and innovation.
- Policy Support Unit (PSU) Research Independent research and analysis provided by APEC's Policy Support Unit, delivering evidence-based research on trade, investment, and economic policy issues for member economies.
- APEC Economic Policy Dialogue and Summits Recurring high-level meetings, ministerial gatherings, and Leaders' Summits where representatives from the 21 member economies negotiate and coordinate on regional economic and trade policies.
Quantifiable outcome
- 3.2% GDP growth projected for APEC region in 2025
- +3 more outcomes
Companies that use Asia-Pacific Economic Cooperation
Customer profileNamed customers5 records
Segments6 records
Ideal customer profiles2 records
Asia-Pacific Economic Cooperation technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Asia-Pacific Economic Cooperation partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core and minor.
- World Trade Organization (WTO)coreAPEC maintains close working relationships with the WTO, recognizing it as central to the rules-based multilateral trading system. APEC supports WTO reform and collaborates on trade facilitation, with APEC Ministers encouraging WTO members to work together on addressing trade challenges.
- APEC Business Advisory Council (ABAC)coreABAC is APEC's primary voice for business in the Asia-Pacific region. Established in 1995, it presents recommendations to APEC Leaders and advises APEC officials on business sector priorities. ABAC is made up of three members per APEC member economy, appointed by the Head of State or Government.
- APEC Study Centers ConsortiumminorNetwork of academic institutions conducting research and analysis on APEC-related topics, supporting the policy work of APEC through academic research and analysis.
- Association of Southeast Asian Nations (ASEAN)coreAPEC has engaged with ASEAN at various meetings and events. ASEAN representatives have participated in APEC ministerial meetings and forums, with both organizations cooperating on economic and trade matters.
- United NationsminorAPEC aligns its work with UN frameworks including the 2030 Sustainable Development Agenda. APEC's Women and the Economy Dashboard uses data from UN agencies and other international organizations.
- World BankminorAPEC's Women and the Economy Dashboard uses World Bank data alongside other international sources for tracking progress on gender equality and women's economic empowerment.
- International Labor OrganizationminorAPEC's Women and the Economy Dashboard incorporates ILO data for tracking women's economic participation across member economies.
- World Economic ForumminorAPEC's Women and the Economy Dashboard uses data from the World Economic Forum for gender gap analysis across member economies.
- Food and Agriculture Organization (FAO)minorAPEC aligns its food security work with FAO frameworks and data, including reference to FAO estimates on global food loss and waste (one-third of food produced globally, equivalent to 1.3 billion metric tons annually).
- Pacific Economic Cooperation Council (PECC)minorPECC participates as an observer in APEC ministerial meetings, contributing to economic cooperation dialogue in the region.
- United Nations Conference on Trade and Development (UNCTAD)minorUNCTAD's Acting Secretary-General participates in APEC Ministers Responsible for Trade meetings, contributing to discussions on global trade challenges and cooperation.
Scale indicators19 records
Recent moves6 records
Expansion highlights5 records
Asia-Pacific Economic Cooperation competitors and assessment
Company assessmentEmerging players
- BRICS: Intergovernmental association of major emerging economies (Brazil, Russia, India, China, South Africa and new members). Comparable as a forum for emerging-economy economic coordination and includes APEC members China and Russia; increasingly competitive with APEC's convening role.
Broad incumbents
- European Union (EU): Supranational economic and political union with binding trade and regulatory rules among member states. Comparable to APEC in coordinating economic integration and standards alignment across many member economies, but with a much deeper institutional and enforcement structure.
- African Union (AU): Continental intergovernmental organization promoting economic integration and cooperation across African member states. Comparable to APEC as a regional cooperation forum focused on trade facilitation, integration, and capacity building among a diverse group of economies.
- Organisation for Economic Co-operation and Development (OECD): Intergovernmental economic cooperation organization with policy research and standards-setting functions. Comparable to APEC in mandate (economic cooperation, policy dialogue) but covers mostly advanced economies and produces binding peer reviews rather than consensus-based voluntary commitments.
- G20: Premier forum for international economic cooperation among major advanced and emerging economies. Comparable in convening role and economic-coordination mandate, but operates at a higher political level and includes major non-APEC economies like the EU, UK, and several African states.
Direct peers
- World Trade Organization (WTO): Multilateral organization governing global trade rules. Directly comparable to APEC as a forum where APEC member economies coordinate trade policy and where APEC explicitly positions itself as supporting the WTO-led rules-based system.
- Association of Southeast Asian Nations (ASEAN): Regional intergovernmental organization with 10 Southeast Asian member states. Directly comparable as a regional economic cooperation forum with consensus-based decision-making, and APEC explicitly maintains a core partnership with ASEAN.
- Pacific Economic Cooperation Council (PECC): Non-governmental regional cooperation council that participates as an observer in APEC ministerial meetings. Directly comparable as a track-two Asia-Pacific economic cooperation forum that channels business, academic, and government input into APEC's policy process.
Regional players
- MERCOSUR: South American regional economic integration bloc with several APEC member economies (Chile, Peru, Mexico as associate). Comparable as a regional trade and economic cooperation forum with consensus-based governance among member economies.
- Pacific Islands Forum (PIF): Regional intergovernmental organization for Pacific island states and territories, with overlapping membership in APEC (Australia, New Zealand, Papua New Guinea). Comparable as a regional cooperation forum addressing trade, sustainable development, and security in the Pacific.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Asia-Pacific Economic Cooperation social profiles
Digital presenceAsia-Pacific Economic Cooperation financial estimates
Financial estimateRevenue estimate
Valuation estimate
Asia-Pacific Economic Cooperation leadership team
Management profileNumber of profiles
Asia-Pacific Economic Cooperation subsidiaries and ownership
Company hierarchySubsidiaries22 records
Asia-Pacific Economic Cooperation funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Asia-Pacific Economic Cooperation M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Asia-Pacific Economic Cooperation
What does Asia-Pacific Economic Cooperation do?
APEC is an intergovernmental regional economic forum established in 1989 that promotes sustainable economic growth, trade, and investment cooperation across 21 member economies in the Asia-Pacific region. It coordinates policy dialogue, produces research and analysis through its Policy Support Unit, and administers the APEC Business Travel Card scheme for streamlined cross-border business travel among member economies.
Is Asia-Pacific Economic Cooperation a public or private company?
Asia-Pacific Economic Cooperation is a private company. It is classified as state government owned and is currently operating.
When was Asia-Pacific Economic Cooperation founded?
Asia-Pacific Economic Cooperation was founded in 1989. It employs 101 to 250 people.
Where is Asia-Pacific Economic Cooperation based?
Asia-Pacific Economic Cooperation is headquartered in Singapore, Singapore, in the Asia region.
How does Asia-Pacific Economic Cooperation make money?
Two revenue lines are on record. Member Contributions are the primary driver. The others are earmarked Contributions for Sub-Funds.
Who are Asia-Pacific Economic Cooperation's main competitors?
BRICS is listed as an emerging player. Broad incumbents are European Union (EU), African Union (AU), Organisation for Economic Co-operation and Development (OECD) and G20. Direct peers are World Trade Organization (WTO), Association of Southeast Asian Nations (ASEAN) and Pacific Economic Cooperation Council (PECC). Regional players are MERCOSUR and Pacific Islands Forum (PIF).
Does Asia-Pacific Economic Cooperation have an API?
No public API is recorded for Asia-Pacific Economic Cooperation.
What industry is Asia-Pacific Economic Cooperation in?
Asia-Pacific Economic Cooperation's product category is International Economic Cooperation. Its primary akta.pro industry code is BPADAAAC, International Economic & Trade Cooperation Organizations, with a secondary code of HLAJAOAL, Health Systems Strengthening & Universal Health Coverage (UHC) Partnerships. Its NAICS code is 92611 and its SIC code is 9721.