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Association of Southeast Asian Nations (ASEAN) and Australia became the dialogue partner in 1974. Over 46 years of cooperation and development, ASEANAustralia relations have achieved many good results, especially in recent years when two sides participate in several free trade agreements (FTAs) at bilateral levels and multilateral levels. In 2014, Australia and ASEAN formally became strategic partners, recognizing the importance of the relationship in building mutual benefits. Participation in FTAs and relationship upgrading has helped bilateral trade growth. In 2018-2019, Australia was the seventh-largest trading partner of ASEAN and ASEAN was one of Australia's top three trading partner, however, the two sides face many challenges such as the difficulties after the global crisis since 2009, the “spaghetti bowl” phenomenon of joining many agreements at the same time. Thus, to solve these problems, the production and exports of comparative advantage goods by the stages of processing, including capital goods, raw materials, intermediate goods, consumer goods, to participate in an ideal regional supply chain are very important. Based on the comparative theory and supply chain perspectives, the revealed comparative advantage indexes (RCA) of ASEAN countries and Australia from 2009 through 2018 were used. From RCA comparision, the ideal effective supply chain distribution among ASEAN countries and Australia could be provided. Afterwards, through trade value comparison, the paper examined that ASEAN countries and Australia specialized in production by stages of processing. From the results, appropriate recommendations were provided to enhance the trade relations between ASEAN and Australia.

ASEAN- Australia Trade Relations by Stages of Processing: Comparative Research