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Kuala Lumpur: Asia was the third most active continent in player transfers in 2012, a ‘Global Transfer Market 2012: Highlights’ report shows.

The report was provided to participants of a FIFA Transfer Matching System Conference 2013 (pictured) at AFC House in the Malaysian capital on Wednesday attended by 23 MA representatives.

The report states that 2,788 transfers took place in Asia in 2012, while Europe recorded the highest number, at 12,930 transfers. There were 4,006 transfers taking place in South America, 1,894 transfers in Africa, 16 in Oceania and 1,470 transfers in North America.

The 2,788 transfers in Asia was a figure down by 2% (-48 transfers) from 2,836 transfers the previous year. Of the overall number of transfers last year, 1,608 were incoming transfers (down by 4% or 71 transfers from 2011) and 1,180 transfers were outgoing (up by 2% or 23 transfers from 2011).

In terms of countries with the highest increase of incoming transfers, Iraq and China PR are in the top 10 list in the report, with the former recording 41 increases from the year 2011, while China had 32 transfer increases.

In terms of incoming transfer increase by percentage, Iraq is at the top of the top-three list, recording a 342% incoming increase (+41 transfers), with Ivory Coast in second spot and Liberia third.

In terms of the top-three countries with the highest percentage increase in outgoing transfers, Hong Kong sit on second spot (+72%, +18 transfers) while Malaysia is at third (+69%, + 11 transfers). Gabon is the top country in the list.

China PR and the UAE were among the 10 highest-spending nations in transfers in 2012, with the Chinese being the biggest Asian spender at US$49 million while the Emiratis spent US$12 million.

The report states a total of 11,552 transactions worldwide with a combined transfer compensation value of more than US$2.5b in 2012.

The ‘Global Transfer Market 2012: Highlights’ and its full version are unique reports that provide a global view of player transfers, covering six regions, over 200 countries and 5,600 professional clubs around the world.

The information provided in both Global Transfer Market 2012 reports enables football’s stakeholders to develop a unique understanding of the market.