This publication is the second report coming out of the APEC TiVA Initiative (the Report Two). The Report Two consists of three sections. Section one provides background information on the key concepts and approaches related to GVC analysis, describes the three TiVA-based analytical frameworks, and explains the major APEC TiVA indicators as well as their applications in GVC analysis. Section two provides GVC analysis in the APEC region. And section three consists of 21 APEC economy profiles.