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Penang continues to lead Malaysia’s export sector, achieving RM177.99 billion in exports from January to May this year. This marks a 3.9 percent increase compared to the same period last year, according to Penang’s Chief Minister.   Penang’s export performance solidifies its position as Malaysia’s top exporter, contributing 30.5 percent of the nation’s total exports […]

China, International Trade, News

July 22, 2024

The recent launch of a new cargo route connecting Guiyang and Moscow has marked a significant milestone for southwest China’s Guizhou Province. This expansion increases the number of international cargo routes linked to the province to four, enhancing trade efficiency and convenience.   Guizhou, characterized by its mountainous terrain, faces challenges with road and rail […]

Exports from Pakistan to China surged to $150.3 million in June, ending the fiscal year 2023-24 with a total export volume of $2.56 billion, according to recent data. In June alone, Pakistan’s overall global exports amounted to $2.529 billion, marking a 7.34% increase from $2.356 billion recorded in the same month of the previous year. […]

Malaysia has formally requested India to maintain export channels for crucial commodities such as rice, sugar, and onions, even amidst broader export restrictions. This request was articulated by Malaysia’s Minister for Plantation and Commodities on Thursday.   “Malaysia depends heavily on imports for certain essential goods. Our domestic rice production meets only 65% of our […]

International Trade, News

July 19, 2024

Amid global economic uncertainties, the Guangxi Zhuang Autonomous Region has shown remarkable resilience and growth in its foreign trade sector.   Recent customs data revealed that Guangxi’s total imports and exports surged to 345.28 billion yuan ($47.57 billion) in the first half of the year, reflecting a significant 12 percent increase compared to the same […]