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India to Boost Global Trade with 1 Million Tons of Sugar Exports

Global Trade, India, News

January 19, 2025

India is set to enhance its contribution to international trade by approving the export of 1 million metric tons of sugar this season. This strategic move aims to manage domestic surpluses while supporting global market demand, reaffirming India’s position as a key player in the sugar trade.   By granting export permissions, the country provides […]

Chilean Cherry Exports Reach $3.1 Billion, Expanding Trade Horizons

Agricultural Exports, Chile, News

January 16, 2025

Chile’s cherry export sector has achieved an impressive $3.1 billion in 2024, making cherries the country’s top agricultural export outside of copper and lithium. With nearly 93% of these exports directed towards international markets, the demand for Chilean cherries continues to thrive globally, underscoring the nation’s position as a key player in the global fruit […]

Kenya and EU Partnership Unlocks New Horizons for Horticultural Trade

Agricultural Exports, Kenya, News

January 16, 2025

Kenya’s horticulture sector is achieving new milestones as the Economic Partnership Agreement (EPA) with the European Union (EU) secures duty-free and quota-free access for its products to EU markets. This trade agreement, complemented by a collaborative initiative, is equipping local farmers with vital technical skills and resources to enhance productivity and meet global standards.   […]

Egypt Leads Global Trade with Record Frozen Strawberry Exports to Brazil

Agricultural Exports, Egypt, News

January 16, 2025

Egypt’s thriving agricultural trade has reached new heights, as frozen strawberry exports to Brazil soared 30-fold over the past five years. By the end of 2024, over 30,000 tons of frozen strawberries, valued at $27 million, were shipped to Brazil, setting a historic benchmark for the sector.   This exceptional growth underscores Egypt’s strategic position […]

Indonesia Strengthens Trade Ties with New Zealand Through Steel Exports

Indonesia, International Trade and Export, News

January 16, 2025

Indonesia has reached a new milestone in international trade with the successful export of 1,200 metric tons of welded beam steel, valued at $1.5 million, to New Zealand. This achievement underscores Indonesia’s growing prominence in global markets, facilitated by the ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA).   The agreement, which allows for 0% import duty […]

Germany Strengthens Commitment to Supporting Trade through Food Safety Standards

Germany, International Trade, News

January 15, 2025

Germany continues to bolster its support for sustainable trade by contributing EUR 600,000 (approximately CHF 560,000) to the Standards and Trade Development Facility (STDF). This contribution is part of a multi-year agreement aimed at enhancing the ability of developing economies and least-developed countries (LDCs) to meet international food safety, animal, and plant health standards. Through […]

Germany’s Economy Shows Resilience with Strong Prospects for Trade and Consumer Growth

Economic Development, Germany, News

January 15, 2025

Germany’s economy continues to demonstrate resilience, with positive signs of growth in key sectors. Consumer spending has seen a rise of 0.3%, reflecting increased purchasing power thanks to higher wages and a stable inflationary environment. This growth in domestic consumption creates a favorable environment for businesses and offers new opportunities in various sectors.   The […]

U.S. Implements Export Controls to Strengthen Global Trade Security and Innovation

Global Trade, News, United States

January 15, 2025

The U.S. Commerce Department has introduced new export controls on advanced biotechnology equipment and related technologies, emphasizing the importance of maintaining secure and responsible global trade. These measures aim to ensure that cutting-edge technologies, including those used in artificial intelligence (AI) and biotechnology, are utilized ethically and contribute positively to global markets.   Key items […]

US and Taiwan Poised for Stronger Trade Relations Under Trump Administration

News, Taiwan, Trade Relations

January 15, 2025

The American Chamber of Commerce (AmCham) in Taiwan shared an optimistic outlook for U.S.-Taiwan relations as the incoming Trump administration takes office. The organization anticipates continued strong support for Taiwan, paving the way for enhanced trade and economic collaboration.   According to the 2025 AmCham Business Climate Survey, a significant 90% of members plan to […]

Brazilian Fruit Exports Reach Record High

Agricultural Exports, Brazil, News

January 15, 2025

Brazil’s fruit export industry achieved a remarkable milestone, with total export values surpassing US$1.287 billion in 2024. This represents a 3% growth compared to the previous year, despite a slight 0.85% decrease in shipment volumes.   Key markets in Europe and North America continued to drive demand for Brazilian fruits, highlighting their strategic importance in […]

Taiwan’s Export Growth Signals Strength in Global Trade

Global Trade, News, Taiwan

January 9, 2025

Taiwan’s trade sector ended the year on a high note, with December exports surpassing expectations and showcasing the country’s pivotal role in the global market. Exports rose 9.2% year-on-year to $43.59 billion, driven by robust demand for semiconductors fueled by advancements in artificial intelligence (AI) and steady trade with key international partners.   This strong […]

Mexico Strengthens Position as Key Market for U.S. Dairy Exports

Agricultural Exports, Mexico, News

December 20, 2024

Mexico is solidifying its position as one of the most important markets for US dairy exports, showcasing the strength of the trade relationship between the two countries. This growing partnership is driving opportunities for agricultural trade and fostering mutual economic benefits.   Currently, Mexico purchases more than 25 percent of US dairy exports, representing 4.5 […]

Philippine Automotive Parts Exports Drive Economic Growth

Automotive Industry, News, Philippines

December 19, 2024

The Philippine automotive parts industry is set to achieve remarkable milestones in 2024, with export revenues projected to reach $1.21 billion by year-end. This marks a robust contribution to the country’s international trade and reflects the growing demand for high-quality automotive components worldwide.   Looking ahead, forecasts indicate an increase in export performance, with revenues […]

New Zealand’s Horticulture Sector Boosts Trade with Record Export Growth

Agricultural Exports, New Zealand, News

December 19, 2024

New Zealand’s horticulture industry is achieving remarkable milestones, with export revenue forecasted to hit a record NZ$8 billion (US$4.5 billion) by 30 June 2025, according to the latest Situation and Outlook for Primary Industries (SOPI) report from the Ministry for Primary Industries. This 12% growth reinforces the country’s position as a leading player in global […]

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