🎄 Season's Greetings from the International Trade Council! 🎄

Please note that our offices will be closed from 20th December 2024 and will reopen on 6th January 2025.

We wish you a joyful holiday season and a prosperous New Year! Thank you for your continued support, and we look forward to assisting you in 2025.

Warm regards,
The International Trade Council Team

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Kazakhstan Strengthens Global Trade Role with Expanded Oil Exports

International Trade and Export, Kazakhstan, News

December 4, 2024

Kazakhstan is solidifying its position as a vital energy partner for the European Union, exporting over 70% of its oil to EU countries. As the bloc’s third-largest non-OPEC oil supplier, the nation is scaling up efforts to meet growing demand and strengthen its presence in international trade.   Energy Minister Almasadam Satkaliyev announced plans to […]

Vietnam’s Seafood Exports Propel Global Trade Growth

Agricultural Exports, News, Vietnam

December 4, 2024

Vietnam’s seafood industry continues to make waves in international trade, with exports reaching $924 million in November—a remarkable 17% increase year-on-year. With total earnings over the first 11 months of 2024 nearing $9.2 billion, the sector is on course to achieve its ambitious $10 billion export target by year-end, according to the Vietnam Association of […]

Qatar Announces $1.3 Billion Investment in UK Climate Technology, Boosting Trade and Economic Growth

International Trade and Technology, News, Qatar

December 3, 2024

Qatar is making a landmark investment of £1 billion ($1.3 billion) in the United Kingdom’s climate technology sector, marking a significant step in strengthening trade relations and supporting sustainable growth. This move comes as part of Qatar’s broader strategy to foster innovation in green technologies, aligning with the UK’s goals for a more sustainable energy […]

Poland Strengthens Global Trade Ties with Leading Apple Exports to Egypt

Agricultural Exports, News, Poland

December 3, 2024

Poland has solidified its position as a global leader in apple exports, with significant contributions to Egypt’s growing demand for high-quality European produce. During the 2022/2023 season, Egypt imported 158,754 tons of apples from Europe, valued at €71.785 million. Of this, Poland accounted for 37.7% of the value, exporting 76,907 tons worth €31.819 million.   […]

Kazakhstan’s Grain Export Growth Highlights Expanding Global Trade Partnerships

Agricultural Exports, Kazakhstan, News

December 3, 2024

Kazakhstan is making significant progress in strengthening its position as a key player in global agricultural trade, achieving a remarkable 51% growth in grain exports from September to November, compared to the same period last year. The nation’s railway company, Kazakhstan Temir Zholy (KTZ), played a vital role in facilitating the transportation of 2.9 million […]

Philippines-South Korea FTA Strengthens Agricultural Trade with Tropical Fruit Exports

Agricultural Exports, News, Philippines, South Korea

December 3, 2024

The Philippines and South Korea have taken a significant step to enhance their agricultural trade partnership with the ratification of a free trade agreement (FTA). This agreement is expected to open new opportunities for the export of Philippine tropical fruits to South Korea, complementing the existing trade in vegetables and other agricultural products.   President […]

Chilean Stone Fruit Exports on Track for Record Growth in Global Trade

Agricultural Exports, Chile, News

December 2, 2024

The 2024-2025 season is shaping up to be a remarkable year for Chile’s stone fruit exports, with shipments of plums, peaches, and nectarines projected to increase by 4% over the previous year. This growth, estimated at 38 million boxes averaging 8.3 kilograms each, reflects Chile’s strategic efforts to strengthen its position in global agricultural trade. […]

Korea’s Cosmetic Exports Reach Record-Breaking $9.3 Billion, Boosting Global Trade

International Trade and Export, News, South Korea

December 2, 2024

Korea’s cosmetic industry has achieved a significant milestone, with exports soaring to a record $9.3 billion from January to November 2024, according to the Ministry of Food and Drug Safety. This remarkable achievement surpasses the previous high of $9.2 billion in 2021, reflecting the growing global admiration for Korean beauty products and their influence on […]

Vietnam Agricultural Exports Poised for Record Growth in 2024

Agricultural Exports, News, Vietnam

December 2, 2024

Vietnam’s agricultural sector is set to reach new heights in 2024, with exports projected to achieve a remarkable $60-61 billion in revenue, marking a significant increase from last year. This growth underscores the strength and competitiveness of Vietnam’s agricultural products on the global market.   Key sectors are driving this impressive expansion, with durians, often […]

Greece’s Tomato Exports Set to Surge, Boosting Trade Opportunities

Agricultural Exports, Greece, News

December 2, 2024

Greece is set to experience a significant boost in its tomato exports starting December 15th, following a challenging growing season. A hot summer and water shortages had initially delayed the harvest, but with production now on the rise, the country is prepared to meet increasing international demand, creating new trade opportunities for Greece’s agricultural sector. […]

New Zealand Avocado Exports Poised for Strong Recovery in 2025

Agricultural Exports, New Zealand, News

December 2, 2024

New Zealand’s avocado exports are set for a positive turn in 2025, with expectations of a stronger market performance. After a challenging year for local growers, production in neighboring Australia and Peru is forecasted to decline, giving New Zealand a prime opportunity to increase its international market share.   Australia experienced a surge in avocado […]

Indonesia and Canada Strengthen Trade Relations with Comprehensive Economic Partnership Agreement

Canada, Indonesia, International Trade Agreements, News

December 2, 2024

Indonesia and Canada have signed a landmark Comprehensive Economic Partnership Agreement (CEPA), signaling a commitment to deepen economic ties and foster sustainable trade growth. This milestone agreement, finalized after three years of negotiations, will take effect in 2026 and aims to create a more predictable and mutually beneficial trade relationship between the two G20 nations. […]

Morocco Achieves Remarkable Export Growth Across Aerospace and Automotive Sectors

International Trade and Export, Morocco, News

December 1, 2024

Morocco has experienced impressive export growth in several key industries, including aerospace, automotive, and phosphate products, during the first ten months of 2024.   The aerospace sector saw a notable 17.3% increase in exports, reaching $2.16 billion, driven by a 26.9% surge in the assembly segment, which accounted for $1.43 billion. The country’s strong political […]

China’s Factory Activity Growth Reaches 5-Month High, Boosting Optimism for Global Trade

China, Manufacturing, News

December 1, 2024

China’s manufacturing sector showed strong improvement in November, with factory activity expanding at the fastest pace in five months. According to the Caixin/S&P Global Manufacturing Purchasing Managers’ Index (PMI), the index rose to 51.5, up from 50.3 in October, marking the highest level since June. This positive trend signals a solid rebound in China’s manufacturing […]

Canada Advocates for Unified Trade Policy Among North American Partners on China

Canada, International Relations, News

November 29, 2024

Canada is emphasizing the importance of stronger collaboration between the United States, Mexico, and Canada to create a unified approach to trade policies regarding China. Finance Minister Chrystia Freeland expressed confidence that the three nations have a valuable opportunity to align their strategies, ensuring a fair and competitive trade environment in North America.   Speaking […]

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