Become a Member

Archive for the ‘Agricultural Trade’ Category

Philippines Rice Import Forecast Increased to 4.9 Million Metric Tons in 2025

Agricultural Trade, News, Philippines

October 14, 2024

The United States Department of Agriculture (USDA) has announced a positive adjustment to its forecast for Philippine rice imports, raising the estimate to 4.9 million metric tons for 2025. This increase of 300,000 metric tons from the September estimate highlights the resilience of the Philippine agricultural sector in adapting to changing market conditions and ensuring […]

Peruvian Avocado Exports Show Strong Value Growth Amid Slight Volume Decline

Agricultural Trade, News, Peru

October 12, 2024

Peru’s avocado industry continues to showcase its strength in global trade, with export values rising significantly even as volumes dipped slightly. As of week 33 in 2024, Peru exported 499,000 metric tons of avocados, generating an impressive $1.044 billion. This represents an 11% increase in value compared to the same period last year, highlighting Peru’s […]

Strong September Secures Solid Quarter for Norwegian Seafood Exports

Agricultural Trade, News, Norway

October 10, 2024

Recent data reveals that seafood exports from Norway have reached impressive levels, totaling NOK 44.1 billion in the third quarter of 2024. This marks an increase of NOK 2.2 billion, or 5%, compared to the same period last year, showcasing a positive trajectory for the industry. The remarkable growth in export value can be […]

Vietnam’s Pepper Exports Achieve $1 Billion Milestone in 2024

Agricultural Trade, News, Vietnam

October 2, 2024

Vietnam’s pepper industry is celebrating remarkable success in 2024, with exports soaring to an impressive $1 billion in the first nine months. This achievement highlights the country’s position as a global leader in pepper production, despite a slight 1.5% drop in volume. The value of exports has surged by 46.9% year-on-year, driven by a significant […]

Uzbekistan’s Plum Exports Reach $24.3 Million, Strengthening Global Trade Relations

Agricultural Trade, News, Uzbekistan

October 1, 2024

Uzbekistan’s plum exports have surged this year, with revenues reaching $24.3 million between January and August 2024. This marks a $4.1 million increase compared to the same period last year, showcasing the country’s growing influence in global trade. According to the Uzbekistan Statistics Agency, 30.1 thousand tons of plums were exported to 12 countries, highlighting […]

EU Agri-Food Trade Surplus Reaches €5 Billion

Agricultural Trade, Europe, News

July 26, 2024

In April 2024, the EU’s agri-food trade surplus reached €5 billion, marking a 4% increase compared to April 2023, despite a 25% reduction from the previous month. Exports totaled €19.8 billion, primarily driven by rising prices of olives and olive oil, while imports were valued at €14.8 billion. Key import categories included coffee, tea, cocoa, […]

Thailand’s Tapioca Sector Adapts to New Market Dynamics

Agricultural Trade, News, Thailand

July 23, 2024

The adaptive strategies being employed by Thailand’s tapioca export sector in response to evolving market conditions. With a shift in China’s demand patterns, Thailand is innovating to maintain its strong position in the global tapioca market. China, traditionally a major importer of Thai tapioca, is transitioning to using coal for ethanol production in a […]

Azerbaijan’s Tomato Exports Surge in Early 2024

Agricultural Trade, News

July 16, 2024

Azerbaijan has seen a significant rise in tomato exports, reaching 86,067 tons in the first five months of 2024. This marks a substantial increase in both volume and value compared to previous years. In addition to robust export figures, Azerbaijan’s imports of tomatoes from Turkmenistan surged to 548 tons in the initial months of […]

USDA Reports Increase in Corn and Wheat Export Inspections

Agricultural Trade, News, United States

July 16, 2024

U.S. Department of Agriculture (USDA) announced a significant increase in export inspections for corn, sorghum, and wheat for the week ending July 11th. These inspections are currently exceeding the pace required to meet the USDA’s projections for the current marketing year. The marketing year for wheat began on June 1st, 2024, while the marketing year […]

Vietnam Targets $3.5 Billion in Durian Exports for 2024

Agricultural Trade, News, Vietnam

July 12, 2024

Vietnam is setting ambitious goals for its fruit and vegetable export sector, with a particular focus on durian. According to the Vietnam Fruit and Vegetable Association, the nation aims to achieve $3.5 billion in export turnover from durian in 2024, marking a 55% increase from the previous year. In June 2024 alone, fruit and vegetable […]

Chile’s Copper Exports Surge to $3.47 Billion in February

Agricultural Trade, Chile, News

March 7, 2024

Chile, renowned as the leading copper producer globally, showcased its robust trade performance in February as copper exports soared to $3.47 billion, marking a commendable 3.77% increase compared to the same period last year. This impressive feat was revealed by the central bank on Thursday, underscoring Chile’s pivotal role in the copper market. Despite […]

Brazilian Sugar Mills Prioritize Sugar Production Over Ethanol

Agricultural Trade, Brazil, News

March 7, 2024

Brazilian sugar mills are gearing up to boost their sugar production capacity by up to 10% in the upcoming season starting from April, driven by favorable sugar prices and the availability of cheaper corn for ethanol production. As the world’s largest sugar producer, Brazil is capitalizing on its position amidst a global market influenced […]

Indian Government Lifts Onion Export Ban to Boost Trade Relations with Bangladesh and UAE

Agricultural Trade, India, News, United Kingdom

March 5, 2024

In a recent development, the Indian government has amended its ban on onion exports, allowing the shipment of 64,400 tonnes to the UAE and Bangladesh. A senior official from the federal ministry of commerce confirmed this decision, stating that it was made at the “request of friendly countries.” The ban on onion exports was […]

Vietnam’s Shrimp Exports Expected to Surpass $4 Billion in 2024

Agricultural Trade, News, Vietnam

March 5, 2024

Vietnam’s shrimp export industry is projected to see a notable increase of 10-15 percent this year, reaching a turnover of $4-4.3 billion, as reported by the Vietnam News Agency on Monday, citing the Vietnam Association of Seafood Exporters and Producers. The United States and China are anticipated to maintain their positions as the top […]

Philippines and Cambodia Forge Stronger Rice Trade Partnership

Agricultural Trade, Cambodia, News, Philippines

March 4, 2024

In a bid to bolster their rice trade amidst the challenges posed by the current El Niño phenomenon, the Philippines and Cambodia have pledged to strengthen their collaboration in agricultural trade, particularly focusing on rice. During a meeting between President Ferdinand Marcos Jr. and Cambodian Prime Minister Hun Manet on March 4, 2024, on […]

Vietnam’s Fruit and Vegetable Exports Surge by 38%

Agricultural Trade, News, Vietnam

March 4, 2024

Vietnam’s fruit and vegetable exports have witnessed a remarkable increase of 38%, totaling approximately $749.7 million in the first two months of the year. Projections indicate a promising outlook for the industry, with expectations of reaching a peak near $7 billion by the end of the year. The sector’s growth momentum is anticipated to persist […]

The International Trade Council is a global, peak-body, chamber of commerce that supports businesses and governments by providing resources, advocacy, and networking opportunities to promote international trade and foreign direct investment. It serves as a platform for organizations to collaborate, share knowledge, and navigate the complexities of global markets.

About the ITC

Resources

Legal

© 2024 - International Trade Council. A Peak-Body, International Chamber of Commerce.