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Archive for the ‘International Trade and Export’ Category

Vietnam Strengthens Global Trade with Impressive Fertilizer Export Growth

International Trade and Export, News, Vietnam

January 20, 2025

Vietnam’s fertilizer exports in 2024 showcased remarkable growth, reaching 1.73 million tons and generating nearly $710 million in revenue. This represents an 11.7% rise in export volume and a 9.4% increase in revenue compared to the previous year, reflecting Vietnam’s strengthened role in global trade.   The average export price of $411.1 per ton, while […]

Turkey’s Export Growth to the U.S. Enhances Trade Relations

International Trade and Export, News, Turkey

January 20, 2025

Turkey achieved remarkable progress in trade by significantly increasing its exports to the United States in 2024, recording a growth of $1.26 billion compared to the previous year and surpassing $13 billion. This achievement underscores the growing trade partnership between the two nations and highlights Turkey’s adaptability in meeting global market demands.   The chemical […]

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 […]

Japan’s Exports Show Strong Growth, Highlighting Resilience in Trade

International Trade and Export, Japan, News

December 19, 2024

Japan’s export sector continues to demonstrate resilience, posting a stronger-than-expected 3.8% year-on-year growth in November. This performance reflects robust global demand and the advantages of a competitive yen, reinforcing Japan’s position as a key player in international trade.   Chip Making equipment emerged as a standout, with significant demand from Taiwan and China driving growth. […]

Malaysia Strengthens Trade Momentum with Steady Export Growth

International Trade and Export, Malaysia, News

December 18, 2024

Malaysia’s trade performance continues to impress, with exports rising 4.1% year-on-year in November to 126.57 billion ringgit ($28.31 billion). This marks the second consecutive month of export growth, reflecting the country’s resilience and strategic positioning in global trade.   Key industries, particularly manufactured and agricultural goods, have been instrumental in driving this success. Exports of […]

Singapore’s Export Growth Highlights Resilience in Global Trade

International Trade and Export, News, Singapore

December 17, 2024

Singapore’s export sector demonstrated impressive resilience in November, with non-oil domestic exports (NODX) increasing by 3.4% year-on-year, exceeding expectations and marking a strong recovery from October’s 4.7% decline.   The growth, fueled by a robust rise in electronics shipments, underscores Singapore’s critical role in global trade and its ability to adapt to evolving market demands. […]

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 […]

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 […]

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 […]

Thailand’s Strong Export Growth in October Signals Positive Supply Chain Outlook

International Trade and Export, News, Thailand

November 26, 2024

Thailand’s export sector delivered impressive results in October 2024, surpassing expectations and showcasing the resilience of the nation’s supply chain. According to data from the commerce ministry, exports rose by 14.6% year-on-year, significantly exceeding the 5.2% increase anticipated by analysts. This robust growth follows a more modest 1.1% rise in September, highlighting the positive momentum […]

New Zealand’s Goods Exports Achieve Strong Growth in October

International Trade and Export, New Zealand, News

November 25, 2024

New Zealand’s trade performance in October showed promising growth, with goods exports rising by 7.5% year-on-year (YoY) to NZD 5.8 billion. This growth signals continued demand for New Zealand’s products, bolstered by key international markets.   Exports to major trading partners saw significant increases, with China contributing an extra NZD 113 million (8.4% YoY), Australia […]

India Ramps Up Air Cargo Capacity to Boost Electronics Export Growth

India, International Trade and Export, News

November 25, 2024

India is making significant strides to enhance its air cargo infrastructure, paving the way for substantial growth in electronics exports. With smartphone exports expected to grow eight-fold and reach $180 billion by 2030, the government is prioritizing infrastructure development and logistics improvements to meet these ambitious targets.   Airports across the country, currently operating near […]

Taiwan’s Export Orders Surge, Driven by Strong Demand for AI and Technology

International Trade and Export, News, Taiwan

November 20, 2024

Taiwan has once again exceeded expectations, with export orders rising 4.9% in October, totaling $55.45 billion. This marks the eighth consecutive month of growth, driven by strong global demand for high-tech products, particularly in artificial intelligence (AI) and semiconductor industries. The country’s export strength underscores its pivotal role in the global trade ecosystem, especially as […]

South Korea’s Export Growth Signals Supply Chain Resilience and Global Trade Strength

International Trade and Export, News, South Korea

November 20, 2024

South Korea’s export sector has delivered encouraging results for the first 20 days of November, achieving a 5.8% year-on-year growth, according to recent customs data. This uptick reflects the nation’s ability to navigate global market dynamics and sustain its position as a vital player in international supply chains.   Imports during this period saw a […]

India’s Merchandise Exports Thrive, Boosted by Strong Demand for Pharma, Electronics, and Engineering

India, International Trade and Export, News

November 19, 2024

India’s merchandise exports have seen impressive growth from April to October 2024, propelled by strong demand for key sectors such as pharmaceuticals, electronics, and engineering goods. With 21 out of the top 30 sectors recording growth, India continues to solidify its position as a global trade leader.   These export gains are reflective of India’s […]

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