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Archive for the ‘International Trade and Export’ Category

Thailand Strong Export Growth in October Signals Positive Supply Chain Outlook

International Trade and Export, News, Thailand

November 26, 2024

Thailand export sector delivered impressive results in October 2024, surpassing expectations and showcasing the resilience of the nations 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 […]

China’s Exports Set to Achieve Record High in 2024, Strengthening Global Trade

China, International Trade and Export, News

November 25, 2024

China’s export sector is poised for a record-setting year in 2024, with experts predicting a 7% growth in the final quarter compared to the same period last year. This growth is expected to bring China’s total exports to a historic $3.5 trillion, surpassing the previous record set in 2022.   The surge in exports is […]

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 […]

Malaysia’s Exports Experience Strong Rebound, Highlighting Resilient Trade Growth

International Trade and Export, Malaysia, News

November 19, 2024

Malaysia’s export sector has shown impressive resilience, with a notable recovery in October, signaling a positive trajectory for the country’s trade performance. Exports rose by 1.6% compared to the previous year, exceeding expectations and marking a strong rebound from September’s slight decline. This growth reinforces Malaysia’s position as a key player in the global trade […]

U.S. Electricity Exports to Canada See Strong Growth

International Trade and Export, News, United States

November 18, 2024

U.S. electricity exports to Canada have surged, reflecting a positive shift in cross-border energy trade. The rise in exports is largely attributed to lower natural gas prices in the United States and reduced hydropower generation in Canada. According to the U.S. Energy Information Administration (EIA), U.S. electricity exports to Canada jumped by 70% in 2023, […]

Thailand’s Export Momentum Poised to Drive 2% Growth Amid Global Demand Surge

International Trade and Export, News, Thailand

October 28, 2024

Thailand’s export sector continues to show promising growth, with a 1.1% year-on-year increase in September, totaling $25.98 billion. The country’s Trade Policy and Strategy Office (TPSO) forecasts a 2% annual growth, fueled by a favorable global economic landscape, rising demand for Thai products, and easing inflation in key markets like Europe and the United States. […]

Philippines Aims to Revitalize Banana Exports to South Korea Through New Free Trade Agreement

International Trade and Export, Philippines

October 9, 2024

The Philippines is optimistic about rejuvenating its banana export sector with the recent free trade agreement established with South Korea. The Department of Trade and Industry has highlighted the potential of this agreement to address the declining market share of Philippine bananas in South Korea, where they face stiff competition from Vietnam and other Latin […]

EU Member States Collaborate to Enhance Export Control Coordination for Sensitive Technologies

Europe, International Trade and Export, News

October 26, 2023

In a concerted effort to safeguard sensitive technologies from unauthorized access, the European Commission has taken significant steps to improve the coordination of export controls at the EU level. This initiative aims to prevent critical technologies from falling into the wrong hands.   A significant milestone was achieved with the publication of the first compilation […]

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