Search
Become a Member

Archive for the ‘International Trade’ Category

India Expands Export Channels to Maldives with New Port Approvals

India, International Trade, News

August 2, 2024

In a significant development aimed at strengthening trade relations, the Indian government has announced that essential commodities previously subject to restrictions can now be exported to the Maldives from Kandla and Vishakhapatnam ports. This update, applicable for the financial year 2024-25, brings the total number of ports authorized for these exports to six. The Directorate […]

Afghanistan’s Trade Data Reveals $1.8 Billion in Exports and $8 Billion in Imports, Signaling Trade Imbalance

Afghanistan, International Trade, News

August 1, 2024

On July 31st, Afghanistan’s Ministry of Industry and Commerce issued a report detailing the country’s trade performance for the past year. The figures show $1.8 billion in exports and over $8 billion in imports, highlighting a substantial trade imbalance and a high reliance on foreign goods and services.   The report noted increases in exports […]

Policies to Expand Foreign Trade Boost Competitiveness

China, International Trade, News

August 1, 2024

As external demand and supportive policies improve, China’s trade in goods reached a new high in the first half of 2024, with overall foreign trade exceeding 21 trillion yuan ($2.9 trillion), and export growth in June of 10.7 percent year-on-year, exceeding all expectations.   The improving external demand and accelerated development of new business forms […]

Australian Wine Exports Hit AU$2.2 Billion Amid Diverse Market Trends

Australia, International Trade, News

July 31, 2024

The International Trade Council reports that Australian wine exports have reached a significant AU$2.2 billion, reflecting both positive developments and ongoing challenges in the market. This increase is largely attributed to a resurgence in exports to mainland China, where volumes jumped from 1 million litres to 33 million litres and the value surged by AU$392 […]

China Remains Papua New Guinea’s Leading Export Market, Reports Minister

China, International Trade, News

July 31, 2024

China remains the foremost export market for Papua New Guinea (PNG). During a recent groundbreaking ceremony for the Sea Park Development in Port Moresby, the Minister for International Trade and Investment emphasized China’s critical role in PNG’s export economy.   The Minister highlighted the robust trade relationship between the two nations, noting, “China is the […]

New Report Aims to Boost SME Exporting

International Trade, News

July 31, 2024

The International Trade Council highlights a new initiative designed to invigorate exporting activities among small and medium-sized enterprises (SMEs). A recent report proposes measures to increase the number of small business exporters. An SME Export Taskforce was formed to tackle the low percentage of small firms—currently only 10%—engaged in international trade. The taskforce identified several […]

1Page 2 of 7345»