Archive for the ‘News’ Category

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 […]

Agricultural Exports, Morocco, News

October 14, 2024

Morocco is experiencing a noteworthy rise in its agricultural exports to the European Union, with a 5% increase in fruit and vegetable shipments, particularly in tomatoes, berries, and citrus fruits. This growth has seen exports surpass 1.5 million tons annually, a trend that has been consistent over the past three years and holds significant importance […]

Agricultural Exports, Indonesia, News

October 14, 2024

Indonesia’s National Food Agency (Bapanas), under the leadership of Arief Prasetyo Adi, is making remarkable progress in positioning the country as a vital player in the global food market, particularly through its shallot exports. The successful export of shallots to Malaysia and other nations highlights Indonesia’s ability to meet international food demands while reinforcing its […]

Agricultural Exports, News, Vietnam

October 14, 2024

Hanoi, Vietnam, is making impressive strides in agricultural exports by investing in the establishment of planting area codes for essential crops like longans, grapefruits, and bananas. These codes serve as a “passport” for Hanoi’s agricultural products, allowing them to compete effectively in both domestic and international markets while providing valuable economic benefits to local farmers. […]

Albania, International Trade, News

October 13, 2024

Albanian Prime Minister Edi Rama expressed optimism regarding the enhancement of the Central European Free Trade Agreement during an interview ahead of a summit for the Western Balkans hosted by German Chancellor Olaf Scholz. This initiative aims to strengthen economic integration and align the region more closely with European Union standards as Albania works towards […]

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 […]

Lithuania, News, Trade and Development

October 11, 2024

Lithuania is making a positive impact on global trade by contributing EUR 20,000 to the World Trade Organization’s Global Trust Fund for 2024. This generous contribution aims to empower government officials from developing and least-developed countries (LDCs) through training programs, enabling them to enhance their skills and deepen their participation in the international trading system. […]

In a promising move for regional trade, China and Vietnam are on the verge of signing new agreements to strengthen railway connectivity and boost agricultural trade during Chinese Premier Li Qiang’s upcoming visit to Hanoi this weekend. Sources familiar with the discussions indicate that these agreements will significantly enhance economic collaboration between the two nations. […]

Malaysia is taking significant steps to boost its durian exports to China by proposing an integrated management approach for key fruit commodities. The Agriculture and Food Security Ministry plans to extend the mandate of the national agricultural board responsible for pineapples to oversee durian production as well. This strategic move is aimed at capitalizing on […]

French apple exports to the Middle East are thriving, driven by their exceptional quality, diverse varieties, and commitment to eco-friendly practices. The demand for premium, nutritious produce is soaring among luxury retailers, hotels, gourmet dining establishments, and health-conscious consumers in the region.   To support this growing interest, a series of promotional activities have been […]

The anticipated free trade agreement (FTA) between the Philippines and South Korea is expected to provide a moderate increase in textile exports from the Philippines. According to Robert Young, President of the Foreign Buyers Association of the Philippines (Fobap), the country exported approximately $50 million worth of mixed apparel to South Korea in 2023.   […]

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 […]