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Archive for the ‘News’ Category

Benin Strengthens Global Trade Prospects with Pineapple Exports to China

Agricultural Exports, Benin, News

November 28, 2024

Benin’s vibrant pineapple industry is poised for a significant leap in global trade as exporters prepare to expand their market reach to China. Currently, the West African nation exports around 85% of its premium-quality pineapples to France. However, new developments in infrastructure and strategic discussions are paving the way for a diversified export portfolio.   […]

Germany Invests in Semiconductor Industry to Bolster Trade and Innovation

Germany, International Trade, News

November 28, 2024

Germany is taking a significant step to enhance its semiconductor industry and strengthen its role in global trade. The government has announced plans to allocate billions of euros in subsidies to support advanced chip production, a move designed to boost technological innovation and reinforce Europe’s position in the global semiconductor market.   The initiative aligns […]

Costa Rica Poised to Enhance Trade by Joining the Trans-Pacific Partnership

Costa Rica, International Trade and Economic Relations, News

November 28, 2024

Costa Rica has received a formal invitation to join the prestigious Trans-Pacific Partnership (TPP), a move that promises to open new doors for trade and economic growth. This agreement will enable Costa Rica to strengthen its connections with a diverse group of nations, boosting access to markets such as Japan, Australia, Malaysia, New Zealand, Brunei, […]

China’s Manufacturing Sector Shows Modest Expansion in November

China, Manufacturing, News

November 28, 2024

China’s manufacturing activity is expected to continue its modest growth in November, marking the second consecutive month of expansion. Following a series of stimulus measures designed to bolster the world’s second-largest economy, the official Purchasing Managers’ Index (PMI) is projected to rise to 50.2, slightly higher than October’s reading of 50.1. A PMI above 50 […]

EU-Mercosur Trade Negotiations Accelerate Ahead of Argentina’s Leadership Transition

Argentina, Europe, News, Trade Agreements

November 27, 2024

The EU-Mercosur trade talks have significantly gained momentum in anticipation of an upcoming leadership transition in Argentina. Diplomats and trade experts highlight that the new administration’s approach is expected to align with the ongoing efforts to finalize the trade agreement, ensuring continuity and stability in the South American common market.   The heightened focus on […]

Gradual Uplift in German Export Sentiment Noted in November

International Trade, News

November 27, 2024

In a recent survey by the Ifo economic institute, a subtle yet positive shift has been observed in the sentiment among German exporters as of November. Despite the overall cautious outlook, a select few sectors are showing signs of optimism regarding export growth.   The Ifo’s export expectations indicator, a key measure of the mood […]

Korea’s Dried Seaweed Exports Soar, Strengthening Global Trade Ties

Agricultural Exports, News, South Korea

November 26, 2024

Korea’s dried seaweed exports have achieved record-breaking success in 2024, underscoring the nation’s growing influence in the international food trade. According to the Ministry of Oceans and Fisheries, exports reached $850 million between January and October, already surpassing 2023’s annual record of $792 million. The year-end forecast predicts this figure will exceed $1 billion, marking […]

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News

November 26, 2024

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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 […]

Kazakhstan Strengthens Regional Trade Ties with Turkmenistan Through Potato Exports

Agricultural Exports, Kazakhstan, News

November 26, 2024

Kazakhstan continues to bolster its role as a key agricultural exporter, recording an impressive fivefold increase in potato exports to Turkmenistan from January to August 2024. According to the country’s statistical office, Turkmenistan imported 17,500 tons of Kazakh potatoes during this period, solidifying its place as a significant trade partner in the region.   This […]

Brazilian Papaya Exports Grow in 2024, Strengthening Global Trade Connections

Agricultural Exports, Brazil, News

November 26, 2024

Brazil’s papaya exports are on the rise in 2024, driven by growing demand from European markets and the fruit’s strong reputation for quality. Data from the Brazilian Fruit Growers Association (Abrafrutas) reveals that exports from January to October reached 35.84 thousand tons, a 14.65% increase compared to the same period in 2023. This growth has […]

Peru Expands Agricultural Exports to China, Bolstering Asia-Pacific Trade Relations

Agricultural Exports, News, Peru

November 26, 2024

Peru is strengthening its presence in global trade by expanding agricultural exports to China, further solidifying its role in the dynamic Asia-Pacific market. Recent shipments of high-demand products such as pecans, chestnuts, frozen avocados, mangoes, and frozen blueberries showcase Peru’s commitment to diversifying and growing its trade portfolio.   President Dina Boluarte, speaking with CCTV-13, […]

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 […]

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