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Despite a decrease in volume, Hong Kong’s kiwi fruit imports in 2024 have demonstrated a promising trend with a significant increase in value. The city imported 11,000 tons of kiwi fruits in 2024, marking a 21.8% decline from the previous year. However, the total import value reached $49 million, highlighting the city’s resilience and consistent […]

Paraguay has made a significant leap into the international citrus market with its inaugural export of Persian limes, marking a new era for the country’s agricultural trade. A shipment of 26 tonnes, sourced from the Concepción region, has successfully reached the Argentine market after meeting stringent international quality and phytosanitary standards.   This achievement is […]

South Africa’s wine industry celebrated a remarkable achievement in 2024, as export revenues grew despite steady shipment volumes, highlighting the sector’s adaptability and market strength. According to Wines of South Africa (WoSA), export revenues reached R10.3 billion, marking a 3% increase in local currency, while US dollar revenues climbed 4.3% to $562 million.   Packaged […]

Uzbekistan has achieved a remarkable milestone in global trade, generating over $1.5 billion in revenue from the export of 2 million tons of fruits and vegetables in 2024. This impressive accomplishment, reported by the Statistics Agency of Uzbekistan, represents a 15.8% increase in export volumes and an outstanding 31.2% growth in value compared to 2023. […]

Egypt continues to demonstrate its strength in international trade, achieving a new milestone with record potato exports to the United Kingdom in 2024. Building on an impressive performance in 2023, Egypt increased its export volume by 2.7 times, delivering 23.7 thousand tons of potatoes and generating $13.5 million in revenue.   The export season, which […]

South Africa is reinforcing its position as a global leader in fruit exports, with projections for 2025 showcasing significant growth in apple and pear shipments. According to Hortgro, the country is set to export 51.3 million cartons of apples and 21.1 million cartons of pears this season, marking a 5% and 4% increase, respectively, over […]

Japan’s exports continued to display resilience in December, achieving a 2.8% year-on-year growth and surpassing market expectations of 2.3%. This marks the third consecutive month of export expansion, reflecting the adaptability of Japanese trade amidst evolving global conditions.   A weaker yen played a pivotal role in enhancing the value of shipments, with strong demand […]

Kyrgyzstan’s banana imports have seen impressive growth, with the total volume reaching 33,050.9 tons valued at $24.2 million between January and November. This marks a significant increase from the previous year, when imports amounted to 25,725.4 tons worth $16.8 million. This uptick highlights the country’s expanding consumer demand and the strengthening of its trade partnerships. […]

India’s coffee industry is experiencing impressive growth, with exports reaching a record $1.29 billion in FY 2023-24—nearly double the $719.42 million seen in 2020-21. This surge reflects the increasing global demand for India’s high-quality coffee, known for its unique and rich flavors. In the first half of January 2025 alone, over 9,300 tonnes of coffee […]

Brazil is on the brink of expanding its meat exports to the Philippines, marking another milestone in their growing trade partnership. The Philippine government is expected to soon approve Brazilian storage facilities for poultry, pork, and beef exports, a development that could significantly enhance trade efficiency and opportunities between the two countries.   “This approval […]

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 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 […]

Argentina is on track to achieve its largest trade surplus in history, driven by the country’s strong exports of grains and energy. The anticipated surplus for 2024 is expected to reach an impressive $18 billion to $19 billion, marking a milestone in Argentina’s trade performance.   Under the leadership of President Javier Milei, who took […]

The United States is considering a 25 percent tariff on imports from Mexico and Canada as part of ongoing efforts to address border-related concerns and enhance trade policies. The announcement, made on Monday, underscores the significance of fostering collaborative trade solutions among North American partners.   If implemented on February 1, 2025, the proposed tariffs […]

January 20, 2025

Jessica Jumaway

Global Trade, News, Taiwan

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Taiwan’s machinery exports reached new heights as shipments to the United States grew to $7.19 billion last year, surpassing the $6.86 billion sent to other key markets. This development highlights the resilience and adaptability of the machinery industry amid evolving global trade dynamics.   The increase in US-bound shipments reflects proactive measures taken by exporters […]

In response to potential changes in global trade dynamics, South Korea is making strategic moves to bolster its export sector and ensure the stability of its supply chains. The government has announced a significant increase in financing support for exporters, allocating a record 360 trillion won ($247.74 billion) in policy financing through state-run banks and […]