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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 […]

South Korea is exploring opportunities to enhance its trade relations with the United States by increasing imports of American agricultural products and energy resources. These initiatives aim to bolster economic ties and support mutual growth in one of the world’s most significant trade partnerships.   As a major importer of US agricultural goods, South Korea […]

Vietnam’s textile and garment sector is poised for exceptional progress in 2025, driven by strategic innovations, strengthened trade relationships, and a commitment to sustainability. With a stellar export performance of $44 billion in 2024, the industry has proven its resilience and adaptability, solidifying its position as a leading player in global trade.   By leveraging […]

Neema Mleli CEO & Co Founder Integrated Empowerment Initiatives Neema Mleli – Member of the Business Council for Women in International Trade     Neema Mleli is the CEO and Co-Founder of Integrated Empowerment Initiatives (IEI), an organization dedicated to fostering economic development and empowerment through entrepreneurship, SME growth, and capacity-building programs, particularly for women [...]
Robert Tombs Robert Tombs – Member of the Business Council for Innovation and Technology     Robert Tombs is an experienced professional with over three decades of expertise in the Information Technology industry. His career journey began with a focus on technology hardware, evolving into software development and ultimately solution development and implementation. His deep [...]

Chile’s cherry export sector has achieved an impressive $3.1 billion in 2024, making cherries the country’s top agricultural export outside of copper and lithium. With nearly 93% of these exports directed towards international markets, the demand for Chilean cherries continues to thrive globally, underscoring the nation’s position as a key player in the global fruit […]