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December 3, 2024

Daisy

In the final quarter of the year, Indonesia’s economy demonstrated remarkable resilience, with a robust growth rate of 5.0% compared to the previous year. This encouraging performance was underpinned by strong domestic consumption, even in the face of challenges such as shrinking exports and declining commodity prices. These insights emerge from a recent Reuters poll […]

December 3, 2024

Jessica Jumaway

Qatar is making a landmark investment of £1 billion ($1.3 billion) in the United Kingdom’s climate technology sector, marking a significant step in strengthening trade relations and supporting sustainable growth. This move comes as part of Qatar’s broader strategy to foster innovation in green technologies, aligning with the UK’s goals for a more sustainable energy […]

December 3, 2024

Jessica Jumaway

Poland has solidified its position as a global leader in apple exports, with significant contributions to Egypt’s growing demand for high-quality European produce. During the 2022/2023 season, Egypt imported 158,754 tons of apples from Europe, valued at €71.785 million. Of this, Poland accounted for 37.7% of the value, exporting 76,907 tons worth €31.819 million.   […]

December 3, 2024

Jessica Jumaway

The Philippines and South Korea have taken a significant step to enhance their agricultural trade partnership with the ratification of a free trade agreement (FTA). This agreement is expected to open new opportunities for the export of Philippine tropical fruits to South Korea, complementing the existing trade in vegetables and other agricultural products.   President […]

December 2, 2024

Daisy

In a significant development for international trade, China has officially granted permission for the importation of breeding pigs from Ireland, effective as of February 1st, as announced by Chinese customs. However, it’s worth noting that these shipments are contingent upon Ireland meeting stringent animal health criteria.   To maintain the safety and well-being of livestock, […]

December 2, 2024

Jessica Jumaway

The 2024-2025 season is shaping up to be a remarkable year for Chile’s stone fruit exports, with shipments of plums, peaches, and nectarines projected to increase by 4% over the previous year. This growth, estimated at 38 million boxes averaging 8.3 kilograms each, reflects Chile’s strategic efforts to strengthen its position in global agricultural trade. […]

December 2, 2024

Daisy

China witnessed remarkable increases in the import of crucial commodities such as crude oil, coal, and iron ore in 2023, signaling a significant upswing in demand. While these record-breaking figures are touted as a testament to China’s economic strength, a more nuanced examination reveals intricate factors prompting experts to question the depth of the economic […]

December 2, 2024

Jessica Jumaway

Korea’s cosmetic industry has achieved a significant milestone, with exports soaring to a record $9.3 billion from January to November 2024, according to the Ministry of Food and Drug Safety. This remarkable achievement surpasses the previous high of $9.2 billion in 2021, reflecting the growing global admiration for Korean beauty products and their influence on […]

December 2, 2024

Jessica Jumaway

Vietnam’s agricultural sector is set to reach new heights in 2024, with exports projected to achieve a remarkable $60-61 billion in revenue, marking a significant increase from last year. This growth underscores the strength and competitiveness of Vietnam’s agricultural products on the global market.   Key sectors are driving this impressive expansion, with durians, often […]

December 2, 2024

Jessica Jumaway

Greece is set to experience a significant boost in its tomato exports starting December 15th, following a challenging growing season. A hot summer and water shortages had initially delayed the harvest, but with production now on the rise, the country is prepared to meet increasing international demand, creating new trade opportunities for Greece’s agricultural sector. […]

December 2, 2024

Jessica Jumaway

New Zealand’s avocado exports are set for a positive turn in 2025, with expectations of a stronger market performance. After a challenging year for local growers, production in neighboring Australia and Peru is forecasted to decline, giving New Zealand a prime opportunity to increase its international market share.   Australia experienced a surge in avocado […]

December 2, 2024

Jessica Jumaway

Indonesia and Canada have signed a landmark Comprehensive Economic Partnership Agreement (CEPA), signaling a commitment to deepen economic ties and foster sustainable trade growth. This milestone agreement, finalized after three years of negotiations, will take effect in 2026 and aims to create a more predictable and mutually beneficial trade relationship between the two G20 nations. […]

December 1, 2024

Jessica Jumaway

Morocco has experienced impressive export growth in several key industries, including aerospace, automotive, and phosphate products, during the first ten months of 2024.   The aerospace sector saw a notable 17.3% increase in exports, reaching $2.16 billion, driven by a 26.9% surge in the assembly segment, which accounted for $1.43 billion. The country’s strong political […]

December 1, 2024

Jessica Jumaway

China’s manufacturing sector showed strong improvement in November, with factory activity expanding at the fastest pace in five months. According to the Caixin/S&P Global Manufacturing Purchasing Managers’ Index (PMI), the index rose to 51.5, up from 50.3 in October, marking the highest level since June. This positive trend signals a solid rebound in China’s manufacturing […]