News

China’s Exports Set to Achieve Record High in 2024, Strengthening Global Trade

November 25, 2024

Jessica Jumaway

China’s export sector is poised for a record-setting year in 2024, with experts predicting a 7% growth in the final quarter compared to the same period last year. This growth is expected to bring China’s total exports to a historic $3.5 trillion, surpassing the previous record set in 2022.   The surge in exports is […]

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Vietnam’s Fruit and Vegetable Exports Projected to Reach $7.2 Billion in 2024

November 25, 2024

Jessica Jumaway

Vietnam’s agricultural export sector is experiencing impressive growth, with fruit and vegetable exports expected to reach an estimated $7.2 billion in 2024. According to the General Department of Vietnam Customs, the country has already achieved $6.6 billion in exports by November, reflecting a positive trajectory for the year.   Durian has emerged as a key […]

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WTO Highlights Global Trade Linkages in Manufacturing Supply Chains at Switzerland Meeting

November 25, 2024

Jessica Jumaway

The World Trade Organization (WTO), during its recent meeting in Switzerland, unveiled its Global Value Chains (GVCs) Sectoral Profiles, offering valuable insights into the interdependence of economies and industries within global manufacturing supply chains. These profiles, supported by value-added indicators from over 70 economies, aim to inform businesses and policymakers about the dynamics of global […]

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Uzbekistan Sets New Agricultural Export Milestone with Record Melon Harvest

November 25, 2024

Jessica Jumaway

Uzbekistan’s agricultural sector has reached a significant milestone in 2024, with the country achieving its largest-ever melon and gourd harvest. The Agency of Statistics under the President of Uzbekistan reports that the harvest exceeded 1.7 million tons, reflecting a 6.7% increase over the previous year.   This surge in production highlights Uzbekistan’s growing strength in […]

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India Ramps Up Air Cargo Capacity to Boost Electronics Export Growth

November 25, 2024

Jessica Jumaway

India is making significant strides to enhance its air cargo infrastructure, paving the way for substantial growth in electronics exports. With smartphone exports expected to grow eight-fold and reach $180 billion by 2030, the government is prioritizing infrastructure development and logistics improvements to meet these ambitious targets.   Airports across the country, currently operating near […]

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Kiwifruit Boosts Growth in New Zealand’s Fruit Export Sector

November 25, 2024

Jessica Jumaway

New Zealand’s fruit export sector has seen impressive growth, with kiwifruit playing a major role in driving this success. According to the latest data from Stats NZ, the country’s fruit exports in October 2024 were up 314% compared to the same month in 2023. The total value of fruit exports for the month reached NZ$188 […]

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Brazil and China Close to Agreement on Expanding Pork Exports, Enhancing Trade Opportunities

November 25, 2024

Jessica Jumaway

Brazil is on the verge of securing a significant agreement with China to expand its pork exports, marking a major milestone in strengthening agricultural trade ties between the two nations. Following high-level discussions initiated during Chinese President Xi Jinping’s visit to Brazil, the deal is now in its final stages, with an official announcement expected […]

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Uruguay Accelerates Trade Negotiations with China and Mercosur, Influencing Regional Dynamics

November 23, 2024

Daisy

In a bold move signaling Uruguay’s proactive approach in global trade, President Luis Lacalle Pou has announced an initiative to fast-track free trade agreement (FTA) negotiations between Uruguay, China, and the Mercosur trade bloc. This announcement, made during a high-profile meeting with China’s Premier Li Qiang, has been widely reported in Chinese state media and […]

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India’s Growing Solar Exports Highlight its Strong Trade Position in Renewable Energy

November 21, 2024

Jessica Jumaway

India is rapidly emerging as a key player in the global solar export market, showcasing its growing manufacturing capabilities and strengthening its position in renewable energy trade. As demand for clean energy solutions increases worldwide, India’s solar module exports are on the rise, offering exciting opportunities for growth in both domestic and international markets.   […]

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Peru’s First Blueberry Export from Chancay Port to Shanghai Marks Key Trade Milestone

November 21, 2024

Jessica Jumaway

Peru has achieved a significant milestone in its agricultural trade as it successfully shipped its first batch of premium blueberries from the newly operational Chancay port to Shanghai, China. This achievement, led by Qali under the Agrícola Cerro Prieto (ACP) umbrella, highlights the growing demand for high-quality Peruvian produce in international markets and underscores the […]

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China and Brazil Strengthen Trade Ties with Key Agreements in State Visit

November 20, 2024

Jessica Jumaway

In a landmark state visit, Chinese President Xi Jinping and Brazilian President Luiz Inacio Lula da Silva have elevated the diplomatic and economic relationship between the two nations. This visit underscores the growing collaboration between China and Brazil, two of the world’s largest developing economies, with nearly 40 cooperation agreements signed across a broad range […]

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Taiwan’s Export Orders Surge, Driven by Strong Demand for AI and Technology

November 20, 2024

Jessica Jumaway

Taiwan has once again exceeded expectations, with export orders rising 4.9% in October, totaling $55.45 billion. This marks the eighth consecutive month of growth, driven by strong global demand for high-tech products, particularly in artificial intelligence (AI) and semiconductor industries. The country’s export strength underscores its pivotal role in the global trade ecosystem, especially as […]

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South Korea’s Export Growth Signals Supply Chain Resilience and Global Trade Strength

November 20, 2024

Jessica Jumaway

South Korea’s export sector has delivered encouraging results for the first 20 days of November, achieving a 5.8% year-on-year growth, according to recent customs data. This uptick reflects the nation’s ability to navigate global market dynamics and sustain its position as a vital player in international supply chains.   Imports during this period saw a […]

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India’s Merchandise Exports Thrive, Boosted by Strong Demand for Pharma, Electronics, and Engineering

November 19, 2024

Jessica Jumaway

India’s merchandise exports have seen impressive growth from April to October 2024, propelled by strong demand for key sectors such as pharmaceuticals, electronics, and engineering goods. With 21 out of the top 30 sectors recording growth, India continues to solidify its position as a global trade leader.   These export gains are reflective of India’s […]

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Malaysia’s Exports Experience Strong Rebound, Highlighting Resilient Trade Growth

November 19, 2024

Jessica Jumaway

Malaysia’s export sector has shown impressive resilience, with a notable recovery in October, signaling a positive trajectory for the country’s trade performance. Exports rose by 1.6% compared to the previous year, exceeding expectations and marking a strong rebound from September’s slight decline. This growth reinforces Malaysia’s position as a key player in the global trade […]

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Ireland’s Vegetable Imports Highlight Growing Trade Opportunities

November 18, 2024

Jessica Jumaway

Ireland’s vegetable imports soared past €400 million in 2023, reflecting the country’s vibrant trade activity and increasing consumer demand for diverse, high-quality produce. According to preliminary data from the Central Statistics Office (CSO), Ireland imported 342,760 tonnes of vegetables, valued at €412 million—representing a 17% rise in value and a 6% increase in volume compared […]

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