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Beijing Achieves Record High in Foreign Trade Driven by Emerging Industries

July 22, 2024

Daisy

Beijing has reached a record high in foreign trade for the first half of 2024, with total trade figures soaring to 1.83 trillion yuan (about USD 256.61 billion), as reported by the Beijing Municipal Customs Administration. This marks a notable 3.6 percent increase in import and export activity compared to the same period last year, […]

Penang Leads Malaysia’s Export Growth

July 22, 2024

Daisy

Penang continues to lead Malaysia’s export sector, achieving RM177.99 billion in exports from January to May this year. This marks a 3.9 percent increase compared to the same period last year, according to Penang’s Chief Minister.   Penang’s export performance solidifies its position as Malaysia’s top exporter, contributing 30.5 percent of the nation’s total exports […]

Air Routes Boost Trade Imports and Exports in China’s Mountainous Province

July 22, 2024

Daisy

The recent launch of a new cargo route connecting Guiyang and Moscow has marked a significant milestone for southwest China’s Guizhou Province. This expansion increases the number of international cargo routes linked to the province to four, enhancing trade efficiency and convenience.   Guizhou, characterized by its mountainous terrain, faces challenges with road and rail […]

Vietnam’s Clam and Oyster Exports to China Experience Remarkable Growth

July 22, 2024

Daisy

Vietnam’s clam and oyster exports to China have experienced an extraordinary surge, reaching a total value exceeding US$2.7 million in the first five months of this year. This marks a staggering 119-fold increase from the same period last year.   Data from Chinese customs, as reported by the Agency of Foreign Trade under Vietnam’s Ministry […]

$16 Million Deal Enhances Export Capabilities and Global Market Reach

July 19, 2024

Daisy

A major partnership has been forged between a leading food company and a marketing logistics firm through a SAR 60 million ($15.9 million) agreement aimed at boosting international trade opportunities. The memorandum of understanding was signed by the CEOs of both firms, with oversight from key officials including the Minister of Industry and Mineral Resources. […]

Malaysia Requests India to Maintain Export Channels for Essential Commodities

July 19, 2024

Daisy

Malaysia has formally requested India to maintain export channels for crucial commodities such as rice, sugar, and onions, even amidst broader export restrictions. This request was articulated by Malaysia’s Minister for Plantation and Commodities on Thursday.   “Malaysia depends heavily on imports for certain essential goods. Our domestic rice production meets only 65% of our […]

Xinjiang’s Foreign Trade Soars with Record First Half Growth

July 19, 2024

Daisy

The Xinjiang Uygur Autonomous Region in Northwest China has achieved remarkable growth in its foreign trade sector, surpassing the 200 billion yuan mark two months earlier than last year. The region saw a year-on-year growth of 48.4 percent in its trade volume during the first half of this year.   From January to June, Xinjiang’s […]

Guangxi’s Trade Sector Flourishes in First Half of the Year

July 19, 2024

Daisy

Amid global economic uncertainties, the Guangxi Zhuang Autonomous Region has shown remarkable resilience and growth in its foreign trade sector.   Recent customs data revealed that Guangxi’s total imports and exports surged to 345.28 billion yuan ($47.57 billion) in the first half of the year, reflecting a significant 12 percent increase compared to the same […]

Egypt’s Export Growth Signals Economic Resilience and Strategic Vision

July 18, 2024

Daisy

  Egypt’s exports in April showcased a commendable 0.8% year-on-year increase, reaching approximately $3.3 billion, according to data from Egypt’s Central Agency for Public Mobilization and Statistics. This growth contributed to a 2.5% reduction in the country’s trade deficit, which stood at around $2.7 billion for the same period, underscoring Egypt’s effective economic management amidst […]

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