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Stay Updated with the Latest News from the International Trade Council and Our Members

Chinese EV Maker to Launch Hybrid Vehicle Exclusively for International Markets

November 3, 2024

Jessica Jumaway

In an exciting development for the automotive trade landscape, a prominent Chinese electric vehicle manufacturer is preparing to launch its first hybrid vehicle, set to debut in 2026, exclusively in international markets. This strategic move is designed to enhance global market presence and respond to increasing demand for versatile vehicle options, while navigating the complexities […]

European Council President Calls for Trust, Trade, and Transformation to Advance Global Prosperity

November 1, 2024

Jessica Jumaway

In an inspiring address at the World Trade Organization (WTO) headquarters in Geneva, European Council President Charles Michel called on the global community to embrace a path of strengthened trust, expanded trade, and institutional transformation to build a more inclusive and prosperous world. Delivered as part of the WTO’s Presidential Lecture Series on November 1, […]

Morocco Poised for Record Sweet Pepper Exports Boost

October 30, 2024

Jessica Jumaway

Morocco is on the brink of setting a new record in sweet pepper exports, showcasing its potential as a leading player in the global agricultural market. Recent data indicates that from January to August 2024, the country exported nearly 150,000 tons of sweet peppers, marking an impressive 20% increase compared to the same period last […]

Brazil’s Fruit Export Landscape Sees Mangoes and Limes Thrive

October 30, 2024

Jessica Jumaway

In an interesting turn of events, Brazil’s fruit export market is showcasing resilience and adaptability as it navigates challenges within the grape sector. While grape exports have experienced a notable decline in 2024, other fruits, particularly mangoes and limes, are thriving and driving positive trade developments.   Recent data from AgroStat/Mapa, analyzed by Abrafrutas, reveals […]

Huelva Celebrates Record €1.1 Billion in Berry Exports, Strengthening Spain’s Trade Landscape

October 30, 2024

Jessica Jumaway

The province of Huelva is proudly celebrating a significant milestone in its berry exports, achieving an impressive €1.101 billion in sales during the first seven months of 2024. This remarkable figure marks a 10.1% increase year-on-year, further solidifying Huelva’s position as Spain’s foremost exporter of red fruits and making a vital contribution to the country’s […]

Thailand Projects 3% Economic Growth in 2025, Driven by Tourism and Export Gain

October 30, 2024

Jessica Jumaway

Thailand’s Finance Ministry projects a 3% economic growth rate for 2025, fueled by strong performances in private consumption, exports, investment, and tourism. As Southeast Asia’s second-largest economy, Thailand anticipates a robust influx of 39 million foreign tourists next year, an increase from the expected 36 million arrivals in 2024, reinforcing the nation’s tourism sector as […]

Vietnam’s Tien Giang Province Celebrates First Fresh Coconut Exports to China, Marking New Trade Opportunities

October 29, 2024

Jessica Jumaway

A significant milestone in agricultural trade was achieved with the inaugural shipment of fresh coconuts from Tien Giang Province to China on October 24. This event underscores the province’s commitment to expanding its agricultural exports and enhancing Vietnam’s presence in global markets.   Local officials highlighted the importance of this export as a reflection of […]

Australian Avocado Industry Thrives with Increased Global Trade

October 29, 2024

Jessica Jumaway

Australia’s avocado industry has reached new milestones in production and trade, as revealed in Avocados Australia’s latest “Facts at a Glance 2023/24 Report.” Supported by Hort Innovation, the report highlights a 30% increase in total avocado production, which reached a record 150,913 tonnes in 2023/24, up from 115,385 tonnes the previous year. The industry’s gross […]

Electronics Industry Sets Ambitious Goal for 5% Export Growth in 2025

October 28, 2024

Jessica Jumaway

The Semiconductor and Electronics Industries in the Philippines Foundation, Inc. (SEIPI) is excited to announce its target of a 5% increase in exports for the upcoming year, driven by proactive inventory corrections and a surge in new investments.   SEIPI President Danilo C. Lachica shared this optimistic outlook during the 13th Arangkada Philippines Forum 2024, […]

India Seeks Strategic Partnerships to Boost Critical Mineral Imports for Energy Transition

October 28, 2024

Jessica Jumaway

As India embarks on an ambitious journey toward renewable energy, the country is strategically positioning itself to enhance its trade in critical minerals essential for this transition. The Institute for Energy Economics and Financial Analysis (IEEFA) has identified a tremendous opportunity for growth, highlighting the need for India to develop a well-formulated strategy to meet […]

Thailand’s Export Momentum Poised to Drive 2% Growth Amid Global Demand Surge

October 28, 2024

Jessica Jumaway

Thailand’s export sector continues to show promising growth, with a 1.1% year-on-year increase in September, totaling $25.98 billion. The country’s Trade Policy and Strategy Office (TPSO) forecasts a 2% annual growth, fueled by a favorable global economic landscape, rising demand for Thai products, and easing inflation in key markets like Europe and the United States. […]

Vietnam and UAE Sign Historic Trade Deal to Strengthen Bilateral Economic Ties

October 28, 2024

Jessica Jumaway

Vietnam and the United Arab Emirates (UAE) have embarked on a new chapter in their trade relationship, finalizing a Comprehensive Economic Partnership Agreement (CEPA) that paves the way for increased cooperation and mutual growth. Signed by Vietnamese Prime Minister Pham Minh Chinh in Dubai, this agreement is Vietnam’s first free-trade agreement with a Middle Eastern […]

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