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October 27, 2024

Jessica Jumaway

Laos is witnessing a remarkable transformation in its durian industry, as local farmers and entrepreneurs strive to export this beloved fruit to China, the world’s largest consumer of durians. With the recent successful harvest of high-quality durians, Laos is poised to establish itself as a significant player in the global market.   A local entrepreneur […]

October 27, 2024

Jessica Jumaway

Turkey is celebrating a remarkable achievement in its hazelnut industry, solidifying its status as a leading exporter to China. According to reports, the 2023/24 hazelnut production season has yielded impressive results, with exports reaching 303,458 metric tons. This outstanding performance has resulted in an export value of $2.349 billion, reflecting a robust increase of 30.9% […]

October 25, 2024

Daisy

The Semiconductor and Electronics Industries in the Philippines Foundation, Inc. (SEIPI) is excited to announce an anticipated 5% growth in semiconductor exports for 2025. This positive projection comes despite current challenges, highlighting the resilience of the sector and its critical role in global trade. SEIPI President Danilo C. Lachica shared insights during the 13th Arangkada […]

October 25, 2024

Jessica Jumaway

The European Union and China are taking significant steps toward enhancing their trading relationship through continued technical negotiations on electric vehicles (EVs). Both parties are exploring innovative alternatives to the tariffs set to be imposed on China-made EVs, with the aim of fostering a more cooperative and beneficial trade environment.   In a recent video […]

October 25, 2024

Jessica Jumaway

British Finance Minister Rachel Reeves recently highlighted the enduring strength of the U.S.-UK trade relationship, emphasizing its importance for both nations. In an interview with Reuters during the International Monetary Fund (IMF) and World Bank annual meetings in Washington, Reeves expressed optimism about the future of trade between the two countries.   “The U.S. remains […]

October 24, 2024

Daisy

Germany is taking a proactive step to bolster trade opportunities for developing economies and least-developed countries (LDCs) by pledging EUR 150,000 (approximately CHF 140,000) in 2024 to the Standards and Trade Development Facility (STDF). This initiative aims to strengthen sanitary and phytosanitary (SPS) capacities, enabling these nations to access global and regional markets more effectively. […]

October 24, 2024

Jessica Jumaway

Kazakhstan is poised to bolster its grain and wheat exports after an outstanding harvest this year. With over 16.7 million hectares of cereals sown, the country has completed 99.7% of its harvesting, yielding an impressive 26.5 million tons of grain. This achievement not only highlights Kazakhstan’s agricultural capabilities but also sets the stage for increased […]

October 24, 2024

Jessica Jumaway

G20 ministers gathered in Brasilia on October 24, 2024, to forge a progressive path forward for international trade, focusing on sustainable development and the vital role of women in the global economy. Brazil’s Vice President and Trade Minister, Geraldo Alckmin, proudly announced the agreement, underscoring the commitment to creating an inclusive trading environment that benefits […]

October 24, 2024

Jessica Jumaway

An exciting opportunity is unfolding in Geneva, where 27 government officials from developing and least-developed countries are participating in the Advanced Trade Policy Course from October 14 to December 6. This eight-week program, organized by the WTO, aims to empower participants with essential knowledge of international trade and enhance their understanding of WTO agreements and […]

October 22, 2024

Jessica Jumaway

Chilean grape exports are gearing up for a successful season, with the Chilean Table Grape Committee forecasting an impressive export crop of 66 million cartons for the 2024/25 season, reflecting a 2.4% increase compared to the previous year. This growth showcases the resilience and adaptability of Chile’s agricultural sector, with estimates based on approximately 85% […]

October 22, 2024

Jessica Jumaway

Panama is experiencing a promising upward trend in its export sector, reporting a notable 7% increase from January to October 2024 compared to the same period last year. The Ministry of Commerce and Industry (MICI) is optimistic that total export values will surpass $1.25 billion by year-end, reflecting a robust 5% growth from 2023. Eric […]

October 22, 2024

Jessica Jumaway

Brazil is set to solidify its position as a leader in global chicken exports, with projections indicating an increase of 100,000 tonnes (2%) in 2025. This growth comes as the global chicken export market is expected to rebound, reaching a record 13.8 million tonnes after two years of stagnation. The United States Department of Agriculture […]

October 22, 2024

Jessica Jumaway

Kuwait has taken a significant step toward promoting sustainable global trade by officially accepting the Agreement on Fisheries Subsidies. On October 22, Ambassador to the WTO, Nasser Abdullah Al-Hayen, presented the instrument of acceptance to Director-General Ngozi Okonjo-Iweala. This important milestone increases the total number of World Trade Organization (WTO) members who have embraced the […]

October 22, 2024

Jessica Jumaway

In a remarkable achievement for the agricultural sector, Vietnam’s coffee exports have crossed the $5 billion mark for the first time during the 2023-2024 crop year, which lasted from October 1, 2023, to September 30, 2024. This milestone highlights the strength and potential of Vietnam’s coffee industry in the global market.   The Vietnam Coffee […]