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USDA Reports Increase in Corn and Wheat Export Inspections

July 16, 2024

Daisy

U.S. Department of Agriculture (USDA) announced a significant increase in export inspections for corn, sorghum, and wheat for the week ending July 11th. These inspections are currently exceeding the pace required to meet the USDA’s projections for the current marketing year. The marketing year for wheat began on June 1st, 2024, while the marketing year […]

Mombasa Port Reports Significant Surge in Export Activity

July 15, 2024

Daisy

Exports through Mombasa Port have witnessed a notable 85% increase this year, driven by efforts among regional countries to achieve better trade balance and reduce dependence on imports.   The announcement was made at Mombasa Port’s container terminal berth 22, where officials highlighted the substantial growth in export volumes. This surge reflects the collective efforts […]

India’s Automobile Exports Surge by 15.5% in April-June Quarter

July 15, 2024

Daisy

India’s automobile exports experienced a notable 15.5% growth in the April-June quarter of the current fiscal year compared to the same period last year, according to data compiled by a leading industry association. The total exports of vehicles reached 1,192,577 units, up from 1,032,449 units in the corresponding quarter last year.   Exports of passenger […]

Vietnamese Wheat Flour Products Approved for Export to Taiwan

July 15, 2024

Daisy

Vietnamese wheat flour products have successfully passed stringent examinations for export to Taiwan (China), marking a significant milestone for Vietnamese enterprises.   After a comprehensive evaluation lasting over 17 months, the Taiwan Food and Drug Administration (TFDA) has concluded its inspection process, giving the green light for Vietnamese wheat flour products to enter the Taiwanese […]

China’s June Exports Surpass Projections Despite Declining Imports

July 15, 2024

Daisy

Recent Chinese customs data revealed that in June, exports exceeded expectations, growing by 8.6% year-on-year to USD 307.8 billion. This figure surpassed earlier estimates ranging from 7.4% to 8%. Meanwhile, imports during the same period saw a decline of 2.3% year-on-year, amounting to USD 208.8 billion. The trade surplus for China widened to USD 99 […]

8th Bangladesh International Printing, Packaging & Signage Expo 2024 Announced

July 15, 2024

Daisy

The 8th Bangladesh International Printing, Packaging & Signage Expo 2024 is set to take place from October 24 to 26, 2024, at the International Convention City Bashundhara (ICCB) in Dhaka, Bangladesh. Organized by Redcarpet Global in collaboration with the Bangladesh Garment Manufacturers & Exporters Association (BGMEA), the expo promises to be a pivotal event for […]

8th BIGTEX 2024 – Bangladesh International Garment & Textile Machinery Expo Set to Kick Off

July 15, 2024

Daisy

The 8th Bangladesh International Garment & Textile Machinery Expo (BIGTEX) 2024 is scheduled to take place from October 24 to 26, 2024, at the International Convention City Bashundhara (ICCB) in Dhaka, Bangladesh. Organized by Redcarpet Global in association with the Bangladesh Garment Manufacturers & Exporters Association (BGMEA), the event promises to be a significant gathering […]

Vietnam Targets $3.5 Billion in Durian Exports for 2024

July 12, 2024

Daisy

Vietnam is setting ambitious goals for its fruit and vegetable export sector, with a particular focus on durian. According to the Vietnam Fruit and Vegetable Association, the nation aims to achieve $3.5 billion in export turnover from durian in 2024, marking a 55% increase from the previous year. In June 2024 alone, fruit and vegetable […]

Georgia Boosts Blueberry Exports to EU and UK

July 12, 2024

Daisy

Georgia’s Ministry of Economy announced on Tuesday its plans to export 500 tonnes of blueberries to the European Union and the United Kingdom as part of a strategic initiative aimed at expanding international market opportunities for local producers. According to Agenda.ge, a significant portion of the blueberry shipment has already been sent to these key […]

India Sees Strong Growth in Car Exports, Stable Domestic Sales in Q1

July 12, 2024

Daisy

India’s car exports showed robust growth in the first quarter of 2023-24, totaling 180,483 units, marking an 18.6% increase compared to the previous year. This surge was driven by strong demand in key international markets, according to data released by the Society of Indian Automobile Manufacturers (SIAM).   Meanwhile, domestic car sales remained steady at […]

China’s Trade Surplus Reaches Record High Amidst Economic Uncertainty

July 12, 2024

Daisy

China’s export growth reached its highest pace in fifteen months this June, indicating that manufacturers are accelerating orders in anticipation of potential tariffs from a growing list of trade partners. However, imports saw an unexpected decline due to weak domestic demand. This mixed trade data underscores the need for further government intervention as China’s $18.6 […]

Surge in Northern Imports Driven by EV Boom

July 11, 2024

Daisy

Recent data from the Trade and Export Promotion Center reveals a significant rise in imports from northern regions, largely attributed to the booming entry of electric vehicles (EVs) and other consumer goods. This upward trend is a promising indicator of robust trade activities and economic resilience.   From January to June 2024, imports from the […]

Significant Rise in Gas Exports to Europe in First Half of 2024

July 11, 2024

Daisy

In the first half of 2024, a notable increase in natural gas exports to Europe was recorded, reaching 6.4 billion cubic meters (bcm). This growth reflects the expanding role of the region in the global energy market.   From January to June, gas exports demonstrated substantial growth, with considerable volumes sent to major markets. During […]

Indian Exports Maintain Quality Standards Amid Minor Spice Shipment Issues

July 11, 2024

Daisy

Commerce and Industry Minister Piyush Goyal emphasized on Wednesday that Indian exporters uphold stringent quality standards, addressing recent concerns over a few consignments of spices as “very very” minuscule and not indicative of broader issues.   Goyal highlighted that the isolated incidents affecting certain spice shipments were minimal compared to India’s robust USD 56 billion […]

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