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December 2024
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Stay Updated with the Latest News from the International Trade Council and Our Members

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 AgrÁ ­cola Cerro Prieto (ACP) umbrella, highlights the growing demand for high-quality Peruvian produce in international markets and underscores […]

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 […]

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 […]

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 […]

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 […]

Ireland’s Vegetable Imports Highlight Growing Trade Opportunities

November 18, 2024

Jessica Jumaway

Ireland’s vegetable imports soared past â‚ ¬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 â‚ ¬412 million—representing a 17% rise in value and a 6% increase in […]

U.S. Electricity Exports to Canada See Strong Growth

November 18, 2024

Jessica Jumaway

U.S. electricity exports to Canada have surged, reflecting a positive shift in cross-border energy trade. The rise in exports is largely attributed to lower natural gas prices in the United States and reduced hydropower generation in Canada. According to the U.S. Energy Information Administration (EIA), U.S. electricity exports to Canada jumped by 70% in 2023, […]

Chile Sets New Record for Fresh Fruit Exports, Strengthens Global Trade Presence

November 18, 2024

Jessica Jumaway

Chile’s fresh fruit export industry has achieved a historic milestone, reflecting the nation’s growing influence in global agricultural trade. Between January and October 2024, Chile’s total exports reached $79.96 billion, a 0.9% increase compared to the same period in 2023. October alone contributed $8.72 billion, marking a 12.2% year-over-year increase, according to data from ProChile […]

Thailand Collaborates with Chinese E-Commerce to Enhance Agricultural Trade

November 18, 2024

Jessica Jumaway

Thailand is advancing its agricultural trade through a strategic collaboration with Shanghai Taihuixuan Technology Co., Ltd., marking a significant milestone for the country’s export sector. The Ministry of Agriculture and Cooperatives and the Marketing Organization for Farmers (MOF) recently signed a Memorandum of Understanding (MOU) on November 15, 2024, to launch “THAI MALL” on leading […]

Vietnam’s Durian Exports Surge to $3 Billion, Strengthening Global Trade Influence

November 18, 2024

Jessica Jumaway

Vietnam’s durian industry is experiencing an extraordinary boom, reaching a record $3 billion in exports, with expectations for further growth in 2024. This success is driven by the country’s strategic advantage of producing durians during the off-season, positioning Vietnam as the sole supplier of fresh durians when other countries have completed their harvests. As a […]

Poland Strengthens Trade and Industry with New Ammunition Manufacturing Initiative

November 18, 2024

Jessica Jumaway

Poland has announced a significant step toward enhancing its industrial capabilities by signing a letter of intent with key domestic companies to manufacture essential materials for ammunition production. The initiative aims to boost local expertise and reduce reliance on imported components, positioning Poland as a key player in the defense manufacturing sector.   “This is […]

Moldova Sees Surge in Apple Exports to the EU, Doubling Export Value

November 17, 2024

Jessica Jumaway

Moldova has achieved a significant milestone in its agricultural export sector, with apple exports to the European Union reaching an impressive $12.48 million in the first ten months of 2024, marking a twofold increase in value compared to the previous year. This surge is attributed to the hard work of Moldovan farmers and targeted government […]

Thailand’s Economy Surges 3% in Q3, Fueled by Strong Exports and Strategic Stimulus Measures

November 17, 2024

Jessica Jumaway

Thailand’s economy exceeded expectations in the third quarter of 2024, with a robust 3% year-on-year growth, driven by a resurgence in exports and strategic government stimulus initiatives. The National Economic and Social Development Council (NESDC) reported this impressive performance, surpassing the 2.4% growth forecast and the 2.2% expansion seen in the previous quarter.   Quarterly […]

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