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

China Requests WTO Panel to Review Turkey’s Electric Vehicle Measures

January 27, 2025

Jessica Jumaway

At the recent World Trade Organization (WTO) Dispute Settlement Body (DSB) meeting on January 27, 2025, China formally requested the establishment of a dispute panel to examine measures adopted by Turkey regarding electric vehicles (EVs) and certain other types of vehicles imported from China. This request follows consultations in November 2024 that were unable to […]

Paraguay Marks Milestone in Global Trade with First Persian Lime Exports

January 23, 2025

Jessica Jumaway

Paraguay has made a significant leap into the international citrus market with its inaugural export of Persian limes, marking a new era for the country’s agricultural trade. A shipment of 26 tonnes, sourced from the Concepción region, has successfully reached the Argentine market after meeting stringent international quality and phytosanitary standards.   This achievement is […]

South Africa Boosts Wine Export Revenues, Strengthening Global Trade Presence

January 23, 2025

Jessica Jumaway

South Africa’s wine industry celebrated a remarkable achievement in 2024, as export revenues grew despite steady shipment volumes, highlighting the sector’s adaptability and market strength. According to Wines of South Africa (WoSA), export revenues reached R10.3 billion, marking a 3% increase in local currency, while US dollar revenues climbed 4.3% to $562 million.   Packaged […]

Egypt’s Potato Exports to the UK Showcase Growing Trade Success

January 23, 2025

Jessica Jumaway

Egypt continues to demonstrate its strength in international trade, achieving a new milestone with record potato exports to the United Kingdom in 2024. Building on an impressive performance in 2023, Egypt increased its export volume by 2.7 times, delivering 23.7 thousand tons of potatoes and generating $13.5 million in revenue.   The export season, which […]

Japan’s December Export Growth Highlights Resilience in Global Trade

January 22, 2025

Jessica Jumaway

Japan’s exports continued to display resilience in December, achieving a 2.8% year-on-year growth and surpassing market expectations of 2.3%. This marks the third consecutive month of export expansion, reflecting the adaptability of Japanese trade amidst evolving global conditions.   A weaker yen played a pivotal role in enhancing the value of shipments, with strong demand […]

Kyrgyzstan Expands Banana Imports from Ecuador by 30%, Boosting Trade Opportunities

January 21, 2025

Jessica Jumaway

Kyrgyzstan’s banana imports have seen impressive growth, with the total volume reaching 33,050.9 tons valued at $24.2 million between January and November. This marks a significant increase from the previous year, when imports amounted to 25,725.4 tons worth $16.8 million. This uptick highlights the country’s expanding consumer demand and the strengthening of its trade partnerships. […]

India’s Coffee Exports Soar to $1.29 Billion, Meeting Global Demand

January 21, 2025

Jessica Jumaway

India’s coffee industry is experiencing impressive growth, with exports reaching a record $1.29 billion in FY 2023-24—nearly double the $719.42 million seen in 2020-21. This surge reflects the increasing global demand for India’s high-quality coffee, known for its unique and rich flavors. In the first half of January 2025 alone, over 9,300 tonnes of coffee […]

Brazil Prepares for Expanded Meat Exports to the Philippines, Strengthening Trade Ties

January 21, 2025

Jessica Jumaway

Brazil is on the brink of expanding its meat exports to the Philippines, marking another milestone in their growing trade partnership. The Philippine government is expected to soon approve Brazilian storage facilities for poultry, pork, and beef exports, a development that could significantly enhance trade efficiency and opportunities between the two countries.   “This approval […]

Vietnam Strengthens Global Trade with Impressive Fertilizer Export Growth

January 20, 2025

Jessica Jumaway

Vietnam’s fertilizer exports in 2024 showcased remarkable growth, reaching 1.73 million tons and generating nearly $710 million in revenue. This represents an 11.7% rise in export volume and a 9.4% increase in revenue compared to the previous year, reflecting Vietnam’s strengthened role in global trade.   The average export price of $411.1 per ton, while […]

Turkey’s Export Growth to the U.S. Enhances Trade Relations

January 20, 2025

Jessica Jumaway

Turkey achieved remarkable progress in trade by significantly increasing its exports to the United States in 2024, recording a growth of $1.26 billion compared to the previous year and surpassing $13 billion. This achievement underscores the growing trade partnership between the two nations and highlights Turkey’s adaptability in meeting global market demands.   The chemical […]

US Exploring Potential Tariffs on Mexico and Canada to Strengthen Trade Partnerships

January 20, 2025

Jessica Jumaway

The United States is considering a 25 percent tariff on imports from Mexico and Canada as part of ongoing efforts to address border-related concerns and enhance trade policies. The announcement, made on Monday, underscores the significance of fostering collaborative trade solutions among North American partners.   If implemented on February 1, 2025, the proposed tariffs […]

Taiwan’s Machinery Exports to the US Lead Global Trade Growth

January 20, 2025

Jessica Jumaway

Taiwan’s machinery exports reached new heights as shipments to the United States grew to $7.19 billion last year, surpassing the $6.86 billion sent to other key markets. This development highlights the resilience and adaptability of the machinery industry amid evolving global trade dynamics.   The increase in US-bound shipments reflects proactive measures taken by exporters […]

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