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Guangxi’s Trade Sector Flourishes in First Half of the Year

July 19, 2024

Amid global economic uncertainties, the Guangxi Zhuang Autonomous Region has shown remarkable resilience and growth in its foreign trade sector. Recent customs data revealed that Guangxi’s total imports and exports surged to 345.28 billion yuan ($47.57 billion) in the first half of the year, reflecting a significant 12 percent increase compared to the same […]

Egypt’s Export Growth Signals Economic Resilience and Strategic Vision

July 18, 2024

Egypt’s exports in April showcased a commendable 0.8% year-on-year increase, reaching approximately $3.3 billion, according to data from Egypt’s Central Agency for Public Mobilization and Statistics. This growth contributed to a 2.5% reduction in the country’s trade deficit, which stood at around $2.7 billion for the same period, underscoring Egypt’s effective economic management amidst […]

Japan Faces Trade Growth Challenges Amid Global Economic Landscape

July 18, 2024

Recent trade statistics from Japan indicate slower-than-expected growth in both exports and imports during June, reflecting ongoing economic complexities both at home and abroad. In June, Japanese exports rose by 5.4% year-on-year, below the forecasted 6.4% growth and a deceleration from the 13.5% increase seen in the previous month. Similarly, imports grew by 3.2% year-on-year, […]

Cambodia’s Dry Rubber Exports Surge to $213.3 Million in First Half of 2024

July 18, 2024

Cambodia’s dry rubber exports generated a robust $213.3 million in revenue during the first half of 2024, marking an 8.6% increase from $196.3 million during the same period last year, according to a recent report. The country exported 140,653 tonnes of dry rubber from January to June this year, reflecting a modest 1% rise from […]

Malaysia’s Trade Rises 8.7% in June 2024 to Reach RM237.8 Billion

July 18, 2024

Malaysia witnessed robust trade growth in June 2024, driven by a strengthening global economy. The total trade value increased by 8.7% year-on-year, climbing from RM218.8 billion to RM237.8 billion. This growth was primarily fueled by a significant rise in imports, which surged by 17.8% to RM111.8 billion, while exports saw a modest increase of 1.7%, […]

Significant Import Growth in Guangdong for First Half of 2024

July 18, 2024

Guangdong province has reported notable growth in imports of electromechanical and energy products during the first half of 2024, highlighting a strong economic rebound and increased domestic demand. Recent data shows that the province’s imports of mechanical and electrical products rose by 23.6 percent year-on-year, making up 64.2 percent of the total import value for […]

Singapore’s Export Resilience Amid Global Challenges

July 17, 2024

Singapore’s non-oil domestic exports for June showed resilience despite challenges, with a reported 8.7% year-on-year decline, slightly exceeding expectations. The drop, driven by non-electronic products, contrasts with a revised 0.7% contraction in May but indicates robust recovery potential. Economist Chua Hak Bin from Maybank noted Singapore’s capacity constraints and global supply chain disruptions, including […]

Indonesia Maintains Trade Surplus Despite Higher Oil Imports

July 17, 2024

Indonesia continued its streak of trade surpluses last month, showcasing resilience even as oil imports saw an increase, affecting the surplus marginally. Amalia Adininggar Widyasanti, interim head of Statistics Indonesia (BPS), reported on Monday that June marked the 50th consecutive month of trade surplus. Exports totaled US$20.84 billion, surpassing imports at US$18.45 billion, resulting in […]

Vietnam’s Export Orders Surge Ahead of Year-End Holidays

July 17, 2024

Vietnamese businesses are experiencing a notable uptick in new export orders as they gear up for the upcoming Christmas and New Year holidays. According to reports from industry sources, many garment companies have secured substantial export orders for the third quarter and are actively negotiating for the fourth quarter. Leaders and representatives in the […]

India’s Rice Export Policies Under Review Amidst Market Dynamics

July 17, 2024

In the competitive avocado market, a leading Colombian exporter anticipates exporting 12 million kilos of Hass avocados this year, surpassing initial forecasts by 20%. The challenges of balancing supply and demand dynamics are acknowledged by Carlos LondoÃƒÂ Ã‚Â±o, General Manager of the exporting firm, who emphasizes the commitment to competitiveness and sustainability within the industry. […]

Colombian Avocado Exporter Exceeds Expectations with 20% Growth Projection

July 17, 2024

In the competitive avocado market, a leading Colombian exporter anticipates exporting 12 million kilos of Hass avocados this year, surpassing initial forecasts by 20%. The challenges of balancing supply and demand dynamics are acknowledged by Carlos LondoÃƒÂ Ã‚Â±o, General Manager of the exporting firm, who emphasizes the commitment to competitiveness and sustainability within the industry. […]

Hong Kong Exports Surge Nearly 10% in May

July 17, 2024

The volume of Hong Kong’s exports rose by 9.8 percent in May compared to the previous year, with the total value of exports increasing by 4.5 percent, according to the Census and Statistics Department. Export volumes to Vietnam, the US, and mainland China climbed by 31.2 percent, 21.3 percent, and 15.8 percent respectively year-on-year. […]

Precision Engineering and Machine Tool Technology Show 2024 Set to Highlight Innovations in Manufacturing

July 17, 2024

The Precision Engineering and Machine Tool Technology Show 2024 (PRECITECH) is scheduled to take place in India, offering a comprehensive platform for showcasing advancements in smart manufacturing and related technologies. The event will cover a wide range of areas within precision manufacturing, ancillary industries, and emerging technologies shaping the future of the sector. Scheduled […]

Cambodia’s Fresh Longan Exports Surge 120% in First Half of 2024

July 16, 2024

Cambodia’s significant increase in fresh longan exports, which reached over 14,800 tonnes in the first semester of 2024ÃƒÂ¢ÃƒÂ¢Ã¢â‚¬Å¡Ã‚Â¬”a 120% rise compared to the same period last year, as reported by the Ministry of Agriculture, Forestry and Fisheries (MAFF). According to MAFF spokeswoman Im Rachna, Cambodia’s entry into the Chinese market in late 2022 has […]

Azerbaijan’s Tomato Exports Surge in Early 2024

July 16, 2024

Azerbaijan has seen a significant rise in tomato exports, reaching 86,067 tons in the first five months of 2024. This marks a substantial increase in both volume and value compared to previous years. In addition to robust export figures, Azerbaijan’s imports of tomatoes from Turkmenistan surged to 548 tons in the initial months of […]

Uttar Pradesh to Export 40 Tons of Mangoes to Japan and Malaysia

July 16, 2024

Uttar Pradesh is poised to export 40 tons of mangoes to Japan and Malaysia. This announcement was made during the inauguration of the UP Mango Festival 2024 at Awadh Shilp Gram. In a significant milestone for the region, Uttar Pradesh will also export Dussehri mangoes to the United States for the first time in […]

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