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

Vietnam’s Coconut Exports Thrive as Global Demand Surges

March 26, 2025

Jessica Jumaway

Vietnam’s coconut industry is experiencing remarkable growth as strong international demand and expanding market access drive increased exports. With rising global interest, particularly from key markets in Asia and North America, coconut prices have seen a significant increase, benefiting local producers and strengthening Vietnam’s position in the global trade network.   In Ho Chi Minh […]

Philippine Pineapple Exports Rise 7.5%, Industry Eyes Further Growth

March 25, 2025

Jessica Jumaway

The Philippine pineapple industry is on an upward trajectory, with global exports reaching approximately USD 787.12 million in 2024—a 7.5% increase from the previous year, according to the Philippine Statistics Authority.   China remained the top destination, importing USD 183.43 million worth of pineapples and related products. The Department of Agriculture (DA) anticipates continued expansion, […]

US Pork Exports to China and Hong Kong Show Strong Growth in Trade

March 25, 2025

Jessica Jumaway

The US pork industry continues to experience strong export growth to China and Hong Kong, reflecting robust trade relationships and increasing global demand. According to recent data from the USDA and the US Meat Export Federation (USMEF), exports rose by six percent in January compared to the previous year, reaching 37,596 metric tons. Export value […]

US Pork Exports to China and Hong Kong Show Strong Growth in Trade

March 25, 2025

Jessica Jumaway

The US pork industry continues to experience strong export growth to China and Hong Kong, reflecting robust trade relationships and increasing global demand. According to recent data from the USDA and the US Meat Export Federation (USMEF), exports rose by six percent in January compared to the previous year, reaching 37,596 metric tons. Export value […]

Switzerland Summit Highlights Oil Market Stability and Trade Growth

March 25, 2025

Jessica Jumaway

At the FT Commodities Global Summit in Lausanne, Switzerland, industry leaders expressed confidence in a well-supplied global oil market, reinforcing stability for international trade and economic growth. Executives emphasized that balanced production levels and efficient supply chains are contributing to steady pricing trends, supporting businesses and industries worldwide.   With additional supply expected in the […]

Thailand’s Auto Industry Gears Up for Trade-Driven Growth

March 25, 2025

Jessica Jumaway

Thailand’s automotive sector is showing promising signs of recovery, driven by strong export performance and strategic government initiatives aimed at boosting trade and manufacturing. Industry leaders at the Bangkok International Motor Show expressed optimism about steady progress, with improving market trends supporting long-term growth.   Recent trade data indicates a positive shift, with Thailand’s exports […]

China Strengthens Trade Ties Through Aviation Collaboration

March 25, 2025

Jessica Jumaway

China’s Commerce Minister recently met with a global aviation leader to discuss expanding cooperation in the industry, reinforcing strong trade and economic ties. The discussions focused on fostering a stable and resilient aviation sector while promoting international collaboration to support global market growth.   The minister emphasized the importance of strengthening partnerships to enhance trade […]

South Korea and U.S. Delegation Strengthen Energy and Trade Cooperation

March 24, 2025

Jessica Jumaway

South Korea is set to welcome a high-level U.S. delegation to explore new opportunities for collaboration in energy, infrastructure, and advanced manufacturing. The visit underscores the strong trade relationship between the two economies and aims to enhance energy security while fostering investment in key industrial sectors.   With a focus on expanding energy cooperation, discussions […]

Albania’s Agricultural Exports See Strong Growth, Expanding Global Trade Presence

March 24, 2025

Jessica Jumaway

Albania’s agricultural sector continues to strengthen its position in international trade, with fruit and vegetable exports increasing by 18% in quantity and 15% in value compared to the previous year. This upward trend reflects the country’s commitment to enhancing agricultural production and expanding its global market reach.   The steady growth in exports underscores significant […]

Strategic Investment to Strengthen U.S. Steel Industry and Boost Trade

March 24, 2025

Jessica Jumaway

Ongoing discussions between industry leaders and the U.S. government are paving the way for a strategic investment aimed at strengthening the domestic steel sector and enhancing global trade. The collaboration seeks to drive innovation, boost manufacturing capabilities, and reinforce supply chain resilience, positioning the industry for long-term growth.   The latest developments indicate positive progress […]

Peru Invests $24 Billion in Irrigation Projects to Boost Agricultural Exports

March 24, 2025

Jessica Jumaway

Peru is set to expand its agricultural sector with a $24 billion investment in irrigation infrastructure, aiming to cultivate an additional one million hectares of farmland. The initiative, largely driven by public-private partnerships, will support 22 new and existing projects across the country’s coastal, highland, and Amazon regions.   Agriculture Minister Angel Manero highlighted the […]

U.S. Strengthens Global Trade Ties to Enhance Egg Supply

March 22, 2025

Jessica Jumaway

The United States is reinforcing its global trade partnerships by importing eggs from Turkey and Korea, ensuring market stability and affordability for consumers. This strategic move highlights the role of international trade in strengthening food supply chains and meeting consumer demand.   With imports already in motion and discussions underway with additional trade partners, the […]

Philippine Farmers Advocate for Government Intervention Amid Surge in Vegetable Imports

March 20, 2025

Raxer Toledo

The Philippine agricultural sector is currently facing challenges due to an influx of imported vegetables, prompting local farmers to seek increased government support to safeguard their livelihoods. The surge in imports has led to heightened competition, adversely affecting the domestic market and the income of local producers. Impact on Local Agriculture The entry of imported […]

Thailand Strengthens Quality Control Measures Following Contaminated Durian Export

March 20, 2025

Raxer Toledo

In response to recent concerns over contaminated durian exports, the Thai government is implementing stricter quality control measures to safeguard its agricultural trade relationships. This initiative follows China’s rejection of a 64-ton shipment of Thai durians found to contain Basic Yellow 2 (BY2), a carcinogenic dye, in February 2025. During a recent Cabinet meeting, Commerce […]

Indian Steel Sector Bolstered by Proposed 12% Safeguard Duty on Imports

March 20, 2025

Raxer Toledo

The Directorate General of Trade Remedies (DGTR), under India’s Ministry of Commerce and Industry, has recommended a provisional 12% safeguard duty on specific steel imports for a duration of 200 days. This measure aims to shield the domestic steel industry from a surge in low-cost imports, primarily originating from China, South Korea, and Japan. The […]

Indonesia and European Union Extend Import Trade Negotiations Amid Regulatory Challenges

March 20, 2025

Raxer Toledo

The International Trade Council reports that Indonesia and the European Union (EU) have prolonged their negotiations for a Comprehensive Economic Partnership Agreement (CEPA) due to ongoing regulatory challenges. Initiated in 2016, these discussions aim to enhance trade relations by addressing tariffs, non-tariff barriers, and investment opportunities. A significant point of contention is the EU’s forthcoming […]

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