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

Australian Avocado Industry Thrives with Increased Global Trade

October 29, 2024

Jessica Jumaway

Australia’s avocado industry has reached new milestones in production and trade, as revealed in Avocados Australia’s latest “Facts at a Glance 2023/24 Report.” Supported by Hort Innovation, the report highlights a 30% increase in total avocado production, which reached a record 150,913 tonnes in 2023/24, up from 115,385 tonnes the previous year. The industry’s gross […]

Peruvian Blueberry Exports to U.S. Surge by 74% in 2024, Strengthening Trade Ties

October 29, 2024

Jessica Jumaway

Peru’s blueberry sector has achieved substantial growth this year, with fresh blueberry exports to the United States rising by 74% from January to August 2024. According to the Association of Exporters (Adex), Peru’s blueberry exports reached a total value of $545.9 million for 72,000 tons, marking a 41.5% increase from the $385.7 million reported during […]

Electronics Industry Sets Ambitious Goal for 5% Export Growth in 2025

October 28, 2024

Jessica Jumaway

The Semiconductor and Electronics Industries in the Philippines Foundation, Inc. (SEIPI) is excited to announce its target of a 5% increase in exports for the upcoming year, driven by proactive inventory corrections and a surge in new investments.   SEIPI President Danilo C. Lachica shared this optimistic outlook during the 13th Arangkada Philippines Forum 2024, […]

India Seeks Strategic Partnerships to Boost Critical Mineral Imports for Energy Transition

October 28, 2024

Jessica Jumaway

As India embarks on an ambitious journey toward renewable energy, the country is strategically positioning itself to enhance its trade in critical minerals essential for this transition. The Institute for Energy Economics and Financial Analysis (IEEFA) has identified a tremendous opportunity for growth, highlighting the need for India to develop a well-formulated strategy to meet […]

Thailand’s Export Momentum Poised to Drive 2% Growth Amid Global Demand Surge

October 28, 2024

Jessica Jumaway

Thailand’s export sector continues to show promising growth, with a 1.1% year-on-year increase in September, totaling $25.98 billion. The country’s Trade Policy and Strategy Office (TPSO) forecasts a 2% annual growth, fueled by a favorable global economic landscape, rising demand for Thai products, and easing inflation in key markets like Europe and the United States. […]

Vietnam and UAE Sign Historic Trade Deal to Strengthen Bilateral Economic Ties

October 28, 2024

Jessica Jumaway

Vietnam and the United Arab Emirates (UAE) have embarked on a new chapter in their trade relationship, finalizing a Comprehensive Economic Partnership Agreement (CEPA) that paves the way for increased cooperation and mutual growth. Signed by Vietnamese Prime Minister Pham Minh Chinh in Dubai, this agreement is Vietnam’s first free-trade agreement with a Middle Eastern […]

Laos’ Durian Industry Thrives with Promising Trade Prospects to China

October 27, 2024

Jessica Jumaway

Laos is witnessing a remarkable transformation in its durian industry, as local farmers and entrepreneurs strive to export this beloved fruit to China, the world’s largest consumer of durians. With the recent successful harvest of high-quality durians, Laos is poised to establish itself as a significant player in the global market.   A local entrepreneur […]

Turkey Strengthens Position in Global Hazelnut Trade with China

October 27, 2024

Jessica Jumaway

Turkey is celebrating a remarkable achievement in its hazelnut industry, solidifying its status as a leading exporter to China. According to reports, the 2023/24 hazelnut production season has yielded impressive results, with exports reaching 303,458 metric tons. This outstanding performance has resulted in an export value of $2.349 billion, reflecting a robust increase of 30.9% […]

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