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Vietnamese wheat flour products have successfully passed stringent examinations for export to Taiwan (China), marking a significant milestone for Vietnamese enterprises.   After a comprehensive evaluation lasting over 17 months, the Taiwan Food and Drug Administration (TFDA) has concluded its inspection process, giving the green light for Vietnamese wheat flour products to enter the Taiwanese […]

July 15, 2024

Daisy

Energy / Natural Gas, News

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The global liquefied natural gas (LNG) trade experienced significant expansion in 2023, with daily trade volumes averaging 52.9 billion cubic feet (Bcf/d), reflecting a 3.1% increase from the previous year, as reported by a prominent industry group.   This growth was propelled by enhanced export and import capacities alongside rising global natural gas demand. The […]

The 8th Bangladesh International Printing, Packaging & Signage Expo 2024 is set to take place from October 24 to 26, 2024, at the International Convention City Bashundhara (ICCB) in Dhaka, Bangladesh. Organized by Redcarpet Global in collaboration with the Bangladesh Garment Manufacturers & Exporters Association (BGMEA), the expo promises to be a pivotal event for […]

July 15, 2024

Daisy

Bangladesh, Industry Events, News

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The 8th Bangladesh International Garment & Textile Machinery Expo (BIGTEX) 2024 is scheduled to take place from October 24 to 26, 2024, at the International Convention City Bashundhara (ICCB) in Dhaka, Bangladesh. Organized by Redcarpet Global in association with the Bangladesh Garment Manufacturers & Exporters Association (BGMEA), the event promises to be a significant gathering […]

July 12, 2024

Daisy

China, Economic Development, News

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China’s trade sector demonstrated robust growth, expanding by 2.9% to USD2.98 trillion in US dollar terms during the first half of the year, according to the latest data from the General Administration of Customs.   Imports into China grew by 2% to USD1.27 trillion, while exports increased by 3.6% to USD1.71 trillion, resulting in a […]

July 12, 2024

Daisy

Automotive Industry, India, News

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India’s car exports showed robust growth in the first quarter of 2023-24, totaling 180,483 units, marking an 18.6% increase compared to the previous year. This surge was driven by strong demand in key international markets, according to data released by the Society of Indian Automobile Manufacturers (SIAM).   Meanwhile, domestic car sales remained steady at […]

July 12, 2024

Daisy

China, International Trade, News

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China’s export growth reached its highest pace in fifteen months this June, indicating that manufacturers are accelerating orders in anticipation of potential tariffs from a growing list of trade partners. However, imports saw an unexpected decline due to weak domestic demand. This mixed trade data underscores the need for further government intervention as China’s $18.6 […]

July 11, 2024

Daisy

International Trade, News

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Recent data from the Trade and Export Promotion Center reveals a significant rise in imports from northern regions, largely attributed to the booming entry of electric vehicles (EVs) and other consumer goods. This upward trend is a promising indicator of robust trade activities and economic resilience.   From January to June 2024, imports from the […]

Commerce and Industry Minister Piyush Goyal emphasized on Wednesday that Indian exporters uphold stringent quality standards, addressing recent concerns over a few consignments of spices as “very very” minuscule and not indicative of broader issues.   Goyal highlighted that the isolated incidents affecting certain spice shipments were minimal compared to India’s robust USD 56 billion […]