The 2023 National Defense Authorization Act (NDAA) introduced significant new provisions aimed at strengthening the security and resilience of critical minerals supply chains essential to US defense capabilities. As global competition intensifies and geopolitical tensions threaten the stability of resource flows, the NDAA’s supply-chain security measures underscore the strategic importance of minerals such as rare […]
Morocco is on the brink of setting a new record in sweet pepper exports, showcasing its potential as a leading player in the global agricultural market. Recent data indicates that from January to August 2024, the country exported nearly 150,000 tons of sweet peppers, marking an impressive 20% increase compared to the same period last […]
Vietnam’s chili exports are thriving, reaching an impressive $22.2 million in the first three quarters of 2024, with a volume of 9,274 tons. This achievement reflects a robust growth of 5.3% in quantity and a remarkable 31.8% increase in value compared to the same period last year, as reported by the Vietnam Pepper and Spice […]
In an interesting turn of events, Brazil’s fruit export market is showcasing resilience and adaptability as it navigates challenges within the grape sector. While grape exports have experienced a notable decline in 2024, other fruits, particularly mangoes and limes, are thriving and driving positive trade developments. Recent data from AgroStat/Mapa, analyzed by Abrafrutas, reveals […]
The province of Huelva is proudly celebrating a significant milestone in its berry exports, achieving an impressive â‚ ¬1.101 billion in sales during the first seven months of 2024. This remarkable figure marks a 10.1% increase year-on-year, further solidifying Huelva’s position as Spain’s foremost exporter of red fruits and making a vital contribution to the […]
Thailand’s Finance Ministry projects a 3% economic growth rate for 2025, fueled by strong performances in private consumption, exports, investment, and tourism. As Southeast Asia’s second-largest economy, Thailand anticipates a robust influx of 39 million foreign tourists next year, an increase from the expected 36 million arrivals in 2024, reinforcing the nation’s tourism sector as […]
A significant milestone in agricultural trade was achieved with the inaugural shipment of fresh coconuts from Tien Giang Province to China on October 24. This event underscores the province’s commitment to expanding its agricultural exports and enhancing Vietnam’s presence in global markets. Local officials highlighted the importance of this export as a reflection of […]
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 […]
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 […]
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, […]
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 […]
The global e-commerce landscape reached an impressive milestone of $5.8 trillion in 2023, with forecasts pointing toward an increase to $6.3 trillion by the end of 2024. Turkey, recognizing the immense potential in this sector, is actively working to enhance its share of the global e-commerce trade, according to the Turkish Minister of Trade at […]
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. […]
Swiss companies are accelerating their investments in India, spurred by a new $100 billion regional trade deal that promises to strengthen ties and open new avenues for growth in the dynamic Indian market. The anticipated Trade and Economic Partnership Agreement (TEPA) between India and the European Free Trade Association (EFTA) is set to simplify access […]
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 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 […]