Posts Tagged ‘EconomicGrowth’

Agricultural Exports, News, Vietnam

November 27, 2024

Vietnam has reached a significant milestone in its agricultural exports, surpassing $1 billion in pepper exports for the first time in a decade. According to the General Department of Customs, the country exported 18,415 tonnes of pepper in October, valued at $120.6 million. This marks a 7.7% increase in volume and a 9.1% rise in […]

Agricultural Exports, News, South Korea

November 26, 2024

Korea’s dried seaweed exports have achieved record-breaking success in 2024, underscoring the nation’s growing influence in the international food trade. According to the Ministry of Oceans and Fisheries, exports reached $850 million between January and October, already surpassing 2023’s annual record of $792 million. The year-end forecast predicts this figure will exceed $1 billion, marking […]

Thailand export sector delivered impressive results in October 2024, surpassing expectations and showcasing the resilience of the nations supply chain. According to data from the commerce ministry, exports rose by 14.6% year-on-year, significantly exceeding the 5.2% increase anticipated by analysts. This robust growth follows a more modest 1.1% rise in September, highlighting the positive momentum […]

Agricultural Exports, Kazakhstan, News

November 26, 2024

Kazakhstan continues to bolster its role as a key agricultural exporter, recording an impressive fivefold increase in potato exports to Turkmenistan from January to August 2024. According to the country’s statistical office, Turkmenistan imported 17,500 tons of Kazakh potatoes during this period, solidifying its place as a significant trade partner in the region.   This […]

Agricultural Exports, Brazil, News

November 26, 2024

Brazil’s papaya exports are on the rise in 2024, driven by growing demand from European markets and the fruit’s strong reputation for quality. Data from the Brazilian Fruit Growers Association (Abrafrutas) reveals that exports from January to October reached 35.84 thousand tons, a 14.65% increase compared to the same period in 2023. This growth has […]

Agricultural Exports, News, Peru

November 26, 2024

Peru is strengthening its presence in global trade by expanding agricultural exports to China, further solidifying its role in the dynamic Asia-Pacific market. Recent shipments of high-demand products such as pecans, chestnuts, frozen avocados, mangoes, and frozen blueberries showcase Peru’s commitment to diversifying and growing its trade portfolio.   President Dina Boluarte, speaking with CCTV-13, […]

Agricultural Exports, New Zealand, News

November 25, 2024

New Zealand’s fruit export sector has seen impressive growth, with kiwifruit playing a major role in driving this success. According to the latest data from Stats NZ, the country’s fruit exports in October 2024 were up 314% compared to the same month in 2023. The total value of fruit exports for the month reached NZ$188 […]

International Trade, News, Poland

November 18, 2024

Poland has announced a significant step toward enhancing its industrial capabilities by signing a letter of intent with key domestic companies to manufacture essential materials for ammunition production. The initiative aims to boost local expertise and reduce reliance on imported components, positioning Poland as a key player in the defense manufacturing sector.   “This is […]

The United Kingdom is set to relaunch discussions with India on a free trade agreement in early 2025, signaling a renewed commitment to building a stronger economic partnership between the two nations. Prime Minister Keir Starmer’s office confirmed on November 18 that talks would resume following a pause during the recent elections in both countries. […]

Thailand’s economy exceeded expectations in the third quarter of 2024, with a robust 3% year-on-year growth, driven by a resurgence in exports and strategic government stimulus initiatives. The National Economic and Social Development Council (NESDC) reported this impressive performance, surpassing the 2.4% growth forecast and the 2.2% expansion seen in the previous quarter.   Quarterly […]

The United Kingdom is encouraged to prioritize free trade and work towards strengthening its relationship with the European Union as a key strategy to enhance its economic growth, according to Bank of England Governor Andrew Bailey. In a recent speech, Bailey emphasized the critical importance of maintaining open and accessible trade policies amidst a global […]

Indonesia has posted impressive trade results for October 2024, showcasing strong growth in both exports and imports, which highlights the resilience of the nation’s trade sector amid global market dynamics.   Exports from Indonesia reached $24.41 billion in October, growing by 10.25% year-on-year—significantly surpassing market expectations of a 3.84% increase. This marks the highest export […]

Bangladesh, International Trade, News

November 4, 2024

In a proactive move to enhance its textile export capabilities, Bangladesh has started rerouting its shipments through the Maldives, marking a significant development in its trade strategy. This initiative aims to streamline logistics, better manage supply chains, and ensure timely delivery of products to global markets.   As the world’s second-largest garment producer, Bangladesh plays […]

Automotive Industry, Indonesia, News

November 4, 2024

Indonesia is on the verge of making significant strides in the global electric vehicle (EV) supply chain, as it prepares to export battery precursor materials to major manufacturers, including Tesla Inc. Minister of Energy and Mineral Resources, Bahlil Lahadalia, announced that exports are expected to begin by January 1, 2025, marking a promising development for […]

India, Manufacturing, News

November 4, 2024

India’s manufacturing sector is showcasing strong momentum, as indicated by the latest Purchasing Managers’ Index (PMI) report. In October, the manufacturing PMI surged to 57.5, up from an eight-month low of 56.5 in September. This significant increase reflects a resurgence in demand, leading to job creation and a promising outlook for businesses engaged in both […]