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Posts Tagged ‘ExportGrowth’

Mexico Strengthens Position as Key Market for U.S. Dairy Exports

Agricultural Exports, Mexico, News

December 20, 2024

Mexico is solidifying its position as one of the most important markets for US dairy exports, showcasing the strength of the trade relationship between the two countries. This growing partnership is driving opportunities for agricultural trade and fostering mutual economic benefits.   Currently, Mexico purchases more than 25 percent of US dairy exports, representing 4.5 […]

Philippine Automotive Parts Exports Drive Economic Growth

Automotive Industry, News, Philippines

December 19, 2024

The Philippine automotive parts industry is set to achieve remarkable milestones in 2024, with export revenues projected to reach $1.21 billion by year-end. This marks a robust contribution to the country’s international trade and reflects the growing demand for high-quality automotive components worldwide.   Looking ahead, forecasts indicate an increase in export performance, with revenues […]

New Zealand’s Horticulture Sector Boosts Trade with Record Export Growth

Agricultural Exports, New Zealand, News

December 19, 2024

New Zealand’s horticulture industry is achieving remarkable milestones, with export revenue forecasted to hit a record NZ$8 billion (US$4.5 billion) by 30 June 2025, according to the latest Situation and Outlook for Primary Industries (SOPI) report from the Ministry for Primary Industries. This 12% growth reinforces the country’s position as a leading player in global […]

Japan’s Exports Show Strong Growth, Highlighting Resilience in Trade

International Trade and Export, Japan, News

December 19, 2024

Japan’s export sector continues to demonstrate resilience, posting a stronger-than-expected 3.8% year-on-year growth in November. This performance reflects robust global demand and the advantages of a competitive yen, reinforcing Japan’s position as a key player in international trade.   Chip Making equipment emerged as a standout, with significant demand from Taiwan and China driving growth. […]

Philippines and South Korea Trade Agreement to Boost Banana Exports

Free Trade Agreements, News, Philippines, South Korea

December 19, 2024

The forthcoming trade agreement between the Philippines and South Korea is set to create new opportunities for the Philippine banana industry. Starting on January 1, 2025, the agreement will reduce tariffs on bananas, making the country’s exports more competitive in the South Korean market.   Trade Secretary Ma. Cristina Roque highlighted the potential benefits during […]

Malaysia Strengthens Trade Momentum with Steady Export Growth

International Trade and Export, Malaysia, News

December 18, 2024

Malaysia’s trade performance continues to impress, with exports rising 4.1% year-on-year in November to 126.57 billion ringgit ($28.31 billion). This marks the second consecutive month of export growth, reflecting the country’s resilience and strategic positioning in global trade.   Key industries, particularly manufactured and agricultural goods, have been instrumental in driving this success. Exports of […]

Philippines and Korea Strengthen Trade Ties and Drive Connectivity Through New Agreement

International Relations, News, Philippines, South Korea

December 18, 2024

The National Economic and Development Authority Board has approved the implementation of the free trade agreement between the Philippines and Korea, marking a significant milestone in enhancing economic collaboration and trade relations. This agreement aims to reduce market barriers, foster investment opportunities, and provide expanded access to goods and services between the two countries.   […]

Strengthening Balanced Trade and Regional Connectivity in Africa

Africa, International Trade, News

December 17, 2024

Efforts to boost trade and connectivity with African nations are gaining momentum, focusing on fostering mutually beneficial agreements and enhancing infrastructure links across the region. Recent discussions among key economic leaders have emphasized the importance of balanced trade agreements and regional collaboration to support economic growth.   New trade initiatives aim to create equitable agreements […]

Eurozone and EU Trade Demonstrate Resilience with Positive Growth

Europe, International Relations, News

December 17, 2024

The eurozone and European Union have showcased resilience and adaptability in their international trade activities, with October 2024 figures highlighting growth and stability despite global economic adjustments.   In the eurozone, exports of goods to the rest of the world climbed to €254 billion in October 2024, representing a 2.1% increase from the same period […]

UK Achieves Record Wind Power Output, Boosting Exports to France

News, United Kingdom

December 16, 2024

The United Kingdom has set a new record in renewable energy production, with wind power generation surpassing 22 gigawatts on Sunday. This remarkable achievement not only met the country’s energy needs but also led to the highest level of electricity exports to France in over a year, showcasing the UK’s growing role in the European […]

Philippines Strengthens Global Trade with Agri-Fisheries Drive

Agricultural Development and Trade, News, Philippines

December 11, 2024

The Philippines is taking significant strides to enhance its global trade position, with a particular focus on the agriculture and fisheries sector. The Department of Trade and Industry (DTI) and the Department of Agriculture (DA) have joined forces to implement strategic initiatives that will boost exports and strengthen the country’s economic standing.   By streamlining […]

Brazil’s Pork Industry Sees Robust Export Growth

Agricultural Exports, Brazil, News

December 11, 2024

Brazil’s pork industry continues to thrive, with November marking a significant milestone. The country exported a record-breaking 121.1 thousand tons of pork, a 15.1% increase compared to the same period last year.   This surge in exports has also translated to substantial revenue growth. The industry generated US$291.7 million in November, a 29.5% increase year-over-year. […]

Korea’s Cosmetic Exports Reach Record-Breaking $9.3 Billion, Boosting Global Trade

International Trade and Export, News, South Korea

December 2, 2024

Korea’s cosmetic industry has achieved a significant milestone, with exports soaring to a record $9.3 billion from January to November 2024, according to the Ministry of Food and Drug Safety. This remarkable achievement surpasses the previous high of $9.2 billion in 2021, reflecting the growing global admiration for Korean beauty products and their influence on […]

Morocco Achieves Remarkable Export Growth Across Aerospace and Automotive Sectors

International Trade and Export, Morocco, News

December 1, 2024

Morocco has experienced impressive export growth in several key industries, including aerospace, automotive, and phosphate products, during the first ten months of 2024.   The aerospace sector saw a notable 17.3% increase in exports, reaching $2.16 billion, driven by a 26.9% surge in the assembly segment, which accounted for $1.43 billion. The country’s strong political […]

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