Posts Tagged ‘ExportGrowth’

South Korea’s export sector has delivered encouraging results for the first 20 days of November, achieving a 5.8% year-on-year growth, according to recent customs data. This uptick reflects the nation’s ability to navigate global market dynamics and sustain its position as a vital player in international supply chains.   Imports during this period saw a […]

India’s merchandise exports have seen impressive growth from April to October 2024, propelled by strong demand for key sectors such as pharmaceuticals, electronics, and engineering goods. With 21 out of the top 30 sectors recording growth, India continues to solidify its position as a global trade leader.   These export gains are reflective of India’s […]

Malaysia’s export sector has shown impressive resilience, with a notable recovery in October, signaling a positive trajectory for the country’s trade performance. Exports rose by 1.6% compared to the previous year, exceeding expectations and marking a strong rebound from September’s slight decline. This growth reinforces Malaysia’s position as a key player in the global trade […]

U.S. electricity exports to Canada have surged, reflecting a positive shift in cross-border energy trade. The rise in exports is largely attributed to lower natural gas prices in the United States and reduced hydropower generation in Canada. According to the U.S. Energy Information Administration (EIA), U.S. electricity exports to Canada jumped by 70% in 2023, […]

Korea’s agricultural exports reached a new milestone through October 2024, underscoring the country’s increasing role in global trade. With a surge in demand for both fresh and processed food items, total agricultural exports rose to $8.18 billion, marking an impressive 8.7% year-over-year growth, according to the Ministry of Agriculture, Food and Rural Affairs.   The […]

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 […]

In a strategic boost for the agricultural trade sector, the United States government has introduced a progressive update to its import regulations that promises to advance Chile’s table grape exports. Effective July 2024, the new guidelines permit specific regions in Chile, recognized for their minimal presence of the European grapevine moth, to export table grapes […]

News, Thailand, Trade and Export

November 4, 2024

Thailand’s export sector is on track to reach an impressive 2% growth this year, according to the Thai National Shippers’ Council. With a targeted export value of $290 billion, Thailand’s trade outlook reflects the country’s strategic efforts to strengthen its role in the global market. Exports, which are a key contributor to Thailand’s economic health, […]

Afghanistan’s renowned pomegranates are set to reach new markets as the country’s Chamber of Commerce and Investment accelerates efforts to expand exports to China and strengthen regional trade partnerships. With a growing global demand for Afghan pomegranates, recent discussions with Chinese traders signal promising trade opportunities that could elevate Afghanistan’s agricultural exports on the world […]

In an exciting development for the automotive trade landscape, a prominent Chinese electric vehicle manufacturer is preparing to launch its first hybrid vehicle, set to debut in 2026, exclusively in international markets. This strategic move is designed to enhance global market presence and respond to increasing demand for versatile vehicle options, while navigating the complexities […]

Agricultural Exports, News, Vietnam

October 29, 2024

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 […]

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 […]