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Posts Tagged ‘ExportGrowth’

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 […]

Moldova Expands Grape Exports, Strengthening Trade with the EU

Agricultural Exports, Moldova, Moldova, News

November 28, 2024

Moldova’s grape sector is achieving unprecedented success, with exports to the European Union (EU) now accounting for 74% of its total, up from 36% in 2021. This positive shift reflects Moldova’s dedication to enhancing its agricultural trade and tapping into new global markets. In the first ten months of 2024, the value of grape […]

Benin Strengthens Global Trade Prospects with Pineapple Exports to China

Agricultural Exports, Benin, News

November 28, 2024

Benin’s vibrant pineapple industry is poised for a significant leap in global trade as exporters prepare to expand their market reach to China. Currently, the West African nation exports around 85% of its premium-quality pineapples to France. However, new developments in infrastructure and strategic discussions are paving the way for a diversified export portfolio. […]

Germany Invests in Semiconductor Industry to Bolster Trade and Innovation

Germany, International Trade, News

November 28, 2024

Germany is taking a significant step to enhance its semiconductor industry and strengthen its role in global trade. The government has announced plans to allocate billions of euros in subsidies to support advanced chip production, a move designed to boost technological innovation and reinforce Europe’s position in the global semiconductor market. The initiative aligns […]

Costa Rica Poised to Enhance Trade by Joining the Trans-Pacific Partnership

Costa Rica, International Trade and Economic Relations, News

November 28, 2024

Costa Rica has received a formal invitation to join the prestigious Trans-Pacific Partnership (TPP), a move that promises to open new doors for trade and economic growth. This agreement will enable Costa Rica to strengthen its connections with a diverse group of nations, boosting access to markets such as Japan, Australia, Malaysia, New Zealand, Brunei, […]

China’s Manufacturing Sector Shows Modest Expansion in November

China, Manufacturing, News

November 28, 2024

China’s manufacturing activity is expected to continue its modest growth in November, marking the second consecutive month of expansion. Following a series of stimulus measures designed to bolster the world’s second-largest economy, the official Purchasing Managers’ Index (PMI) is projected to rise to 50.2, slightly higher than October’s reading of 50.1. A PMI above 50 […]

Vietnam’s Pepper Exports Exceed $1 Billion, Strengthening Global Trade Leadership

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 […]

Korea’s Dried Seaweed Exports Soar, Strengthening Global Trade Ties

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’s Strong Export Growth in October Signals Positive Supply Chain Outlook

International Trade and Export, News, Thailand

November 26, 2024

Thailand’s export sector delivered impressive results in October 2024, surpassing expectations and showcasing the resilience of the nation’s 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 […]

Kazakhstan Strengthens Regional Trade Ties with Turkmenistan Through Potato Exports

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 […]

Egypt’s Food Exports Surge by 15.7%, Highlighting Global Trade Success

Agricultural Exports, Egypt, News

November 26, 2024

Egypt has achieved remarkable growth in its food export sector, recording a 15.7% increase in the week ending November 22, according to a recent Cabinet report. Export volumes reached 162,000 tons, showcasing Egypt’s diverse offerings of over 680 types of fresh fruits, vegetables, and other food products. Vegetables led the charge with 60 varieties […]

Brazilian Papaya Exports Grow in 2024, Strengthening Global Trade Connections

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 […]

Peru Expands Agricultural Exports to China, Bolstering Asia-Pacific Trade Relations

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, […]

New Zealand’s Goods Exports Achieve Strong Growth in October

International Trade and Export, New Zealand, News

November 25, 2024

New Zealand’s trade performance in October showed promising growth, with goods exports rising by 7.5% year-on-year (YoY) to NZD 5.8 billion. This growth signals continued demand for New Zealand’s products, bolstered by key international markets. Exports to major trading partners saw significant increases, with China contributing an extra NZD 113 million (8.4% YoY), Australia […]

China’s Exports Set to Achieve Record High in 2024, Strengthening Global Trade

China, International Trade and Export, News

November 25, 2024

China’s export sector is poised for a record-setting year in 2024, with experts predicting a 7% growth in the final quarter compared to the same period last year. This growth is expected to bring China’s total exports to a historic $3.5 trillion, surpassing the previous record set in 2022. The surge in exports is […]

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