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Posts Tagged ‘InternationalTrade’

Vietnam’s Textile and Garment Industry Targets Dynamic Growth in 2025

International Trade and Export Trends, News, Vietnam

January 19, 2025

Vietnam’s textile and garment sector is poised for exceptional progress in 2025, driven by strategic innovations, strengthened trade relationships, and a commitment to sustainability. With a stellar export performance of $44 billion in 2024, the industry has proven its resilience and adaptability, solidifying its position as a leading player in global trade.   By leveraging […]

India to Boost Global Trade with 1 Million Tons of Sugar Exports

Global Trade, India, News

January 19, 2025

India is set to enhance its contribution to international trade by approving the export of 1 million metric tons of sugar this season. This strategic move aims to manage domestic surpluses while supporting global market demand, reaffirming India’s position as a key player in the sugar trade.   By granting export permissions, the country provides […]

Chilean Cherry Exports Reach $3.1 Billion, Expanding Trade Horizons

Agricultural Exports, Chile, News

January 16, 2025

Chile’s cherry export sector has achieved an impressive $3.1 billion in 2024, making cherries the country’s top agricultural export outside of copper and lithium. With nearly 93% of these exports directed towards international markets, the demand for Chilean cherries continues to thrive globally, underscoring the nation’s position as a key player in the global fruit […]

Kenya and EU Partnership Unlocks New Horizons for Horticultural Trade

Agricultural Exports, Kenya, News

January 16, 2025

Kenya’s horticulture sector is achieving new milestones as the Economic Partnership Agreement (EPA) with the European Union (EU) secures duty-free and quota-free access for its products to EU markets. This trade agreement, complemented by a collaborative initiative, is equipping local farmers with vital technical skills and resources to enhance productivity and meet global standards.   […]

Egypt Leads Global Trade with Record Frozen Strawberry Exports to Brazil

Agricultural Exports, Egypt, News

January 16, 2025

Egypt’s thriving agricultural trade has reached new heights, as frozen strawberry exports to Brazil soared 30-fold over the past five years. By the end of 2024, over 30,000 tons of frozen strawberries, valued at $27 million, were shipped to Brazil, setting a historic benchmark for the sector.   This exceptional growth underscores Egypt’s strategic position […]

Indonesia Strengthens Trade Ties with New Zealand Through Steel Exports

Indonesia, International Trade and Export, News

January 16, 2025

Indonesia has reached a new milestone in international trade with the successful export of 1,200 metric tons of welded beam steel, valued at $1.5 million, to New Zealand. This achievement underscores Indonesia’s growing prominence in global markets, facilitated by the ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA).   The agreement, which allows for 0% import duty […]

Germany Strengthens Commitment to Supporting Trade through Food Safety Standards

Germany, International Trade, News

January 15, 2025

Germany continues to bolster its support for sustainable trade by contributing EUR 600,000 (approximately CHF 560,000) to the Standards and Trade Development Facility (STDF). This contribution is part of a multi-year agreement aimed at enhancing the ability of developing economies and least-developed countries (LDCs) to meet international food safety, animal, and plant health standards. Through […]

US and Taiwan Poised for Stronger Trade Relations Under Trump Administration

News, Taiwan, Trade Relations

January 15, 2025

The American Chamber of Commerce (AmCham) in Taiwan shared an optimistic outlook for U.S.-Taiwan relations as the incoming Trump administration takes office. The organization anticipates continued strong support for Taiwan, paving the way for enhanced trade and economic collaboration.   According to the 2025 AmCham Business Climate Survey, a significant 90% of members plan to […]

Brazil Expands Grape Exports to Asia with Sustainable Trade Innovations

Agricultural Exports, Brazil, News

December 17, 2024

Brazil is making strides in global trade with the expansion of its fresh grape exports to China, supported by innovative and eco-friendly packaging solutions. This development follows the signing of a phytosanitary protocol in November, opening doors for Brazilian table grapes to reach new international markets.   The introduction of the DaColheita packaging solution has […]

Singapore’s Export Growth Highlights Resilience in Global Trade

International Trade and Export, News, Singapore

December 17, 2024

Singapore’s export sector demonstrated impressive resilience in November, with non-oil domestic exports (NODX) increasing by 3.4% year-on-year, exceeding expectations and marking a strong recovery from October’s 4.7% decline.   The growth, fueled by a robust rise in electronics shipments, underscores Singapore’s critical role in global trade and its ability to adapt to evolving market demands. […]

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 […]

Japanese Sweet Potatoes Drive Export Growth with Innovation and Global Appeal

Agricultural Exports, Japan, News

December 16, 2024

Japan’s sweet potato exports have experienced remarkable growth, showcasing the country’s innovative approach to agriculture and its commitment to meeting international market demands. In 2023, export volumes reached 6,200 tons, marking a tenfold increase in shipment value over the past decade. This surge underscores Japan’s focus on quality and adaptability in global trade.   Agricultural […]

Philippine Agricultural Exports Set to Thrive with New Trade Partnership

Agricultural Exports, News, Philippines

December 16, 2024

In an exciting step for Philippine trade, the Department of Agriculture (DA) and the Department of Trade and Industry (DTI) have forged a partnership to unlock the global potential of the country’s agricultural exports.   A Memorandum of Agreement (MoA) between the two departments outlines a shared commitment to boosting export sales of key commodities […]

Vietnam’s Meat Imports Soar to US$1.7 Billion in 2024, Strengthening Global Trade Partnerships

Agricultural Development and Trade, News, Vietnam

December 12, 2024

Vietnam’s meat import sector is experiencing significant growth, with projected spending reaching US$1.7 billion in 2024. The country’s meat and meat by-products imports surged by 14.2% year-on-year, amounting to nearly US$1.6 billion in the first 11 months of the year, according to the General Department of Customs.   This positive trend reflects Vietnam’s increasing demand […]

Germany Launches Initiative to Strengthen Global Seafood Trade

Agricultural Imports, Germany, News

December 12, 2024

A new initiative led by Germany is paving the way for stronger global trade connections by linking sustainable seafood producers with European markets. This program, designed to address Europe’s growing seafood demand, focuses on fostering partnerships with small- and medium-sized enterprises from emerging markets while promoting eco-friendly practices.   Under this trade-focused initiative, seafood producers […]

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