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Posts Tagged ‘TradeGrowth’

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 […]

Vietnam and UAE Sign Historic Trade Deal to Strengthen Bilateral Economic Ties

International Relations, News, United Arab Emirates, Vietnam

October 28, 2024

Vietnam and the United Arab Emirates (UAE) have embarked on a new chapter in their trade relationship, finalizing a Comprehensive Economic Partnership Agreement (CEPA) that paves the way for increased cooperation and mutual growth. Signed by Vietnamese Prime Minister Pham Minh Chinh in Dubai, this agreement is Vietnam’s first free-trade agreement with a Middle Eastern […]

EU and China Advance Collaborative Talks on Electric Vehicle Trade

China, International Trade, News

October 25, 2024

The European Union and China are taking significant steps toward enhancing their trading relationship through continued technical negotiations on electric vehicles (EVs). Both parties are exploring innovative alternatives to the tariffs set to be imposed on China-made EVs, with the aim of fostering a more cooperative and beneficial trade environment.   In a recent video […]

Strong U.S.-UK Trade Relationship Poised for Continued Growth, Says British Finance Minister

International Trade and Economic Relations, News, United Kingdom

October 25, 2024

British Finance Minister Rachel Reeves recently highlighted the enduring strength of the U.S.-UK trade relationship, emphasizing its importance for both nations. In an interview with Reuters during the International Monetary Fund (IMF) and World Bank annual meetings in Washington, Reeves expressed optimism about the future of trade between the two countries.   “The U.S. remains […]

Germany Invests EUR 150,000 to Enhance Trade Opportunities for Developing Economies

Economic Development, Germany, News

October 24, 2024

Germany is taking a proactive step to bolster trade opportunities for developing economies and least-developed countries (LDCs) by pledging EUR 150,000 (approximately CHF 140,000) in 2024 to the Standards and Trade Development Facility (STDF). This initiative aims to strengthen sanitary and phytosanitary (SPS) capacities, enabling these nations to access global and regional markets more effectively. […]

G20 Ministers Embrace Sustainable Trade and Women’s Empowerment in Global Economy

Brazil, News, Trade Relations

October 24, 2024

G20 ministers gathered in Brasilia on October 24, 2024, to forge a progressive path forward for international trade, focusing on sustainable development and the vital role of women in the global economy. Brazil’s Vice President and Trade Minister, Geraldo Alckmin, proudly announced the agreement, underscoring the commitment to creating an inclusive trading environment that benefits […]

Malaysia’s June Trade Data Reports 1.3% Growth, Driven by Mineral Fuels

International Trade, News, Southeast Asia

July 26, 2024

The International Trade Council has released Malaysia’s trade figures for June, showing a 1.3% increase in overall trade activity. This growth is primarily attributed to a rise in the export unit value index, which increased by 0.6% from the previous month. Key contributors to this increase include mineral fuels (+2.4%), food (+1.2%), and machinery & […]

Global LNG Trade Sees Strong Growth in 2023, Spotlights Export and Import Developments

Energy / Natural Gas, News

July 15, 2024

The global liquefied natural gas (LNG) trade experienced significant expansion in 2023, with daily trade volumes averaging 52.9 billion cubic feet (Bcf/d), reflecting a 3.1% increase from the previous year, as reported by a prominent industry group.   This growth was propelled by enhanced export and import capacities alongside rising global natural gas demand. The […]

Surge in Northern Imports Driven by EV Boom

International Trade, News

July 11, 2024

Recent data from the Trade and Export Promotion Center reveals a significant rise in imports from northern regions, largely attributed to the booming entry of electric vehicles (EVs) and other consumer goods. This upward trend is a promising indicator of robust trade activities and economic resilience.   From January to June 2024, imports from the […]

Nigeria’s Role in Intra-Africa Trade Highlights Regional Growth

Africa, International Trade, News

July 10, 2024

Nigeria has maintained its position as the fourth-largest contributor to intra-Africa trade in 2023, according to the Africa Trade Report 2024. The report indicates a slight decline in Nigeria’s intra-Africa trade volume, totaling $8 billion compared to $8.2 billion the previous year. Despite this decrease, Nigeria continues to account for a significant share of 4.2% […]

Export-Import Trade Flourishes at Key Seaport

International Trade, News

July 9, 2024

A major seaport in Bangladesh has experienced significant growth in export-import trade during the fiscal year 2023-24 compared to the previous fiscal year. In FY2022-23, the port saw the arrival of 827 ships. This number rose to 846 ships in FY2023-24, surpassing the target of 840 ships by 6. This data was revealed in a […]

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