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Posts Tagged ‘TradeNews’

Vietnam Agricultural Exports Poised for Record Growth in 2024

Agricultural Exports, News, Vietnam

December 2, 2024

Vietnam’s agricultural sector is set to reach new heights in 2024, with exports projected to achieve a remarkable $60-61 billion in revenue, marking a significant increase from last year. This growth underscores the strength and competitiveness of Vietnam’s agricultural products on the global market.   Key sectors are driving this impressive expansion, with durians, often […]

Greece’s Tomato Exports Set to Surge, Boosting Trade Opportunities

Agricultural Exports, Greece, News

December 2, 2024

Greece is set to experience a significant boost in its tomato exports starting December 15th, following a challenging growing season. A hot summer and water shortages had initially delayed the harvest, but with production now on the rise, the country is prepared to meet increasing international demand, creating new trade opportunities for Greece’s agricultural sector. […]

Indonesia and Canada Strengthen Trade Relations with Comprehensive Economic Partnership Agreement

Canada, Indonesia, International Trade Agreements, News

December 2, 2024

Indonesia and Canada have signed a landmark Comprehensive Economic Partnership Agreement (CEPA), signaling a commitment to deepen economic ties and foster sustainable trade growth. This milestone agreement, finalized after three years of negotiations, will take effect in 2026 and aims to create a more predictable and mutually beneficial trade relationship between the two G20 nations. […]

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 […]

China’s Factory Activity Growth Reaches 5-Month High, Boosting Optimism for Global Trade

China, Manufacturing, News

December 1, 2024

China’s manufacturing sector showed strong improvement in November, with factory activity expanding at the fastest pace in five months. According to the Caixin/S&P Global Manufacturing Purchasing Managers’ Index (PMI), the index rose to 51.5, up from 50.3 in October, marking the highest level since June. This positive trend signals a solid rebound in China’s manufacturing […]

Canada Advocates for Unified Trade Policy Among North American Partners on China

Canada, International Relations, News

November 29, 2024

Canada is emphasizing the importance of stronger collaboration between the United States, Mexico, and Canada to create a unified approach to trade policies regarding China. Finance Minister Chrystia Freeland expressed confidence that the three nations have a valuable opportunity to align their strategies, ensuring a fair and competitive trade environment in North America.   Speaking […]

WTO Director-General Ngozi Okonjo-Iweala Reappointed for Second Term, Strengthening Global Trade Leadership

Global Trade, News, Switzerland

November 29, 2024

The World Trade Organization (WTO) General Council has reappointed Dr. Ngozi Okonjo-Iweala as Director-General for a second four-year term, set to begin on September 1, 2025. This decision underscores her exceptional leadership and significant contributions to advancing the global trade agenda.   Throughout her first term, Dr. Okonjo-Iweala played a pivotal role in guiding the […]

Thailand Strong Export Growth in October Signals Positive Supply Chain Outlook

International Trade and Export, News, Thailand

November 26, 2024

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

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 […]

Vietnam’s Fruit and Vegetable Exports Projected to Reach $7.2 Billion in 2024

Agricultural Exports, News, Vietnam

November 25, 2024

Vietnam’s agricultural export sector is experiencing impressive growth, with fruit and vegetable exports expected to reach an estimated $7.2 billion in 2024. According to the General Department of Vietnam Customs, the country has already achieved $6.6 billion in exports by November, reflecting a positive trajectory for the year.   Durian has emerged as a key […]

WTO Highlights Global Trade Linkages in Manufacturing Supply Chains at Switzerland Meeting

International Trade, News, Switzerland

November 25, 2024

The World Trade Organization (WTO), during its recent meeting in Switzerland, unveiled its Global Value Chains (GVCs) Sectoral Profiles, offering valuable insights into the interdependence of economies and industries within global manufacturing supply chains. These profiles, supported by value-added indicators from over 70 economies, aim to inform businesses and policymakers about the dynamics of global […]

Uzbekistan Sets New Agricultural Export Milestone with Record Melon Harvest

Agricultural Exports, News, Uzbekistan

November 25, 2024

Uzbekistan’s agricultural sector has reached a significant milestone in 2024, with the country achieving its largest-ever melon and gourd harvest. The Agency of Statistics under the President of Uzbekistan reports that the harvest exceeded 1.7 million tons, reflecting a 6.7% increase over the previous year.   This surge in production highlights Uzbekistan’s growing strength in […]

India Ramps Up Air Cargo Capacity to Boost Electronics Export Growth

India, International Trade and Export, News

November 25, 2024

India is making significant strides to enhance its air cargo infrastructure, paving the way for substantial growth in electronics exports. With smartphone exports expected to grow eight-fold and reach $180 billion by 2030, the government is prioritizing infrastructure development and logistics improvements to meet these ambitious targets.   Airports across the country, currently operating near […]

India’s Growing Solar Exports Highlight its Strong Trade Position in Renewable Energy

India, International Trade, News

November 21, 2024

India is rapidly emerging as a key player in the global solar export market, showcasing its growing manufacturing capabilities and strengthening its position in renewable energy trade. As demand for clean energy solutions increases worldwide, India’s solar module exports are on the rise, offering exciting opportunities for growth in both domestic and international markets.   […]

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