Globally, the wood pellet industry has crossed USD 6 billion in exports in 2023. As per the industrial trends, this market is supposed to grow at a speed of 6.2% annually from 2024 to 2030, driven by the shift toward renewable energy. The USA with its superior manufacturing power and suitable climatic conditions is leading […]
The USA and China, are the largest economies in the world with a bilateral trade value of more than $500 billion in 2023. With their immense potential for manufacturing processes, they dominate the global export market, benefitting the export and import businesses globally. However, this billion-dollar trade has been strained in the last few years […]
Germany, the heart of Europe, is experiencing a slowdown in economic activity in a couple of months. A series of factors, including supply chain disruptions, Geopolitical challenges, and global downturn, are responsible for this weakening demand in May and June. This all together affecting the Germany’s trade performance. Despite these challenges, Germany’s economy remains the […]
The diplomatic and trade relations between Israel and Iran have been very complex and hostile. This relationship is becoming worse day by day with starting of Iran-Israel conflict. Amid the growing tension, Iran warned the world with confirmed retaliation. This poses a potential threat to the global oil supply. In the international trade arena, both […]
The demand for marine and fisheries products portrays the billion-dollar market opportunity seafood products globally. Among these, some countries’ coastal boundaries provide a competitive edge with the perfect oceanic and climate conditions. Despite having a vast source of seafood products, countries failed to capture shares in the global market. This happens due to the high […]
Recently, India, the main contender for leader of the Global South presented a budget of approximately 4-5% of the GDP. This massive amount is to be distributed among the various sectors. Most of the allocation is for infrastructure, agriculture, industry, and manufacturing capacity. The Indian Govt also published a in-depth analysis of the country performance […]
Worldwide demand for eco-friendly vehicles is witnessing double-digit growth over the year. This could be observed from traditionally fuelled power to electric run engines. And, opens the door for a billion dollar market for EVs and the business directly or indirectly associated with it. In Western countries, Chinese exporters of zero-emission vehicles have successfully replaced […]
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