Asia Pacific Archives - Page 3 of 4 - Market Inside - AI-Powered Global Trade Intelligence Platform

June 10, 2022 0Comments 166Views

Malaysia Chicken Export Ban, Secures Its Own Domestic Supplies

In response to rising domestic demand and concerns over food supply stability, Malaysia imposed a ban on chicken exports, prioritizing the needs of its local market. As one of Southeast Asia’s major poultry producers, this move had immediate ripple effects across neighboring countries—particularly Singapore, which relied heavily on Malaysian live chicken imports. The ban highlights broader regional challenges in food security, supply chain resilience, and the balance between domestic priorities and international trade commitments. It also underscores the growing need for adaptive policy-making in the face of fluctuating global food dynamics. Malaysia Top Live Animals Export Malaysia top live animals export represented below are retrieved from Malaysia export data 2021. Each product features a corresponding total value of exports for

May 27, 2022 0Comments 151Views

Colombia’s Exports to the United Kingdom Increase in 2021

Colombia’s exports to the United Kingdom reached US$451 million in 2021, an increase from US$377.1 million reported in 2020. According to the reports, the bilateral trade relations between the two countries are in a period of prosperity, which is explained by the exit of the United Kingdom from the European Union. After Brexit, the United Kingdom is looking towards Colombia and Latin America for importing goods. Visualize data on Colombia’s exports to the United Kingdom and get a bigger and clear picture of trade between the two countries. Colombia’s Exports to the UK by Year Colombia shipped US$1,128.5 million worth of commodities to the United Kingdom in 2012. That dollar amount started declining and reached a low of US$377.1

May 21, 2022 0Comments 134Views

Italy Importing Gas From Qatar, But It Might Need To Do More

In the aftermath of the Russia-Ukraine war, the imports-reliant European country, Italy, will import gas from Qatar, which sounds like a ‘short-term solution’ to analysts. Russia’s gas imports account for nearly 40% of Italy’s total imports, as per global trade statistics 2021. However, the decision taken by Italy is deemed to be a temporary relief to the European country and not really pulling it out of the situation completely. The imports in Italy are the main source of its energy generation. A more long-term solution lies in energy generation through alternative methods and measures. Italy – A Heavily-Reliant Importing Country Italy is one of the European countries which relies heavily on the imports of energy commodities such as fossil fuels.

Bangladesh Cosmetics Import-Export and Global Market

May 16, 2022 0Comments 181Views

The Growing Beauty Trend In Bangladesh And Globally Rising Market

Filled not only with an abundance of products but also opportunities, the growth of the cosmetic industry is exponential, and it is increasing gradually too. The cosmetic industry of Bangladesh is in a rising state, and it is not only growing in the usage of beauty products but also increasing in the local manufacturing. Bangladesh’s cosmetic industry is bolstering with the passing of years and the inclusion of everyone using the products for their own purposes and objectives. Bangladesh’s skincare industry (a part of the cosmetics industry) was valued at $1.23 billion in 2020, primarily due to the rising trend in the use of makeup products on social media platforms. The skincare industry of Bangladesh is expected to rise by

May 10, 2022 0Comments 100Views

Turkey’s Barley Imports Increased Sharply in 2021 Due to Low Production

Turkey has reported a sharp increase in barley imports in 2021 due to low production. According to our database, Turkey’s barley imports totalled US$668.6 million in 2021, a rise from the 2020s US$163.4 million. Russia and Ukraine were the top suppliers of barley to Turkey. Turkey produced about 4500000 MT of barley in 2021, down by 44.44% as compared to the previous year. Get a complete picture of Turkey imports of barley and barley production in Turkey for detailed and better analysis. Barley Production in Turkey (2012-2021) Despite the decline in the assessment of domestic consumption, a significant reduction in barley production creates the need to increase grain imports, the volumes of which this season may become record-breaking. In 2021,

April 28, 2022 0Comments 131Views

Sri Lanka Economic Crisis – Sector-wise Snapshot of Sri Lankan Trade

India’s southern neighbour, Sri Lanka is struggling with the worst economic crisis since independence in 1948. The island nation is on the brink of bankruptcy, with nearly USD 7 billion of its total USD 25 billion in foreign debt due for repayment this year. A severe shortage of foreign exchange means the country lacks the money to buy imported goods. The people of Sri Lanka are facing severe shortages of essential items like food, cooking gas, fuel, and medicines. In terms of trade, Sri Lanka is not having enough money to buy goods from other countries and to manufacture commodities in their own country for meeting rising demand & export to other nations as well. That is why Indian exporters

April 9, 2022 0Comments 155Views

Asia’s Trade On An Economic Brunt Due To The Russia-Ukraine War

With the blunt jab from the aftermath of the Russian invasion of Ukraine, the world’s biggest continent and the economy, Asia’s trade is going into a spiral as the continent’s countries are facing issues related to the trade flows and balancing out the economical values in terms of trade with both the countries indulged in the war. Asian countries such as India, Bangladesh, and Vietnam are a majority of those countries that rely on imports from both countries with a total worth of imports of $19.6 billion from Ukraine in 2020, and $195.56 billion from Russia in 2021. There are a number of challenges that Asia is facing to do trade with both countries. Asia’s Trade With Russia – By

April 6, 2022 0Comments 159Views

Sri Lanka’s Worst Economic Crisis, Imports Tough; Countries Helping

Sri Lanka’s economic crisis is wreaking havoc with multiple factors pushing pressure on authorities and eventually citizens of Sri Lanka. The Southeast Asian country is also facing troubles with managing the inbound shipments and imports to maintain inventories. Sri Lanka imports grew by 71.63% year-on-year in February 2022, revealed from Sri Lanka import data. It has become increasingly intense for Sri Lanka to allow the imports and most importantly, pay for the importation of commodities required in the country right now. Few countries have lent hands to Sri Lanka for the current circumstances prevailing. Sri Lanka Imports Sri Lanka is already in debt to other countries and is finding it tough to make imports in the country at the current

March 29, 2022 0Comments 147Views

Russia-Ukraine War – How Reliant is the World on Russian Oil & Gas?

Amid Russia’s invasion of Ukraine, the United States of America, the United Kingdom, and the European Union have announced to restrict Russian crude oil and gas imports. However, still, they are dependent on Russian oil and gas as Russia is the world’s second-largest exporter of crude petroleum oil and seventh-biggest supplier of petroleum gas. According to our database, Russia exported oil worth US$110.1 billion and gas worth US$8.8 billion in 2021. Here is an in-depth analysis of the Russian oil and gas export market and which countries are still buying oil and gas from Russia. What sanctions are there on Russian oil and gas? The United States has announced a complete ban on Russian oil, gas, and coal imports after