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

March 16, 2022 0Comments 156Views

G7 Countries Not To Limit Their Food Exports, Says Ministers

G7 countries in a recent announcement have pleaded with all the member countries to not restrict or limit their food exports in order to self-sustain or battle out with other countries amid the Russia-Ukraine war. Shipments from Russia and Ukraine are halted due to the war. G7 countries consist of Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States. Most of these countries are battling out the suddenly barred trade from Russia and Ukraine, both of which are the top food-related industries. Russia – The Largest Fertiliser Exporter Russia is the top exporter and one of the largest producers of fertilisers in the world. It produces 50 million tons of fertilisers annually and accounts for about 15%

Ukraine Clean Energy Market Amid Russia-Ukraine War

March 11, 2022 0Comments 140Views

How Ukraine Clean Energy Market Is Valuable To Russia and the EU?

Russia-Ukraine war is causing troubles across nations as many commodities prices have peaked high, while shipment delays from both Russia and Ukraine are also causing bottlenecks in the supply chain. There are commodities that countries import from both Russia and Ukraine, such as wheat, for which both countries account for 29% of global exports. On the other hand, for the exports of corn, both countries account for around 19% of the global exports. The shortage of commodities is evident in many countries, especially the EU, which accounts for 30-40% of Russian crude oil exports. A big proportion of the market in the EU imports Russian oil to fuel its factories and power plants, fulfilling the energy demand in the region.

February 23, 2022 0Comments 157Views

Russia-Ukraine Crisis – Global Supply Chain Impact Likely

Several commodity markets are starting to experience a risk of global supply chain hindrance due to growing tension between Russia and Ukraine. There is still plenty of uncertainty over how the situation will evolve, but it is still worthwhile to look at the potential impact on international trade as prices of several commodities including crude oil, metals, semiconductors, and food supplies have already been shot up. A risk to Russian natural gas flows via Ukraine to Europe arises if Russia invades Ukraine. While, depending on the scale of any invasion, it could also potentially have an impact on the production and export of Ukrainian agricultural commodities, including corn and wheat. Let’s discuss how the Russia-Ukraine conflict may impact the global

February 12, 2022 0Comments 132Views

EU Remains Highly Potential Market for Vietnamese Rice Exporters

With stable and great demand for speciality rice from Asia, the European Union (EU) remains a highly potential market for rice exporters of Vietnam. Our market research report on EU imports Vietnamese rice, EU’s rice imports from Vietnam totalled US$ 38 million in 2021 (till Sep stats), an increase from the 2020s US$ 35 million. Besides Vietnam, India, and Pakistan are also the biggest rice suppliers of the EU countries. Gain market insights of the EU rice market with detailed trade information. EU Imports Rice from Vietnam According to our database, the EU imported rice worth US$ 38 million (till Sep data) from Vietnam. In quantity terms, Vietnam shipped about 60,000 tonnes of rice in the said year. The

Philippines Paracetamol Shortage, Pharma Imports Also Increased

February 8, 2022 0Comments 164Views

Philippines Face Tylenol Shortage, Pharma Group Claims Opposite

The Philippines has been going through a minor shortage of a pharmaceutical group of medicine, paracetamol, also known by the trade name of “Tylenol”. The Pharmaceutical and Healthcare Association of the Philippines (PHAP) announced at the beginning of the year 2022 that the country is facing a shortage in the stock of paracetamol medicines. Philippines pharmaceutical imports reached a whooping state of $3.60 billion for the end year of 2021. According to our Philippine import data records, pharmaceutical imports are in the top 10 imports of the Philippines for the year 2021 with an approximate share value of 2.98% in the overall imports of the Philippines. Consumer Demand and Shortage With the emergence of a new coronavirus variant, Omicron in

September 8, 2021 0Comments 178Views

Pfizer New Deals With US, Japan, South Korea and Netherlands

Monday, August 23, 2021, marked the day for the Pfizer-BioNTech COVID-19 vaccine to be officially approved by the Food and Drug Administration (FDA). Pfizer-BioNTech COVID-19 vaccine is the first vaccine to be authorised under the name of FDA for 16 years and above. Pfizer-BioNTech COVID-19 vaccine was put in the third phase of a clinical trial in November 2020. In December 2020, the Pfizer-BioNTech COVID-19 vaccine was approved by the United Kingdom, making it the first vaccine to be authorised for use on an emergency basis. It was previously approved as an Emergency Use Authorization (EUA) vaccine, but now it is fully approved to be utilised by 16 years and above of age. However, EUA is still applied only for

September 8, 2021 0Comments 154Views

Oceania TEUs Increased In The Trade With Asian Regions

Trade between Oceania and Asia have found increase in the TEU containers but LCL containers are low in supplies for major Asian countries. Get shipment records from Market Inside.