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August 10, 2023 0Comments 337Views

America’s Pork Market Expands Boundaries Into Mexico Food Sector

America’s pork market is expanding its boundaries by entering into the Mexican food market. The US Market Export Federation (USMEF) has shared its views on strengthening the US pork industry in the retail and food service sector of Mexico and benchmarking its top quality. Under the marketing program named “American Pure Pork”, the USA is aiming to enhance and provide a “pure” level of quality in pork to Mexican consumers to increase sales and retain a long-term position in the Mexican market, considering both of them are close trading partners. Mexico’s Pork Demand – Historical and Current The demand for pork in the Mexican market can be understood through the trade data of Mexico, consisting of both the historical and

Germany Inflation Rising Again, Impacted Exports

July 24, 2023 0Comments 300Views

Germany Inflation On Rise Again; Weaker Economy, Exports Down

Germany inflation is on the rise again this year and has led to the downfall of the economy. The declining economy of Europe’s largest economy has resulted in the market downfall and higher prices of most consumer goods. Consumer goods such as dairy products, confectionary such as jam and bread, and fresh produce such as vegetables are affected by the inflation in Germany. So far, food prices have increased by 13.7% for the month of June compared to the previous year. Energy Prices Due To Invasion The Russian invasion of Ukraine took place on 24 February 2022 and marked the beginning of the withdrawal of Russian products. Not only the departure of commodities for imports, but Western nations also started

July 19, 2023 0Comments 257Views

Peru’s Copper Exports Rose in Q1 of 2023 from Q1 of 2022

Peru’s copper exports totalled USD 845 million in Q1 of 2023, an increase from the same quarter of 2022 Copper under heading 7403 was exported the most in 2022 China and the United States were the top export destinations of Peru’s copper Peru’s copper exports totaled USD 3375 million in 2022, and USD 845 million in Q1 of 2023. Peru accounts for 11% of global production. China and the United States are the top export destinations of Peru’s copper with a total value recorded at USD 1511 million and USD 664 million respectively in 2022. Quarterly speaking, Peru’s copper export market saw fluctuations in the value of shipments from Q1 of 2022 to Q1 of 2023. Have a thorough analysis

UK Supply Chain Disturbance For Fresh Produce Traders

July 13, 2023 0Comments 237Views

UK Traders Worry Over Costly “Fresh Produce” Imports From The EU

In a recent set of events, UK traders are worrying about the new strategy of the UK government. The latest UK post-Brexit border strategy is known as the target operating model (TOM). The new strategy proposal includes an additional levy on the import checks procedures. Due to the new border strategy by the UK government, UK traders, specifically from the “Fresh Produce Industry” are in the process of countering the by-product consequences of the levied charges. Imports of fresh produce include such as fruits, vegetables, cut flowers and plants. UK Fresh Produces Import The below-shown list of commodities consists of the fresh produces that the UK import from other countries. The featured values are the imports the UK accounted for

Russia’s Crude Oil Being Re-exported To The EU

April 26, 2023 0Comments 249Views

Russian Crude Imports Up In Asia. Are They Re-exporting To The EU?

Russian crude oil supplies are gaining traction in Asian countries and developing a refining capacity. The concerned authorities increasingly manufacture these refineries. The reports suggest that these refineries are refining Russian crude oil. But for what? The countries where the imports of crude oil are increasing in value from the inbound shipments of Russia are reportedly refining the Russian crude to export it further to the countries belonging to the European Union since the EU is in the process of absolution of Russian dependency. Asia’s Crude Oil Imports From Russia The imports of Russian crude in Asia are represented below in a yearly sequence. The time period follows 2019 to 2022 with each year’s respective import value. 2019 amounted to

Denmark Imported CO2 And Burying Undersea, Became The First Country To Do So

April 10, 2023 0Comments 345Views

Denmark, First Country Ever To Import CO2 And Bury It Undersea

Denmark has become the first country in the world to import CO2 and bury it undersea. The country has been importing carbon dioxide, but never it has made a step in climate change to create storage and avoid the depletion of the greenhouse gases like carbon dioxide. As per a new announcement, in the inauguration of a new project, on Wednesday—Denmark will store carbon dioxide 1,800 metres beneath the North Sea. What made this project different from other similar projects is that it will store the carbon dioxide imported from other countries. Denmark Historical CO2 Imports – Past 4 Years According to Denmark’s import data shown below, in the year 2019, the import of CO2 in Denmark amounted to $13.56

January 2, 2023 0Comments 497Views

US Medical Instruments Trade Growth: 10% (Import) and 8% (Export)

US medical instruments trade has received an upend growth this year so far, comparing the total value of exports till the third quarter of 2022 with the full value of exports amounting to the same period in last year. The market value of medical devices and instruments in the US was nearly $456.9 billion in 2020. The market value of medical devices in the US is expected to reach an amazing value of $612.7 billion by 2025. Medical Instruments Import The quarterly imports of the US’s medical instruments are represented below. As per the shown data, the imports have continued to grow by each quarter, except for the first quarter of 2022. From an import value of $7.4 billion in

Ukraine’s Food Exports To The EU Post-War

December 28, 2022 0Comments 228Views

Ukraine’s Food Exports To The EU Down By 17.5% In Q2 Post-War

Ukraine’s food exports to the EU have declined in the post-war period, specifically in the immediate aftermath of the Russia-Ukraine war, which started out in February this year. Following the first quarter of 2022, the second quarter registered a significant downfall. Since the Russian invasion of Ukraine in February 2022, food security in several countries has lessened, while the prices of food inflation have soared. Developed nations such as the EU, US, and UK have turned their attention to restricting Russian items, so the only hope is Ukraine. Ukraine’s Food Exports Ukraine’s contribution to the world’s food market accounts for 10% of the world’s wheat, 15% of the world’s corn, 13% of the world’s barley, and more than 50% of

All About Switzerland Electric Vehicles Ban

December 13, 2022 0Comments 296Views

Switzerland Is First To Ban EVs; Raises Suspicion, Know Why –

Switzerland’s proposal to ban the usage of electric vehicles took the world by surprise. The claim made online led to mass hysteria about the first country to ban EVs/electric cars, trucks, etc. This claim is neither completely true nor completely false, to say the least. Switzerland’s government have drafted an emergency proposal to conserve energy in the country during winter. In the said drafted proposal, the government mentioned that the usage of electric vehicles will be made limited. Know the full story – Electricity Generation Electricity generation in Switzerland is done majorly through hydroelectric power plants in the form of hydroelectric energy. This helps in fuelling the different materials and operations such as using heaters, air conditioners or even charging