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Russia’s Withdrawal From Ukraine Wheat Deal

December 2, 2022 0Comments 266Views

Russia’s (Next) Withdrawal Will Impact Wheat Imports Globally

Russia withdrew itself from the UN-brokered deal, which stated that the Russian Federation allows Ukraine to export grain through the Black Sea en route. The withdrawal was likely to impact wheat and related food markets all over the world, along with wheat imports globally. While Russia, after suspending the extension of the UN-brokered Ukraine grain export deal to allow the exports of grain from Ukraine to other countries, the Federation can withdraw the decision again at any given time. Russia-Ukraine Wheat Exports The Russian invasion of Ukraine had already stirred things up in the world with the rising prices of grain such as wheat and corn, as the Russian Federation and Ukraine combined account for a 29% share of the

October 20, 2022 0Comments 342Views

Russian Iron & Steel Exports To Mexico At Historically Highest

Russia produces about 4% of the world’s iron and steel, following China at the top, with nearly half of the world’s iron and steel produced by the Southeast Asian country. In 2020, Russia was the fourth-largest steel producer and hence, Russian iron & steel exports were in the top 5. In 2022, the Russian Federation increased its crude steel production as compared to the production in 2020. The production of Russia’s iron and steel (Chapter 72) and exports reached their historically highest value in 2021 and so does the values of exports to Mexico peaked high. Russia’s Iron and Steel Demand Russian iron and steel production in 2021 reached a slightly better level compared to the preceding year. In 2021,

October 8, 2022 0Comments 356Views

Semiconductor Exports Down, Countries Registering Downward Trend

Semiconductor exports from different countries registered a downward trend in the year 2022. The exports related to semiconductors have been found to be falling in both the quarterly and yearly comparisons. The exports related to semiconductor consists of semiconductor, diodes, transistors, electronic integrated circuits, PV cells & modules, and semiconductor device as a whole. We will trace the exports of these components from the available HS Code classifications. Semiconductor And Related Exports The top exporting countries for semiconductors and all the related components [8541] are featured below in the image. The exports registered a downfall in some countries, while the majority of countries shown below registered an increase in Q2-2022 compared to Q2-2021. Commodities Similar To Semiconductor Exports Comparison Semiconductor

Japan’s Semiconductor Manufacturing Materials Exports Upward Trend

September 29, 2022 0Comments 215Views

Japan’s Semiconductor Manufacturing Materials Exports Growth

Japan’s semiconductor manufacturing will be finding a slight boost this year as the exports of the manufacturing materials of semiconductor is rising. The semiconductor exports as an end product are expected to grow if semiconductor manufacturing will grow in the near time. The semiconductor exports as compared to the semiconductor manufacturing industry output in Japan are at a bit lower levels. Nonetheless, the semiconductor exports will increase further as the semiconductor manufacturing materials will reach the countries manufacturing them. Tracing Exports Trend of Materials So Far The exports of semiconductor manufacturing materials from Japan are expected to grow as the representation of the semiconductor exports shows the second quarter of 2022 amounted to $236.61 million, up by 0.53% from the

Brazil Soybean Exports Surge, US Exports Down

September 17, 2022 0Comments 430Views

Brazil Soybean Whopping Exports Of $19B, US Suffering Losses

Brazil’s soybean exports are the highest ever recorded in 2022 with a whopping value of $19 billion. This is the highest ‘quarterly’ value registered by Brazil in years, with soybean exports accounting for an upward trend by the second quarter of 2022. The USA and Brazil are the top producers of soybean, with a contribution of over 60% of the whole world’s soybean production. This year, while soybean farming ploughing good results and exports, the farming industry in the US for soybean is affected and as a result, exports too. Soybean Production In The US and Brazil The production of soybean in the US and Brazil were in close war as the values almost nearing each other for both countries.

September 15, 2022 0Comments 260Views

Denmark’s Clean Energy Rise As Fossil Fuel Dependence Reduce

Denmark’s clean energy transition is taking a fast pace as the country is lessening its dependence on fossil fuels. The Danish government’s efforts are majorly directed toward lessening the usage of fossil fuels to make a transition. Denmark is moving towards a clean energy transition from fossil fuels. One report suggests that wind and solar energy contributed to about half of the electricity generation in Denmark in 2020. Look at Denmark’s import statistics to learn more about the country’s current posture in the market. Denmark’s Fuel & Oil Imports Denmark is planning to expand its renewable energy reliance to cut off the reliance on the usage of fossil fuels. The top imported fuels & oil commodities in Denmark are crude

September 13, 2022 0Comments 339Views

US Fuels & Oils Exports Surge 75% YoY, Refine Petrol Demand Is Highest

The US fuels and oils market is one of the fastest growing sectors with its counterparts such as China and Russia. The US fuels and oils exports increased in 2021 and 2022 both showing positive growth for US fuels & oils exports. The share of ‘Refined Petroleum Oil’ (Heading 2710) is the highest among all the commodities in ‘Mineral Fuels and Oils’ – Chapter 27. The US has the largest share of refined petroleum oil production with a percentile of 20%, followed by China with a share of 17% and Russia with 7%. US Fuels & Oils Exports The exports of the US for fuels and oils have not been growing frequently in the previous years. In fact, the rise

September 5, 2022 0Comments 268Views

Russia-UK Trade Down In 2021, No Other Country’s Imports Declined

Russia-UK trade values show a decline in the imports of the UK for 2021 as compared to 2020. The revelation of the trade of Russia with other countries shows contrary parallels, as the UK is the only exceptional country among all the top exporting partners of Russia. There might be several reasons why the trade of the UK declined in the year 2021—the time period when values were skyrocketing. Given that the UK is in the top 5 exporting countries of Russia, this comes as a surprisingly enough state of affairs between both countries. Russia Historical Trade The representation of Russia’s yearly exports will provide us with a glimpse into the trend of whether the exports of Russia increase or

August 23, 2022 0Comments 306Views

Brazil’s Coffee Exports, At A 10-Year High Value, Reached $5B in 2021

Brazil is the world’s biggest coffee-producing country and fulfils about 40% of the demand by supplies to other countries. Brazil’s coffee exports are the highest in the world since it produces one-third of the coffee made in other countries. The total amount of coffee produced in Brazil for 2021 represents a drop as per different sources. Yet the value of exports for Brazilian coffee didn’t seem to decline. Even in a pandemic-struck world, the exports only grew and are expected to grow further. Brazilian Coffee Exports (2017-2021) Brazil’s coffee exports historical data represented below features the number of exports Brazil made in the past five years. In 2012, the exports amounted to $5.7 billion, followed by $4.5 billion and $6