Country and Regional Trade Archives - Page 7 of 9 - Market Inside - AI-Powered Global Trade Intelligence Platform

August 23, 2022 0Comments 192Views

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

New Zealand Industrial Machinery Imports

August 13, 2022 0Comments 209Views

New Zealand Machinery Imports Surged For First Time In A Decade

New Zealand machinery imports will grow further this year. The country has the biggest agriculture industry in the world, with about 17% of the total exports of New Zealand contributed by agriculture. Other than the industry of agriculture, construction, and tourism are two other industries that contribute to New Zealand’s GDP. The first two—agriculture and construction require machinery to work and operate in the market and drive revenue. Due to agriculture and construction being the biggest industries of New Zealand, the imports of industrial machinery are one of the largest imports of the European country. For the first time in a decade, the imports for industrial machinery surged and shows further growth in 2022. Machinery Imports In The Past Decade

August 3, 2022 0Comments 219Views

Is China’s Move to Increase Coal Supplies Risk Low-Carbon Transition?

It has been a tough year for international coal markets in the first half of 2022. On 1st January, Indonesia banned coal exports to protect supplies for its power stations. The month-long measure by the world’s biggest coal exporter injected volatility into the global coal market, but Russia’s invasion of Ukraine really set prices of coal rocketing. According to market data, the cost of coal was US$190.65 a tonne before the Russia-Ukraine war and it got more than doubled to US$439 a tonne in the following weeks. It then declined to US$395 on 13th July which was still 107% higher than before the war. The Western-led sanctions on Russia are a factor in a rise in coal prices that is

Indonesia Withdrew Palm Oil Export Duties

July 27, 2022 0Comments 164Views

Indonesia Undo Export Duty On Palm Oil To Boost The Exports

Indonesia has put an end to the levied export duties on the exports of palm oil from the country, in order to boost the exports and take out from the high inventories of produced palm oil domestically. The decision from the Indonesian government comes after Indonesian palm oil producers were found to be struggling to keep up with the high inventories. Many experts believe that this might further down the prices of the commodity. The Top Exporting Country Palm oil is an edible vegetable oil that is a commonly available commodity in the group of oils. As per WWF, oil is a productive crop and has a greater yield at a low cost. Palm oil is found nearly everywhere in

July 25, 2022 0Comments 262Views

U.S. Trade of Goods Reached US$1.2 Trillion in Q1 of 2022

The total trade of the United States of America has reached a new high in the first three months of 2022. According to our database, the combined value of imports and exports increased to US$1.2 trillion in Q1 of 2022 from US$1 trillion recorded in the same quarter of 2021. By chapter, the country saw a major rise in imports of machinery, mechanical appliances, etc., electrical machinery & equipment, vehicles other than railway or tramways, and mineral fuels & oils. Major gainers from the export category were mineral fuels & oils, machinery, mechanical appliances, etc., and electrical machinery & equipment. Here’s a comparison of US trade data for 2022-Q1 and 2021-Q1. U.S. Trade Increased In Q1 of 2022 (Y-O-Y Comparison)

June 14, 2022 0Comments 134Views

EU Nitrogen Imports & Exports and Detailed Market Report

The EU nitrogen trade was US$294 million in 2021, an increase from the previous year. This dollar amount reflects the total imports and exports of nitrogen. In 2020, the European Union countries traded US$230 million worth of nitrogen. Germany appeared to be the country with the highest level of market value in 2021, comprising about half of the total market. Here’s a detailed outlook of the EU nitrogen market with easy-to-understand data visualization. Nitrogen consumption in the EU was estimated at approx. US$21 billion in 2021. The countries with the highest volumes of nitrogen consumption in 2021 were the Netherlands, France, and Germany, with a combined 48% share of total consumption. Nitrogen production in the European Union was approx. 22

May 10, 2022 0Comments 134Views

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 30, 2022 0Comments 243Views

Dried Spices Market: The Growing Line of Ancient Commodities

Spices are the most ancient form of food commodities in the world, introduced by Asian nations such as India and China, and traded by Arab nations such as Saudi Arabia and Egypt, in the medieval period. The history of spices goes a long way back to human civilization’s growing age, especially expanding their horizon to other regions, which led to the discovery of spices (including dried spices). In the present times, the market of spices, specifically the dried spices market has made its way to a growing compound annual growth rate of 4.6%, and it is due to see a growing impact in the food industry. Being used as a “food-enhancer”, the dried spices are expected to reach a value

April 28, 2022 0Comments 205Views

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