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March 3, 2025 0Comments 92Views

Five Critical Dairy Export Developments to Follow in 2025

The United States dairy industry reported ups and downs in exports to the world over the last five years. Market Inside data shows in 2024, US exports of dairy products totaled USD 6,762 million, marginally increased from USD 6,661 billion recorded in 2023. What are the demand and supply factors to create conditions that foster or discourage U.S. dairy exports in 2025? This article will give you the answer. Global trade is always surrounded by positives and negatives developed by market situations. 2025 will not left behind as the year has already started with a hike in U.S. tariffs. Here are five critical dairy export developments to follow in 2025. Will China again import dairy products from the US? While

China Steel Export Reach Record High In 2024

February 10, 2025 0Comments 188Views

Why Surge in China’s Steel Export – A Concern for Global Market?

The iron and steel industry has been the cornerstone of the development process for centuries, providing an essential core base of progress from buildings and bridges and automobiles to appliances. To understand this growth potential, China has become the undisputed king in the global Iron and Steel industry. This happened due to China’s abundant iron ore reserves, cost-effective labor, government support, and other major policies. Due to these efforts, and capability, China’s Iron and Steel supply reached an 8-year high in 2024 with a 20% increase in value. Let’s dive deep into Iron and steel supply – Read: China and Australia trade China’s Steel Products: A Rising Growth Trajectory There is no doubt that over the years, China has developed

November 26, 2024 0Comments 238Views

China and Australia to Boost Bilateral Trade – Signs Avocado Agreement

Australia’s avocado trade association signed a memorandum of understanding with China’s trade body at the China International Import Expo in Shanghai. What is this agreement? Well, this agreement signifies an advancement for the superfood to obtain access to the Chinese market. China is Australia’s largest trade partner both in imports and exports. Here are some quick facts and stats about China-Australia bilateral trade and their avocado agreement. The agreement between Avocados Australia and the China Chamber of Commerce on the Import & Export of Foodstuffs, Native Produce & Animal By-Products will seek to enhance cooperation and technological exchanges. Amid the warming ties between both countries, Australian businesses have set up over 250 booths, including wine, lobster, avocado, and healthcare products,

October 4, 2024 0Comments 176Views

EU-China Relations After the 2024 European Elections

What has changed in EU-China relations after the 2024 European elections? EU-China relations play a crucial role in the global business landscape. The current circumstances marked by European elections, geopolitical shifts, economic interdependence, and technological competition contribute to the volatility and frequent adjustments in this relationship. In this blog, we aim to capture key milestones, developments, and stats that shape EU-China ties. The European Parliament elections, held between June 6 and June 9, 2024, have ushered in a new era for EU-China relations. The election results revealed a significant shift in the political landscape, with centrist parties losing ground to far-right groups like the Identity and Democracy (ID) and the European Conservatives and Reformists (ECR). This political realignment is poised

China’s Export Control on Key Semiconductor Material Affecting Global Shipments

September 12, 2024 0Comments 128Views

China’s Curbs on Export of Germanium & Gallium Soring Price Globally

The USA and China, are the largest economies in the world with a bilateral trade value of more than $500 billion in 2023. With their immense potential for manufacturing processes, they dominate the global export market, benefitting the export and import businesses globally. However, this billion-dollar trade has been strained in the last few years by geo-political challenges and the guarding of the interest of the domestic market. This has led to a trade war of tariffs, sanctions, and countermeasures. For instance, the USA imposed sanctions on Chinese chip companies, leading to shortages and price increases. In response, China introduced curbs on the export of gallium and germanium, the two key materials for semiconductor production, leading to a decline in

June 26, 2024 0Comments 183Views

G-7 Sanctions On China- An Unforeseen Opportunity for Export and Import Business

Key Insights G7 as a trade bloc controls around 41% of the global merchandise trade. The US and Germany are the only ones whose export value crossed the mark of $2 and $1.7 trillion, respectively, in 2023. Bilateral trade between G7 and China denotes the decline in imports of $205 billion from 2022 to 2023. Recently, the world’s most advanced trade bloc, G7 held a meeting in Italy, contributing to 41% of the global merchandise trade. During the G7 members have made it clear that they will promote the work of IMEC (India-Middle-East- Economic Corridor), food security, and focus on infrastructure investment. Despite their effort to establish a stable and prosperous global trading environment, the members of the G7 took

May 14, 2024 0Comments 146Views

China and Russia to Push De-dollarization Agenda in BRICS 2024

China and Russia are likely to discuss the agenda of de-dollarization in BRICS 2024 as both countries have agreed to use local currencies up to $260 billion. To counter the plan of two influential BRICS members in favor of de-dollarization, the United States is playing the sanctions card against China and Russia. What will be the impact of de-dollarization on the economies of BRICS nations? Could China become the world’s economic power? Let’s try to find the answers by analyzing the data. China and Russia agree to use local currencies up to $260 billion Within BRICS, China and Russia have openly agreed to replace the US dollar in global trade and transactions. They are also convincing other developing countries to

March 21, 2024 0Comments 211Views

EU-China Trade: A Tale of Increase & Decrease in Deficit

The European Union (EU), the world’s largest trading block consisting of 27 countries, and China, the world’s 2nd largest economy with a global manufacturing powerhouse, are failing on the economic front to sustain bilateral trade for both export and import businesses. China and the EU dominated the export market worldwide, with more than 17% and 13% respectively. Recently, a report was published that unveiled deteriorating bilateral trade relations between China and the EU. According to the report, there is a sharp 27% decline in the trade deficit in 2023 from 2022. It also revealed that EU overall exports to China decreased by 3% and imports by 17%. The narrowing of the trade deficit between China and the EU brings two

July 14, 2023 0Comments 169Views

How China’s Metal Export Restrictions Can Impact Global Countries?

China’s metal market is a wide, significant and dynamic industry in the world. The more China produce the base metals, the double it consumes, leaving way for not only exports of these commodities but also inviting imports from other countries. Since the pandemic, countries, including China, are constantly putting efforts into rebounding their economy. However, the rising inflation rate and sluggish growth rate in production units have made it difficult for countries to produce enough volumes for bilateral trade and fulfilling consumer demand in the local market. Such is the case with China’s metal and its exports. Base Metals Prices Declined In the first quarter of 2023, the market prices of base metals such as aluminium and copper surged due

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