The global economy has witnessed a sustained period of resilient growth as it enters the second half of 2024. Real GDP growth in advanced economies is expected to stay at 1.6% in 2024 and 1.7% in 2025, around the same level as in 2023. What is the export performance of top global economies? Let’s discuss […]
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 […]
Germany, the heart of Europe, is experiencing a slowdown in economic activity in a couple of months. A series of factors, including supply chain disruptions, Geopolitical challenges, and global downturn, are responsible for this weakening demand in May and June. This all together affecting the Germany’s trade performance. Despite these challenges, Germany’s economy remains the […]
The diplomatic and trade relations between Israel and Iran have been very complex and hostile. This relationship is becoming worse day by day with starting of Iran-Israel conflict. Amid the growing tension, Iran warned the world with confirmed retaliation. This poses a potential threat to the global oil supply. In the international trade arena, both […]
Global supply chains have faced significant disruptions due to congestion caused by Red Sea diversions, resulting in soaring container rates, and creating challenges for businesses worldwide. Attacks by the Houthis on ships led to the United States and allied responses, causing chaos in maritime trade. India’s small and medium-sized businesses, especially exporters, are bearing the […]
The demand for marine and fisheries products portrays the billion-dollar market opportunity seafood products globally. Among these, some countries’ coastal boundaries provide a competitive edge with the perfect oceanic and climate conditions. Despite having a vast source of seafood products, countries failed to capture shares in the global market. This happens due to the high […]
Worldwide demand for eco-friendly vehicles is witnessing double-digit growth over the year. This could be observed from traditionally fuelled power to electric run engines. And, opens the door for a billion dollar market for EVs and the business directly or indirectly associated with it. In Western countries, Chinese exporters of zero-emission vehicles have successfully replaced […]
Key Insights 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 […]
The world has set an eye on the current Lok-Sabha election in India, which is supposed to be the world’s costliest and largest election. Among this election hype, the current ruling government is about to win again with a complete majority. The coming of the same party to power, and their manifesto, indicates continuity and […]
Global demand and supply for agricultural products and fruits is projected to continue increasing in 2024 due to rising consumption across regions. In terms of trade, the largest gainers in 2023 were rice, and sugar in the agricultural category, and apples, berries, pears, grapes, mangoes, melons, and bananas in the fruit category. This research report […]
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