Asia Pacific Archives - Market Inside - AI-Powered Global Trade Intelligence Platform

March 12, 2025 0Comments 43Views

Hong Kong Exports Surge in 2024, Fuelling Economic Growth

Hong Kong, a global financial hub and vibrant international trade center, has long been known for its robust export sector and dynamic economy. As one of the world’s busiest ports, Hong Kong serves as a gateway for commodities entering and leaving China and the broader Asia-Pacific region. The country recorded significant export growth in 2024, particularly in industries such as electronics, machinery, textiles, and high-value services like finance and logistics. Let’s talk about Hong Kong’s exports, its economy, and its budget for 2025-26. Economy Outlook in 2024 Export Growth: Total goods exports increased by 4.5%. Moderate growth: The economy grew by 2.5% despite global challenges. Investment increase: Overall investment expenditure grew by 2.4%. Tourism boost: Visitor numbers rose by 30%

Japan Export Increase Despite the Geopolitical Challenges in Sept 2024

November 14, 2024 0Comments 346Views

How Does Increase in Japan’s Exports Shapes Trade Opportunities?

Japan is facing a persistent economic slowdown primarily due to its rapidly growing older population, geopolitical challenges, fear of global recession, and declining birth rate. The change in the demographic structure has resulted in a shrinking workforce. Despite these challenges, the government has maintained economic growth by implementing various monetary policies, fiscal stimulus, technological advancement, etc. Let’s discuss each of them below in the section – Also Read for – Fluctuation In Japan’s Exports To China Japan’s Top Export Partners in 2024 In August 2024, Japan’s exports witnessed a drastic decline of $3.3 billion compared to the previous month. This major fall in the supply of goods comes from a slowdown in global demand for key electronic products, geopolitical tensions,

August 2, 2023 0Comments 122Views

Indonesian Exporters Get Financial Aid To Keep Earning Onshore

Indonesia’s government is coming up with a bank scheme for the exporters to get financial support to keep their gross income within the country as many of the Indonesian exporters keep their earnings across the borders and a new rule implemented new measures. The Indonesian government is committed to uplifting the Indonesian exporters after receiving backlash on one of their announced new rules. The financial support from the Indonesian government has been announced following a rule introduced by the authorities earlier this month. Indonesian Exporters’ Top Destinations The shown-below data lists the top destinations of Indonesian exporters to sell their products, along with their respective trade values. The represented export data of Indonesia provides insights into the countries most preferred

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

April 26, 2023 0Comments 112Views

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

March 17, 2023 0Comments 166Views

Vietnam Tractor Imports and Exports 2021 & 2022 – Market Research Report

Vietnam’s total trade (imports + exports) of tractors stood at USD 397 million in 2022, down from USD 451.6 million registered a year earlier. According to our market research report, Vietnam’s imports of tractors are higher than its exports as the country is largely dependent on other countries, particularly China to import tractors for agricultural purposes. It is forecasted that Vietnam will see a further decline in the value of tractor imports in 2023 due to measures taken to boost local production of the commodity. Here are some crucial stats on Vietnam’s tractor imports and exports reported in 2021 and 2022. Monthly Trends of Vietnam’s Tractor Imports and Exports 2021 and 2022 The value of imports and exports of

Sanctions on Russian Exports Create Turmoil in Fertiliser Market

December 14, 2022 0Comments 106Views

Western Sanctions on Russian Exports Create Turmoil in Global Fertiliser Market

Key Highlights Western sanctions on Russian and Belarussian exports, and Chinese export restrictions have created turmoil in the global fertiliser market.Buyers have been busy this year finding alternative suppliers due to the sharp drop in fertiliser exports from Russia, Belarus, China, and the European Union.Favourable weather conditions in the major growing regions during the season can ease some of the impacts of under-fertilisation, while bad weather can cause more problems. Fertilisers are essential in plants’ growth, which provides nutrients to the soil, leading to production efficacy and more optimum food production. Potassium, phosphorus, and ammonia are the primary nutrients for plant growth and these should be in the right quantity for healthy crops. Fertilisers are imported and exported across international

December 6, 2022 0Comments 123Views

High Energy Prices In EU; Heaping Russian Oil Before A Supposed Ban

The European Union (EU) is going through a phase of soaring energy prices as a result of the Russian invasion of Ukraine. The high energy prices in the EU have influenced the authorities to devise measures to go into a self-reliant mode to meet domestic demand. The members of the European Union are proposing a ban on the importation of Russian crude products following the 5 of December. Along with the ban on importing crude oil from Russia, the price cap on the importation of gas is also being discussed among the European Commission as a political agreement. Russian Crude Exports – Region Wise Russia’s crude oil exports to top regions in the world are represented in Russian export data

Russia’s Withdrawal From Ukraine Wheat Deal

December 2, 2022 0Comments 106Views

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

EU-Indonesia Trade Ties, EU Imports Rise

November 11, 2022 0Comments 113Views

EU-Indonesia To Develop Ties, EU Imports Surged By $3B So Far

EU-Indonesia to develop ties this year, so much so that the EU imports from Indonesia have surged by a value difference of about $3 billion. The EU is likely to import much higher than Indonesia’s import in the near time, as per the analysis of trade data of both countries. The imports of the EU from Indonesia are relatively higher than the imports of Indonesia. This shows that both countries, especially the European Union, are moving towards the progression of the previous talks over the Comprehensive Economic Partnership Agreement (CEPA) from 2016. EU-Indonesia Historical Trade The first data shown below shows the yearly imports of the EU from Indonesia. 2017 shows the total value of imports amounting to $19.4 billion,