A multinational rails and shipping project – India-Middle East-Europe mega economic corridor has been announced at the G20 Summit 2023. This step is seen as a challenge to China’s economic ambitions in the region. It aims to link Middle Eastern countries by railway and connect them to India by port, helping the flow of energy […]
Category: Asia Pacific
The global packaging industry is a broad sector that indulges different industries as its part. The scope of the global industry for packaging ranges from F&B to e-commerce, comprising the most significant number of industries and their respective requirements for products manufactured. The packaging industry is composed of different packaging materials and types, and depending […]
India will be able to meet its energy demands through solar energy in multiple industries such as electricity, automobiles, commerce and manufacturing. India’s solar capacity of installation was 70.01 GWAC till 30 June 2023. Solar power stats in India ranks in fourth position worldwide in 2021. The second-largest Indian market in Asia for new solar […]
On 20th July 2023, India banned exports of non-basmati rice in an attempt to calm the increasing domestic prices of the cereal. What does it mean for global countries which are already struggling with food crises since the Russia-Ukraine war? India is the world’s top rice exporter, accounting for some 40% of the global trade […]
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 […]
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, […]
Kiwi is a vitamin-rich fruit that originated from the Chinese Himalayas and is now produced worldwide. This fruit is extensively cultivated across countries like China, New Zealand, France, Italy, Greece, and others. The market size is estimated at USD 1.80 billion in 2023 and is expected to reach USD 2.30 billion by 2028. According to […]
Exports of Jewelry (Jan-2022 to Mar-2023) India’s jewelry exports reported a decline in March 2023 compared to the same month of 2022. The country shipped jewellery worth USD 2,980 million in March 2023, down from USD 4,006 million recorded in March 2022. Percentage-wise, March 2022 recorded 24% growth in the value of shipments while March […]
Germany-China bilateral trade has been on an upward trend and is growing frequently each year. The year 2022 registered high values for imports increased, showing favourable signs of further growth, while exports between China and Germany declined. So far, Chinese imports and exports have ranked among the top 5 values in terms of trading with […]
China’s trade has increased significantly over the past years, especially after the pandemic-ridden time in 2020. Amidst the different dynamics of the global economy and multilateral trade, various factors have contributed to a high rise in China’s trade values. The global trade activities rebounded in 2021, followed by the increased production of electronics, automobiles, and […]