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 […]
Category: Asia Pacific
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 […]
Trade between China-Russia two big countries or more than two countries is booming for mutual growth on the go. All the big countries are involved in bilateral trade and it is expected to grow more than ever by decreasing tariffs, import allowances, export limits, and other trade blockades to reassure trade, assets, and investment. There […]
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 […]
France’s whiskey imports from India increased this year, the global trade data platform online reveals. The countries have shared a good amount of bilateral trade with each other for whiskey, and India has been one of the top trading partners with France for the exports of this beverage. As per the availability of India export […]
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 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 […]
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 […]
Main Points: According to a report, an estimated 21% of all global trade was transited through the South China Sea in 2016. Territorially, there are seven claimants to the South China Sea – Brunei, China, Indonesia, Malaysia, the Philippines, Taiwan, and Vietnam. But to whom does the South China Sea matter most? According to market […]
The United States of America and the United Arab Emirates have signed a strategic partnership deal that will see $100 billion mobilized to develop 100 gigawatts of clean energy by 2035. The deal was signed during the Adipec energy conference in Abu Dhabi which is entitled the “Partnership for Accelerating Clean Energy” (PACE). The cooperation […]