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Ukraine’s Food Exports To The EU Post-War

December 28, 2022 0Comments 119Views

Ukraine’s Food Exports To The EU Down By 17.5% In Q2 Post-War

Ukraine’s food exports to the EU have declined in the post-war period, specifically in the immediate aftermath of the Russia-Ukraine war, which started out in February this year. Following the first quarter of 2022, the second quarter registered a significant downfall. Since the Russian invasion of Ukraine in February 2022, food security in several countries has lessened, while the prices of food inflation have soared. Developed nations such as the EU, US, and UK have turned their attention to restricting Russian items, so the only hope is Ukraine. Ukraine’s Food Exports Ukraine’s contribution to the world’s food market accounts for 10% of the world’s wheat, 15% of the world’s corn, 13% of the world’s barley, and more than 50% of

Sanctions on Russian Exports Create Turmoil in Fertiliser Market

December 14, 2022 0Comments 109Views

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

All About Switzerland Electric Vehicles Ban

December 13, 2022 0Comments 122Views

Switzerland Is First To Ban EVs; Raises Suspicion, Know Why –

Switzerland’s proposal to ban the usage of electric vehicles took the world by surprise. The claim made online led to mass hysteria about the first country to ban EVs/electric cars, trucks, etc. This claim is neither completely true nor completely false, to say the least. Switzerland’s government have drafted an emergency proposal to conserve energy in the country during winter. In the said drafted proposal, the government mentioned that the usage of electric vehicles will be made limited. Know the full story – Electricity Generation Electricity generation in Switzerland is done majorly through hydroelectric power plants in the form of hydroelectric energy. This helps in fuelling the different materials and operations such as using heaters, air conditioners or even charging

December 10, 2022 0Comments 102Views

EU Clean, Alternative Energy Imports Up Compared To Exports

The EU has been progressing towards creating a transition from the traditional usage of fossil fuels to alternative and clean energy. The efforts come, especially from the aftermath of the Russia-Ukraine crisis that started in February 2022. Imports for clean and alternative energy in the EU were registered to be slightly higher than exports. A few commodities included in the representation of the comparison data between the imports and exports are—solar panels, biodiesel, and wind turbines. EU Clean Energy – Product 1: Solar Panels The first product featured in the EU clean energy imports is solar panels (Subheading 854140). From the comparison between the values of both imports and exports, we can see that the values of imports are already

December 6, 2022 0Comments 126Views

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

November 18, 2022 0Comments 128Views

New EU Levies To Reduce Carbon Emissions From Certain Sectors

EU levies to reduce emissions in order to meet the target of cutting carbon emissions. The European Union’s “Fit For 55” package consists of legislative proposals focusing on reducing carbon emissions by 2030. The new regulatory framework for reducing emissions in the EU has been proposed by its parliament. It suggests that changes are required in the Emissions Trading System (ETS) and new levies on the EU’s imports under the Carbon Border Adjustment Mechanism (CBAM). New EU Levies On Sectors The proposal under the “Fit For 55” package and the CBAM, the EU’s parliamentary authorities will initially apply the changes and impose a ‘carbon price’ on imports of high-carbon commodities imported from other countries, belonging to different industries. Read More:

EU-Indonesia Trade Ties, EU Imports Rise

November 11, 2022 0Comments 115Views

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,

September 15, 2022 0Comments 120Views

Denmark’s Clean Energy Rise As Fossil Fuel Dependence Reduce

Denmark’s clean energy transition is taking a fast pace as the country is lessening its dependence on fossil fuels. The Danish government’s efforts are majorly directed toward lessening the usage of fossil fuels to make a transition. Denmark is moving towards a clean energy transition from fossil fuels. One report suggests that wind and solar energy contributed to about half of the electricity generation in Denmark in 2020. Look at Denmark’s import statistics to learn more about the country’s current posture in the market. Denmark’s Fuel & Oil Imports Denmark is planning to expand its renewable energy reliance to cut off the reliance on the usage of fossil fuels. The top imported fuels & oil commodities in Denmark are crude

September 5, 2022 0Comments 114Views

Russia-UK Trade Down In 2021, No Other Country’s Imports Declined

Russia-UK trade values show a decline in the imports of the UK for 2021 as compared to 2020. The revelation of the trade of Russia with other countries shows contrary parallels, as the UK is the only exceptional country among all the top exporting partners of Russia. There might be several reasons why the trade of the UK declined in the year 2021—the time period when values were skyrocketing. Given that the UK is in the top 5 exporting countries of Russia, this comes as a surprisingly enough state of affairs between both countries. Russia Historical Trade The representation of Russia’s yearly exports will provide us with a glimpse into the trend of whether the exports of Russia increase or