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New Zealand Industrial Machinery Imports

August 13, 2022 0Comments 113Views

New Zealand Machinery Imports Surged For First Time In A Decade

New Zealand machinery imports will grow further this year. The country has the biggest agriculture industry in the world, with about 17% of the total exports of New Zealand contributed by agriculture. Other than the industry of agriculture, construction, and tourism are two other industries that contribute to New Zealand’s GDP. The first two—agriculture and construction require machinery to work and operate in the market and drive revenue. Due to agriculture and construction being the biggest industries of New Zealand, the imports of industrial machinery are one of the largest imports of the European country. For the first time in a decade, the imports for industrial machinery surged and shows further growth in 2022. Machinery Imports In The Past Decade

July 30, 2022 0Comments 101Views

EU Plans to End Its Reliance on Russian Energy

Key Points EU leaders say they will block Russian oil imports arriving by sea by the end of 2022.EU has also committed to reducing gas imports from Russia by two-thirds within a year.About half of Russia’s crude oil exports went to Europe in 2021.The Netherlands was the biggest importer of Russian oil in 2021, while France was the net buyer of Russian LNG. It’s been more than 100 days since Russia’s invasion of Ukraine that led to disruption in the global supply chain of goods including energy products and food items. In fact, the European Union has put sanctions on Russia and banned the import of certain commodities. How EU will reduce its dependency on Russian energy as about half

July 20, 2022 0Comments 136Views

Sluggish Growth Projected For Romania’s Vehicles Industry

Romania’s vehicle industry grew in 2022 since the pandemic started as a result of COVID-19. In 2020, the industry went through a decline in both the imports and exports of vehicles, consisting of passenger cars and accessories. The vehicle industry of Romania accounted for total imports of $10.3 billion in 2021 and $8.2 in 2020 respectively. The total exports of Romania’s vehicle industry amounted to $12.9 billion in 2021 and $12.1 billion in 2020. However, 2022 might be a tough year for Romania’s vehicle industry. Romania Vehicle Imports Statistics The year 2020 was a distressing year for countries around the world, including Romania. However, Romania’s vehicle industry experienced an upward trend in the year 2021. Look at the Romania import

July 19, 2022 0Comments 116Views

Caps and Closures Market Trend – Growth and Values (2021)

The caps and closures market consists of vast varieties that serve the same purpose for different industries yet in different ways. The caps and closures market consists of the medical & healthcare, food and beverages, cosmetic, and other industries. With different industries, the materials also change. Some different varieties of closures are stoppers (or pouring stoppers), bungs, screw caps, and seals. The global caps and closures market trend for 2021 valued at $65 billion, will go on to be valued at $85 billion by 2026 with a CAGR of 5.5%. Though there are different materials for caps and closures, this article will focus on the more general line of caps and closures market and give trade insights into the caps

June 14, 2022 0Comments 92Views

EU Nitrogen Imports & Exports and Detailed Market Report

The EU nitrogen trade was US$294 million in 2021, an increase from the previous year. This dollar amount reflects the total imports and exports of nitrogen. In 2020, the European Union countries traded US$230 million worth of nitrogen. Germany appeared to be the country with the highest level of market value in 2021, comprising about half of the total market. Here’s a detailed outlook of the EU nitrogen market with easy-to-understand data visualization. Nitrogen consumption in the EU was estimated at approx. US$21 billion in 2021. The countries with the highest volumes of nitrogen consumption in 2021 were the Netherlands, France, and Germany, with a combined 48% share of total consumption. Nitrogen production in the European Union was approx. 22

June 11, 2022 0Comments 98Views

EU Knitted or Crocheted Apparel Exports Surge 22.2% In 2021

The apparel industry is in a boom this year and this is evident from the global trade data 2021. The exports of apparel from the EU have increased in 2021 as compared to the values of 2020. EU knitted or crocheted apparel exports and not-knitted or crocheted apparel exports, both reached growing positions in 2021. In the US, the value of the apparel market stood at $368 billion, with brands leading in 2019 such as TJX and Macy’s. However, the EU apparel market faces losses in the pandemic-struck year 2020, standing at a market value of 127.4 billion euros. This is down by 13.2% as compared to 2019, but the post-pandemic, these values also changed. EU Knitted or Crocheted Apparel

June 10, 2022 0Comments 132Views

Solar Cells Trade Trend Growing In The Countries Positively

Solar panels or photovoltaic cells are increasingly finding their way into the mainstream energy generation methodologies. Solar cell trade between countries is increasingly growing and countries such as the US, China, and India are making headlong progress, inviting headlines. Imports and exports of solar cells increased in 2022 in a few countries compared to 2020. From the COVID-19 and Russia-Ukraine war, alternative energy adoption grew and is still growing. There are several factors that have played the most significant role in the development of energy generation in several countries around the world. Countries are now leaning toward alternative energy sources than the traditional sources of energy such as fossil fuels. The Pandemic Stricken World During COVID-19 COVID-19 is one of

May 31, 2022 0Comments 126Views

Four EU Countries Jointly Set an Offshore Wind Target of 65 GW by 2030

Four European Union (EU) countries – Belgium, Denmark, Germany, and the Netherlands jointly set an offshore wind target of at least 65 gigawatts (GW) by 2030. That figure is intended to get more than double to 150 GW by 2050. According to the Global Wind Energy Council, these four countries were having 35.3 GW of global offshore wind capacity as of September 2021. Big Offshore Wind Push in Europe The big offshore wind push by Belgium, Denmark, Germany, and the Netherlands jointly will deliver at least half the capacity needed for the European Union to reach net-zero by 2050. The EU has set an overall target of generating 300 GW of offshore wind by 2050, which is up from the

May 27, 2022 0Comments 133Views

Colombia’s Exports to the United Kingdom Increase in 2021

Colombia’s exports to the United Kingdom reached US$451 million in 2021, an increase from US$377.1 million reported in 2020. According to the reports, the bilateral trade relations between the two countries are in a period of prosperity, which is explained by the exit of the United Kingdom from the European Union. After Brexit, the United Kingdom is looking towards Colombia and Latin America for importing goods. Visualize data on Colombia’s exports to the United Kingdom and get a bigger and clear picture of trade between the two countries. Colombia’s Exports to the UK by Year Colombia shipped US$1,128.5 million worth of commodities to the United Kingdom in 2012. That dollar amount started declining and reached a low of US$377.1