UK’s chemical industry has been witnessing growth, despite the differences in the value of the imports and exports of the most valued commodity in the section—fatty acids. The market of fatty acids has been a robust and essential one due to its application in various other sectors. Fatty acid is a valuable commodity in the […]
Brazil’s cold chain logistics market has been significantly growing thanks to the high demand for cold chain facilities for the storage and transportation of meat, grocery products, and fast-food items. The growing pharmaceutical industry is also playing a tremendous role. Brazil’s cold chain logistics market size is expected to grow from USD 2.43 billion in […]
The G20 Summit spotlighted India’s trade discussions with the United States, China, and European countries. The U.S. and the European Union signed an agreement with India to strengthen trade through building rail and sea routes. In 2022, India’s trade with the United States totaled USD 131 billion, with China totaled USD 117 billion, and with […]
Whether a country is close to its immediate neighbors or not, bilateral mediation is essential for rendezvous with other nations. Through these engagements, states strengthen their own international purposes. There are political, economic, and cultural relations between India and the UK. The bilateral trade between these two countries is for promoting trade and commerce. G20 […]
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 […]
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 […]
Peru’s fruit exports reached USD 1044 million during Jan-Jul 2023 compared to USD 948 million recorded in the same period of 2022. In the complete year 2022, Peru exported fruits worth USD 1551 million. Fresh grapes, blueberries, avocadoes, and mangoes are the most exported fruits. Peru is the world’s largest exporter of blueberries. Quarter-wise, Peru’s […]
Countries including India, Russia, Argentina, and Turkey have put a ban on exports of more than 25 food products until December 2023, causing an increase in global food prices. For instance, the prices of some import-oriented food commodities, including ginger, onion, garlic, chillies, cumin, tomatoes, carrots, and some other spices increased manifold in Bangladesh due […]
Now more than ever, wholesalers, third-party logistics (3PL), and shippers are under pressure to fulfill and deliver orders at e-commerce websites. According to a report, the U.S. online retail sales amounted to US$343 billion in 2019 which is likely to reach almost US$476 by 2024. While online sales and expectations for fast shipping are growing, […]
Logistics is widely known as the process of coordinating and moving goods such as food, equipment, liquids, materials, and inventory from one location to the storage of the desired destination. It is the management of the flow of goods from one point of origin to the point of destination to meet the requirements of customers. […]
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