Uncategorized Archives - Page 5 of 14 - Market Inside - AI-Powered Global Trade Intelligence Platform

January 27, 2023 0Comments 143Views

Laptops, Tablets Global Import-Export Down In Early 2022 Phase

Global import-export of laptops and tablets have declined in the year 2022 so far, as per the availability of global electronics trade data 2022. The import and export of electronics, in general, accelerated after the pandemic. However, the imports and exports of tablets and laptops on a global scale showed a downward trend in the initial phase of 2022. Look at the global import-export trade data, tracing the trade values for both commodities in Subheading 847130. Top Import-Export Countries The top global importing countries for laptops and tablets (as per the HS Code mentioned above) in 2021 were—the USA (28.2%, $60.8B), Germany (8.1%, $17.5B), Japan (4.6%, $9.9B), the UK (4.5%, $9.6B), and Hong Kong (3.9%, $8.3B) with other countries featured

January 11, 2023 0Comments 132Views

5 Global Market Challenges to Watch This Winter 2023

How the global grain market will be in this winter of 2023? As corn carryout is less than 1 billion bushels, and soybeans are less than 250 million bushels. So will corn prices get over $8, and soybeans over $18? These are not normal and predictable times. The economic slowdown and reduced product demand around the world are bending the historical rules. Let’s understand global export statistics of corn and soybean and 5 key market challenges to watch this winter of 2023. Brazil is the world’s biggest producer and exporter of soybeans, surpassing the United States. Brazil, the U.S., Argentina, and other major soybean-exporting countries in South America are likely to produce a total crop exceeding 8 billion in 2023.

January 2, 2023 0Comments 217Views

US Medical Instruments Trade Growth: 10% (Import) and 8% (Export)

US medical instruments trade has received an upend growth this year so far, comparing the total value of exports till the third quarter of 2022 with the full value of exports amounting to the same period in last year. The market value of medical devices and instruments in the US was nearly $456.9 billion in 2020. The market value of medical devices in the US is expected to reach an amazing value of $612.7 billion by 2025. Medical Instruments Import The quarterly imports of the US’s medical instruments are represented below. As per the shown data, the imports have continued to grow by each quarter, except for the first quarter of 2022. From an import value of $7.4 billion in

Ukraine’s Food Exports To The EU Post-War

December 28, 2022 0Comments 133Views

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

December 22, 2022 0Comments 145Views

How Can International Trade Help Reduce Plastic Pollution?

Key Highlights Plastic pollution is a real issue due to global patterns of plastic production and consumption.Global trade can help reduce plastic pollution via trading agreements that support responsible plastic flows and circularity.A summit in Uruguay discussed establishing an internationally binding treaty on plastic pollution for the first time for delivery by 2024. Government representatives around the world discussed the internationally binding treaty to end plastic pollution in Uruguay. The summit was held from 28th Nov to 2nd Dec 2022. The United Nations Environment Assembly (UNEA) has promised to deliver by 2024. It is the first time global countries will see multilateral action against plastic pollution on such a large scale as the transboundary nature of plastic becomes increasingly evident.

All About Switzerland Electric Vehicles Ban

December 13, 2022 0Comments 165Views

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 122Views

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

North American Natural Gas & Global Energy Crisis

December 7, 2022 0Comments 147Views

North American Natural Gas Could Tackle Global Energy Crisis

North America (the United States and Canada) is endowed with significant natural gas resources that could play a vital role in addressing major challenges that the global energy industry faces today. North America could supply affordable energy to help counter high prices across the U.S. and Europe.The region could provide energy security by exporting liquefied natural gas (LNG) to Europe.Natural gas could replace high-emission forms of energy to help advance the decarbonization agenda. North American countries have the potential to provide this low-cost, and alternative energy source. Greater collaboration across the industry, regulators and consumers could unlock this potential. Stakeholders could support reliable gas supply, develop North American gas infrastructure, and commit to long-term offtake agreements. These measures could reduce

December 6, 2022 0Comments 158Views

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