What has changed in EU-China relations after the 2024 European elections? EU-China relations play a crucial role in the global business landscape. The current circumstances marked by European elections, geopolitical shifts, economic interdependence, and technological competition contribute to the volatility and frequent adjustments in this relationship. In this blog, we aim to capture key milestones, […]
Tag: EU Trade Data
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 […]
In a recent set of events, UK traders are worrying about the new strategy of the UK government. The latest UK post-Brexit border strategy is known as the target operating model (TOM). The new strategy proposal includes an additional levy on the import checks procedures. Due to the new border strategy by the UK government, […]
Key Highlights Global trade is showing a sign of recovery in 2023 driven by the strength of the EU’s imports and exports. EU’s trade in 2022 was USD 15,587 billion, an increase from USD 13,994 reported a year earlier. The trade of countries worldwide has also increased from USD 44,586 billion in 2021 to USD […]
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 […]
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 […]
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 […]
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 […]