India and Sri Lanka are neighbouring countries to each other and are in very near proximity. The Southeast Asian countries are actively participating in a close bilateral trade with each other as among India and Sri Lanka, the latter is in a hugely problematic situation with multiple stressors. Though India has provided assistance to Sri […]
Spices are the most ancient form of food commodities in the world, introduced by Asian nations such as India and China, and traded by Arab nations such as Saudi Arabia and Egypt, in the medieval period. The history of spices goes a long way back to human civilization’s growing age, especially expanding their horizon to […]
India’s southern neighbour, Sri Lanka is struggling with the worst economic crisis since independence in 1948. The island nation is on the brink of bankruptcy, with nearly USD 7 billion of its total USD 25 billion in foreign debt due for repayment this year. A severe shortage of foreign exchange means the country lacks the […]
Following the aftermath of the Russia-Ukraine war, many countries are looking for alternate sources to provide them with adequate supplies of commodities required in that particular region. The Russian invasion of Ukraine has resulted in a significant loss of global trade. Since both Russia and Ukraine are significant exporters of staple foods such as wheat, […]
With the blunt jab from the aftermath of the Russian invasion of Ukraine, the world’s biggest continent and the economy, Asia’s trade is going into a spiral as the continent’s countries are facing issues related to the trade flows and balancing out the economical values in terms of trade with both the countries indulged in […]
Brazil could be hurled to being the world’s biggest producer and exporter of soybeans. The rapid expansion of soybean farming in Brazil is likely to destruct the Cerrado savanna. According to our database, Brazil is the world’s top soybean exporter, accounting for over 40% of total soybean exports. In 2021, soybean shipments worth US$38,638 million […]
Russia’s invasion of Ukraine and sanctions imposed on it for doing so and new pandemic-related shutdowns in China are the latest events to rock global supply chains. Economies of China, India, the U.S., the UK, and other countries are still struggling to fully recover from the Covid-19 pandemic that created havoc in the last two […]
Russia’s energy exports are increasingly getting sanctioned by the Western nations and different countries, which are likely to cut or alter the bilateral trade with Russia. This is in the aftermath of Russia’s invasion of Ukraine, which started a few weeks ago. The three western nations—the USA, UK, and EU are closely working together to drain and put a strain on the war chest of Russia by putting sanctions and bans on certain commodities. Recently, a number of lifestyle-related final product exports to Russia are also banned. Russia Imports, 2021 Russia waged a war with Ukraine […]
The United States is one of the largest LNG exporting countries in the world after Qatar and Australia, as per historical trade data and records. However, the USA is emerging out as the biggest LNG exporting country, higher than Qatar and Australia, its two competitors’ countries, for 2022. Or maybe there are more speculations about […]
Several commodity markets are starting to experience a risk of global supply chain hindrance due to growing tension between Russia and Ukraine. There is still plenty of uncertainty over how the situation will evolve, but it is still worthwhile to look at the potential impact on international trade as prices of several commodities including crude […]
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