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. […]
India will be able to meet its energy demands through solar energy in multiple industries such as electricity, automobiles, commerce and manufacturing. India’s solar capacity of installation was 70.01 GWAC till 30 June 2023. Solar power stats in India ranks in fourth position worldwide in 2021. The second-largest Indian market in Asia for new solar […]
America’s pork market is expanding its boundaries by entering into the Mexican food market. The US Market Export Federation (USMEF) has shared its views on strengthening the US pork industry in the retail and food service sector of Mexico and benchmarking its top quality. Under the marketing program named “American Pure Pork”, the USA is […]
On 20th July 2023, India banned exports of non-basmati rice in an attempt to calm the increasing domestic prices of the cereal. What does it mean for global countries which are already struggling with food crises since the Russia-Ukraine war? India is the world’s top rice exporter, accounting for some 40% of the global trade […]
Indonesia’s government is coming up with a bank scheme for the exporters to get financial support to keep their gross income within the country as many of the Indonesian exporters keep their earnings across the borders and a new rule implemented new measures. The Indonesian government is committed to uplifting the Indonesian exporters after receiving […]
Germany inflation is on the rise again this year and has led to the downfall of the economy. The declining economy of Europe’s largest economy has resulted in the market downfall and higher prices of most consumer goods. Consumer goods such as dairy products, confectionary such as jam and bread, and fresh produce such as […]
Peru’s copper exports totaled USD 3375 million in 2022, and USD 845 million in Q1 of 2023. Peru accounts for 11% of global production. China and the United States are the top export destinations of Peru’s copper with a total value recorded at USD 1511 million and USD 664 million respectively in 2022. Quarterly speaking, […]
China’s metal market is a wide, significant and dynamic industry in the world. The more China produce the base metals, the double it consumes, leaving way for not only exports of these commodities but also inviting imports from other countries. Since the pandemic, countries, including China, are constantly putting efforts into rebounding their economy. However, […]
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