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 […]
Tag: Trade
There are immense, severe consequences emerging from the Russia and Ukraine tensions. Following Russia’s invasion of Ukraine today, the prices of edible oils will go higher, as per traders and manufacturers. The vegetable oils market shook from the sudden impact. Ukraine is the highest exporting country of edible oils, especially sunflower oil, with a 76% […]
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 […]
Globally, the demand for packaging various products such as food, beverage, personal care and other products exist in the international market. The market for packaging equipment is getting increasingly high as the demand for packaging requirements are increasing with the shipment of the products, whether domestically or internationally to other countries. Several predictions have been […]
Global inflation 2022 is the biggest ever record of inflation in several countries in decades. Inflation in countries such as the United States of America, Australia, Germany, Italy, and Pakistan is making headlines in the recent market trends worldwide. The USA has hit the highest inflation rate, annually of 7.5% with a straight growth in […]
Even after one year of post-Brexit, the dust has still not fully settled on the definitive shape of EU-UK relations as there are several as yet unresolved issues. Brexit has been a drag on growth. It brought new red tape on trade between Britain and its largest and closest market. It also removed a large […]
Coffee prices in the global market remain highly volatile in 2021 and may decline in 2022. According to our database and market research reports, the average annual price for Arabica is forecast to decline thanks to expected production growth, while Robusta price will go up on skyrocketed demand from consumers. In 2020, global coffee exports […]
With stable and great demand for speciality rice from Asia, the European Union (EU) remains a highly potential market for rice exporters of Vietnam. Our market research report on EU imports Vietnamese rice, EU’s rice imports from Vietnam totalled US$ 38 million in 2021 (till Sep stats), an increase from the 2020s US$ 35 million. […]
The Regional Comprehensive Economic Partnership (RCEP), is the world’s biggest trade deal consisting of 15 countries. The countries participating in this deal are Australia, Brunei Darussalam, Cambodia, China, Japan, Indonesia, South Korea, Malaysia, Myanmar, Laos, New Zealand, Singapore, Thailand, Vietnam, and the Philippines. The deal inclusively consists of countries belonging to the Asia-Pacific region. This […]
Despite China’s trade restriction with Australia coal export market of Australia is growing as Australian coal exporters have found new homes in India, Japan, and South Korea. From Jan to Sep 2021, Australia’s coal exports totalled US$ 28.3 billion. Coal export shipments worth US$ 32.7 billion were departed from Australia to the world in 2020. […]