News archive

Ocean freight rates hit two-year low

Global long-term shipping rates sank to a two-year low in July, a fall of 9.5% since June, adding to a deep collapse that started last year. Freight rates ...
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Posted on August 1, 2023

Sri Lanka allows chicken imports

The President has given his consent for commercial businesses to import chicken. The price of chicken is at a very high level at present and people cannot ...
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Wine imports to S.Korea fall

South Korean enthusiasm for wine has cooled, with imports down in the first half for a second straight year; the popularity of whisky among young generatio...
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Posted on July 28, 2023

Fire on board a car-carrying cargo ship

On Thursday a freight ship carrying cars close to a world-renowned bird habitat off the Dutch coast was stillburning, as firefighters and salvage crews wai...
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Posted on July 27, 2023

Scotland and Northern Ireland raise exports to EU

Scotland has increased its share of exports to the EU; exports to the EU from Scotland leapt to 59% from 50% before the pandemic, while Northern Ireland’...
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Posted on July 26, 2023

Swiss watches import increase by 21% in India first six months of 2023

Imports of Swiss watches to India rose 21 per cent from a year earlier in the first six months of this calendar year. According to data from the Federat...
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Posted on July 25, 2023

Egypt’s wheat imports rise

Egypt’s wheat imports rose 34% year on year (YoY) from January to July 18th of the current year, according to an official document. The North African ...
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Posted on July 24, 2023

South Korea export recovery

South Korea’s exports are expected to recover, but at a slower pace compared with the past. This is attributed to a smaller gap in competitiveness agains...
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Posted on July 21, 2023

South Korea semi-conductor exports

Exports from South Korea are due to continue their downturn this month. This will be the tenth consecutive month, mostly driven by exports to China of semi...
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Posted on July 20, 2023

Nigeria imports 80 per cent of pharmaceutical inputs

Concern has been expressed over the state of Nigeria’s Pharmaceutical industry; 80 percent of inputs used in manufacturing are still being imported. ...
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Posted on July 19, 2023

Russia withdraws from grain exports deal

Russia said yesterday it has pulled out of the deal which enabled Ukraine to export its grain through the Black Sea even after last year's invasion. The st...
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Posted on July 18, 2023

Potato exports down 45%

Potato exports through Chattogram Port in Bangladesh are down 45% - despite a record yield The export of potatoes through the Chattogram Port has dropped ...
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Posted on July 17, 2023

Japan halts poultry imports from a second Brazilian state

Japan has temporarily suspended imports of chicken from Brazil's Santa Catarina state after confirmation of a highly pathogenic avian influenza (HPAI) case...
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Posted on July 14, 2023

U.S. agricultural exports running on empty containers

In the first five months of 2023, some 1,078,538 teu of empty containers passed through the nation’s top ten ports. That is about 7% of the country’s t...
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Posted on July 13, 2023

Japanese Beer Imports to Korea Grow Explosively

Imports of Japanese beer have exploded as relations between the two countries have improved, including the recent restoration of shuttle diplomacy between ...
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Posted on July 12, 2023

Post covid affect logistics and supply chain

Logistics and supply chain products for temperature-sensitive goods continue to experience challenging conditions post pandemic. The chilled sector has ...
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Posted on July 11, 2023

Bangladesh exports satisfactory

Export receipts have increased by 6.67 percent from a year earlier thanks, in part, to a strong showing in June, which produced a revenue of $5.03 billion,...
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Posted on July 10, 2023

Exports bring home record $55.56b in FY23

Exports from Bangladesh realised a record $55.56 billion in fiscal 2022-23 amid challenging conditions at home and abroad, in what can be viewed as one of ...
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Posted on July 7, 2023

Pakistan Exports shrink

Pakistan’s merchandise exports dipped by 12.71 per cent to $27.54 billion in 2022-23 from $31.78bn in the preceding fiscal year. Export contraction cont...
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Posted on July 6, 2023

Georgian imports of blueberries

Beginning from the 18-19 off-season, fresh blueberry imports into Georgia have been at least doubling each year. Continuing this trend in the latest off-se...
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Posted on July 5, 2023

Peak in car exports in 2022

In 2022, the EU exported €158 billion worth of cars. This is €8 billion more than the previous peak of €150 billion in 2015. Imports in 2022 amounted...
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Posted on July 3, 2023

India tea exports down

In the January-March 2023 period, total exports of tea from Induia were down by six per cent to 48.11 million kg. "The outlook for 2023 is not very opt...
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Posted on July 1, 2023

Tea Exporters in India seek help

Indian tea exporters are seeking government support to increase exports in 2023. The conflict between Russia and Ukraine and the decline in demand from tra...
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Posted on June 30, 2023

Improving service from shipping lines

Importers who had difficulties with restricted shipping capacity and soaring freight rates during the COVID-19 pandemic are finally seeing some relief on t...
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Posted on June 29, 2023

Lower imports, unchanged exports

Apple export volumes and prices from Georgia are quite similar to numbers to the previous season. This is not necessarily an underperformance – on the co...
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Posted on June 28, 2023

South Korea to return to Japan’s ‘preferred export destinations’

The Japanese government has announced that Tokyo will restore South Korea to its list of preferred export destinations. A yearslong trade dispute had remo...
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Posted on June 27, 2023

20% duty removal on apple imports to India

Government officials have told farmers that the decision to remove 20 per cent retaliatory customs duty on imported American apples will have a "zero" impa...
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Posted on June 26, 2023

6-month agriculture exports from Vietnam

Exports of vegetables and fruits from Vietnam are estimated to have surged 63% year-on-year in the first six months to nearly $2.8 billion, or 90% of last ...
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Posted on June 23, 2023

Banana exports from Sri Lanka

Northern province farmers in Sri Lanka have succeeded in earning more than US$ 100,000 per week from exports of sour plantains produced in the province. ...
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Posted on June 22, 2023

Pakistan Cherries export to China soon

The Pakistan Ambassador to China, announced that Pakistani cherries will soon be available in the Chinese market after the signing of the China-Pakistan pr...
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Posted on June 21, 2023

Turkey Aims for $265B in Exports

Turkey is intends to increase its exports to $265 billion by the end of 2023 "despite the negative global economic outlook," President Recep Tayyip Erdogan...
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Posted on June 20, 2023

Gold imports to India fall

Gold imports to India fell in April- May of the current financial year by nearly 40%. A top government official said they are keeping an eye on the sit...
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Posted on June 19, 2023

Shanghai ports growth in consumer goods imports

The imports of consumer goods at Shanghai ports increased by 17 per cent in the first five months this year. Shanghai Customs said volumes had recovered...
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Posted on June 16, 2023

China approves imports of Honduran products

China has approved imports of bananas and coffee beans from Honduras according to a notice issued by the General Administration of Customs (GAC). China ...
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Posted on June 15, 2023

Kenyan tea exports dropo 26pc

Kenya’s tea exports dropped 26 percent in Q1, affected by the civil unrest in Sudan. Sudan, which is among the top five export destinations for Kenyan...
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Posted on June 14, 2023

Uyghurs: restrictions on US apparel imports from China

In the first four months of 2023, goods from China accounted for only 17.9% of US apparel imports in value, and 30.6% in volume. In 2019, China’s share o...
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Posted on June 13, 2023

Germany imports fewer fruit and vegetables from Holland

In Germany, Dutch fruit and vegetable imports declined strongly again in Q1 2023. It was down 20% compared to last year's first quarter and as much as a th...
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Posted on June 12, 2023

Türkiye’s exports to Gulf countries up 29% in May

Türkiye experienced a significant surge in its exports to Gulf countries during May. There was a growth rate of 29% compared to the same period in the pre...
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Posted on June 9, 2023

Australia lentil exports falling

April exports of lentils were down 2pc from the March total of 162,567t, but include a record volume of exports to India as the major market. Data indic...
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Posted on June 8, 2023

Australia’s April chickpea exports fall

AUSTRALIA exported 19,500 tonnes of chickpeas in April, according to the latest export data from the Australian Bureau of Statistics. The chickpea figur...
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Posted on June 7, 2023

China’s mechanical digger exports rise in first five months

China's major mechancial digger manufacturers reported an increase in exports in the first five months of the year. From January to May, exports 13.9 pe...
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Posted on June 6, 2023

20% rise in exports of goods from Iran

Over 90,000 tonnes of goods were exported from Iran’s Bileh Savar border crossing top Azerbaijan during the past two months. This was a 20% increase c...
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Posted on June 5, 2023

South Korea cuts tariffs on food import

South Korea will reduce import tariffs from June on higher priced edible products, including pork and sugar, to help ease people's living costs, the financ...
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Posted on June 2, 2023

Hong Kong’s exports fall 13pc in April

The value of Hong Kong's total exports fell to HK$338.3 billion in April, a reduction of 13 percent on the same month last year, the Census & Statistics De...
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Posted on June 1, 2023

Fruit exports

Vietnam has sharply increased sales of fruit and vegetables following a substantial increase in its formal exports of durian, mango, jackfruit, sweet potat...
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Posted on May 31, 2023

Top Export markets for Vietnam

Vietnam's top 10 fruit and vegetable export markets last included China, the United States, the Netherlands, and Malaysia. The general director of Vina ...
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Posted on May 30, 2023

Vietnam’s fruit, vegetable exports rise

Fruit and vegetable exports from Vietnam rose by 29 percent to 1.9 billion U.S. dollars in the first five months from the previous year. This was mainly du...
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Posted on May 29, 2023

India makes cough syrup export testing compulsory

The Indian government has made it compulsory for cough syrup manufacturers to have samples tested before exporting their products. From 1 June, these co...
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Posted on May 26, 2023

Direct freight service between UAE and Iraq

A provider of global supply chain solutions has launched the first direct freight service between the UAE and Iraq, according to the company's press releas...
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Posted on May 25, 2023

Norway fish exports rise

The value of Norwegian seafood exports to China hit a record high in the first quarter of this year. More than 40,000 metric tons of salmon, cod and oth...
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Posted on May 24, 2023

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