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Korean antitrust body investigates shipping lines

The Fair Trade Commission in Korea (KFTC) is investigating 20 shipping operators for colluding on freight charges for services from South Korea to China an...
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Posted on March 31, 2022

Container freight rates and inflation

The International Monetary Fund (IMF) has used container freight rates to work out how today’s high shipping costs are affecting global inflation. The...
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Posted on March 30, 2022

Japan bans luxury car exports to Russia

Japan has a ban on exports of luxury cars and other items to Russia as part of economic sanctions over Russia's invasion of Ukraine. The export ban will a...
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Posted on March 29, 2022

Vietnam Q1 coffee exports up 19.4%

Coffee exports from Vietnam in the first three months of the year are estimated to have risen 19.4% from the previous year. Rice exports are up 24%. Coffe...
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Posted on March 28, 2022

US Trade Officials investigate Solar Imports

The US authorities are launching an investigation which may result in import tariffs on solar panels imported four Southeast Asian nations. Clean energy pr...
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Posted on March 25, 2022

U K To Lift Import Tariffs On American Whiskey Exports

The UK has agreed to end a four-year-old import tariff on American whiskies. It will be lifted on June 1st, and will effectively make US bourbon and rye im...
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Posted on March 24, 2022

USA eases some tariffs on exports from UK and China

The USA government eased some import tariffs this week in two separate strategies. One measure delivered relief to American businesses including whiskey di...
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Posted on March 23, 2022

Rwanda seeks alternative to Russian wheat imports

Until now, Rwanda relied heavily on Russia for wheat and fertiliser imports, with at least 64 per cent of wheat coming from Russia. Russia is now grapp...
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Posted on March 22, 2022

S. Korea’s snack exports record high

Exports of snacks from S Korea hit a record high last year. Last year exports of snacks came to an all-time high, an increase of 13.1 percent from a ye...
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Posted on March 21, 2022

Plan to boost Scotland’s tech exports

The Government of Scotland has published a plan to help Scotland’s tech sector boost exports and reach new international markets. The plan was Produce...
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Posted on March 18, 2022

Russian sanctions affect air freight capacity

Sanctions imposed Russian aircraft fleets are putting air cargo capacity under further pressure. A vice president of global freight at an aviation servi...
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Posted on March 17, 2022

Israel lifts tariffs on meat imports

Yesterday Israel announced the cancellation import tariffs for meat products to reduce consumer prices. The decision applies to imports of fresh beef, s...
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Posted on March 16, 2022

Shenzhen firms rush exports, seek loan extensions as lockdown looms | The Straits Times

Companies in Shenzhen, in southern China, are preparing for a seven-day lockdown, which is the longest since the early days of the Covid-19 pandemic. Th...
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Posted on March 15, 2022

Shipping lines and freight forwarders join action against Russia

Shipping lines taking part in the economy siege which the international community is tightening around Russia. The 10 biggest shipping lines are responsibl...
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Posted on March 14, 2022

Sugar exports from India accelerate

Sugar mills in India signed contracts to export 550,000 tonnes recently. Surging global prices and a weak rupee have made exports more lucrative. Higher...
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Posted on March 11, 2022

UK ban on space-related exports to Russia

The United Kingdom has banned all space-related exports to Russia in response to its invasion of Ukraine. The Foreign Secretary Elizabeth Truss announc...
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Posted on March 10, 2022

Ukraine ‘limits exports of food commodities’

Ukraine has reportedly suspended exports of certain agricultural commodities and introduce licences for exports of others out of the war-hit country. Uk...
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Posted on March 9, 2022

Shipping Costs to increase due to conflict

Russia and Ukraine are both major exporters of grain and coal. Importers in China are likely to source supplies from more distant countries such as the US ...
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Posted on March 8, 2022

Freight Forwarders Seek Routes Around Ukraine

The impact of Russia’s invasion of Ukraine is rippling across the region, causing freight disruptions. Freight is being delayed and shipping costs are li...
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Posted on March 7, 2022

China approves wheat imports from Russia

China is refusing to criticize Russia’s attack against Moscow and has approved imports of Russian wheat. The Foreign Ministry spokesperson told report...
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Posted on March 4, 2022

Five largest Russian exports to USA

In 2019 Russia was the United States’ 20th largest supplier of goods imports. The top imports in 2019 were: mineral fuels, precious metals and stones,...
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Posted on March 3, 2022

South Africa wine producers export fears

Wine producers face export uncertainty due to the Russian invasion of Ukraine. Russia took approximately 1.8% of South African wine exports in 2021. Cov...
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Posted on March 2, 2022

Rising food imports into USA

Over half the fresh fruit and almost a third of the fresh vegetables Americans are now imported. Food imports will probably continue to increase, with imp...
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Posted on March 1, 2022
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