Freight News

Türkiye Exports climb

In the first 11 months of 2022, exports from Türkiye amounted to $231 billion, an increase of 13.9 percent from the same period of last year. Exports i...
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Posted on December 31, 2022

Sparkling wine exports from EU growing

In 2021, the EU’s sparkling wine exports to countries outside the EU amounted to 636 million litres. This was a significant increase of 29%, compared wit...
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Posted on December 30, 2022

Baby Formula Imports Tariffs

Baby formula imports to the USA are expected to be subject to tariffs again in the new year, once exemptions which were implemented amid a nationwide short...
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Posted on December 29, 2022

Declining freight prices affecting South Korea’s outlook

The decline in global freight prices is severely affecting South Korea’s overseas trade expectations. S Korea heavily depends on overseas trade and 99 pe...
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Posted on December 28, 2022

Kenya’s tea exports expected to fall

Kenya’s black tea export volumes are predicted to decline for the first time in five years; East Africa’s worst drought for four decades affected crop ...
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Posted on December 27, 2022

Champagne exports affecting stocks for 2023

It is thought that 57 percent of all Champagne produced in 2022 was exported. Over 34 million bottles were imported into the United States in 2021. Be...
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Posted on December 26, 2022

China becomes East Asia’s second-largest market for US beef exports

In 2023 China has become the second largest market in East Asia for beef exports from the United States; with overall shipments to the region are expected...
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Posted on December 24, 2022

Champagne Exports sharp increase

Demand for imports of champagne is surging across the globe. Consumers around the world — especially in the United States — are reaching for bottles of...
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Posted on December 23, 2022

High demand remains for air freight forwarding

The vice president of an air shipping company in Azerbaijan declares that 2022 was a successful year. He says it was a year of stabilization for freight t...
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Posted on December 22, 2022

German doctors’ union against drug imports from China

A German doctors' union is pressing the government to change course away from imports emanating from China and India. "For supply security, there needs ...
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Posted on December 21, 2022

Cotton apparel over half of Turkiye’s total exports to UK

Turkiye’s apparel exports to UK amounted to $1,513.857 million in the first nine months of 2022. Cotton apparel represented more than 50 per cent shar...
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Posted on December 20, 2022

Russian supermarket chain doubles imports from Uzbekistan

A leading retailer in the Russian grocery retail market has doubled the imports of fruits and vegetables from Uzbekistan in 11 months of 2022 compared with...
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Posted on December 19, 2022

Garment exports from Vietnam to grow

Garment exports from Vietnam are expected to rise 9% to reach $43 billion this year. Vietnamese garment and textile manufacturers saw declining orders i...
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Posted on December 18, 2022

Indian Govt To Impose Import Duties

Central Government in India may increase import taxes on "non-essential items" in response to increasing concerns about a slowdown in exports and a growing...
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Posted on December 17, 2022

COVID-19 test kit exports falling

Exports of COVID-19 test kits from South Korea have hit an all-time low since the pandemic began to spread globally in 2020. Exports of COVID-19 test ki...
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Posted on December 16, 2022

Worktop manufacturers affected by predatory imports

US worktop manufacturers are competing with a surge of countertops and kitchen tiles made in India which are subsidized by Prime Minister Narendra Modi’s...
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Posted on December 15, 2022

West-bound China-Europe freight trains increase

The number of China-Europe freight trains is expected to increase because of the new response in China to the epidemic. The Christmas shopping season i...
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Posted on December 14, 2022

Russian coal exports to EU

Russian exports of coal have increased substantially, after the EU softened sanctions for European shipping companies. A fifth package was of Russian ...
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Posted on December 13, 2022

Shipping delays, higher costs for Korean imports to Singapore

South Korea's nationwide freight drivers' strike, has led to supply chain disruptions and delayed imports destined for Singapore. Thousands of cargo tru...
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Posted on December 12, 2022

Falling freight rates on east-west container lanes

New entrants on the main east-west container routes are suffering, due to plummeting spot rates and very high charter rates. Some shipping lines are giv...
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Posted on December 8, 2022

EU agrees to ban imports of ‘deforestation’ products

The EU has decided to ban imports of several products which they consider to be the 'main drivers of deforestation'; this includes coffee, cocoa and soy. ...
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Posted on December 7, 2022

Uzbekistan cherry exports to China fall

Exports of cherries from Uzbekistan to China in 2022 have fallen to a record low in recent years. This is despite constant reports about good prospects...
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Posted on December 6, 2022

Steep decline in ocean freight rates

Long-term ocean freight rates made a steep month-on-month decline in November. Weak demand, and ongoing economic uncertainty meant that - once contracted c...
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Posted on December 5, 2022

Vietnam smartphone exports fall

Vietnam’s smartphone production and exports dropped during November in the run up to Christmas sales season. This is a new sign that the country’s lar...
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Whisky imports to south Korea up 62%

Whisky is becoming more popular in Korea; the quantity of whisky imported for 10 months until October this year increased about 62% compared to the same pe...
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Posted on December 2, 2022

Rwanda to export first avocado sea freight shipment

Rwanda plans to launch avocado sea freight exports for the first time. According to the National Agricultural Export Development Board, the aim of this...
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Posted on December 1, 2022
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