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Archive for 'Imports'
Waste Import Restrictions
The government of S Korea released an official announcement on waste import restrictions on June 29. The purpose of the restrictions is to limit the imports of polyethylene terephthalate (PET), polypropylene (PP), polyethylene (PE) and polystyrene (PS) so that recycling ...Read More
Pharma body in India seeks faster import clearances
The Pharmaceuticals Export Promotion Council of India said it has been flooded with distress calls from member companies over acute disruption in manufacturing due to non-clearance of imported raw materials at various ports. A senior official of the ministry of ...Read More
Kenya flower exports rises to 80 per cent
Kenya’s flower exports have risen to 80 per cent from 30 per cent compared with the previous year in the last month. The Covid-19 pandemic had caused a crisis in the industry. The sector was one of the hardest hit ...Read More
Villiers: insists on standards for imports of US chicken
A former Northern Ireland Secretary of State, Theresa Villiers, has urged the government to take a firm position regarding chicken imports when negotiating a future trade deal with the US. The European Union bans chlorinated chicken and hormone-treated beef from ...Read More
KPA extends free storage period for imports, exports
The Kenya Ports Authority has increased the free storage period for importers and exporters because of the slow turn-around interval for freight lorries caused by the impact of the Covid-19. The Managing Director said that the virus has impacted the ...Read More
Portugal stops waste imports
Portugal has halted imports of foreign waste until the end of the year to protect domestic landfill capacity. Portugal usually attracts large quantities of European rubbish imports because of its low fees, has refused to accept 246,000 tons of waste ...Read More
‘Inferior’ maize imports to Ireland must stop
The Irish Farmers’ Association (IFA) has stated that the amount of imports – referring mainly to maize – being used by some feed merchants in Ireland is “inexcusable” - some of these merchants are refusing to use Irish grain which ...Read More
Imports Will Decline
The economic effects of the coronavirus pandemic continue will cause imports at major U.S. retail container ports to see double-digit year-over-year declines this spring and summer. “Factories in China are largely back online and stores that closed here in the ...Read More
Kuwait will resume imports of foodstuff from Iran
Kuwait Commerce and Industry Ministry has announced that the country will resume imports of foods from Iran which have been stopped due to spread of coronavirus. The country's decision to import food from Iran to Kuwait again is part of ...Read More
Tags: imports
Record exports increase Swiss chocolate sales
The value of Swiss chocolate exports was over $1.05 billion for the first time in 2019. The was increased demand for imports of chocolate from Canada, the United States, China, the Middle East and Singapore. Almost 75% of sales were ...Read More
Tags: exports
Maize imports to Kenya cause friction
Disputes have begun over imports of two million bags of emergency maize stock to Kenya. The Strategic Food Reserve (SFR) is expected to import the grain after it exhausted its four million bags stock. But reports say that the National ...Read More
Tags: imports
Nigerian Government urged to suspend Customs revenue target
The Federal Government of Nigeria has been urged to cancel the revenue target given to the Customs Service. The outbreak of the corona virus pandemic which has caused a decline in the volume of imports, making the target difficult to ...Read More
Zimbabwe imports too high
The Industry and Commerce Minister of Zimbabwe says increased collaboration between productive sectors is critical to boost domestic production and substitute for unnecessary and costly imports. Zimbabwe is heavily reliant on imports for both raw materials and essential consumer goods. ...Read More
Logistics providers keep freight moving
Logistics providers are working with government to keep freight moving by air, sea and on the roads. The Chief Executive of the British Ports Association said he hopes UK ports will only be closed in “extreme circumstances” and that ports ...Read More
Indian producers request ban on import of silk from China
The Khadi and Village Industries Commission has contacted the commerce ministry of India, requesting a ban on import of silk and silk products from China. India is the second largest producer of silk in the world after China. "The import ...Read More
R W Freight Services is ready
Exports and Imports are being affected by many factors beyond our control, but shippers can be assured that R W Freight have fully prepared for the factors which we can control. All our staff are fully equipped to work from ...Read More
New chicken imports tariffs will hit the poor hard
Poor households in South Africa spend 34% of their budget on food, of this 59% is chicken, so increasing import tariffs could cause significant social consequences. Recently increased tariffs on chicken imports will threaten South Africa’s food security, according to ...Read More
Bangladesh Import orders drop
Bangladesh's import orders fell by over 12 per cent or nearly US$663 million in January last because of supply chain disruption probably caused by the coronavirus outbreak in China. The opening of letters of credit (LCs), which indicates the number ...Read More
EU imports of fruits and vegetables
The EU's fruit and vegetable imports from Morocco grew by 4% in 2019 compared with 2018, totaling 1.4 million tons, while Spain's imports from Morocco increased by 8%. EU imports of Moroccan vegetables amounted to 859,095, with tomatoes making the ...Read More
Cheap honey imports from Ukraine and China
An increase in cheap honey imports from China and Ukraine - the latter of which has a free-trade agreement with the EU - is forcing honey producers in Europe to reduce their prices as they can't compete. Imported honey and ...Read More
Salmon egg imports from Norway banned
Exports of salmon eggs from Norway to Scotland were banned last June, following an inspection by the European Free Trade Association (EFTA). Millions of salmon eggs, also known as ova, were imported from Norway to Scottish salmon farms recently, but ...Read More
Grape exports hit by COVID-19
The new strain of coronavirus, COVID-19, has reportedly impacted grape exports from the India. A horticultural production organisation in India said that most countries had become cautious about imports. “Countries in the Gulf, such as the U.A.E, which used to ...Read More
Drought resulted in wine imports
Wine cellars and traders in South Africa imported more than 40 million litres of wine during the 2018/2019 and 2019/2020 seasons to compensate for shortages resulting caused by the drought in the Western Cape. Usually South Africa’s wine imports are ...Read More
Indonesia limits Imports from China
The Maritime Affairs and Fisheries Minister of Indonesia said that the spread of coronavirus from China is a concern. To minimize virus transmission, the ministry has decided to restrict the import of fishery products from China. “We are temporarily limiting ...Read More
Zimbabwe removes ban on GM Corn Imports
Zimbabwe has lifted a ban on imports of genetically modified corn it begins to take action to avert what is likely to be its worst famine ever. Weekly imports of white corn reached their highest level in almost seven years, ...Read More
Tags: imports, South Africa
Coronavirus in China affecting sea freight
Due to the spread of the Coronavirus and consequent quarantine procedures, most ports of origin in China are shut down, until Feb 10 currently, and further suspensions are likely. More than 30 blank sailings have been scheduled in the first ...Read More
Gold imports to China via Hong Kong surge in December
Net gold imports to China via Hong Kong in December increased to 41.361 tonnes from the previous month, Hong Kong Census and Statistics Department data showed. China is the world's top consumer of gold, and imported only 3.052 tonnes in ...Read More
Beer Imports Fall
Beer imports into South Korea fell in 2019 for the first time in a decade, a feature which has not been seen since the 2009 global financial crisis. Analysts say that beer imports showed signs of falling and that a ...Read More
China Spring Festival good for cherry imports
There was a significant increase in the volume of cherries expected to be exported from Chile to China this year. Chinese Spring Festival is taking place much earlier than in previous years, so the Chinese fruit market has a shorter ...Read More
Tags: air freight, China, exports, freight, Seafreight
US import tariffs soon on Champagne
Officials and trade leaders in France have rebuked the announcement of potential US import tariffs on Champagne and other sparkling wines, as well as on many types of cheese. The USA has warned they may introduce import tariffs of ‘up ...Read More
Indian Government strategy on imports
The Indian government is working to formulate technical regulations, including safety and quality standards, for over 350 products with the aim of reducing imports of those non-essential items. Several Government Departments were consulted for imposition of import regulations. The target ...Read More
Irish whiskey export fears
In October it was announced that a selection of agricultural products including Irish butter, cheese and pork were to be subjected to US import tariffs, in direct retaliation for EU aircraft subsidies for Airbus UK. Irish whiskey from Northern Ireland ...Read More
Korean Beef Imports Recover
Beef from the USA which was once avoided by consumers who feared mad cow disease, now represents half of total beef imports to South Korea. According to the Ministry of Agriculture, Food and Rural Affairs, 209,034 tons of US beef ...Read More
US threatening import tariffs on France
The USA has been planning import tariffs on goods from various European countries, in retaliation for subsidies given to Airbus. There will be import duties of 10% on Airbus planes, and 25% on agricultural products such as French wine, Italian ...Read More
Pakistan allows tomato imports from Iran
The government of Pakistan has decided to allow import of tomatoes from Iran for a period of one month to help slow down the increase in prices of the vegetable in domestic market. “Yes, we have decided to allow import ...Read More
Tags: imports
Indonesia mattress imports to USA
Mattress imports from Indonesia have increased quickly recently, and recorded an approximate 25% share of the mattress import market in September. Vietnam had the biggest import share in September at 28%. Vietnam mattress imports had been “very limited in 2018 ...Read More
US fashion exports grow 2.7% until September
In spite of the import tariffs imposed on China by the USA, exports from the United States have continued to increase. Between September 2018 and September 2019, clothing exports have increased 2.7% to 5.3 billion dollars. Sports fashion exports grew ...Read More
China asked to end steel scrap import ban
A scrap industry association in China is lobbying their government to end a ban on ferrous scrap imports in order to help relieve a domestic shortage of scrap and reduce costs for steel mills. China started halting imports of scrap ...Read More
Coal imports targeted by Extinction Rebellion
Extinction Rebellion Ireland is protesting against coal and fast fashion imports during their week-long protests as the in Dublin's Merrion Square. The group was protesting outside the Dublin headquarters of the Coal Marketing Company (CMC) to demand that the Government ...Read More
Higher Prices on Lighter Wine imports
The USA is soon to introduce 25 percent American import tariffs on certain European foods, drinks and other products. The tariffs will go into effect on October 18. It results from a 15-year dispute over the subsidies which the European ...Read More
Basmati exports growth slowing
Exports of basmati rice from India are expected to slow down after two years of increases. There is uncertainty over the level of exports to Iran and probably a reduction in average export sales. Basmati rice exports are expected to ...Read More
Singapore imports of Thai rice met by other sources
Singapore’s imports of rice from Thailand can be easily met by alternative sources, said the Ministry of Trade and Industry. “Singapore’s demand for rice is very small compared to total global rice production. For example, we account for only 1.2 ...Read More
Tasmanian woman jailed for illegal garlic imports
Illegal garlic imports putting Australia's bio-security at risk have resulted in an 11-month jail sentence for a Tasmanian farmer. The former chairperson of the Australian Garlic Industry Association imported almost 2200 garlic bulbs from the United States and Canada. These ...Read More
Lower duties on Israeli imports
An expanded Canada-Israel Free Trade Agreement has now taken effect. The Agreement has removed or reduced tariffs on the import into Israel of a wide range of foods from Canada. Tariffs on imports into Israel from Canada on fresh apples, ...Read More
Finland and EU should ban Brazilian beef imports
The Minister of Finance for Finland has said that the country and the rest of the EU should seriously consider banning beef exports from Brazil. Banning beef and soya exports from Brazil has been proposed as a method to compel ...Read More
S Korean imports of Japanese reduce
Imports of Japanese beer into South Korea fell by 45% in July from the previous month. Korean consumers boycotted the product provoked by an escalating political and economic dispute between the two Asian countries. This is good news for other ...Read More
Israel Toiletry Imports made easier
A new document outlining the principles of toiletry imports removes current regulations which require importers to receive advance import permits from the Health Ministry. Parallel importers will now not need to present documents showing their full supply chain, from production ...Read More
Tags: imports
Michigan farmers seek tariffs on Turkey cherry imports
Cheap imports of cherries from Turkey threaten the income of farmers in Michigan, who produce two-thirds of the country's sour cherry supply. This has prompted the industry to turn to the U.S. government for help by imposing tariffs on imports. ...Read More
Romania’s huge agri imports
Romania had the largest corn crop in EU in 2018 but has increased its corn imports in Q1, 2019 by 17%. The country imported over 173,000 tons of corn, costing over 68 million euros, but only 149,143 tons of corn ...Read More
Tags: imports
European markets import/export more seafood products
The E.U. is the largest consumer of fishery and aquaculture products in the world. Demand far exceeds supply, so the bloc is increasingly sourcing products from around the world in order to meet market requirements. In 2018, E.U. imports from ...Read More
Kenya’s avocado exports to China to increase
Kenya intends to increase its avocado exports to China by 10% annually over the next three years. Chinese traders are actively seeking new import opportunities in the Kenyan market for avocados, explains Export Promotion Council’s CEO Peter Biwott. “Chinese traders ...Read More
Customs strike team against garbage imports
The Department of Finance in the Philippines has ordered the Bureau of Customs to study the possible formation of a special 'strike team' to guard against the import of waste materials which countries are attempting to dump in the Philippines. ...Read More
Tags: imports
Bulgaria traceability of fruit and veg imports
Bulgaria plans to create a register of fruit and vegetable traders and will track importers' goods from the border to the counter. The system will also check whether the importer has stock, and whether the imports are sold at a ...Read More
Tags: imports
Temporary ban on pork imports from Germany
The Department of Agriculture of the Philippines has ordered a temporary ban on pork imports from Germany. It was discovered a pork import shipment from Germany was mixed with 250 kilos of pork from Poland, a country with an African ...Read More
Turkey halves import tariffs on US goods
Turkey has decided to halve the additional duties on U.S. imports. The policy was instituted after Washington's announcement that they would decrease tariffs on Turkish iron and steel imports to 25 percent from 50 percent recently. According to the official ...Read More
Food imports to Pakistan drop
The country’s food imports dropped by 9.85pc in the first 10 months of the current financial year, as compared to the imports recorded during the same period of FY2017-18. Import of palm oil witnessed a sharp decrease of 10.99pc during ...Read More
Tags: imports
US-China trade war
Intermediate goods and capital equipment — such as electric motors, bicycle parts and plastics — delivered to American factories and workshops make up the largest share of US imports from China. Higher costs for these supplies, which are directly involved ...Read More
Moe calls for retaliatory scrutiny of Chinese imports
The Premier of Canada Scott Moe has called for a retaliatory measures in Canada’s import inspection regime to alert China of Canada's displeasure. He said it’s time for Canada to be “reciprocal in our scrutiny” as Chinese imports are arriving ...Read More
Tobacco imports to Saudi nearly halved
The import of tobacco products into Saudi Arabia fell by 43.1 percent last year, apparently due to the implementation of an excise tax. In 2017, Saudi Arabia imported cigarettes and tobacco products worth SR3.13 billion, before the tax was implemented. ...Read More
Tags: imports
Sri Lanka tea exports increase
Exports of tea from Sri Lanka for the month of March 2019 totaled 26.4 million kgs, an increase of 0.3 million kgs against the volume of 26.1 million kgs registered for March 2018, according to a report by the Tea ...Read More
Ukraine almost doubled imports of citrus in March
Ukrainian consumers are increasingly preferring imports of exotic fruits, although there are plenty of local apples at an affordable price. In March alone, imports of citrus increased by purchased 1.8 times. In March 2019 Ukraine imported 64,000 tons of citrus ...Read More
Tags: imports
Fruit & veg imports to Spain rise
The import of fruits and vegetables to Spain in January 2019 grew by 11% in terms of volume and by 26% in terms of value compared to the same month of 2018. Vegetable imports increased the most strongly, with 12% ...Read More
Canada – China soybean exports increased by 80% last year
Soybean growers in Canada are concerned that China will block soybean imports as well as canola, which will mean they have few export markets left. China is widening the ban on canola imports and growers of other Canadian oilseeds are ...Read More
HMRC no deal EU exit Guidance for Ro/Ro Ports and Eurotunnel
HMRC have published information to highlight changes at Roll-on Roll-off ports and Eurotunnel should the UK leave the EU without a deal on 12 April 2019. This information is relevant to organisations that import or export goods through roll-on, roll-off ...Read More
US avocado imports threatened
There may be an avocado shortage in the USA if the President shuts down the border with Mexico, preventing imports of Mexican avocados. The United States is heavily reliant on imports of fruit, vegetables and alcohol from Mexico. About half ...Read More
HMRC Transitional Simplified Procedures (TSP) – Day1 No-deal readiness
HMRC announced on 22 March 2019 further details of new customs requirements, should the UK leave the EU without a deal. An extension of the date when the first supplementary customs declarations must be submitted, and any import duties must ...Read More
Tags: Brexit
Namibia stops cabbage & onion imports
Namibia will suspend imports of controlled crops -butternuts, cabbages and onions– between April and August because production in the country is expected to improve. Total domestic demand for onions is 3,470 tons, while local farmers are expected to produce 5,440 ...Read More
Tags: imports
Irish grain imports at record record level
Farming groups in Ireland are asking the Department of Agriculture to explain why ship loads of grain are being imported while farmers have grain supplies sitting in their sheds. A spokesperson for the Irish Grain Growers Group said Irish grain ...Read More
Poland and Czech Republic against illegal waste imports
Poland and the Czech Republic are planning to cooperate more closely against illegal waste shipments. The countries signed a declaration about illegal trans frontier waste shipments at the end of February. The governments also intend to set up a joint ...Read More
Turkey allows onion imports
The production of onions in Turkey reduced over the past two seasons. Usually import tariffs for onions are 49%. the Turkish ministry of trade announced that import tariffs for onions are set to zero until February 28. This is an ...Read More
China takes pick of avocado imports
Since 2015, growth of avocado imports to the US have slowed. The rest of the world has taken advantage. For example, imports to China, where the avocados are known as “cow-butter fruit,” grew from 154 metric tons in 2012 to ...Read More
Vietnam scrap imports increase
The quantity of scrap imported into Việt Nam is expected to rise considerably, Vietnam's Ministry of Finance has warned. Other countries are restricting the amount of scrap material imports, so the Ministry has warned in a draft regulation that ViệtNam ...Read More
Iran continues ban on clothes imports
Iran is continuing the import ban on clothes, shoes and other textile items due to foreign currency limitations. “The ban on import of clothes, shoes and other textile products that are currently not necessary will strongly remain in its place,” ...Read More
EU may impose import tariffs on rice imports
The European Union may impose tariffs on rice imported from Cambodia and Myanmar for the next three years in order to reduce a surge in imports. The Commission proposes to set a duty of 175 euros ($200.73) per tonne of ...Read More
Increase in import tariffs will hurt SA, says Brazilian poultry association
An association which represents Brazilian poultry exporters has warned of the consequences for South African consumers and the broader economy if an new application for an increase of import tariffs on frozen chicken portions is granted. South Africa’s poultry sector ...Read More
Kenya to reduce second hand car imports
The Kenyan government plans to lower the age limit for second hand car imports from eight to five years. They intend to switch to a five-year import limit in one smooth operation from July 1 2019. However commentators have said ...Read More
Tags: imports
Bangladesh increases global wheat imports
Bangladesh has shown robust growth in wheat import during last five financial years. Bangladesh is now a leading wheat importer in the world; import volumes have reached a record high. The country is the fifth largest wheat importer in the ...Read More
Tags: imports
Avocado imports to Ukraine doubled
There has been a rapid growth of avocado imports to Ukraine in 2018, up to more than 4,000 tonnes. For the first 11 months, avocado imports to Ukraine doubled and hit all-time high. It is expected that more than 4,000 ...Read More
Government officer accused over fish imports
An Australian government official has been in court accused of helping import exotic fish. He was charged in November following an investigation into five illegal imports, involving people from Vietnam and Malaysia during 2017 and 2018. Department of Agriculture and ...Read More
Illegal garlic imports in South Africa
A large amount of garlic imports on the South African market during August and September is suspected to have been imported illegally. An investigation has been started as the oversupply pulled prices down to abnormally low levels, to the detriment ...Read More
Tags: imports
German exports increase in October
German exports increased to 117.2 billion euros in October, despite global trade tensions, the Federal Statistics Office in Germany announced. Exports rose by 8.5 per cent during the same month in 2017. Imports had risen by 11.3 per cent to ...Read More
Iraq wishes to resume tea imports from India
Iraq wants to resume import of orthodox teas from India; the import trade was stopped eight years ago due to geopolitical tensions. A delegation from the Trade Promotion Council of India recently went to Iraq and found that importers wished ...Read More
60% Tomatoes in Bulgaria are Imports
Bulgaria will continue to import tomatoes due to the country's low production. This was revealed by the Center for Agricultural Research in Agriculture (SARA) at the Institute of Agrarian Economics. Imports of fresh tomatoes continued to increase in 2017.
Tags: imports
Logistics and transport after Brexit
Hauliers who currently carry export or import cargo to and from Europe may need to plan for alternative routes to move goods, according to the Government's Technical Notices published in August. They may need to use different modes of transport ...Read More
Advice for imports and exports post Brexit
On 23 August the government published a series of technical notices giving guidance on preparing for exporting and importing if there is a 'no deal' Brexit. These Notices are primarily aimed at businesses who have previously traded only with the ...Read More
Imports and Exports – new method of customs declarations
Her Majesty's Revenue and Customs is phasing in a new Customs Declaration Service (CDS). This is new technology, which replaces the existing Customs Handling of Import and Export Freight (CHIEF) system. The new system is already being used by ...Read More
Fishermen demands fish imports ban lifted
The Fishermen Congress of India have demanded that the government of Goa should lift the ban imposed on imports of fish from other states. The ban was imposed by Goa Health Department’s Food and Drugs Administration section. The FDA has ...Read More
Exports of saffron from Iran increase
In 2018, 105 tons of saffron were exported from Iran, representing a 40 percent increase compared with last year. The chairman of the National Saffron Council of Iran said that saffron will be harvested until December. Exports are expected to ...Read More
Tags: exports
Nigeria imports Stockfish from Norway
The Norwegian Seafood Council revealed that Nigeria imported more than 9,000 metric tonnes of stockfish from Norway in 2017, making it the largest importer of Norwegian stockfish. The trade relationship dates back to 1890; pelagic fish, herring, mackerel, Tusk and ...Read More
Grain imports possible to Australia
Australia may import whole grain for the first time in more than a decade, as drought is increasing prices on the domestic market. The latest crop projections forecast that Western Australia will produce more than 50 per cent of the ...Read More
Russia to resume some beef and pork imports
Russia’s agriculture safety organisation says it will allow imports of beef and pork from nine Brazilian plants to begin again from Thursday, ending an 11-month ban caused by food safety concerns. There were temporary restrictions on imports of pork and ...Read More
Fruit and vegetable import/exports grow in Spain
In the first 8 months of this year, 2,917,449 tons of fruits, vegetables, and legumes were imported or exported through ports in Spain. This is 25.5% more than in the same period of the previous year. These figures show that ...Read More
Zimbabwe lifts imports ban
Zimbabwe has ceased a two-year ban on the import of basic commodities. This is likely to be welcomed by South African businesses. The lifting of the ban aims to allow import of products in short supply; Zimbabwe is facing critical ...Read More
Tags: imports, South Africa
South Africa welcomes exemptions on imports by USA
The US Department of Commerce has granted exemptions for imports of 161 aluminium and 36 steel products from the duties which the USA imposed against foreign imports. On March 8, the President signed a Proclamation imposing a 10 percent ad ...Read More
China Imposes Import Tariffs on Japan, India
China will introduce anti-dumping tariffs on Indian and Japanese imports of ortho-dichlorobenzene, a solvent which is used in the production of agrichemicals such as insecticides. Companies in China will pay temporary levies of 31.9 percent to 70.4 percent on imports ...Read More
EU imports almost 3 million tons of coffee in 2017
The European Union imported 2.92 million tons of coffee from abroad last year, according to the EU's statistical office. Eurostat said the amount of the 28-member bloc's coffee imports rose by 5 percent compared with ten years ago. The statistical ...Read More
China Trade Tariffs affect USA Seafood Imports
The United States imports more than 90 percent of its seafood. The U.S. also exports seafood, but there is a big trade deficit, as the U.S.A exported about 5.5 billion dollars of seafood last year, and imported nearly four times ...Read More
Government denies coconut imports up
The Department of Foreign Trade in Bangkok has rejected criticism by coconut planters; they say that falling coconut prices are caused by an influx of imported nuts. The Government says that records show imports are down this year. Coconut farmers ...Read More
Tags: imports
Plastic waste imports to be levied in Malaysia
The Housing and Local Government Minister of Malaysia suggests that a levy should be imposed on plastic waste imports, in a bid to better manage the problem of plastic pollution from the recycling industry. She said that Malaysian factories are ...Read More
Tags: imports
Cheddar imports rising
There has been a particularly large increase in the size of the trade deficit for cheddar, resulting from a noticeable increase in imports. The trade deficit for cheddar improved between 2016 and 2017, because of both lower imports and some ...Read More
Container and vehicle imports to Nigeria fall
IN spite of a 56.7 per cent increase in cargo through Nigeria’s seaports, container and vehicle traffics have fallen in the last three months of 2017 and the first quarter of 2018. Statistics from the Nigerian Ports Authority show that ...Read More
State Bank of Pakistan allows advance payment for imports
The State Bank of Pakistan on last week allowed advance payments on imports of essential items which have been restricted by the caretaker government. The SBPsaid that it has been decided to allow advance payments on imports of items worth ...Read More
Tags: imports
Coffee Exports Increased 15.9%
The total coffee exports by country totaled $32.7 billion in 2017, according to World’s Top Exports. This represents an increase of 15.9 percent over the past five-year period starting in 2013. The year over year gain increased by 7.5 percent ...Read More
Tags: exports
Right policies will help cut imports
The government of Zimbabwe says local industry can reverse the tide of rising imports, which increased to $2,87 billion between February and June this year, if supported by the correct policies. This emerged during a Buy Zimbabwe-Zimbabwe Agricultural Society (ZAS) ...Read More
Tags: imports
Pork Producer Says China Imports Drop
China’s pork imports are declining, because of a trade war with the U.S. and a fall in domestic prices. A major pork production company shipped more pork from the U.S. to Japan and Korea in the first half of the ...Read More
Turkey increases import tariffs
Turkey said yesterday that it is increasing tariffs on some U.S. imports like cars, alcohol, and coal — this is unlikely to have much economic impact but highlights the deteriorating relations with the U.S. The Turkish government said tariffs on ...Read More
Pipe Fitting Imports From China damage USA Industry
The U.S.A International Trade Commission said that producers in the USA have been injured by imports of a certain pipe component from China. This finding justifies the government’s duties on imports from China, whilst exempting drain imports from those duties. ...Read More
Major growth in beef exports Korea and Japan
The USA had exported 159,000t of beef to Japan (its largest export market) and 113,000t to Korea. These are gains of 6pc and 36pc respectively on the previous year. The USA has therefore a slightly larger export market share than ...Read More
Pakistan Government to increase duty to control imports
The Ministry of Commerce of Pakistan is planning to control increasing imports to the country, which reached an all time high of $60 billion during last financial year. "The government is planning to increase Regulatory Duty (RD) on more than ...Read More
Tags: imports
South Africa plans to sue USA over import tariffs
South Africa is planning to launch a lawsuit against the US, saying that proposed import tariffs on South African motor car imports will violate the contry's rights under the African Growth and Opportunity Act. SA’s Trade and Industry Minister said ...Read More
Tags: China, imports, South Africa, USA
Russia trying to subsidise cost of parts imports
Russia’s Ministry of Trade wants overseas manufacturing companies to continue to comply with the industrial assembly agreements drawn up under Regulation 166. This regulation, which was amended in 2010, allowed overseas car manufacturers to import parts at preferential rates of ...Read More
Imports for Kenyan state double
The value of imports by State departments and parastatals more than doubled in the first four months of the year. Import orders placed by the government reached Sh22.33 billion in the January-April period. This is the largest four-month import order ...Read More
Tags: imports
Imports of European Cars into Korea increase
Imports of German cars into Korea showed a significant increase, in the first half of 2018, and improved European carmakers' market share. Smaller numbers of Japanese and American cars were imported. According to the Korea Automobile Importers and Distributors Association, ...Read More
Tags: imports
USA May dairy exports third highest ever
On a total volume basis, dairy exports from the USA were the third highest ever, according to Marc Beck, executive vice president of strategy and insights at the U.S. Dairy Export Council. In fact, he said these exports were greater ...Read More
USA Sea container imports expected to set record in July
Imports at USA major container ports are projected to set a new record this month; increasing consumer demand and rising retail sales are offsetting the initial impact of import tariffs on goods from China, according to the monthly "Global Port ...Read More
EU countries vote on steel import restrictions
European Union countries were due to discuss on July 5 measures proposed by the European Commission to restrict steel imports into the bloc. The Commission proposed a combination of a quota and a tariff to prevent a surge of steel ...Read More
Tbilisi mayor calls for ban on used car imports
The mayor of Tbilisi in Georgia, Kakha Kaladze, argued on July 3 that Georgia should introduce a ban on used car imports, calling the situation in the capital “a complete disaster”. Georgia and other countries from Eastern Europe and Eurasia ...Read More
Tags: imports
Imports of wooden windows to Japan down 25% in April
Japan’s April 2018 imports of wooden windows fell by just over 25% and compared with levels in March there was a 10% decline. There was a slight recovery in the value of wooden window imports in March, which reversed the ...Read More
Retaliatory Tariffs on Exports from America by Canada and EU
Canada and the European Union have retaliated to the USA import tariffs which began on July 1. The Canadian government began to impose import tariffs on a long list of U.S. consumer goods, totaling about $12.6 billion of U.S. exports ...Read More
USA threatens new tariffs for imports from China
US President Donald Trump has threatened to impose import tariffs on an additional 200bn dollars' worth of goods from China in a growing trade row.The President said that the 10% tariffs on imports would come into effect if China "refuses ...Read More
China to reduce import tariffs
China will further cut import tariffs for daily consumer goods starting on July 1, the State Council decided at an executive meeting. The average import tariff rate for clothing, shoes and hats, kitchenware, and sports and fitness supplies will be ...Read More
Foie gras imports may be banned after Brexit
Imports of a luxury French food, made by force-feeding ducks or geese may be banned from being to the UK after Brexit, a UK government minister has hinted. British farmers are prohibited from producing foie gras - meaning fatty liver ...Read More
French farmers blockade fuel over palm oil imports
The main farmers' union of France called for protesters to continue a blockade of refineries and fuel depots, after the government failed to address their concerns about the use of palm oil imports at local biofuel plants. "We have worked ...Read More
USA Table grape imports rose
The U.S. imported higher volumes of table grapes in the first quarter of 2018. Imports amounted to 317,000 metric tons (MT) of grapes between January and March, compared to 303,000MT last year. Exports from Chile – the main supplier – ...Read More
China more welcoming to rice imports from Japan
In China, Japanese imported rice is only for the rich, as it costs four times as much as domestically grown rice. One reason Japanese rice is so expensive is because China imposes strict controls on imports of if from Japan. ...Read More
Algeria will end import ban on mobiles, food, home appliances
Algeria plans to lift a ban on imports of mobile phones, household appliances and food and introduce high customs duties in their place, its trade minister said yesterday, in a new attempt to generate more tax revenue to ease pressure ...Read More
USA will postpone tariffs on imports of steel & aluminium from EU
The White House said on that it would postpone a decision on imposing tariffs on US imports of steel and aluminum from the European Union, Canada and Mexico for 30 days. The government wishes to avoid the potential for a ...Read More
US imports tariff won’t affect German exports
U.S. import tariffs on steel and aluminum would not reduce exports from Germany, if an exemption granted to the European Union expires on May 1 without a permanent solution. This was the view expressed Germany’s leading economic institutes. But they ...Read More
EU imports from outside countries up 5%
European Union imports of fruit and vegetables from non-EU countries reached 15.5 million metric tons (MT) in 2017, representing an increase of 5%. Spain’s Federation of Fruit, Vegetable, Flower and Live Plant Grower Exporter Associations reported 13.3 million MT of ...Read More
Food imports to Kenya rose by 58% in January
Food imports into Kenya grew by 58.33% in January, compared with the same month of the previous year. The country's import bill rose from Sh13.2bn (US$130.7mn) in January 2017 to Sh20.9bn ($207mn) in January 2018, according to Kenya’s Bureau of ...Read More
Tags: imports
Trans Pacific Pact to increase Australian wine exports
A new trade agreement signed after the USA withdrew from trade negotiations is considered “a vital win” for Australia, according to the country’s prime minister Malcolm Turnbull. The countries participating in the pact include Australia, Brunei, Canada, Chile, Japan, Malaysia, ...Read More
EU considering import tax on Levi jeans from USA
The Euopean Union may levy a 25% import tax on Levi jeans and bourbon whisky if President Donald Trump imposes import tariffs on European steel and aluminium. The EU Commissioner for Trade said that the items were on a draft ...Read More
China approves imports from Denmark
China has approved the import of processed meats from a leading processor in Denmark. China is the world's top pork consumer, and the export of these products will be valuable to Denmark. The agreement, comes after more than nine years ...Read More
Steel sector in EU expects import threat
Demand for steel in Europe is expected to rise in 2018, European steel association Eurofer said earlier this week, warning of a threat of rising imports. Steel consumption, is set to rise by 1.9 percent in the 28 countries of ...Read More
Iran lifts ban on registration for rice imports
Iran has lifted its ban on registration for imports of rice for five months, the customs administration announced in a statement published on Tuesday. The Islamic Republic of Iran Customs Administration (IRICA) said “the registration for imports of rice is ...Read More
Tags: imports
Indian bicycle hub threatened by imports from China
Cheap imports from China are threatening the survival of Ludhiana’s bicycle industry in western Punjab. Once one of the leading manufacturing hubs in India, the town’s most famous industry is becoming only an assembly point for bike imports smuggled in ...Read More
China adjusts tariff policies for major equipment imports
Chinese authorities have released tariff policy adjustments for imports of major technological equipment. Imports of major technological equipment on the revised list for government support will be exempted from tariffs and value-added tax. Tax exemption policies for imports of mixed-flow ...Read More
Algeria bans certain imports
Algeria has temporarily banned the import of 900 products which includes mobile phones, household appliances and vegetables. This is an attempt to cut an increasing import bill following a fall in energy earnings, according to an official document. The OPEC ...Read More
Tags: imports
Row over pig imports in Cambodia
Government officials have rejected pleas from pig farmers to curb imports of pigs into the country. Speaking at a forum on agriculture, Agriculture Minister Veng Sakhon said domestic family-run pig farming businesses that are struggling to keep in business should ...Read More
Tags: imports
China ends its beef with Italian meat imports
China has lifted a longstanding import ban on beef from Italy, officials said earlier this month, paving the way for Florentine steak and other specialities to enter kitchens in China for the first time in 16 years. Italian beef exports ...Read More
Illegal Clothing imports to South Africa
Counterfeit clothing imports into South Africa has seen the domestic clothing and textile industry suffer tremendously. More recently the industry has also been hit by the import of second-hand clothing, which has become available for resale on the market. Customs ...Read More
Tags: China, Hong Kong, imports, South Africa
Pakistan Exports continuously decline
Because domestic industries are not protected,energy costs are increasing, and import duties are too high, Pakistan’s exports have been losing international market share very quickly and imports are increasing. Representatives of different chambers of commerce and industry of the country ...Read More
Strong exports of citrus to China
Peru has made strong inroads into the China export market, increasing by over 300 per cent to 7,000 tonnes with exports of mostly mandarins in July and August. The growth in demand for Southern Hemisphere citrus is part of the ...Read More
Record US imports from China, Mexico, Europe
In October, imports to the USA increased by 1.6% to a record $244.6 billion. Exports were unchanged at $195.9 billion. Almost half of the increase in the U.S. trade deficit was tied to larger imports of petroleum at higher prices. ...Read More
Shrimp Imports Continue to grow in USA
The latest shrimp import figures show that shrimp demand in the US continues to accelerate, particularly in retail categories. To the end of October, 2017, total US shrimp imports stand at a record 1.19 billion pounds, compared with a figure ...Read More
Russia bans imports of pork from Brazil
From 1 December, Rosselkhoznador in Russia, the Federal Service for Veterinary and Phytosanitary Surveillance, has banned Brazilian pig meat and beef due to concerns that the meat contained a muscle growth stimulant called by ractopamine. Ractopamine is banned for use ...Read More
China imports corn as domestic price rises
China has bought around 10 to 12 cargoes of mainly U.S. corn imports during the past month and is likely to increase purchases. A record difference between domestic and international prices is encouraging buyers to seek out cheap imports, three ...Read More
Russia has suspended Brazilian beef imports
According to a Brazilian beef processor, Russian authorities have temporarily suspended bovine meat imports from Brazil, a measure Brazilian authorities have still not confirmed according to the company. The company said Brazilian beef will be exported to other markets, while ...Read More
Slowdown of UK timber import predicted
The Timber Trade Federation (TTF) is predicting a slowdown in the UK’s softwood imports for next year. The TTF’s Softwood Import Forecast shows growth is expected to fall to just 0.5% in 2017-2018. In 2016-2017, softwood imports grew by 3.7%, ...Read More
Tags: imports
China to remove VAT on imports
China intends to remove the value-added tax on imports of distillers dried grains (DDGS), the foreign ministry said in a statement last week. This should result in an increase of imports move from top exporter the United States. The news ...Read More
India begins anti-dumping investigation into paper imports
India has initiated an anti-dumping probe into imports of paper from Indonesia, Thailand and Singapore following complaints from some domestic companies. Various companies have filed an application before the Directorate General of Antidumping and Allied Duties (DGAD) for initiation of ...Read More
China increases campaign against illegal waste imports
China has expanded its campaign against the import of waste materials, arresting 39 suspects and seizing 33,000 tonnes of plastic and mineral waste during the latest action, the customs service said on Tuesday. Early this year, China launched the campaign ...Read More
Japan to propose changes to beef import rules
Japan is proposing changes to its safeguards for frozen U.S. beef imports, which will shorten review periods and allow importers to voluntarily lower import volumes. This proposal was be made at the second round of the U.S.-Japan economic meeting in ...Read More
Imports and exports linked for success
An examination of data for over 160 countries provides evidence that imports are just as important as exports for economic growth. For almost four-fifths of countries last year, the volume of exports and imports moved up or down in harmony. ...Read More
US shrimp imports grow in August
Shrimp imports into the USA rose 5.7% in August compared with the previous year; major increases came from India, China and Vietnam though imports from Thailand, Indonesia and Ecuador fell. The US imported 61,902 metric tons of shrimp in August ...Read More
European Industry Complains about E-Bike Imports
European e-bikes are undercut at home by illegally dumped e-bikes from China, which are sold below the production costs,” explains a spokesman. “The import of e-bikes from China have now exploded. Imports in the first seven months of 2017 already ...Read More
European imports of Chilean fruit through Netherlands falling
Chilean fruit exports to Europe increased by 8.7% in 2016-17, but there were noticeable shifts in the distribution between markets. The Chilean Fruit Exporters Association's recently released statistics show that despite this upward trend, the leading European importer and re-exporter ...Read More
Taiwan conditionally lifts import ban on Japanese beef
Taiwan has conditionally lifted a 16-year-old ban on beef imports from Japan. FDA Division of Food Safety section head Wu Tsung-his said the Taiwan government will wait for the Japanese government to provide a list of government-certified facilities so that ...Read More
Taiwan Suspends oil Exports, clothing imports with North Korea
Taiwan has suspended refined oil and LNG exports to North Korea, as well as clothing and textile imports. Taiwan is not a member of the United Nations, because of Beijing's position that it is simply a province of China, and ...Read More
China’s wine imports continue upwards
Wine imports to China continued the resilient growth trend seen in the first half of the year, increasing its total import volume and value from January to July. The country’s total wine imports in the first seven months of the ...Read More
Swiss parliament to vote on kosher meat imports
The Swiss Federal Assembly is to vote on the possibility of banning the import of kosher meat into the country. The bill, which was introduced to the Swiss parliament in June, would make it illegal to import any meat slaughtered ...Read More
Tags: imports, Switzerland
UK imports of Swiss watches fall
The Swiss watch industry is in recovery after two years of falling exports. The country recorded its third successive month of export growth in July; the value of watches sold increased by 3.6% to CHF 1.7 billion. For the the ...Read More
Tags: imports
Japan to raise tariffs on frozen beef imports
Japan has raised tariffs on frozen beef imports from the United States and some other countries in order to protect domestic producers against an increase in imports. Tariffs on frozen beef increased to 50 percent from 38.5 percent between Aug. ...Read More
Australia’s conflict with China over meat exports
Australian beef which was exported to China before the Asian powerhouse imposed a temporary import ban on some producers, will now be allowed into the country. Australian authorities have been negotiating with Chinese officials since Beijing refused to accept imports ...Read More
Guangdong in China imports most wines
China’s coastal province Guangdong, near to Hong Kong, remains the country’s biggest consumer of bottled wine imports. From January to June, the province imported US$437.3 million worth of bottled wines, surpassing US$332.2 million to Shanghai, although the latter had more ...Read More
China wine imports up
From January to June this year, China imported 254 million litres of bottled wines, representing a 13.9% increase in volume and a 3.34% increase in value over the same period last year. France still ranks as the biggest wine exporter ...Read More
US attack on Spanish olive imports
The US authorities are preparing anti-dumping measures on imports of Spanish black table olives as of September. Farmers have warned the European Commission that this sets a “dangerous” precedent for CAP-subsided EU agricultural products. In late June, the US Coalition ...Read More
Third country imports up in Nepal
Nepal’s imports from third countries have soared in recently, with shipments from France, Ukraine, Argentina, Saudi Arabia and South Korea, in particular, rising sharply due to lower costs. According to the Trade and Export Promotion Centre (TEPC), imports from these ...Read More
EU to allow in more Ukraine exports
EU foreign ministers approved last week measures to allow Ukraine to export more industrial and agricultural products tariff-free to the EU in recognition of reforms undertaken by Kiev and the fragility of the country's economy. By the end of September, ...Read More
US says no timetable to restore Brazil beef imports
Brazil needs to make progress on meat inspections before a schedule can be set to end a U.S. ban on imports of fresh Brazilian beef, the U.S. agriculture secretary said. Agriculture Secretary Sonny Perdue and his Brazilian counterpart Blairo Maggi ...Read More
British Wheat Exports Slow
Britain's May wheat exports were at the lowest monthly level since July 2014. This means it is likely to be a net wheat importer in the 2016/17 season, customs data showed. Exports in May amounted to only 29,509 tonnes, against ...Read More
Gems & jewellery exports rise
India gems and jewellery exports from India rose by over 11 per cent to $6.78 billion during the first two months of the current financial year. In April-May last year, the sector's exports amounted to to $6.1 billion, according to ...Read More
Russia extends ban on food imports
The government of Russia has extended a ban on imports of perishable foods from the European Union, the USA, and several other countries. The banned food imports include meat, fish, dairy, fruit, and vegetables. The import embargo was first imposed ...Read More
Namibia bans poultry imports from South Africa, Belgium
Namibia has suspended poultry imports from South Africa and Belgium with immediate effect after outbreaks of highly contagious H5N8 bird flu in the two countries, its Directorate of Veterinary Services (DVS) said last week. South Africa has confirmed outbreaks on ...Read More
Tags: imports
Oslo airport imports biofuels from California
Oslo airport is importing jet fuel made from waste cooking oil in California. This has invoked criticism that shipping and trucking it more than 16,000 kilometers (10,000 miles) invalidates environmental benefits. Oslo was the first international airport hub to offer ...Read More
Hull’s ports may need more staff for food imports
Exit from the EU may put more pressure on ports at Hull and Goole because of an increase in check on food imports. The chief port health inspector for Hull and Goole says more staff could be needed to check ...Read More
Tags: imports
Tax on imports gives local Kurdistan farmers a boost
While farmers are harvesting their crops, the local government of Kurdistan will is imposing a tax on some agricultural crop imports to boost sales of local fruits and vegetables while they are in season. The tax began at the beginning ...Read More
Tags: imports
Sudan bans imports from Egypt
Sudan’s cabinet has instituted ban on imports of agricultural and animal products from Egypt, and also urged the private sector to import products directly from countries of origin, bypassing neighbouring Egypt. Growing tension between Egypt and Sudan has led to ...Read More
US may put emergency tariffs on solar imports
The United States has notified the other 163 members of the World Trade Organization that it is considering imposing emergency "safeguard" tariffs on imported solar cells. There is a global battle to dominate the solar power industry, which has grown ...Read More
China may expand imports from US
China has suggested that it may import more goods from the United States, as Beijing attempts to thaw once frosty ties with the Trump administration over its trade policies. A report issued by the Ministry of Commerce said China may ...Read More
Turkey imposes limits on Russian wheat imports
Exports of Russian wheat to Turkey are facing another barrier, after Ankara introduced a new law restricting Russian imports to 25 percent of the total amount of grain imported. Russia's main exporters confirmed the information reported by a business daily ...Read More
UK pork exports slow down but imports up
UK exports of fresh and frozen pork during March were 3% lower than last on year but imports rose by a massive 47%. The fall in export volumes to 19,100 tonnes highlights the lack of supply in both clean pigs ...Read More
Tags: China, exports, Germany, imports, Netherlands
Dutch avocado imports
In 2016, the Netherlands imported a record €433m of avocados. This makes it the largest importer of avocados in the world after the US, according to the national statistics office. Avocados are now the second biggest fruit import in the ...Read More
Turkey says Russian wheat imports resumed
Turkey resumed wheat imports from Russia on 8 May,just a few days after the trade dispute between the two countries was settled. Turkey, traditionally the second-largest importer of Russian wheat after Egypt and the top buyer of its sunflower oil, ...Read More
UAE bans imports from five countries
Authorities in the United Arab Emirates banned the importation of fruits and vegetables from five countries because of concerns about the high amounts of pesticides used in their production. Since the ban on the import of fruits and vegetables from ...Read More
Tags: imports
Exports of lamb on increase
While imports of lamb declined during February, exports rose by 10 per cent on the previous year to 5,600 tonnes. This is despite a decline in volumes going to France, which is the UK’s largest export market. French exports were ...Read More
Good news for British farmers as UK imports less lamb
Imports of lamb into the United Kingdom are down substantially so far this year, which is helping to improve the income of British producers. The volume of sheep meat imported into the UK in February was down 36 per cent ...Read More
Tags: imports
Co-op Group chops fresh meat imports
The Co-op Group is the first retailer to switch all of its own-brand fresh meat to British suppliers, and not rely on any imports. From 2 May, the Group will provide only 100% fresh British bacon and lamb – dropping ...Read More
Irish exports to Britain rebound
Ireland’s trade surplus fell by 9 per cent to €4.7 billion in February, after a record-high €5.74 billion a month earlier as imports jumped 16 per cent. Preliminary data from the Central Statistics Office (CSO) indicates exports rose 3 per ...Read More
US investigates biodiesel imports
The US International Trade Commission has announced an investigation into imports of biodiesel from Indonesia and Argentina. The investigation will look for evidence of dumping and subsidisation from the two countries. A preliminary decision will be made by 8 May ...Read More
America’s Imports From China Tumble
In January 2017, the U.S. imported nearly $41.4 billion worth of product from China, which dropped to nearly $32.8 billion in February 2017. This marked a record month-to-month decline of just over $8.6 billion worth of imports from China. In ...Read More
Tags: imports
China March exports and imports up
China's March exports rose 16.4 percent from the previous year, while imports increased 20.3 percent. Both exceeded market expectations. Exports in the first quarter of the year rose by 8.2 percent last year, while imports surged 24.0 percent. China's first-quarter ...Read More
Price of imported fruit and vegetables
The price of food imported from the EU is likely to rise by up to 8% as Britain is forced to impose extra border controls after Brexit, making it more difficult import foods that we cannot produce ourselves. Last year ...Read More
Tags: imports
Hong Kong lifts ban on meat imports from Brazil
Hong Kong said last week that it has lifted a ban on the import of Brazilian meat. An investigation into corruption has hit exports from the world's top beef and poultry exporter. Meat exports fell by around a fifth the ...Read More
Mexico Looks Beyond USA for Corn Imports
In response to widespread concern over the renegotiation of the North American Free Trade Agreement (NAFTA) under the Trump administration, Mexico proposes to reduce ties to U.S. agriculture and look for new exporting partners. After indications of a possible 20 ...Read More
Turkey may stop Russia wheat imports
The economy minister of Turkey said that the country has not banned the import of wheat and similar products from Russia, but imports may completely stop as Turkish companies do not like to import from Russia. Turkish import buyers have ...Read More
UK goods may cost more as import prices rise
Britain’s manufacturers fear that increased cost of raw materials may threaten a robust recovery since the Brexit vote that has included total export orders hitting a two-year high. A survey of the sector found that firms said the weak pound ...Read More
India Imports More Wheat
Wheat production in India will probably fall short of a government forecast, causing the world’s second-biggest grower to import a large quantity amid declining domestic inventory. Imports in 2017-18 may total 2 million tons, the second highest level in 11 ...Read More
Sterling devaluation reduces value of Irish exports to Britain
The Brexit-related crash in sterling reduced the value of Irish goods exports to Britain by about half a billion last year, the latest trade figures show. According to the Central Statistics Office, exports to Britain fell by €496 million to ...Read More
Brazil forced to import Robusta coffee
Brazil's Agriculture Minister Blairo Maggi said on Monday that he has asked the country's Foreign Trade Chamber to authorize robusta coffee imports at near zero tariff, according to the ministry. If the board approves the request, it would be the ...Read More
Imports of potatoes to Romania up
Romania imported 120,830 tons of fresh and frozen potatoes in the first nine months of 2016, an increase of 45% against the similar period of 2015. The sums spent surpassed 27.4 million euro in the mentioned period, while in the ...Read More
Cheap NZ imports could damage UK lamb industry
The Welsh rural affairs secretary Lesley Griffiths has expressed fears that a free trade deal with New Zealand could damage the UK lamb industry irreparably. She said that a huge influx of lamb imports' would absolutely destroy' the industry. Phil ...Read More
Tags: imports
Texan Business Owners Fear Tax On Imports From Mexico
A possible import tax to pay for president Donald Trump's wall along the Mexican border is causing protests from business owners in Texas. The tax is not yet in operation but has created anxiety among businesses who import on a ...Read More
Tags: imports
Trump Will Need Imports for His Domestic Priorities
The new President of the USA wants to minimise imports, which he says take away American jobs. These criticisms seem not to take account of the fact that, apart from energy, the U.S. imports significant amounts of the commodities it ...Read More
Ireland cost of imports rise
The value of Irish imports increased by 18 per cent to €6.15 billion in November, as weakness in sterling could be inflating the cost of British-manufactured goods. The latest trade figures also reveal the value of exports fell by 1 ...Read More
Tags: imports
Iraq poultry import ban includes Serbia, Finland and Britain
Iraq widened a ban on live and frozen poultry imports to include Serbia, Finland and Britain on Monday. This reflects government concern over the spread of bird flu. The country imports nearly 50 percent of its annual poultry needs. Iraq ...Read More
Alcohol imports to China grew in 2016
China’s imported alcoholic drinks continued to grow in the first 11 months of 2016, with spirits imports registering positive growths in both volume and value. Figures were released recently by China Association for Imports and Export of Wine & Spirits. ...Read More
Why a US recession could cause pain for China
A recession in the USA could be a big challenge for major exporters to the US, such as Germany and China. The US is the world’s biggest importer. 14 percent of global imports in 2015 were to the US and ...Read More
US continues probe of China plywood imports
U.S. trade officials said they will continue their anti-dumping investigation into some hardwood plywood products imported from China, after deciding there was a "reasonable indication" that the domestic plywood industry was hurt by subsidized imports. The U.S. International Trade Commission, ...Read More
EU sets import duties on steel bars from Belarus
The European Union will impose duties on imports of concrete reinforcement rods and bars from Belarus, to counter what it considers are excessively cheap prices, according to news on Tuesday. The European trade bloc will impose import duties of 12.5 ...Read More
EU bans Ukraine poultry imports due to avian flu
The European Union has banned poultry imports from Ukraine, due to concerns over avian flu, Ukraine's food safety watchdog said last week. The ban, which is for an indeterminate period, is linked to a recent case of avian flu in ...Read More
Trump’s China tariff may damage US industries
Donald Trump is still taking a tough stance on China and some investors are starting to wonder who who will suffer if he puts words into action. The ramifications of the president-elect's talk of a punitive 45 percent tariff imports ...Read More
American agriculture export fears
Since winning the presidential election, Donald Trump’s anti-trade tone has moderated, but not completely faded. Farmers and ranchers, remain wary, because 20 percent of all U.S. farm production is exported. In 2015, U.S. agriculture exported $133 billion of bulk commodities ...Read More
Pakistan puts cotton imports from India on hold
Pakistan has suspended cotton imports from its top supplier, India, because the shipments failed to fulfil phyto-sanitary certification. Traders say it is possible that rising hostility between the neighbours might have prompted Pakistan to restrict imports. This will help other ...Read More
USA Thanksgiving demand to increase import volumes
A new report predicts major retail container ports will see a 4.4 percent increase in import cargo volumes this month before the Thanksgiving holiday. The monthly forecast from the Global Port Tracker also indicates that December "should see a slightly ...Read More
South Africa’s industry hurt by cold-rolled steel imports
Imports of cold-rolled steel products, particularly from China, are hurting South African producers, initial findings from a local trade agency showed earlier this week, potentially paving the way for import duties. The International Trade Administration of South Africa launched an ...Read More
France’s trade deficit widens as exports fall
France's trade deficit widened in September as declines in exports were sharper than the fall in imports, the French customs office said this week. The eurozone's second-largest economy recorded a 4.77 billion euro ($5.28 billion) trade deficit in September after ...Read More
North Korea imports rice on large scale in September
North Korea imported the largest-ever amount of rice from China per month in September since the launch of the Kim Jong-un regime in 2011, in an apparent bid to stabilize prices, a U.S. broadcaster reported last week. North Korea imported ...Read More
UK wood pellet imports expected to reach new record in 2016
The United Kingdom is by far the largest importer of wood pellets in the world followed by Denmark, South Korea and Belgium. In the 2Q/16, the U.K. imported record volumes of just over 2 million tons, which was 11 percent ...Read More
China’s coal imports surge again
China’s imports of coal from the seaborne market surged again in October, thereby justifying the jump in prices but also raising questions as to how much more of the fuel the world’s top buyer can import. Seaborne coal imports were ...Read More
Air freight demand improves
The International Air Transport Association (IATA) has released data for August 2016 global air freight markets which shows that demand, measured in freight tonne kilometers (FTKs), rose 3.9 per cent year-on-year. Freight capacity measured in available freight tonne kilometers (AFTKs) ...Read More
Tags: freight
British gin exports skyrocket
The rest of the world has developed a bigger taste for British gin than ever before. New figures show global exports have risen 166 per cent by value since 2000. According to the Wine and Spirit Trade Association, exports since ...Read More
US trade deficit widens in August on higher imports
The U.S.A trade deficit rose more than expected in August because a rise in imports offset higher exports. The Commerce Department said last week that the trade gap widened 3 percent to $40.73 billion. Imports hit their highest level since ...Read More
China Allowing Corn Exports
Big crops in the U.S.A are expected to find more competition on the world market, as China announces plans to start exporting its massive corn stockpile. This would be the first time in 10 years that China has issued permits ...Read More
Monsoon Rainfall Seen Trimming India Imports
India may import less sugar than predicted three months ago, after global prices surged to a four-year high and the first normal monsoon in three years boosted the outlook for domestic crop. Imports may total 1.25 million metric tons in ...Read More
Russia revises ban on imports of Egyptian foods
In 2015, Moscow imported Egyptian fruit and vegetables worth around $350 million. Russia has a history of limiting imports in trade disputes, but has said officially that the fruit and vegetable ban was due to "insufficient Egyptian phytosanitary controls". "Egyptian ...Read More
Olive oil imports likely to rise 20% in 2016-17
India's olive oil imports are expected to rise 20 per cent to 13,500 tonnes this financial year, on the back of rising demand in large conurbations, a top Indian Olive Association official said. The country had imported 11,106 tonnes of ...Read More
China Removes Ban on Some U.S. Beef Imports
China has removed the ban on imports of some U.S. beef products, opening up the trade for the first time since 2003. The ban on imports of U.S. bone-in beef and boneless beef for livestock under 30 months has been ...Read More
Sudan bans Egyptian imports
Sudan has temporarily suspended imports of fruit, vegetables, and fish from Egypt from Sept. 20 on safety grounds, the Sudanese trade ministry said. This action comes less than a week after Russia announced it would suspend fruit and vegetable imports ...Read More
Tags: imports
UK bedroom furniture imports surge
Intensifying competition and higher imports has caused continued growth within the UK bedroom furniture market. Figures suggest that the 2% growth is likely to continue into 2016/17 as competition looks set to dictate the future rate of growth. Another major ...Read More
How Donald Trump could wipe $420 billion off China’s exports
Victory for Donald Trump in the US Presidential election may effect China's economy in a major way. The candidate's promise to slap punitive tariffs on Chinese imports would be highly contractionary, deflationary and wipe hundreds of billions off the value ...Read More
Russia adds salt to list of banned imports
Russia has expanded the ban on Western and Ukrainian food imports, adding salt to the list, according to a government decree published on yesterday. The ban will become effective on Nov. 1 and apply to both white and industrial salt, ...Read More
Algeria: Medicines – Imports Rise By 10 Percent in Seven Months
Pharmaceutical imports into Algeria rose by 10% in the first seven months of 2016 compared with the same period in 2015. The value of imports reached US$1.14 billion between January and July 2016, against US$1.03 billion during the same period ...Read More
Tags: imports
Venison import fears
Venison imports could dramatically overtake domestic production volumes in the next five years, the Scottish Venison Partnership (SVP) has warned. They forecast that if UK market trends continue, the UK will import more than double the amount of venison it ...Read More
Australian potato imports rise
New data suggests Australian potato imports have increased over 2016, igniting concerns about the profitability and competitiveness of the domestic industry. Figures released by Global Trade Atlas for the first quarter of 2016 indicate that imports rose by 23 per ...Read More
Australian potato imports rise
New data suggests Australian potato imports have increased over 2016;this has sparked concerns about the profitability and competitiveness of the domestic industry over the coming months. Figures for the first quarter of 2016 indicate imports rose by 23 per cent ...Read More
Irish Exports increased ahead of Brexit vote
Exports of Irish goods rose sharply in the weeks before the Brexit vote, but analysts say that that favourable conditions may be reversed in the coming months after the euro lost much of its competitiveness against sterling. The figures show ...Read More
Questions Over Export Finance are Raised in UK
The Office for National Statistics recently released trade figures for the month of June, showing a widened trade deficit, meaning the difference between imports and exports has widened by around £900m since May 2016. Import / export data are important ...Read More
Value of Irish exports rises
The value of Irish exports rose 5 per cent to €9.5 billion in June 2016, while imports fell 8 per cent to €5.05 billion. As a result, the State’s trade surplus for the month rose €826 million or 22 per ...Read More
Car imports “dramatically” increased since Brexit vote
There has been a 60% increase in the amount of car imports into Ireland since the UK voted to leave the EU in June, year-on-year. A currency exchange specialist has reported that it is dealing with a huge influx in ...Read More
Indian Govt to take steps to boost exports
Minister of State for Commerce Nirmala Sitharaman today said that the Indian Government has taken a number of steps like promoting access to new products and finding new geographical areas to boost exports. The share of Indias export in global ...Read More
Colombia Maintains Tariffs on Panama Imports
Colombian Finance Minister Mauricio Cardenas and the Minister of Commerce Maria Claudia Lacouture announced Sunday, July 31 that they will be maintaining tariffs on footwear and textile imports from Panama to Colombia. The decision reportedly goes against World Trade Organization ...Read More
Mujuru says now a vendor, sues Bob over imports ban – New Zimbabwe.com
New Zimbabwe.com Mujuru says now a vendor, sues Bob over imports ban New Zimbabwe.com This is according to papers filed at the High Court in which Mujuru is seeking an order to set aside Statutory Instrument 64 of 2016 which ...Read More
Rapid growth in Polish exports expected
Poland’s Deputy Development Minister Jerzy Kwieciński has announced that Polish exports could grow by up to 7 percent over the whole of 2016. Kwieciński told journalists: “Our exports are rising. We expect them to rise this year by around 6-7 ...Read More
Scotland’s £12bn ‘exports’ to Europe are at risk
BREXIT puts almost £12 billion a year worth of Scotland's exports to Europe at risk, a new report has warned. A briefing by Holyrood researchers highlights the significance of access to the single market. The briefing by the Scottish Parliament’s ...Read More
US set to relax rules on UK lamb imports
Restrictions on British lamb imports could be lifted by the USA within months,paving the way for a trade worth £35m to British farmers, says Defra minister George Eustice. Mr Eustice said that the long-running mission to get British lamb chops ...Read More
Call for anti-dumping probe into iron ore imports to China
Chinese iron ore miners have called for an anti-dumping investigation into imports of iron ore from top suppliers Australia and Brazil. More than 20 Chinese miners made a statement on the Metallurgical Miners' Association of China website which said "a ...Read More
Brexit uncertainty hits June imports of Swiss watches
Exports of Swiss watches to the UK fell by 26.1% fall in June. Uncertainty over the EU referendum had caused retailers and wholesalers to delay purchasing decisions. The subsequent fall in the value of the pound against the Swiss franc ...Read More
More evidence of China’s “booming” pigmeat imports
Chinese pork imports continued to “boom” throughout the first half of 2016, with June imports of fresh/frozen pork up 138% on the year at 762,000 tonnes. China has been rationalising its breeding herd, and domestic production has yet to recover. ...Read More
Rising fruit sales help offset falling dairy exports
Japanese and Chinese consumers' appetite for kiwifruit continues to soar, with Japanese sales rising by $55 million and Chinese by $39m in June, compared to the same month last year. Annual exports of all fruit were up $617m and apples ...Read More
Beijing slaps import duties on Japan, EU, South Korea
China said on Sunday that it has started imposing anti-dumping tariffs on certain steel imports from the European Union, Japan and South Korea, as Beijing itself is criticised for similar trade practices with its exports. Import duties on the materials, ...Read More
US and Vietnam reach deal on US imports
The United States and Vietnam signed an agreement on this week, resolving two longstanding World Trade Organization disputes over imports of Vietnamese shrimp into the United States, the U.S. Commerce Department said. "The agreement also provides a framework for the ...Read More
Tags: imports
EU to investigate rise in Russian, Brazilian steel imports
The European Commission will investigate whether Russia, Brazil and three other countries are flooding the bloc with cheap hot-rolled flat iron and alloy and non-alloy steel products. The investigation follows a complaint from European steel producers. As well as Russian ...Read More
E-Bike Imports Show Vast Growth in 2015
The increase in the sale of electric bicycles across Europe’s main markets is underlined by comparing import figures for 2015 to those of 2014. They account for close to 50% import growth. A figure that’s even higher when taking the ...Read More
Tags: imports
Pulses imports to India may rise to 5 mn tonnes
India is likely to import about 5 million tonnes of pulses during April-December period of this financial year, largely by private traders, to boost domestic supply and cool retail prices which have reached up to Rs 200 per kg. India, ...Read More
Tags: imports
EU fish imports increase by €1 billion
FISH imports to the EU have increased by an average €1 billion every year since 2009. The 2015 increases were spread across all the main EU suppliers – Norway, China, Iceland, Morocco and the US. The EU’s €141 million, or ...Read More
South African poultry imports destructive
South African poultry producer Astral has warned that cheap imports coming into the country threaten to destroy South Africa’s poultry industry. The group said its operating profit dropped 22 percent to R429 million, down from R550m for the six months ...Read More
Tags: imports, South Africa
Iran bans import of Chevrolet cars
Iran has banned the import of Chevrolet cars, after Supreme Leader Ayatollah Ali Khamenei criticised imports of U.S. autos, and asked the government to support domestic production. The semi-official Mehr news agency quoted an unnamed official in the Ministry of ...Read More
Timesaving import system implemented in Turkey
A risk-based inspection system for imports has been put into effect on May 2. The system reduces the waiting time for imports and helps trace risky products and companies. The Customs Minister, Tüfenkci said the system electronically carries out the ...Read More
Tags: imports
SA imports tons of maize
South Africa’s largest grain terminal is ready to receive millions of tons of maize imports, aimed at combatting the ongoing drought. The Durban Agriport terminal is poised to handle the lion’s share of imports from across the world. From 2 ...Read More
Tags: imports, South Africa
Major rise in Iran’s imports from Russia
A recent report announced that the value of Iran’s imports from Russia in March stood at $132 million. It said the figure marked a significant rise compared to the same period last year. This came as a surprise given that ...Read More
Russia: Putin highlights Uzbek fruit imports
Russian President Vladimir Putin has hailed a rise in imports of Uzbek agricultural products into Russia this year. This includes a 54-fold jump in citrus exports, an industry news outlet reported. The move comes amid a strained supply environment since ...Read More
China imports offer hope to NZ dairy farmers
Desperate dairy farmers in New Zealand can now see a glimmer of hope. After being suffering from a plunge in prices in a world market flush with supply, things are finally improving as China is importing more. New Zealand-based Fonterra ...Read More
Food imports to Pakistan up by 2.68 percent
Food imports into Pakistan has increased by 2.68 percent during the first three quarters of the current fiscal year compared with the corresponding period of last year. The food imports into the country during July-March (2015-16) were recorded at $3.98 ...Read More
Tags: imports
Imports from UK to surge in the next 10 years
The value of imports into Ireland from the UK will grow by 66% in the next 10 years, adding a further €26bn to the overall level of imports which currently stands at a record-high of €40bn, a recently published forecast ...Read More
Higher tariffs on imports of Chinese steel being considered by EU
Steel imports from China could be hit with fresh trade duties by the EU, according to European Commission president Jean-Claude Juncker. Mr Juncker said the commission was investigating China’s largely state-backed steel industry, which European producers say is one of ...Read More
Imports to Russia though March plummet 14%
"According to preliminary customs statistics, in January-March 2016 imports from non-CIS countries decreased by 14.2 percent compared to the same period last year and amounted to $32.254 billion,” said the Federal Customs Service in a statement last week. Even so, ...Read More
Kenya: Wheat Farmers complain as Imports Increase
Kenya's wheat imports hit Sh35.6 billion last year, amid rising concerns by local farmers that millers are ignoring their produce. The farmers said millers are shunning their crop, in favour of imports. Imports have become cheaper because oversupply in the ...Read More
Tags: imports
US Senate Votes to Ban Imports of Syrian Art
The US Senate voted on Wednesday to ban the import of virtually all ancient art and artifacts from Syria, to discourage the looting and trafficking of illicit objects by the Islamic State and other armed groups. The Senate voted by ...Read More
February US shrimp imports rise 17%
Shrimp imports from all but one of the top seven US suppliers rose in February 2016, with a total shrimp import increase of 17.5% year-on-year, according to latest figures. The reason seems to be lower prices, with the average price ...Read More
Turkish Exports Rise First Time in 4 Months
Turkey’s trade gap shrank in February from the previous year, as exports rose for the first time since October. The shortfall narrowed to $3.17 billion from $4.7 billion in February 2015, compared with the median estimate of $3.2 billion in ...Read More
Officials urged to resist Sweden’s plan to ban lobster imports
The lobster fishing and export industries in Maine, USA, are moving swiftly to pressure the European Union not to approve a proposal from Sweden to list the American lobster as an invasive species. This listing would effectively ban 28 EU ...Read More
Exporters should diversify markets as Egypt cuts imports
Exporters who ship products to Egypt have been advised to improve their competitive edge and/or explore new export markets following the announcement of a plan to slash Egypt’s imports by 25 percent. An economic analyst from the University of Indonesia ...Read More
Cheap vegetable imports harm Australian growers
The viability of Australia's vegetable industry is under threat from cheap imports, according to industry body AUSVEG. Figures show nationally the amount of land sown to vegetables decreased by 12,000 hectares last financial year, resulting in a $159 million drop ...Read More
Chemical imports into Ireland decrease
Seasonally adjusted goods imports decreased by €1.7bn, to €4.6bn, leading to an increase of €1.1bn, in the seasonally adjusted trade surplus to almost €5bn in January. Imports of organic chemicals decreased by €214 million, while imports of petroleum dropped by ...Read More
Brussels urges EU members to regulate steel imports from China
The European Commission announced plans on Wednesday 16 March, to speed up trade defence cases against cheap imports from China. The Commission urged member states to stop blocking measures that could set higher import duties against dumped and subsidised products. ...Read More
German exports fall in January, imports soar
German exports dropped for the second consecutive month in January but imports jumped more than expected, data showed on Thursday, in a sign that weak foreign demand held back growth in Europe’s biggest economy at the start of 2016. Seasonally ...Read More
Turkish January exports worst since 2011
Turkey's monthly exports fell below the $10 billion mark for the first time since 2011 in January, while regional political crises dealt a major blow to Turkish exports to such traditional markets as Russia and the EU, government data showed ...Read More
South Africa: Cost of Cheap Imports
Poultry and pork producers in South Africa are struggling, not only because of the impact of dry climatic conditions on production, but also because they have to compete with “cheaper” imports. South Africa, which has an unemployment rate of over ...Read More
Tags: exports, imports, South Africa
South Florida’s imports fall
Last year, South Florida’s imports fell to their lowest level since 2011. Against that backdrop, the top 10 imports were all valued in excess of $1 billion for the first time. Overall, imports totaled just shy of $48.60 billion, down ...Read More
Nigeria: Tomato processors competing with cheap imports
Tomato processing factories in Nigeria are working to secure the local market and keep out cheap imports. This is difficult for Africa’s second largest tomato producer due to inadequate facilities. They face a variety of problems, ranging from cheap imports ...Read More
Argentina weaker peso will keep imports flat
Argentina's imports in 2016 are expected to be approximately unchanged from last year, as a devalued peso offsets the lifting of most import restrictions imposed by the country's previous government, Buenos Aires' top trade official has said. Argentina has removed ...Read More
South Africa’s maize imports to soar
South African maize imports could cost up to 19 billion rand ($1.2 billion) this year, a sharp increase from 2 billion rand in 2015, as a severe drought hits farm output and pushes up food prices, the Treasury said in ...Read More
Tags: imports, South Africa
South Africa and USA resolve poultry imports problems
South Africa and the United States (US) have resolved all the outstanding issues relating to agricultural imports from the USA. In a statement issued by the government on Tuesday, Minister Siyabonga Cwele said that solving the issues had paved the ...Read More
Russia banning imports of US soy
Moscow's ban on imports of US soybeans may have forced Russia to use genetically-modified crops to gain enough oilseeds for its burgeoning livestock industry – at least, according to US officials. In 2014 Russia banned a swathe of agricultural imports ...Read More
Saudi Arabia suspends French imports over bird flu
Saudi Arabia yesterday suspended the import of poultry, eggs and dairy products from seven French regions, due to a bird flu outbreak. The Saudi Food and Drug Authority said the regions include France’s southwestern Dordogne. The director of the French ...Read More
Iran bans Saudi imports
The Iranian government has said it has banned the import of products from Saudi Arabia, as well as the import of goods of Saudi origin from other countries. The move comes after Riyadh cut diplomatic ties with Tehran on January ...Read More
Tags: imports
Zimbabwe to step up maize imports
Zimbabwe is planning to import up to 700,000 tonnes of the staple maize this year to avert hunger as the El Nino weather pattern brings poor rains and affects crops in the Southern African nation. Last year the government imported ...Read More
USA halts Spanish pepper, Colombian citrus imports
USDA Animal and Plant Inspection Service announced last week that it has suspended imports of Spanish peppers following the discovery of Mediterranean fruit fly in a number of consignments arriving at US ports. Aphis said the ban also applied to ...Read More
Imports from Spain, France and the Netherlands are stable
Imports to Italy from Spain, France and the Netherlands are stable. "The import of the main vegetables from the foreign markets at the moment is dead calm", explained CoFra, a wholesaler based in Verona specialising in imports from Spain, the ...Read More
Tags: imports
Russia wants rise in fruit imports from Iran
Russia has announced that it is considering reduction or elimination of import duties on Iranian agricultural products – a measure that may be meant to encourage larger exports of Iranian fruits and vegetables to Russia. Minister of Economic Development Alexei ...Read More
Farmer protests this Christmas over NZ lamb imports
Farmers are threatening protests against Tesco this Christmas, after talks broke down over reducing the large amounts of imported New Zealand lamb on sale in its stores. Members of farm lobby group Farmers For Action and North Wales sheep farmer ...Read More
Tags: imports
French trade deficit widens as imports increase
France's trade deficit widened in October from September as imports rose abruptly and exports declined slightly, the country's customs office said on Tuesday. The trade deficit of the eurozone's second-largest economy rose to 4.58 billion euros ($4.97 billion) in October ...Read More
China imports and exports falling again
Chinese imports and exports both fell in November, official data showed on Tuesday, the latest poor figures from the world's second-largest economy. Exports sank 6.8 percent year-on-year to $197.2 billion in November, Customs said; a marginal improvement on the previous ...Read More
France bans imports of lion hunt trophies
France has banned the import of lion heads, paws and skins as hunters’ trophies, almost four months after the killing of Zimbabwe’s most famous lion by an American trophy hunter sparked international outrage. In a letter to the animals rights ...Read More
Mongolian imports to quench thirst for forage
China will import more than 400,000 metric tons of forage from Mongolia next year, in order to cope with the growing demand in China for dairy and other high-protein products, officials said earlier this month. Import shipments have already started, ...Read More
Scotch Whisky Exports Fall due to Brazil Downturn
Scotch whisky exports continued to decline in the first six months of this year, as the economic downturn in Brazil and high import taxes in India curbed demand for the spirit. Export volume fell about 3 percent to 517 million ...Read More
Fruit and veg growers soaring imports
Fruit and vegetable imports have hit record levels, according to a report by the NFU Horticulture and Potato Board. The value of UK field vegetable production plummeted 14% between 2010 and 2014 and outdoor vegetable growers shrank their cropped areas ...Read More
Tags: imports
US sets high duties on melamine imports from China
The United States has set steep duties on imports of melamine from China and Trinidad and Tobago, after finding the goods were produced using unfair government subsidies and sold too cheaply in U.S. markets. The Department of Commerce set final ...Read More
Russia Plans Cheese Imports From Iran
Iran is ready to start shipping cheese to Russia, a little over a year after Moscow imposed an embargo on dairy products from most European countries. Iranian dairy products to be supplied to Russia successfully passed an inspection by Russia's ...Read More
New Zealand Annual Imports From China Surge In September
Annual imports of goods from China hit a record high of NZ$10 billion, up NZ$1.6 billion (19 percent), for the year ending September 2015, Statistics New Zealand said earlier this week. Total goods imports reached NZ$52 billion, the highest-ever for ...Read More
China’s gold imports from Hong Kong jump to 10-month high
China's net gold imports from the main conduit, Hong Kong, jumped to a ten-month high in September, data showed this week. Net gold imports from Hong Kong rose to 97.242 tonnes in September from 59.319 tonnes in August, according to ...Read More
Tata Steel Blames China imports for 1200 British Jobs Cuts
Tata Steel Ltd. (IW 1000/196) on October 20 said it would cut around 1,200 jobs at two plants in Britain, blaming the action in part on cheap imports from China. "This comes in response to a shift in market conditions ...Read More
Vietnam blocks Chinese apple imports due to island dispute
Apple exporters in China will have to come up with new, non-controversial packaging if they want to resume sending the fruit to Vietnam, authorities said last week. "Importers will have to cancel those cartons if they want to want to ...Read More
Tags: imports
Port of Tyne set to axe 40 jobs as coal imports fall
The Port of Tyne is to axe about 40 jobs as it looks to slash costs due to a fall in coal imports. The port issued a statement confirming it was in talks with staff and unions over the cuts ...Read More
Tags: imports
China slowdown continues as imports fall
The release of Chinese trade figures this week showed a nearly 18 percent fall in renminbi terms for imports in the year to September and a decline in exports. In dollar terms, the decline in imports comprised of raw materials ...Read More
Dairy imports into China decline
USA Shipments of dairy products to China for the year to August 2015 were 1.2Mt, down 20% on the same period in 2014. This fall in volumes coincided with prices for dairy products decreasing resulting in the overall value of ...Read More
Tags: imports
Argentine apple exports to Brazil crumble
Apple producers in the provinces of Río Negro and Neuquén fear that rising domestic inflation and the falling real could mean the disappearance of the Brazilian export market for Argentine topfruit. The warning follows the release of data which show ...Read More
Foreign imports cause trouble for Kashmir
Many locals in the Kashmir walnut industry are struggling because India has begun importing the nuts from other countries. Traders say demand in the world markets was initially high, but now there are virtually no export orders. Traditional import countries ...Read More
Greek Exports Expected to Decline in 2015
Greek product exports are expected to fall in 2015, the Federation of Northern Greece Exporters (SEBE) said in September. In a report, SEBE said that the introduction of capital controls in the country exacerbated an already difficult situation and were ...Read More
Russia bans food imports from Bulgaria
Russia has banned some food imports from Bulgaria from September 1, after Sofia told Moscow about an unspecified number of cases of false phytosanitary certificates. The temporary restrictions were imposed on any imports and re-exports to Russia accompanied by such ...Read More
Florida exports drop 9.9% in June
The latest international trade figures show that $4.54 billion worth of goods left Florida for international markets in June, a decrease of 9.9 percent from May. Exports of manufactured goods contributed significantly to the state's international trade, accounting for 75 ...Read More
US imports of cell phones and drugs tumble
The U.S. trade deficit fell 7.4% in July, mainly because of smaller quantities of imports such as cell phones and pharmaceutical products. Exports rose for the first time in three months. Exports rose 0.4% in July to $188.5 billion, led ...Read More
German pork imports at a 10-year low
Increased pigmeat production in Germany in the first half of 2015 has resulted in the country exporting more and importing less. Although Germany was a relatively small direct outlet for the UK, at 14,700 tonnes for January to June 2015, ...Read More
China Imports beef offal
According to a recent report, the majority of Irish beef exports to China are in the form of edible offal and are worth in the region of €8m annually. Irish exports of edible beef offal to China were worth €7.8m ...Read More
Government in Russia destroys illegal imports
Vladimir Putin's latest show of defiance has used bulldozers, steamrollers and tractors to destroy hundreds of tons of illegal food imports, in televised spectacles that some Russians are calling absurd and grotesque. In a country where millions starved in the ...Read More
SMEs account for most Turkish exports
The percentage of exports stemming from small and medium-sized enterprises (SMEs) was 56.5 percent in 2014, according to data released by the Turkish Statistical Institute (TurkStat). SMEs also accounted for 37.8 percent of imports. According to the report, 62,987 enterprises ...Read More
Russia extending ban on food imports
The Russian government has extended the ban on food imports for another year. The ban on imports includes cheeses and dairy products, meat, fish, fruit and vegetables from Australia, Canada, the EU, the US and Norway. Demand for domestically produced ...Read More
Cheap imports threatening Black Country
Cheap imports, particularly from China, 'risk undermining Europe's steel industry', according to Tata Steel. A combination of the imports, the strength of the pound and high energy bills in the UK have combined,Tata Steel, leading to a sharp drop in ...Read More
Tags: imports
Russian boycott damages Dutch food exports
The value of Dutch agricultural exports fell in the first four months of 2015, the first time exports have gone down since 1996, the national statistics office CBS said last month. Compared with the year earlier period, exports fell 2.7% ...Read More
Impact of Collapsing Chinese Coal Imports
Global seaborne coal trade is currently projected to drop 1% y-o-y in 2015. This would be the first annual decline in almost three decades. The driving force behind the slump has been a collapse in Chinese seaborne coal imports, which ...Read More
Russia eases ban on seafood imports from Japan
Russia’s agriculture ministry said that it has partially lifted a ban on seafood imports from Japan which was imposed in the wake of the Fukushima nuclear crisis. A total of 23 fish processing companies in Aomori Prefecture will now be ...Read More
Russia considers ban on flower imports from Netherlands
Russia's agricultural watchdog is proposingto ban the import of flowers from the Netherlands after discovering a pest in shipments. Currently, the federal regulatory service is discussing the legal implications of this ban, and analyzing the consequences while considering the direct ...Read More
China imports shrink again
China's export sales unexpectedly rose for the first time in four months in June, and imports fell again but posted their best performance this year, causing some optimism. The General Administration of Customs said Chinese exports grew 2.8 percent last ...Read More
Egypt cancels decision to ban cotton imports
The Egyptian cabinet cancelled a decision banning cotton imports to Egypt two weeks ago. During a cabinet meeting headed by Prime Minister Ibrahim Mehleb the door for importing cotton and conducting studies to define the market’s needs were discussed. Minister ...Read More
Japan proposes low-tariff quotas for butter imports under TPP
Japan has proposed setting low-tariff quotas for imports of butter and skim milk powder, under terms being thrashed out for the Trans-Pacific Partnership, negotiation sources said last week. The proposal was made in response to strong calls from other members ...Read More
Greek firms fear slow death as bank freeze cuts off imports
Thessaloniki is famous for its wines and spirits that are in high demand across the world, regardless of Greece’s economic crisis. But it cannot be exported without bottles, which have to be imported. “We don’t make bottles in Greece, we ...Read More
Russian Food Will Squeeze Out Imports – Agriculture Minister
Agriculture Minister Alexander Tkachyov said earlier this month that Russian farmers will push foreign food imports off the Russian market entirely in the course of just 10 years, news agency TASS reported. "The main task that faces Russian agriculture is ...Read More
India’s plan to curb steel imports could hit small mills
Steps by India to protect its large steelmakers from a flood of cheap imports could end up closing scores of small, local firms that process the metal, industry analysts and executives said. These processors currently buy imported steel at up ...Read More
Indian Poultry Industry Demands Soybean Imports to Compete with USA
The Indian poultry industry has demanded permission to import at least one million tonnes of soybean meal, to help them deal with the impending competition of cheaper imports of chicken legs from the USA. Producers think this will help the ...Read More
Turkey’s exports and imports both sink in May
According to data released by the Turkish Statistical Institute (Turkstat) on last week, Turkey's exports decreased by 18.8 percent to $11.11 billion and its imports decreased by 14.4 percent to $17.86 billion in May 2015 when compared with the same ...Read More
Russia can change list of banned Western imports
Russian Prime Minister Dmitry Medvedev said on Thursday that a list of banned imports from Western countries could be changed according to the state of relations with the European Union and other countries. Medvedev told a government meeting he had ...Read More
India signs biggest wheat imports deal in a decade
India has signed the biggest wheat import deal in over a decade, despite surplus stocks at home, with a deal with Indian flour millers and the local units of global trading giants to import 5,00,000 tonnes of premium Australian wheat ...Read More
China’s coal imports from Australia down 37.6 percent
China imported 4.89 million tonnes of coal from Australia in May, down 37.6 percent from the corresponding period last year, figures from the country’s customs authority showed. The figure was also down 25.9 percent from April, despite some predictions that ...Read More
Export/Import balance narrows
The latest figures from the Office of National Statistics (ONS), published last month, showed a slight narrowing of the UK’s trade deficit; imports of goods outstripped exports by £10.1bn in March, down £700m from February. Exports of goods rose by ...Read More
New rules on Japanese food imports to be enforced
A new measure that will tighten regulations on Japanese food imports will be enforced from May 15 as scheduled, a Cabinet spokesman said earlier this month. Sun Lih-chyun reaffirmed the government's stance after Japan again criticized the new measure. Sun ...Read More
France leads world wine exports
The world wine export market is largely dominated by Spain, Italy and France, who represent more than half of the world’s wine exports in terms of value of sales as well as in terms of volume. Whereas Spain exported the ...Read More
Ghana’s exports to Italy on the rise
Ghana’s total export to Italy in 2013 amounted to $751 million dominated by petroleum oils, cocoa beans and tuna, Dr Ekwow Spio-Garbrah, Minister of Trade and Industry at the launch of Milan Expo in 2015. He said while the country ...Read More
California nut exports beat competition in March
Led by almonds and walnuts, California exports slipped slightly in March but managed to do better than Texas, its primary shipping rival, and the rest of the USA. California businesses shipped merchandise valued at $14.9 billion in March, down about ...Read More
Food imports may be allowed into Turkey
Economy Minister Nihat Zeybekci said the government might allow the import of some products in order to decrease food inflation. Zeybekci said the ministry expects a growth rate of 1.5 percent for the first quarter of the year, but this ...Read More
Tags: imports
Iron ore imports from Australia to China fall
China's iron ore imports from Port Hedland, Australia, fell 4% in April as demand weakened, according to data released by the Pilbara Ports Authority on 4 May. Data showed that iron ore imports fell from 31.2 million tonnes in March ...Read More
US trade deficit largest since 2008 as imports surge
The U.S.A trade deficit increased to its highest level in nearly 6-1/2 years in March, as imports rebounded strongly after being held down by a labour dispute at key West Coast ports, suggesting the economy contracted in the first quarter. ...Read More
Complex procedures delay imports
Lack of standard norms for clearance of inbound shipments at ports coupled with complex procedures lead to inordinate delay in imports,the government auditor of India said earlier this week. "It was seen that the procedural complexities and consequent delays in ...Read More
Zimbabwe imports maize
Zimbabwe plans to import 700 000 tons of the staple maize grain to compensate for a deficit after bad weather affected the crop from the current farming season, state radio reported on Tuesday. It quoted Agriculture Minister Joseph Made as ...Read More
Tags: imports
Car Imports to Russia Down 50 Percent
Imports of new cars to Russia dropped 45.4 percent in the first quarter of 2015, as car sales in the weakening economy collapsed, it was reported. The market for car imports to Russia has been hit hard by the steep ...Read More
EU threatening to ban seafood imports from Thailand
The EU has given Thailand, the world’s third-largest seafood exporter, six months to crack down on illegal fishing or face a trade ban on its fish imports. “The commission has put Thailand on formal notice, after identifying serious shortcoming in ...Read More
Flood of Imports to West Coast Ports
There was a virtual flood of imported cargo to the USA West Coast ports in March. Container ships steamed into West Coast ports last month after the end of a labour dispute. While the resulting surge in imports may be ...Read More
Mexico bans poultry, egg imports from Iowa
Mexico, the biggest buyer of U.S. chicken, has halted imports of live birds and eggs from the U.S. state of Iowa due to an outbreak of deadly bird flu there, the Mexican government said last week. Mexico and other major ...Read More
Japan exports improve
Japan posted its first monthly trade surplus in nearly three years in March, due to falling import costs from cheaper oil prices, along with a modest recovery in exports. It is unclear how long surpluses will continue - Japan's oil ...Read More
Syria slashes imports to save foreign reserves
Importers require government licences that allow them to request a favourable exchange rate at the Syrian central bank. But the government has in recent months issued fewer licences, and the central bank has increasingly declined to offer importers the favourable ...Read More
Tags: imports
World imports more Swedish sweet treats
Food and drink account for an increasing share of exports from Sweden, with France and the US among the countries gobbling up a growing number of cakes, breads and pastries from the Nordic nation. Food and drink exports from Sweden ...Read More
EU cannot maintain protection against Chinese imports
European fears of being forced to lower tariff defences against cheap Chinese imports have grown following a confidential warning from the EU's own lawyers. The head of the European Commission's Legal Service, Luis Romero Requena, warned the head of the ...Read More
Indian Wheat imports hit five-year high
India has purchased some 80,000 tonnes of Australian wheat in recent deals, the biggest amount of such imports by Asia's third-largest economy in five years. The imports were necessary after unseasonal rains damaged the crop in the Indian subcontinent. Imports ...Read More
Falling imports improve euro zone trade surplus
Euro zone imports dropped in January compared with last year, while exports remained flat, boosting the single currency area's trade surplus, data from the European Union's statistics office showed on last week. Eurostat said unadjusted imports fell 6 percent in ...Read More
Exports increase from China, but slide in imports
Imports to China shrank in February for a second month in a new sign of weakness in the world's second-largest economy. Imports contracted by 20.5 percent to $108.6 billion compared with a year earlier, customs data showed. Trade data for ...Read More
Rose imports bloom in Japan
Rose imports to Japan are starting to peak before the nation’s annual rites for graduation ceremonies and corporate personnel reshuffles. Workers at the flower importer Classic Japan Ltd. have been especially busy this week inspecting rose imports from Kenya at ...Read More
Beijing Destination for fresh fruit imports
Beijing has become the main destination for fresh fruit imports in northern China, with increased direct shipments in the past five years, according to a recent report by the United States Department of Agriculture (USDA). The report, ‘Fresh Fruit Market ...Read More
UK Rioja wine imports up 10.3%
Imports of Rioja wine to the UK rose 10.3% by volume year on year in 2014. Total exports of the wine reached a record 106 million litres. The UK imported more than a third of this volume. Most of the ...Read More
Japan exports surge, imports shrink
Exports from Japan continued to rebound in January while imports shrank, as the yen's sharp fall and the nation's powerful manufacturing industry helped the country deal with a weak domestic economy. Exports for the month grew 17% from a year ...Read More
US Meat Exports Face adverse conditions
US meat exports are facing significant barriers at the moment, be this due to the sharp increase in the value of the US dollar, lower prices for competing meats in other countries or the slowdown strike in West Coast ports. ...Read More
Hong Kong bans Japanese poultry imports
Hong Kong is banning some imports of poultry from Japan, Israel and Nigeria, after the announcement of avian influenza outbreaks there. The latest ban covers imports of poultry, poultry products and eggs from Okayam prefecture in Japan, Haifa in Israel ...Read More
Indian mango imports to EU to resume
A ban on Indian mango imports into the European Union will be lifted, clearing the way for them to return to the UK and other EU member states. But imports of other foodstuffs such as Indian aubergines, two types of ...Read More
Chinese Coal Imports: Regulatory Risks
In recent years, Chinese seaborne coal imports have been surging, registering average growth of 67% p.a. between 2009 and 2013 to total 265mt. However, this trend has not continued - seaborne coal imports into China are down 7% year-on-year in ...Read More
Nigeria imports rice from Vietnam
The Nigerian-Vietnam Chambers of Commerce and Industry says that the Nigerian government’s yearly rice import bill from Vietnam has hit about $500 million. The President of the chamber said in an interview that Vietnam was also spending about $100 million ...Read More
US to resume beef imports from Ireland
The United States will permit imports of beef from Ireland, the first European Union country allowed to resume exports to the USA since the mad cow disease scare over 15 years ago, officials said on Monday. Simon Coveney, Ireland's minister ...Read More
US relaxes Chinese solar import tariffs
A group of US solar firms has welcomed proposals to lower the tariffs imposed on Chinese solar imports as "a step in the right direction" for the industry. The US Department of Commerce recently completed an administrative review of the ...Read More
Russia bans poultry imports
The Russian federal service for veterinary matters, Rosselkhoznadzor, has banned the imports of all kinds of poultry from Italy where an epidemic of bird flu broke out. Earlier, the Russian veterinary watchdog had imposed a similar ban on imports of ...Read More
Hong Kong suspends chicken imports
Hong Kong began culling 15,000 chickens on Wednesday, and suspended imports of live poultry from mainland China for 21 days after the H7 bird flu strain was discovered in a batch of chickens from the southern province of Guangdong. Authorities ...Read More
Russian Shoppers Want Imports
January 1 is Russia’s answer to Christmas - a day for exchanging gifts after a night of feasting. But as shoppers crowd into Moscow’s malls, they may glimpse some truths about their economy that could spoil the festive mood. At ...Read More
2014 a bubbly year for sparkling wine imports to USA
It has been a bubbly year for sparkling wine imports. They will set a record in 2014, as will overall wine imports, annual U.S. Census Bureau statistics will show when they are released in February. In October, sparkling wine imports ...Read More
USA Sparkling wine Import-Export Imbalance
Looking strictly at exports and imports,the United States is running a deficit totaling $698.72 million this year, with — and here’s the imbalance — about 96 cents of every dollar in sparkling wine trade a U.S. import and just 4 ...Read More
Prosecco Imports fizz
The most rapid growth in sparkling wine imports to the USA is not those originating in France but in Italy,perhaps best known for one of its leading varieties, Prosecco. France will end 2014 year responsible for a lower percentage of ...Read More
Tags: imports
‘Dangerous drug’ imports to be banned from Japan
The Japanese government and the ruling parties are expected to revise the Customs Law to ban imports of quasi-legal drugs known as dangerous drugs, it has been learned. The planned revision will place such drugs in the same category as ...Read More
Now Calais migrants threaten imports
Fresh food imports to the UK are coming under threat because illegal immigrants are hiding in the back of lorries; entire truck-loads of imported fruit and vegetables are being destroyed if a migrant is found inside a transportation vehicle. This ...Read More
Russia May Start Fish Imports From Iran
Russia may start importing fish and fish products from Iran this month, a spokesman for Russia’s agriculture watchdog Rosselkhoznadzor said a couple of weeks ago. Russia had banned imports of fish, seafood and other foodstuffs from the European Union and ...Read More
Fish traders want cheap imports banned
Fish traders in Zimbabwe have appealed to the government to protect the local industry from cheap and poor quality imports from Cahora Bassa in Mozambique, which they say are hurting the local fish market. Foreign fish exporters have flooded the ...Read More
Tags: imports
Road Haulage & Freight Forwarding Welcome Road Development
Representatives from both the Road Haulage Association (RHA) and the British International Freight Association (BIFA), which represents the freight forwarding community, have welcomed the government’s plans to invest £15 billion in the country’s road infrastructure. Both organisations however tempered their ...Read More
Declining US beef production increases imports
Beef production in the USA is declining and resulting in higher beef imports according to Eoin Kelly, Business Analyst at Bord Bia. Kelly says that with domestic production declining stronger prices in the US are expected to lead to an ...Read More
Tags: imports
China opens door to Aussie wine imports
China will erode import tariffs for Australian farm products – including wine – over the next decade, after the signing a landmark trade agreement. Australian wine imported to China currently faces tariffs of between 14% and 30% according to ABC ...Read More
Singapore exports slide in October
Non-oil domestic exports in Singapore contracted 1.5 per cent on-year in October, dragged down by a decrease in both electronic and non-electronic exports. The fall comes after a 0.9 per cent growth in the previous month, according to statistics released ...Read More
Eurozone Exports Jump
The eurozone's trade surplus widened in September as exports surged. The European Union's statistics agency on Friday said the eurozone economy grew at an annualized pace of 0.6% in the third quarter, a slight acceleration from the second, with France ...Read More
China October cotton imports low
China imported 81,900 tonnes of cotton in October, down 42 per cent on the same month last year - the lowest level since January 2009, data showed. It was the first time monthly imports of the fibre dropped below 100,000 ...Read More
Turkey exports to Russia slide
Turkey’s exporters may have reported their best-ever October, but exports to Russia have dropped one-fifth year-on-year. There had been hopes of boosting trade after Russia downgraded links with the West, figures released by the country’s leading export organization have shown. ...Read More
Vietnam to stop fresh fruit imports from Australia
Australia's Department of Agriculture (DoA) has confirmed that Vietnam has 'raised concerns with Australia's fruit fly management systems and is considering suspending trade in Australian fruit'. The export market is worth about $40 million, including grapes and cherries. Alan Bramble, ...Read More
Tags: Australia, China, exports, imports, Seafreight
Canada import barriers
When it comes to the value of goods that can be shipped into the country before duty is assessed (referred to as the de minimis level), Canada comes near the bottom of the list. Americans can import $200 worth of ...Read More
Russia Bans Imports of EU Meat
Citing health concerns, Russia last week announced new sanctions on meat products from the European Union, widening its restrictions on Western food imports. Its federal supervisory agency for agriculture, the Rosselkhoznadzor, said "temporary restrictions" will go into effect Tuesday on ...Read More
UK Wheat Imports to fall
UK wheat imports will fall more than 40% this season due to the boost to domestic supplies from the strongest year-on-year rise in production in history – requiring bumper exports to avoid a huge stocks build-up. UK wheat imports - ...Read More
China Exports and Imports Surge
China's exports and imports in September were far higher than expected, according to official data: exports were 15.3% higher than last year, while imports rose 7%, giving a trade surplus of $31bn for the month. The data beat the expectations ...Read More
Russian import sanctions lower fruit prices
Fruit growers in the United Kingdom are suffering from the impact of Russian sanctions on EU food imports, which are lowering the price of their produce by up to a quarter. Russia has banned fruit imports from EU nations, which ...Read More
German exports dive
Exports from Germany plunged in August by their largest volume since the height of the financial crisis, and leading institutes slashed forecasts for growth. The figures fuelled debate on whether Berlin is doing enough to prop up the domestic and ...Read More
Russia increases food imports from ‘non-sanctioned’ countries
Russia is increasing the volume of imports from third countries, following the ban on food from the United States, Canada, the European Union, Norway and Australia. Turkey is exporting poultry and fish, Switzerland is delivering dairy products, and Uruguay is ...Read More
Significant Reduction in UK wheat imports
UK wheat imports will fall more than 40% this season due to the boost to domestic supplies from the strongest year-on-year rise in production in history. Bumper exports will be needed to avoid a huge build-up of stocks. UK wheat ...Read More
Tags: imports
UK Exports Increasing
The UK Environment Secretary has been giving encouraging news to the Conservative party conference about food exports. She said that almost 600 new markets had been opened overseas, adding that exports had increased by more than £1 billion in the ...Read More
Food imports ‘a disgrace’
British children should grow up knowing the taste of Melton Mowbray pork pies, Norfolk turkeys and black pudding, Liz Truss, the Environment Secretary, has said. She said that the UK imports of large quantities of apples, pears and cheese at ...Read More
Polish Miners Block Cheap Coal Imports from Russia
Miners in Poland protesting against imports of cheap Russian coal have blocked a border route into northern Poland, according to mining union leaders. More than 200 workers blocked the passage in order to protest against imports of Russian coal. Polish ...Read More
Turkey preparing to cut imports
Turkey is preparing to introduce new measures to curb imports by the end of the year, in the latest measure to cure the chronic current account deficit problem, Economy Minister Nihat Zeybekci has announced. “We performed a study on ‘the ...Read More
Tags: imports
Russia to increase imports from Vietnam
Russia is enacting measures to import more agricultural products from Vietnam due to sanctions imposed by the West over Moscow’s involvement in the Ukraine crisis. The increase in imports is also meant to boost trade ties between the two countries, ...Read More
Vietnam Seafood Exports to Russia
Ten Vietnamese seafood companies are currently exporting products to Russia, according to a report by the Export Department. However, the Russian trade representative in Vietnam said the number of Vietnamese businesses entering the Russian market has increased on a daily ...Read More
Euro zone July trade rises on exports
The euro zone's trade surplus rose year-on-year in July as exports grew faster than imports, indicating a positive contribution to economic growth at the start of the third quarter, the European Union's Statistics office data showed. Eurostat said the non-seasonally ...Read More
Dutch exports grow thanks to previous imports
The volume of exports in June 2014 increased by 4.1 percent over June 2013, the Central Bureau of Statistics (CBS) in Holland has reported. The bureau said in a statement that this was mostly due to transshipment of goods through ...Read More
Whisky exporters oppose Independence
Whisky exporters in Scotland have been vocally opposed to the independence movement. "Internationally, as an export oriented sector, we rely on effective support from government in our overseas markets, whether in influencing EU negotiations or pressing other governments to allow ...Read More
Eurozone exports to Russia down 14 per cent in 2014
Exports and imports between the Eurozone and Russia have plummeted in the period January to May, figures from Eurostat revealed last week. The was a 14 per cent decline in exports to Russia in January-June 2014 compared with the same ...Read More
Russia turning to Israel for fruit imports
Russia is interested in increasing its fruit imports from Israel, after boycotting imports from Europe as part of the ongoing diplomatic dispute between Russia and the West. This new development comes as buyers in Gaza, Jordan and some European nations ...Read More
UK wheat imports top forecasts
UK wheat imports finished high in 2013-14, far exceeding expectations, as exports put in their worst performance in more than 20 years, with imports of corn rising too. The UK imported 2.21m tonnes of wheat in the year to the ...Read More
Russia bans most food imports from EU and US
Russia has banned meat, fish, dairy and fruit and vegetable imports from Western countries in the most drastic retaliatory measures taken by the Kremlin so far. The measures - a response to sectoral sanctions designed to punish Russia for stoking ...Read More
Warning of over reliance on food imports
THE PROPORTION of food which the UK produces for itself is continuing to fall, with the country able to feed itself only up until today without imports, farmers have warned. The UK’s self-sufficiency in food dropped by two percentage points ...Read More
Russia to ban all US agricultural imports, EU fruit & vegetable imports
A one-year ban has been imposed on certain agricultural produce, foods and raw materials imports from countries that have sanctioned Russia. An order for economic measures 'to protect the country's security' has been signed by President Putin. The decree “on ...Read More
China Energy Imports
At present, China imports 55 percent of its oil, nearly half of which comes from countries in the Persian Gulf. In volume terms, that amounts to 5.3 mbd, or about 75 percent of Saudi Arabia’s production. China’s reliance on Middle ...Read More
USA wrong to punish Chinese imports, says WTO
The U.S.A was wrong to impose punitive import fees on a range of products from China, the World Trade Organization (WTO) ruled a couple of weeks ago, in a decision that gave Beijing a key victory in a long-running tariff ...Read More
UK trade gap widens in May on higher aircraft imports
Britain's goods trade deficit widened in May, increased by imports of aircraft, official data showed last week. The Office for National Statistics said the goods trade deficit grew to just over 9.2 billion pounds from 8.8 billion pounds in April, ...Read More
Export, Import boost for India
If everything goes as per plan, then gradually all minor ports in the state will be converted into commercial ports to promote export and import. Minister for ports and fisheries Baburao Chinchansur said that very soon the cabinet will discuss ...Read More
War on imports to Belarus
The Council of Ministers in Belarus is introducing licensing for the imports of cars and tyres. Public authorities are working on a draft law, according to which licensing could be introduced in the country for imports of cars and tyres ...Read More
Tags: imports
Exports from Finland to Russia drop
Finnish exports to Russia dropped sharply in the last quarter, making Germany in the top position for international sales, according to new figures. Machinery, equipment and chemicals suffered the biggest declines in exports to Russia. Imports from Finland’s eastern neighbour ...Read More
UK Imports Wheat
Recent figures show that the UK had for a 23rd successive month imported more wheat than it exported, against the typical trend. Imports, although down 9.8% month on month at 113,861 tonnes, far exceeded exports, of 26,910 tonnes, a gain ...Read More
China’s exports rise 7% in May, imports fall
Exports from China increased in May thanks to firmer global demand, data showed on Sunday, but an unexpected fall in imports signalled weaker domestic demand which may continue to weigh on the world’s second-largest economy. Exports rose 7 per cent ...Read More
Russia Suspends US Pig Imports
Russia - concerned over the spread of Porcine Epidemic Diahorrhea virus (PEDv) in U.S. pig populations, announced last week it was suspending U.S. imports of live pigs effective from May 30. The disease has already killed about 10 percent of ...Read More
E.U Bans Citrus Imports From South Africa
On 27 may, the European Commission announced restrictions on citrus imports from South Africa due to an outbreak of “black spot” plant disease there. South African politicians are concerned about the economic ramifications for the world’s largest citrus exporter. The ...Read More
Tags: exports, imports, South Africa
Swiss April Exports Steady
Switzerland had modest export growth in April. This was mainly stimulated by demand from Asia and the USA for pharmaceutical and chemical products, as well as watches and jewellery. Exports during April rose 0.4% compared with the previous year in ...Read More
Tags: exports
Hong Kong wine imports static in 2013
Hong Kong imported 1bn US dollars' worth of wine in 2013. 100m US dollars' worth of this was of re-exported to Mainland China, said the region's secretary of commerce and economic development, at the opening of the Vinexpo Asia Pacific ...Read More
Freight Forwarders Vietnam Fears
Freight Forwarders believe import and export demand to and from Vietnam may be affected for an extended period after many of the country’s key industrial parks closed. A dispute with China over maritime rights escalated into violent anti-China protests earlier ...Read More
Tags: exports, freight, freight forwarding, imports
Irish beef imports affect prices in Wales
There has been an increase in Irish beef being imports to the UK, which reports say are undercutting Welsh beef at 310p/kg, compared to 352p/kg for Welsh steers. The Welsh Red meat body's chairman Dai Davies said: “Throughput at Irish ...Read More
British dairy imports to Ireland
Milk imports into the Republic have almost doubled for the first two months of the year compared to 2013. The volumes imported are also significant, totalling 90m litres for January alone. The vast bulk of the milk came from Northern ...Read More
UK Exports start to rise
ON 9 May the Office for National Statistics released trade figures for March,also the first quarterly trade statistics for the year. The data once again shows a mixed picture of export performance, with some areas of improvement against a continued ...Read More
Tags: exports
China wine imports from Australia increasing
China is becoming one of the top three wine-consuming countries in the world, with imports from Australia growing by nearly 150%, according to the latest National Australia Bank (NAB) Agribusiness Rural Commodities Wrap. Wine imports to China from Australia have ...Read More
US beef industry wants China to resume imports
China is working hard to resolve issues that would allow imports of US beef to resume for the first time since 2003 when a Washington State outbreak of "mad cow disease" prompted Beijing and other countries to restrict them. The ...Read More
Record cashew exports from India
Cashew exports rose to a record high last financial year in volume and value compared with the previous year. Total exports during 2013-14 increased by over 13 per cent to 1,13,620 tonnes from 1,00,105 tonnes. “Performance in all the segments ...Read More
New foreign trade policy to boost exports from India
The Indian government has said that a new Foreign Trade Policy will focus on ways to boost India's exports, and reduce dependence on imports. "India being part of WTO cannot only think in terms its export promotion without equally supporting ...Read More
Report predicts annual growth in China beef imports
A new bank report suggest that China's government will need to increase beef imports in order to support the country's domestic beef supply. The bank forecasts five years of 15% to 20% annual growth in China's beef imports. The report ...Read More
Hong Kong Rice Imports Increase
Hong Kong’s rice imports in 2013 have increased to around 339,000 tons, up about 9% from about 310,000 tons in 2012, according to the USDA Post. The Hong Kong rice import market has changed significantly since its full liberalization in ...Read More
Surge in value of Irish exports
THE value of Irish exports rose by 3pc in February when compared with the same month last year, official figures show. One of the main reasons for the positive data was a 15pc increase in the value of exports of ...Read More
China Fair shadowed by weak exports
The Canton Fair － officially known as the 115th China Import and Export Fair－is expected to draw 200,000 international buyers, an increase of more than 180,000 over the autumn session when there was a drop-off in numbers, said Liu Jianjun, ...Read More
German exports slump in February
In February, Germany's export-driven economy shipped goods and services worth 92.4 billion euros ($127.4 billion) - a drop of 1.3 percent compared with the previous month of January, according to latest figures released by the German statistics office in April. ...Read More
China imports less gold
Banks in China have been importing less gold over the past month as demand reduced after the festival season. Cheaper prices at home due to a softer yuan also curbed overseas purchases of the precious metal, banking sources and traders ...Read More
UK Food And Drinks Exports To China Soar
China's imports of U.K. food rose 82 percent in 2013 from 2012, driven by spectacular sales of pork and salmon, making the world’s second largest economy a prime market for British food exports outside the European Union. The value of ...Read More
Hong Kong Exports Decline For a Second Month
Hong Kong's exports declined for a second straight month in February, while imports increased strongly, leading to a larger trade deficit than a year ago, data from the Census and Statistics Department revealed Tuesday Exports fell 1.3% year-on-year, after decreasing ...Read More
EU bans fish imports from Belize, Cambodia, and Guinea
At €10 million annually, the value of these countries exports to the EU is relatively low, but NGOs say it sends a strong signal to other larger fishing countries on the commission’s warning list. “These are not the major importers ...Read More
China Blocks Imports of American apples
The Washington Apple Commission has suffered a setback in its attempts to persuade China to import their apples. In December, Chinese officials appeared ready to resume imports of Washington Reds and Goldens after one more inspection trip, but they have ...Read More
Tea exports rise marginally in 2013 – Economic Times
Tea exports from India during 2013 increased by only two per cent at 212 million kilograms as compared to 208 million kilograms in 2012, according to data by Indian Tea Association (ITA). Production of tea during 2013 increased 6.6 per ...Read More
German exports, imports surge at fastest pace for 2 years
German exports and imports increased in January at the fastest pace in nearly two years, data showed on Tuesday. Data from the Federal Statistics Office showed seasonally-adjusted exports up 2.2 percent in January, well above a consensus forecast for a ...Read More
Tags: exports
Imports meet China’s food needs
China is importing more and more food to meet its domestic needs, which is causing anxiety at home and abroad after years of near domestic self-sufficiency. This is particularly true of grain, the US Department of Agriculture reporting a near ...Read More
Imports can help us unlock Britain’s export potential
A report by a leading international bank shows that British manufacturers – particularly in the automotive, pharmaceutical and machinery industries – have started to import more semi-finished parts, allowing them to focus on value added. But this increase in imports ...Read More
India rejects EU demand for zero-duty auto imports
The European Union is seeking zero-duty import of automobiles, as part of a trade agreement with India. The Indian government has dismissed this demand. In addition the 28-member grouping wants further customs duty removal for 29 auto components, again a ...Read More
Japan exports rose in January
Exports from Japan rose by 9.5 per cent in January, compared with the previous year. This is lower than the expected 12.6 per cent. Imports increased by 25 percent, partly caused by the weak yen. With the big increase ...Read More
Fruity imports to U.SA. Grow
Imports of fruit to the USA will account for about half of total per capita fruit and nut use by 2023. Imports of vegetables will make up 25% of per capita vegetable use. Those new projections from the USA's ...Read More
Russia considers 30% import tax on foreign online retailers
Russia is considering restricting imports from foreign online retailers, joining an increasing number of countries looking into measures to protect local operators. The government of Ryussia is looking at a 30% tax on imports worth more than 7,000 roubles (£123) ...Read More
Cloth Exports from Scotland to China on the rise
In the first nine months of 2013, Scottish tweed exports to China rose to a record high, reaching £9.7 million, which is higher than all of the exports in the previous year. China’s overall wool importsincreased by 6.5 percent to ...Read More
China Imports Rising
Imports to China rose the most in five months in December, indicating that domestic demand will support economic growth.The Chinese government claimed the title of the world’s biggest trader of goods. Inbound shipments increased 8.3 percent from a year earlier, ...Read More
China Rice Imports down 5% from Previous Year
China’s Customs General Administration (CGA) says that China imported around 2.24 million tons of rice in the calendar year 2013, which is about 5% less than the 2.36 million tons in 2012. According to the CGA, China also exported around ...Read More
British beef suffering from Polish imports
In the wake of the horse meat scandal last year, British retailers turned to domestic supplies of beef, but now they are buying imports from Poland at a cheaper price. While imported beef doesn't fit the Red Tractor requirements to ...Read More
Freight takes off at Shanghai Pudong Terminal
Shanghai Pudong cargo terminal saw freight tonnage rise by 2.83 percent to a total of 1,173,784 tonnes in the first 11 months of 2013. In 2012 the total was only 1,141,472 tonnes. Domestic cargo volume grew by 17.05 percent year-over-year ...Read More
Tags: air freight, cargo, exports, freight, imports, Seafreight
Russia banning fish imports from Norway
Russian vets recently returned from a visit to Norway;they are unsatisfied with the food safety control and want to stop all import of fresh fish and fish products from Norway. Norway exports salmon to 120 different markets; only the Russian ...Read More
Tags: exports, freight forwarding, imports, International Freight, Norway, shipping
More US cars Shipping to China
Exports of cars from the USA to Saudi Arabia and China are increasing revenue for shipping vessel operators. The U.S.A exported a record 1.8 million cars and light trucks last year. Exports rose another 8.9 percent in the first 10 ...Read More
Tags: exports, freight, imports, Seafreight, shipping
Import from Oslo of famous tree
The world's most famous Christmas tree was exported from Norway via Immingham to London. Shipping free of charge on DFDS, the tree arrived on Saturday 30 November and is on forwarded by lorry. It is decorated in traditional Norwegian style, ...Read More
Shipping Industry hope for shopping
Ocean shipping carriers are hoping that last Friday - Black Friday - the beginning of the peak period for Christmas shopping, will encourage retailers to re-stock and fill their ships. The following Monday - Cyber Monday - is the peak ...Read More
Russia Opens door for Meat Imports
Last month the Environment Secretary signed a major trade agreement with Russia, which will allow beef and lamb exports from the UK to be imported into Russia. This ends an 18 year ban imposed after the outbreak of BSE in ...Read More
Liverpool Development for Low Carbon Imports
Liverpool's development as a deep-water port will allow imports from anywhere in the world to be delivered to a market of over 35 million consumers without touching a road. The frequent feeder services on the Manchester Ship Canal will allow ...Read More
Refrigerated Shipping Uncertainty
Shipping of refrigerated perishable goods increased by about 3.6% per year between 2002 and 2012 but the future is uncertain. Specialised refrigerated fleets are reducing in number due to the cost of maintaining them, although refrigerated exports and imports are ...Read More
US Imports Predicted to Surge
The USA based National Retail Federation is expecting import container volumes to increase 5.1% in September in comparison with the previous year. Retailers seem to be stocking up in preparation for the holiday season. The tool volume of container imports ...Read More
China container trade knocked by economy
This year rates of growth of freight volumes have eased, victim of muted demand for China's manufactured goods. In May, both imports and exports fell. It is hoped that in future imports will be a source of sustainable growth; the ...Read More
China exports and imports recover
Growth in Chinese exports and imports was higher than expected in July, representing a sharp recovery from the previous month. Exports rose 5.1% compared with a year earlier, while imports gained 10.9%. The rises were large swings from June's figures, ...Read More
China Policies to boost import/export trade
The Chinese government is aiming to maintain stable growth in the second half of the year by fine-tuning economic policies. The policies cover a wide range of areas, including customs clearance, foreign exchange, taxes and inspections. The outlook for exports ...Read More
Low Growth for China Exports
According to one of the major shipping lines, export volumes out of east and central China have grown by just 3% in the first half year of 2013. Customs data suggests that overall import-export value grew 1.1% over last year; ...Read More
Logistics Changes in China
The logistics requirements of the country's export, import and domestic industries are changing with the expanding domestic economy. Global Third Party Logistics Providers are being forced to move with their customers, expanding the size of their distribution centres or seeking ...Read More
Boost to Chinese Imports
As the Chinese people become wealthier, the domestic market for consumer goods is growing. China is now importing more goods than ever from the rest of the world, so much so that in March the country posted a rare trade ...Read More
Gothenburg Increase in Crude Oil Imports
During the first quarter of 2013, 5.5 million tonnes of crude oil and other energy products were handled by the port of Gothenburg, an increase of five percent over the previous year. The total volume of freight through the port ...Read More
Sweden Imports Refuse Derived Fuel
Sweden has been forced to import rubbish to fuel its waste-to-energy incineration program. The specially prepared waste product, called Refuse Derived Fuel, is compressed into blocks to burn in electricity generation. The country's small population of 9.5 million is so ...Read More
China Imports fall in New Year
The Lunar New Year celebrations in China have had a considerable impact on import figures: in February imports declined 15.2% compared with the previous year. Factories and businesses in China are shut for days during the New Year celebrations.
USA Imports Expected to Increase
A recent report says that container imports to the USA this month are expected to rise in comparison with last year. Although there have been reductions in federal spending which will affect Customs and Border protection, imports are expected to ...Read More
China Exports Increasing
In January this year exports from China froze by 25%, while imports soared 28.8%. This suggests that external and domestic demand are both strong, although exports of tableware to Europe have been hit by excessive import duties.
EU Criticizes Norway Import Tariffs
The EU's draft report on Norway for 2012 shows that Europe regrets Norway's decision to increase import tariffs on certain cheeses and meat. However there is a good relationship overall, which should not be jeopardised by the new import restrictions.
Norway increases meat imports
Meat imports into Norway increased by 69 percent in the first nine months of 2012. Agriculture in Norway is struggling to meet demand and the industry does not expect the trend for increased imports to reverse in the near future.
UK Port Traffic falters
Department for Transport statistics show that total freight traffic through UK ports was 2% down over last year, based on the rolling 12 months to the end of September 2012. In 2011, ports handled 519 million tonnes of freight traffic, ...Read More
Baltics chase Eastern Freight
Lithuania and Latvia are investing in port infrastructure and rail freight systems in an effort to become the gateway to Western Europe for exports from China and Japan. Lithuania is offering favourable freight transit rates to China and Japan through ...Read More
Norway import/export Trade Increases
Imports of seafood from Norway to Grimbsy are growing. Both salmon and cod imports are increasing year by year. Various trade events have helped to promote good business relationships between Grimsby and Norway, in addition to a reduction in salmon ...Read More
Duty free holiday for Pakistan exports
The European Parliament recently approved a regulation to allow more goods to be exported duty free to the EU on a temporary basis. The measure is designed to help Pakistan with economic recovery after the floods. Duties can be re-introduced ...Read More
Downturn in Auto Freight through Sweden
Of all the freight cargo moving through Gothenburg port this year, the biggest fall in volumes has been in cars. During the third quarter, 30 000 cars were shipped, compared with 45 000 in 2011. These figures cover movement of ...Read More
Swedish Imports/Exports stable
Although growth in imports and exports through Gothenburg was down slightly in January - September, volumes in the third quarter increased. The most common containerised export goods from Sweden are paper, timber products, industrial components and steel. Imports are mainly ...Read More
China Import Export Fair Disappoints
The China Import and Export Fair opened on Monday 15 October with disappointing attendance. The Canton Fair spokesman attributed this to flagging external demand, rising trade fractions, the rising value of the Chinese currency and seasonal factors.
Japan exports fall
A slow down in China and economic difficulties in Europe have caused Japanese exports to fall and the trade deficit to increase. Higher prices for oil meant that imports became more expensive, and shipment to the EU fell 25 per ...Read More
Russia Imports likely to increase
Now that Russia has joined the World Trade Organsation, exporting countries, especially Finland, are expecting to benefit. Russia is expected to reduce some import tariffs immediately and others after an interim period. Taxes on wood exports will probably ease, and ...Read More
Freight volumes down at Schipol
Schipol Airport in Amsterdam handled 3.5% less tonnage in the first half of 2012 than in the previous year. Exports - which made up 48.7% of the total - held up slightly better than imports, which were 3.5% down. The ...Read More
Fall in Eurozone Exports
Exports to the most troubled parts of the Eurozone, such as Spain and Greece, are falling as consumer demand in these countries shrinks due to economic difficulties. Spain and Greece are still exporting seasonal fruits to the UK, but many ...Read More
Saudi Ports swamped by Imports
Ports in Saudi Arabia are being overwhelmed by the increase in imports which has occurred over the last year. The delays in unloading have caused two international freight shipping carriers to refuse to transport containers to Jeddah from America. The crisis ...Read More
Midsummer exit from Stockholm, Sweden
With the main summer festival of Midsummer Eve taking place on Friday 22 June, many workers will leave Stockholm and the other main cities for the countryside. Import and export traffic with Sweden has traditionally slowed down at this time ...Read More
China Export Growth
Official statistics issued by China's government over the weekend show that the economy is still growing, although more slowly than expected in some areas. Exports, however, rose 15.3pc in May, according to customs figures released on Sunday. This is more ...Read More
Slow growth in Europe import/export
Trade volume figures for the first quarter of 2012 suggest that growth will be slower than in 2011. Deepsea imports to Europe are forecast to increase by 2.3% in 2012, with a 2.8% gain anticipated in North Europe and a ...Read More
Air Cargo limited by Norway Strikes
Although the strikes in Norway are not supported by 100% of workers, air cargo at Oslo has been restricted by the lack of security guards. Air cargo handlers are coping with limited gate opening times, which means that most exports ...Read More
New Shipping Service to Cork
The port of Cork in Ireland has invested heavily in new equipment, enabling it to welcome the first direct shipping service from South America. Weekly services will carry mainly exports of bananas, which have not been shipped direct to Ireland ...Read More
China Export Recovery
The Chinese government said in a press conference that export growth showed recovery during the first ten days of May, but the country is still facing difficult trading conditions. Chinese exports grew 27.3 percent and imports rose 28 percent in ...Read More
Record Imports and Exports in March
Exports from and imports to the UK hit a record high in March. Export growth was mainly due to sales of pharmaceuticals and cars to non EU countries but also to Germany. However, there was a decline in manufacturing exports ...Read More
Hamburg export and import volumes
Volumes of both import and export traffic through the Port of Hamburg in Germany increased in the first quarter of this year. This was in spite of falling volumes of imports from the Asian continent. Hamburg is the second-largest port ...Read More
China big on pig imports
In 2011 imports of pig offal accounted for more than 65 pe cent of the total pig products imported in China. Demand for meet has been growing in China, and this is helping exports in other parts of the world. ...Read More
Incentive for Chinese Exports
The Commerce Ministry of China has said that tax rebates for exports are likely to be increased this year. Exports have declined sharply due to the European debt crisis, and the government wishes to stabilise export growth. The announcement was ...Read More
China lowers import duties
A former deputy commerce minister in China announced that the import taxes on a large number of consumer and luxury goods will be lowered this year. The aim is to promote domestic consumption in China. This is encouraging news for ...Read More
EU investigates China steel imports
Eurofer, the European steel producers' group, has filed an anti-dumping complaint with the European commission against imports of organic-coated steel from China. A formal investigation is expected to begin next month. A series of complaints have been brought by the ...Read More
Irish Shipping still declining
The latest statistics from the Irish Maritime Development Office show that only one of the five principal freight segments showed any growth over the same period last year. Exports grew by 4% in Q3 and by 6% for the first nine ...Read More
Simpler Imports for US air freight
The Customs authority in the USA has announced a pilot plan for simplifying air freight imports. During the pilot scheme, the importer or broker will provide 13 data items and 3 optional data items, instead of the 27 currently required. The ...Read More
Whisky exports to China grow
The UK trade association for the Scotch whisky industry have published figures showing that the value of China's imports of Scotch whisky is increasing steadily. In 2001 the value was 2.9 million dollars, in 2010 it was more than 85 ...Read More
Non Euro Exports on the increase
The Office for National Statistics has published figures showing that exports from the UK increased in August, compared with July. The trade deficit narrowed more than expected with exports rising and imports falling slightly. The reduction in imports was inevitable ...Read More
Felixstowe’s New Freight Terminal
On 28 September Felixstowe, which is the largest freight container port in the UK, opened two new berths. They will be the only container berths in the country which are large enough to handle the largest container ships which are ...Read More
Taiwan Imports delayed
Cargo importers in Taiwan are complaining that their shipments are being delayed because Customs authorities are taking too long to inspect goods. The Customs officials say they need more time to prevent 'possible misunderstandings' while the importers complain that officials ...Read More
Future of freight distribution
According to a recent article in the journal of the Chartered Institute of Logistics and Transport, it is time to re-design the distribution of freight to reduce cost and environmental impact. Current practice relies on using existing facilities, which were ...Read More
Container imports slow
Container Trade Statistics report that imports into Europe from Asia in June were 4.6% down on May, but are above the levels recorded during the same month last year. Exports to Asia in Quarter 2 of 2011 increased compared with ...Read More
Germany growth slowing
Growth in the German economy slowed unexpectedly in the second quarter of this year. German GDP only increased by 0.1 percent in the quarter to June compared with the previous quarter. Although exports and investment made a positive contribution, imports ...Read More
Europe – freight volumes stagnate
A recently published report shows that exports and imports of freight through European ports increased in May compared with the previous month, but declined from volumes recorded in March. Overall, import and export container growth at deepsea ports has been ...Read More
China to increase US imports
The President of the American Soybean Association has announced that exports to China are expected to rise by 5 % more than last year. It is hope that this will promote relations between China and the USA and help to ...Read More
USA Imports set to increase
The US National Retail Federation has commissioned a report showing that imports are expected to remain at about the same level as last year in July, with increases beginning again later in the summer. Consumer spending has slowed down due ...Read More
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