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Tag: China
Agricultural imports into China rise
China's imports of major agricultural products continued to increase rapidly in the first five months of the year; domestic products tend to be more costly than imports. Wheat imports between January and May reached 2.2 million metric tons, an increase ...Read More
China calls for more imports
The President of China, Xi Jinping has called for an increase in imports and fewer restrictions for foreign investors. China is coming under pressure from the US and Europe to provide better access for overseas companies in the country. Donald ...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
German exports reach record high in May
Germany's exports soared in May as total exports of goods hit a record high, reflecting a recovery in global demand since the beginning of the year. Total exports of goods increased by 1.4%--the fifth straight monthly increase. Germany's exports leapt ...Read More
Strong transpacific air freight demand
Shippers need to be prepared for expensive air charters on the transpacific route in the fourth quarter of the year. E-commerce sales and volcanic ash will begin to affect airline freight capacity. Freight forwarders and carriers are currently reporting record ...Read More
Tags: air freight, China, freight, Hong Kong, USA
China’s freight growth accelerates
The growth rate of national freight volume in China, an indicator of economic activity, accelerated in May, official data showed in June. Railways, highways and waterways carried in total of 4.06 billion tons of cargo in May. This was a ...Read More
Tags: China, freight, rail freight
Salmon exports worth £500m to Scotland
Exports worth £500m and 2,000 direct jobs make salmon a healthy part of the Scottish economy. The fish have become Scotland’s number one food export worth £500 million to the country’s economy. Salmon has now regained its position as the ...Read More
Rail freight from China to Scandinavia
A new rail freight service, we can now transport containers all the way from China, through Russia and Belarus, to Sweden by rail. Previously, the freight was unloaded in Karpin, just outside Warsaw in Poland, before being forwardewd by road ...Read More
Tags: China, freight, rail freight, Sweden
Norway signs agreement on salmon exports to China
Norway has agreed in principle to begin farmed salmon exports to China after a seven-year trade conflict. "For some weeks now there have been discussions between the Food Safety authorities in China and Norway on how we can ensure predictability ...Read More
Furnace closures in China increase scrap exports
The closure of dangerous induction furnaces in China has caused flows of displaced steel scrap exports to India, Japan, South Korea and Taiwan, despite the country’s 40% export duty. A delegate told the Bureau of International Recycling (BIR) conference in ...Read More
China Made Car Exports go by train
Sweden based Volvo Cars recently announced it has exported the first consignment of China-built cars to Europe by train. It has become the first car maker in the world to export China-made cars to Europe by rail freight, via the ...Read More
Tags: China, exports, freight, logistics, rail freight, Seafreight
Vietnam fruit and veg exports surge
Vietnam is expected to earn nearly 1.4 billion U.S. dollars from exports of fruits and vegetables in the first five months of this year. Vietnam's fruit and veg export turnover to China in the five-month period rose 36.8 percent, while ...Read More
Malaysian pineapple exports to China expected to double
Malaysia’s exports of pineapples to China are forecast to double to RM320 million annually by 2020. This follows the signature of a protocol on phytosanitary requirements for the export of pineapples from Malaysia to China. Agriculture and Agro-Based Industry Minister, ...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
China – Belarus rail freight service launched
An international Forwarding company launched a new rail freight service between Shenzhen, China, and Minsk, Belarus, on May 22 with a transit time of less than 12 days. The new service passes through Alatau Shankou - Dostyk on the Chinese-Kazakhstan ...Read More
Tags: China, freight, rail freight
China defends tariffs on sugar imports
China's recent decision to impose extra tariffs on sugar imports would help maintain a fairer market and trade, accordi8ng to the Chinese commerce ministry. This followed criticism of the decision by major sugar exporter Brazil, which is set to suffer ...Read More
Three freight companies increase use of China-Europe rail
Three leading freight companies have announced plans to increase their usage of rail services between China and Europe. The growth of rail freight service between China and Europe hasn't been entirely good news, however. As the Railway Gazette has revealed, ...Read More
Tags: air freight, China, freight
Norway signs deal to resume salmon exports to China
Norway moved closer to resuming its exports of farmed salmon to China on Tuesday after the two countries signed an agreement, Norway's Fisheries Ministry said on Tuesday. The exports have mainly been blocked since the 2010 award of the Nobel ...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
Exports to Asia May Slow
The Asian Export boom may be about to end. Demand from consumers and manufacturers in China, a key driver for an unexpected jump in Asian exports so far this year, is likely to reduce as Beijing shifts its focus toward ...Read More
Georgia wine exports to China to increase
Georgian wine exports to China are set to grow; the two countries have officially signed a Free Trade Agreement (FTA) on 13 May. China will drop import tariffs on 93.9% of exported products from Georgia. The import tariff on remaining ...Read More
Turkey’s exports rise in April
Exports for the month of April rose to $12.83 billion, which is a 7.83 percent increase from April 2016, according to estimates. Imports also increased by 9.58 percent. In April, the country’s total foreign trade volume soared by 8.65 percent ...Read More
First freight train between China UK arrives in Yiwu
The first freight train to link China directly with the UK arrived in Yiwu eastern China, on Saturday 30 April, after covering over 12,000-kilometres (7,500 miles), making it the second-longest train route in the world. China launched the "One Belt, ...Read More
China imports more wine in Quarter 1
China’s wine imports reached 151.1 million litres in the first quarter of 2017, representing a year-on-year increase of 8.7%, while the value of imports value has dropped by 1.6%, the latest figures from the Chinese Customs have shown. Bottled wine ...Read More
Swiss Watch Exports Break Record
Swiss watch exports rose for the first time in 21 months in March. This ended their longest slump on record. Shipments to Hong Kong pulled out of a two-year decline. Exports gained 7.5 percent to 1.6 billion francs ($1.6 billion), ...Read More
60 countries at risk from tainted Brazilian meat imports
Sixty countries, including the US, Canada and some EU nations, are at risk from imported meat from the companies at the centre of a Brazilian meat scandal. 12 countries which did not even import meat from the affected companies imposed ...Read More
White fish exports from Norway rising
Fish from Norway are continuing to enjoy an export boom; sales of the main white fish species are showing a steady increase. The Norwegian Seafood Council published statistics showing that the country exported 129,000 tonnes of cod, haddock and saithe ...Read More
Harvest and exports up for Rhône Valley in 2016
Export volumes of Rhône wines declined very slightly by an estimated 2.7% to 913,000hl: – this was broadly in line with the global downward trend for French exports of still wines. Export values however rose and stayed stable on €460m ...Read More
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
UK-China rail freight service starts in Essex
The first direct rail freight service from the UK to China departed from Essex on Monday. A train with 30 containers filled with British-produced exports began the 7,500-mile journey from the DP World London Gateway rail terminal in Stanford-le-Hope. Whisky, ...Read More
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
Six cities added to China – Europe rail freight network
A trans-continental freight rail network has added Changsha, Chongqing, Suzhou and Wuhan, joining Zhengzhou and Chengdu. The additional cities were chosen for their proximity to manufacturing, commercial and cultural centres in inland China. Duisburg and Warszawa have been added to ...Read More
Tags: China, freight, Germany, rail freight
China drive toward sustainable freight
In China, trucks dominate the freight transport market. In 2014, this transportation method was used to move more than 33 billion tonnes of freight in the country - more than 75 percent of the total. As a result, freight trucks ...Read More
Japan trade surplus with China
Japan has logged a surplus of 111.8 billion yen (S$1.4 billion) with China - its first in five years. Overall, Japan's seasonally adjusted trade surplus stood at 680.3 billion yen. This is the highest since April 2010. Analysts said that ...Read More
USA Protectionism threatens exporters
President Donald Trump has singled out Japan, China and Germany for their high net exports to the American market. This is a concern for exporting countries, who fear that global trade could falter. Japan and the US will start a ...Read More
Brazil’s meat exports drop sharply
According to Brazil's Trade Ministry, the country's meat exports have dropped to $74,000 (68,500 euros), compared with the daily average of $63 million - a drop by 99.9 percent. Last week a police investigation showed the existence of a corrupt ...Read More
Exports up, revenue down for 2016-17 cherries from Chile
By the end of February, total exports were 17% higher, but total FOB returns were 28% down at US$444 million. The drop is revenue is due to the significantly lower unit price, which was US$4.70 per kilo on average – ...Read More
Brexit to help farmers with China chicken feet exports
Farmers could profit from chicken feet by increasing exports to China for business after Brexit, a farming minister has said. George Eustice said there were opportunities to increase exports of this popular snack to China, and other areas where parts ...Read More
China imports surge almost 40%
China's imports increased by almost 40% in February 2017, according to official data, driven by higher commodity prices and strong domestic demand. Exports fell 1.3 percent, far below the 14 percent estimate. The readings left China with a trade deficit ...Read More
UK Customs ‘asleep’ as illegal Chinese imports avoid VAT
UK Customs has been accused of being “asleep at the wheel”, by allowing imports of illegal goods from China without paying VAT. Several executives involved in imports into the UK, have noted the scale of the problem, particularly in regards ...Read More
German rail organisation expects China to boost freight
The International Rail Freight Business Association (IBS) in Germany has expressed its hope that 'Belt and Road' to be held in China forum will help further boost transnational railway freight. IBS Chairman Olaf Krueger said that the expectation for the ...Read More
Tags: China, freight, rail freight
Scottish ministers to boost exports
Scotland could struggle to meet export targets because of "significant cuts" to the enterprise budget,Scottish Conservatives have warned. The party has asked the Scottish Government to do more to help boost exports from businesses. MSPs were debating a report on ...Read More
South Korea exports to China increase by 28.7%
South Korean exports to China rose for a fourth month in February, leaping 28.7 percent compared with a year ago, trade ministry data showed. The February rise was the strongest since November 2010, driven by exports of intermediate goods like ...Read More
Exports from Pakistan
The textile export figures in January 2017 have finally registered an increase. This means that the government’s textile package for exports may be working and perhaps it's now time to further strengthen it. Commentators say that the government should quickly ...Read More
Chengdu, China starts freight train to Belarus
Chengdu city in Southwest China started freight trains to Belarus on 1 March, the first of the city's planned 150 freight trains to countries such as Belarus, Russia and Lithuania this year. The train, which was carrying 41 containers of ...Read More
Tags: China, freight, rail freight, russia
Chile leads fruit exports to China in 2016
Chile became the leading exporter of fresh fruits to China in 2016, overtaking Vietnam and even Thailand, local media reported last week. Chile exported $1.2 billion of fresh fruit, mainly cherries, to China last year, the report said, citing data ...Read More
Swiss Watch Exports Continue Decline
The Swiss watch industry began the year where it left off, with exports falling in January, albeit at a slower pace than in 2016. Export shipments of Swiss timepieces fell 6.2 percent, according to the Federation of the Swiss Watch ...Read More
UK food and drink exports reach record levels
An increase in exports to the USA and China helped global exports of UK food and drink rise to a record-breaking £20bn last year, says Defra. Food and drink exports grew in total by nearly 10% in 2016, according to ...Read More
Turkey’s exports, imports fell in 2016
Turkey's exports fell by 0.9 percent and imports fell by 4.2 percent in 2016 compared with last year, while the foreign trade deficit fell by 11.7 percent helped by low oil prices. The Turkish Statistical Institute (Turkstat) published the foreign ...Read More
Newcastle and Sunderland exports go to the EU
A new report shows that Sunderland is in the top 10 cities in the country to be reliant on the European Union for exports. It is also one of only seven which are heavily reliant on a specific industry for ...Read More
Russia needs new markets for grain exports
Russia needs to find new markets for its grain exports and export to xisting customers more quickly, to ease pressure on the domestic market. There was a record crop of 119 million tonnes in 2016, the SovEcon agriculture consultancy said. ...Read More
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
Freight train arrives Chinese city to London
About 34 containers packed with clothing, bags and millions of pairs of socks completed the 7,456-mile journey to east London on January 18th. During the 18-day trip, the containers were transported from the city of Yiwu in eastern China to ...Read More
Tags: air freight, cargo, China, containers, France, freight, Germany
Cognac exports reach highest level yet
Cognac exports reached their highest ever level in 2016,mainly because of the expansion of the North American Free Trade Agreement (Nafta) zone, according to the Bureau National Interprofessionnel du Cognac (BNIC). AFter a positive 2015, Cognac exports continued to rise ...Read More
Irish food exports to UK slump
There was an 8 percent fall last year in Irish food and drink exports to the United Kingdom, some commentators suggesting that this was caused by uncertainty over Brexit. The UK accounts for about 17 percent of exports from Ireland. ...Read More
New Year Celebrations in China
The build up to Chinese New Year has already started, and can involve business disruption for about two weeks. Companies in China begin winding up for the year on 12 January, as workers head for home and the biggest holiday ...Read More
Good citrus exports end difficult year for Australia
Queensland citrus growers are expanding their planting of export varieties because of good prices for exports, which outperformed domestic markets. Prices for fruit popular in export markets are encouraging compared with the domestic market. A grower said that export prices ...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
China launches freight train to Britain
According to China Railway Corporation, China began operating its first freight train to London on 1 January. The freight train will commence from Yiwu West Railway Station in Zhejiang Province, Eastern China to arrive at Barking, London. It will take ...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
China oil imports from Saudi Arabia rise
In November, crude oil imports from Saudi Arabia jumped nearly 30 percent from the year before. Saudi Arabia has now overtaken Russia to become the largest crude oil exporter to the world's second largest economy. Imports from Saudi Arabia rose ...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
Uncertain outlook for exports to US, China from Germany
German engineers expect low growth in 2017, with an uncertain outlook for exports to the United States and China offsetting a recovery in exports to other markets such as Russia and India. They warned it was unclear what path the ...Read More
China November exports reverse decline
China's November exports rose 0.1 percent on-year, thus reversing October's 7.3 percent decline. Imports to China in November meanwhile grew at the fastest pace since September 2014, rising 6.7 percent from a year ago. Imports into China had fallen 1.4 ...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
Continued decline in machinery exports to Russia
Exports of plastics and rubber machinery to Russia have continued to fall sharply this year, figures issued by a German industry association have revealed. Before the Interplastica exhibition which will happen on 24-27 January 2017 in Moscow, the association put ...Read More
China’s meat imports growing against trend
This year China beat Japan as world's largest pork importer. Contrary to other agricultural imports, which are proving weak in 2016 thus far, China's meat imports are reaching record levels in 2016 because of shortages in local production. Local meat ...Read More
Turkey’s exports in October
The main destination for Turkish exports in October was Germany with $1.308 billion, followed by the U.K. with $1.049 billion, Iraq with $774 million and Italy with $739 million. The overall volume of exports decreased in comparison with the same ...Read More
WWF reveals ‘challenging’ furniture imports to UK
The WWF-UK has revealed that imports from outside the EU are the furniture industry’s biggest challenge when dealing with sourcing timber from legitimate producers. According to its new report ‘Are you sitting comfortably? Sustainable timber sourcing and the UK furniture ...Read More
Chinese firm exports transistor chips to India
The leading locomotive maker in China said last week that it has made its first bulk export of eight-inch transistor chips to India for upgrading the transformers of 100 electric locomotives to make the electric trains more energy-efficient. The state-run ...Read More
Chinese rail freight volumes hit 21-month high
China Railway Corporation (CRC) announced on November 7 that China’s rail freight volume increased for a third successive month in October, to a 21-month high. During the first nine months of the year, volumes fell 4.8% year-on-year, but during October ...Read More
Tags: China, freight, rail freight
US may launch investigation into Chinese steel imports
The Department of Commerce is expected to launch a formal investigation into whether Chinese steel companies are shipping steel through Vietnam to avoid U.S. import tariffs. The decision to investigate, follows a complaint in September from U.S. steelmakers, and is ...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
Taiwan October exports increase
Taiwan's exports rose at their fastest rate in over two years in October, suggesti8ng strong year-end shopping demand for hi-tech goods remains on track. Exports related to microchips and smartphone components rose by double-digit percentages, and a surge in imports ...Read More
China Imports falling
China's imports of iron ore, crude oil, coal and copper all fell in October, after its robust demand drove global prices of many major commodities higher this year. Analysts had expected October exports to have fallen 6 percent from a ...Read More
China exports, imports fall more than expected in October
China's exports and imports fell more than expected in October. Weak domestic and global demand adding to doubts that a pick-up in economic activity in the world's largest trading nation can be sustained. October exports fell 7.3 percent from a ...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
Sweden exports more to Nigeria
Nigeria’s trade exports to Sweden have continued to increase reaching N222.713 billion as at 2015 while exports from Sweden to Nigeria is N74.237 billion according to Swedish Minister for European Union (EU) Affairs and Trade, Mrs. Ann Linde. Speaking to ...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
Bordeaux exports to China ‘at highest level’
Speaking at Hong Kong’s eighth Wine & Dine Festival an industry spokesman also outlined that exports to Hong Kong fell 11% by volume to 74,000 hectolitres of Bordeaux wines but increased by 24% to a value of €278 million, reflecting ...Read More
Concerns rise over declining exports
Latest customs data show South Korea’s exports tumbled by 18.2 percent from a year earlier in the first 10 days of October, making it almost certain that this month will post another sharp decline in outbound shipments. The country’s exports ...Read More
Australia air freight crunch affects exports of fancy foods
An unprecedented shortage of air cargo space, after years of booming exports to Asia, is forcing Australian producers of premium foods to potentially miss out on hundreds of millions of dollars in exports of everything from lobster to cherries. Australia ...Read More
Tags: air freight, Australia, China, exports, exports China, freight
Chinese freight volumes fall 13.7% in 2015
The passenger rail market in China remains stable, but the country’s freight sector is under pressure due to slowing economic growth, intermodal competition, and a crisis in the steel, iron and coal sectors, according to a recent report. China Railway ...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
China adds duty USA Distillers’ Grains Imports
China will impose an anti-subsidy duty on imports of distillers’ dried grains with or without solubles from the U.S.A. The provisional anti-subsidy import duties range from 10 percent to 10.7 percent and will be implemented from Sept. 30. Imports from ...Read More
Study suggests increased exports from LAC to China
A new study by the Inter-American Development Bank has found that exports from Latin America and the Carribean could increase by 10% if China reduces its tariffs by more than 50 per cent. The study also found that manufacturing goods ...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
China has to cut steel exports
China's international commitment to cut its massive steel capacity must result in a reduction in exports, an official from the World Steel Association said, as countries around the world scrutinize Beijing's progress tackling a huge stockpile. The world's biggest steel ...Read More
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
China’s Imports of Soybeans Rebounding in Fourth Quarter
China’s soybean imports are likely to rebound in the fourth quarter, as seasonal demand rises. China’s imports dropped 13 percent from a year earlier in the two months to July to 15.3 million tons. This was caused by demand from ...Read More
China may exempt some US farm exports from Zika rules
U.S. farm exports from regions not affected by the Zika virus may eventually be excluded from China’s new rules requiring mosquito treatments for incoming goods. Currently, however, agricultural exporters have to treat outgoing shipping containers with pesticides to kill the ...Read More
Sales and exports soar for cleaning product firm
A Yorkshire based cleaning products company has recorded what it described as “unprecedented” sales at the end of its financial year, with export sales up by 68 per cent. Demand for the range from overseas, from countries including Norway, China ...Read More
New China-Kazakhstan freight rail route launched
The first freight train service linking northern China's Inner Mongolia Autonomous Region with Kazakhstan launched two weeks ago. The freight train, which was loaded with building materials and other commodities, left Jiuyuan Logistics Park in Baotou City. The 4,332-km trip ...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
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
Hong Kong June exports fall for 14th month
Hong Kong's total exports in June fell for the 14th straight month, dampened by a slowdown in China. Hong Kong's total exports in June fell 1 percent from a year earlier to HK$296.5 billion ($38.2 billion), government data showed last ...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
India leads China in pharma exports
India has maintained its lead over China of pharma exports, according to a statement by the ministry of commerce and industry. The country’s pharma exports rose 7.55%, from 2014 to 2015. China’s pharma exports rose 5.3% from $6.59 billion to ...Read More
Revealed: massive increase in Cambridgeshire exports
There has been a dramatic increase in worldwide exports from Cambridgeshire in the past month. Exports from the county's companies exceeded £47 million in June – almost double the value of the same month the previous year. The annual increase ...Read More
India maintains lead over China in pharma exports in 2015
India maintained its supremacy over China in pharmaceutical exports in 2015 with a growth of 7.55 per cent to $12.54 billion, the commerce ministry has said. "India's pharmaceutical exports continued its lead over China in 2015...India maintains its supremacy over ...Read More
Brazil/Uruguay beef overtakes Australian exports to China
Australia has lost its place as the number one beef exporter to China, because the Chinese are seeking cheaper imports from Brazil and Uruguay. Australian beef exports have dropped overall by 41 per cent in May 2016, compared to the ...Read More
China to stimulate economy as UK exports expected to decline
China’s exports to Britain and Europe will face barriers in the post-Brexit world, impinging on the mainland’s economic growth. A report by investment bank China International Capital Corporation (CICC) suggests the government will stimulate growth as a precaution. China’s export ...Read More
Russian Railways to develop new freight services
Speaking at the China International Transportation and Logistic Expo in Shanghai, JSC Russian Railways President Oleg Belozerov confirmed that the company will develop new freight services on the Europe–China Route. In his speech, delivered at the 'Railway Business at Transit ...Read More
Tags: China, freight, rail freight
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
Tasmania gains new China freight link
A new shipping service will connect Bell Bay with interstate ports and China. Five Great Southern Shipping container vessels will service Bell Bay as of August, with the service calling into Brisbane, Sydney, Melbourne and Fremantle, as well as the ...Read More
Mango exports to start early
Pakistan started mango exports from May 20 this season, aiming to export 100,000 tons which is expected to fetch over $75 million, Pakistan Fruit and Vegetable Exporters, Importers and Merchants Association (PFVA) said. PFVA Chairman Waheed Ahmed said the country ...Read More
Top Chinese steelmaker urges support for exports
China's biggest privately-owned steel producer, said last month that the government should provide steelmakers with more support in their efforts to export products. Foreign steelmakers have been accusing the country's firms of flooding the global market with cheap, subsidized steel ...Read More
India doubles grape exports to Europe
Exports of grapes from India touched an all-time high in 2015-16, with exports to Europe more than doubling compared to that in the previous financial year. At the same time, India became an importer of many other commodities such as ...Read More
Freight train direct China to Lyons
A direct freight train linking Wuhan in central China and Lyons in France began operations on 6th of April. The train, loaded with mechanical, electronic and chemical cargo, exits China through Alataw Pass in Xinjiang, the westernmost Chinese region, and ...Read More
China Announces Measures to Boost fall in Exports
China's Cabinet has approved measures to boost exports. This may increase tensions with Western trading partners, who are accusing Beijing of flooding their markets with steel and other goods at improperly low prices. Beijing is struggling to reduce a glut ...Read More
UK exports to Germany, India and China increase by 7.2% in 2015
The amount by which UK businesses are exporting to Germany, India and China increased by 7.2% in 2015 compared to 2014, according to export data from the government’s Department for Business, Innovation & Skills (DBIS). Germany remained the UK’s biggest ...Read More
Strong demand for German exports
Destatis, the German Statistical Office, noted that the rise in exports during March was attributable to stronger demand in the eurozone and across the European Union in general. By contrast, the value of goods delivered to overseas markets like the ...Read More
Rail freight growth in China slowing
But growth of freight volume transported through the Chongquing - Duisberg rail network, which opened in 2011, is losing steam, along with economic slowdowns in both China and Europe. The volume of Europe-bound freight during the first three months of ...Read More
Shrinking rail freight signals economic problems for China
The trans-Eurasian railway route linking theindustrial metropolis of Chongqing, southwest China, with Duisburg, Germany, has been operating as a key infrastructure component of China's "New Silk Road" trade expansion strategy. But the modern version of the legendary Silk Road trading ...Read More
North American wood pellet exports reach record high
North American overseas pellet exports increased for the third consecutive quarter in the 4Q/15, rising seven percent from the previous quarter. In the 4Q/15, total Canadian pellet overseas exports increased by 17 percent from the previous quarter with exports increasing ...Read More
US Steel launches campaign to stop China imports
U.S. Steel Corp has launched a campaign to prevent imports from China's largest steel producers,the boldest step yet by a U.S. company, as a trade brawl with the world's largest steel producer in China escalates. In a complaint to the ...Read More
Australian citrus exports growing across Asia
Australian citrus exports to Asia are set to grow, as trade missions and changes to export protocols continue to open up key markets in the region. Citrus Australia CEO, Judith Damiani, says two recent trade missions showed there is great ...Read More
China’s ‘teapot’ oil imports may stall on port bottlenecks
Logistical bottlenecks and growing crude inventories will soon force China's independent refiners to cut back on a surge of imports. China's independent oil refiners, known as teapots, were granted licenses to import crude only last year. Frenzied buying of oil ...Read More
China rail freight falls 9 per cent in Q1
China's rail freight volume fell 9.0 percent in the first quarter of 2016 from a year earlier to 791 million tonnes, the country's economic planner said on last week. For March, the amount of cargo moved by rail freight declined ...Read More
Tags: China, freight, rail freight
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
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
China Shipping co negotiates with Greek companies for Athens freight terminal
A Chinese shipping conglomerate is in advanced talks with a Greek real estate developer and logistics provider, about jointly bidding to build and operate a rail freight terminal near Athens, a Greek newspaper reported. Greece has launched a tender for ...Read More
First Chinese export growth in nine months
Healthy growth in Chinese exports helped Asian stock markets make huge gains this week, as trade data revealed that the world’s second largest economy was much more robust than previously believed. Chinese exports rose by 11.5pc in March, compared with ...Read More
China clarifies rules for online imports of infant milk
Infant milk formula imports to China through international websites will need official approval by 2018, the finance ministry said recently. China raised tariffs on online retail imports last Friday, but also published a "positive list" which tightened restrictions on some ...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
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
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
Treasury Wine Estates wants government to boost exports to China
Treasury Wine Estates CEO Michael Clarke says that China's free trade deal with Australia will bring major benefits to the company, and the entire Australian wine industry. But he said a lack of harmonisation between customs officials in Australia and ...Read More
Bulgaria Increases Wine Exports to China, Germany, UK
Bulgaria's wine production industry is working under the conditions of a drop in exports to Russia and a surge to China, Germany, and the UK. The Agriculture minister said that estimates suggested that the output of the wine production industry ...Read More
Shandong Fuji apple exports recover
Recently, China's export volume of apples has risen, especially for the Shandong Fuji apple. At the same time, a price decrease in the domestic market has increased demand. In 2014, Fuji apple prices soared in the autumn. This led directly ...Read More
Rolls-Royce to export 100 MTU engines for freight locomotives
Chinese locomotive manufacturer China Railway Rolling Stock has awarded a contract to Rolls-Royce worth more than €30m to deliver a total of 100 MTU Series 4000 engines. CRRC will equip the 16V 4000 R43 type engines in 100 freight locomotives, ...Read More
Singapore exports to China suffer biggest decline for seven years
China’s slowdown really hit home last month, with Singapore’s shipments to the country taking the biggest hammering in seven years. Non-oil domestic exports (Nodx) to China plunged 25.2 per cent last month over January last year, in the wake of ...Read More
Air freight firms get rebates from Changi
In Singapore the challenging outlook for the global air freight industry has prompted Changi Airport Group to offer about $14 million in rebates for firms in the industry. A one-time rebate for cargo carriers, and firms helping companies organise air ...Read More
Tags: air freight, cargo, China, freight
China Fuel Exports Slump
China’s net oil products exports fell to a seven-month low amid speculation refiners chose to sell more fuel at home after the government stopped cutting domestic prices amid crude oil's crash. Net product exports -- a measure that strips out ...Read More
First freight train from China arrives in Iran
A freight train from China arrived in Tehran on Monday, Iranian and Chinese media reported; the train, carrying 32 freight containers, arrived in Tehran after a 14-day, 10,399 kilometre (6,462 mile) journey from Yiwu city in east China. The train's ...Read More
Asian markets boost exports of Canadian cherries
British Columbia cherry exports are soaring thanks to new access to Asian markets. Sour cherry exports grew 300 per cent between 2014 and 2015, with China as the main trade partner. Exports of fresh sweet cherries — mainly to the ...Read More
Government’s new push to increase farming exports
British farmers must be helped to sell their produce to countries in Asia and America as part of the Government’s new push to increase exports, the farming industry’s union leader said. National Farmers’ Union president Meurig Raymond welcomed the announcement ...Read More
South Korea exports suffer
For a country whose exports account for roughly half of its economic output, 2015 was a difficult year for South Korea, with overseas shipments declining for 12 months in a row. A number of factors contributed to the export downturn, ...Read More
China ‘ s rail freight falls sharply in 2015
China's national rail freight volume, an indicator of economic activity, fell significantly in 2015, official data showed on last week. Railways carried 3.36 billion tons of cargo last year, down 11.9 percent year on year, the National Development and Reform ...Read More
Tags: China, freight, rail freight
Aussie wine exports fuelled by China growth
Rocketing Chinese demand and new free trade agreements in Asia have helped lift the value of Australian wine exports to their highest level since before the global financial crisis. The value of wine exports to China grew by 66 per ...Read More
Great British Food Unit launched to help exporters
A new Great British Food Unit launched on 21 January, with the aim of matching France and Germany for food exports. Environment Secretary Elizabeth Truss said the unit would support exporters and industry to help meet the target of increasing ...Read More
Australian wine exports value surges to $2.1 billion
The value of Australian wine exports has surged 14 per cent to $2.1 billion in 2015, the highest value since late 2007. The annual export report by the statutory authority Wine Australia tracks Australian wine exports globally. The latest report ...Read More
Chinese cotton imports fall
Chinese cotton imports in December were down 29% year on year, as demand from the world's largest cotton consumer remains low. The Chinese trade website Cncotton.com said the country's imports stood at 188,200 tonnes in December. And concerns are growing ...Read More
Australia’s exports of infant milk affected by China economy
Exports of one of Australia's hottest-selling products, infant formula, has been caught up in the market woes about the health of China's economy. Shares in some of Australia's most-popular infant formula brands have plummeted. One dairy executive said that despite ...Read More
Zimbabwe to ‘increase wildlife exports to China’
Zimbabwe is to increase the export of wildlife, including elephants, to China, says the environment minister. She is quoted as saying that the move will reduce the chances of elephants dying because of drought. Critics have previously condemned the exports ...Read More
China rail freight volumes post largest annual decline
China's rail freight volumes fell 10.5 pct in 2015, which is likely to add to concerns over China's economic growth rate. China needs growth to hit its 2020 rail freight volume goal. China's national rail freight volumes declined by a ...Read More
Swiss Watch Exports Fall in November on Steep Hong Kong Decline
Swiss watch exports fell in November, led by a 28 percent decline in shipments to Hong Kong, the industry’s largest market. Export shipments slid 5.6 percent to 1.95 billion Swiss francs ($1.96 billion), according to figures released Tuesday by the ...Read More
Tags: China, exports, Switzerland
Singapore’s exports dip 3.3% in November
Exports of electronic products from Singapore grew by 0.7 per cent on a year-on-year basis in November in contrast to the 3.2 per cent decrease in the previous month. The growth was largely due to telecommunications equipment (41.4 per cent), ...Read More
China increases commodity exports
China's refineries shipped a record amount of fuel products, aluminum processors sold their second-highest tonnage of product and steelmakers increased exports by 22 percent to 102 million tonnes in the January-November period, setting a new record, according to preliminary customs ...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
UK output eases but exports up
A recent report said that while UK manufacturing levels are slowing, exports are lifting slightly. The report added that export levels rose for the third consecutive month, boosted by new business from the USA, Germany, Sweden, Turkey, the Middle East, ...Read More
Forecast increase in US exports to China
The US Department of Agriculture forecasts a considerable increase in China's imports of coarse grains, soybeans, cotton, beef, and pork by 2024. Furthermore, growth in U.S. exports of horticultural goods, dairy, and alcoholic beverages to China bode well for future ...Read More
US agricultural exports to China increase
Over the past decade, the U.S. agricultural exports to China have risen sharply, propelling China into its position as the fastest-growing and highest-value export destination for U.S.A farm and food products. In 2011, China surpassed Canada to become the top ...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
UK exports through Heathrow
U.K. exports to China via London's Heathrow Airport more than doubled in the year to July, which emphasises the importance of the world's second-biggest economy in global trade, despite its slowdown. Over £7 billion worth of British exports traveled to ...Read More
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
China to welcome back pork imports from USA
China, the global leader in pork consumption, will resume pork imports from 14 U.S.A plants and warehouses, after banning the imports due to the use of a prohibited feed additive. "China's decision will 'mean a significant boost in sales for ...Read More
Asia’s love for Australian wine fuels export boom
As the world’s palate for fine wines evolves, Australia’s local export market is reaping the benefits. This year, Australia’s wine export value is experiencing its strongest growth in eight years. This follows Treasury Wine’s $750 million acquisition of Diageo Wine’s ...Read More
China rail freight continues to decline
China's railway freight volume, a key indicator of economic activity, dropped in the first three quarters of 2015, the country's top economic planner said last week. The railways transported 2.53 billion tons of cargo from January to September, down 11.4 ...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
China bans African ivory imports for a year
Chinese authorities have announced a one-year ban on imports of African ivory acquired as hunting trophies in the country’s latest effort to fight wildlife poaching and trafficking. In a statement on its website, the State Forestry Administration (SFA) said it ...Read More
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
China beef exports faltering
Australia will sell less beef to China next year but more to Japan and South Korea, where free trade agreements are already in place, according to new export projections. The forecast that beef and veal exports to China will fall ...Read More
China’s August exports fell by 5.5%
China's exports in August fell by 5.5% in US dollar terms, compared to expectations for a 6% fall year-on-year. Imports for the month fell by 13.8% in dollar terms, in comparison with forecasts for a decrease of 8.2%. Dollar-denominated exports ...Read More
Asian imports of Iran oil fall slightly in July
Asian imports of Iranian oil fell slightly from a year ago in July, after a landmark agreement on Tehran's disputed nuclear programme that may pave the way for an increase in crude exports as early as next year. Imports by ...Read More
Northern Ireland exports feel chill from China
Exporters in Northern Ireland expressed concern that other markets will be caught up in China's problems. PwC chief economist Esmond Birnie said that Chinese sales were probably around £90m out of total manufacturing exports of about £6bn ever year. Jonathan ...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
Sauvignon Blanc dominates NZ Exports
Sauvignon Blanc continues to dominate the export picture, accounting for 86.5% of international export volumes. Bulk wine exports are rising fast – up 34% over the year, compared to a 2% increase for bottled wines. Beyond New Zealand’s big three ...Read More
Japan exports stumble on China slowdown
Exports from Japan slowed in July, official data showed last week, adding to concerns about the fragile recovery in the world's number three economy as demand falls in neighbouring giant China. While the value of Japan's exports rose 7.6 percent ...Read More
Tianjin blast increases air freight demand
Intra-Asia supply chains are beginning to face disruption,following last week’s blasts at the port of Tianjin. Many companies are turning to air freight, in spite of its higher cost, in order to be able to move their freight out of ...Read More
China leads wine export growth
Wine Australia will be working hard to improve producer access to the United States, as exports continue to slide in the industry's most valuable market. The Wine Australia export report for the 12-months to June this year shows that exports ...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
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
India onion exports fall
Onions from India have gained fame worldwide for their pungency and good quality. In the last five years, however, erratic weather and shifting policies on export have left the country behind others. Countries such as China and Pakistan are fast ...Read More
Wine imports expected to surge in China
China's imports of wine are expected to increase sharply this year, after a free trade agreement was signed with Australia on June 17. Under this, tariffs on Australian wine exports to China will be reduced to zero within five years, ...Read More
China cargo carriers merge to form huge freight company
The three largest airline cargo carriers in China will merge to form Asia's largest freight transport company, according to a senior official at the Civil Aviation Administration of China. The three merging companies are Air China Cargo, China Cargo Airlines ...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
South Australia expects to grow China exports
South Australian businesses have the potential to create jobs and double in size by embracing exports to China, said Australian Trade Minister. The minister is about to lead the state's largest trade mission to China, which is South Australia's biggest ...Read More
E-commerce site to slash price of wine imports
A major e-commerce platform is slashing prices of wine imports to China by offering direct sales to retailers, according to media reports. Using a business to business (B2B) model, the company is connecting exporters in Spain to retailers in China. ...Read More
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
Ontario Expands Wine Exports to China
Ontario exports of the province's wine into China are significantly expanding due to two important agreements that will bring millions in investment. As part of the 2015 Agri-Food Trade Mission to China, Ministers Jeff Leal and Michael Chan participated in ...Read More
Scottish salmon exports ‘reach £500m for first time’
Figures released last week show that exports of Scottish salmon grew by £50 million last year, reaching £500 million for the first time ever. This announcement comes as Scotland’s salmon farmers head for the Seafood Global Expo, the world’s largest ...Read More
Coal imports to China fall nearly half in 12 months
Imports of coal to China fell by nearly half in the first three months of the year as the slowing economy and tougher rules on pollution took their toll. Imports by the world’s biggest coal consumer reached 49.07m tonnes in ...Read More
Sweden exports bread to France
Sweden has a long tradition of making products such as milk, margarine, bread, coffee and buns and Spirits are the crown jewel of the export industry of Sweden. France and the US are the current core customers outside of Scandinavia, ...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
Facilities improving for live animal exports
Calgary airport has set up a live animal facility with 28 000 sq ft of warehouse and a 14 000 sq ft of loading area. The system has been designed to make handling of animal exports more humane and quicker. ...Read More
Tags: air freight, China, exporters, exports
China air cargo forecast bleak
Chinese imports and exports account for 30 per ken of the global air freight market; it is the second largest exporter of high tech and fashion goods in the world. It is believed that 375000 shippers in China use air ...Read More
Tags: air freight, cargo, China
Air freight symposium in Shanghai
In the IATA symposium held in Shanghai last month, the president of China Eastern warned of the need for the air freight industry to modernise its systems. Shanghai airport is the third largest airport in the world for air cargo, ...Read More
Tags: air freight, China, freight
Cotton exports to fall as China curbs buying
Cotton exports from India, the world's second-biggest producer and seller, are expected to fall 41 percent to 7 million bales this crop year, ending on Sept. 30 as top importer China curbs purchases, the Textile Commissioner of India said. Last ...Read More
Dutch exports boost on downtrodden euro
Dutch exports have been boosted by the low rate of the euro and the sharp fall in oil prices. The top three most important export markets for the Netherlands are the United States, Canada and Turkey. This is the first ...Read More
Japan trade gap narrows on lower oil prices
Japan's trade deficit narrowed in February, due to a plunge in import costs due to lower crude oil prices. The Finance Ministry said two weeks ago that the trade deficit fell 47 percent from a year earlier to 424.6 billion ...Read More
LEDs brighten Taiwan exports
While exports of Taiwan-made bicycles took a minor dip in 2014, exports of LED cycling lights registered a 41 percent increase as cyclists paid more attention to their safety, according to government data released at the opening of Taipei Cycle ...Read More
Government invests to boost exports
The increase in funding for UKTI in China will help companies tap into the fast-growing Chinese economy, which is expanding at a rate of more than £600bn a year as the country's domestic consumption booms. The extra money will be ...Read More
Budget 2015: Incentives to export
Following last year’s announcement to double export lending to £3bn, the government pledged a continued commitment to improving economic ties in emerging markets in the 2015 Budget. George Osborne revealed plans to nearly double funding for UK Trade and Investment ...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
US exports at risk from avian flu
A case of bird flu confirmed last week in the heart of America's poultry region, is certain to mean more export restrictions, increasing U.S. supply and forcing the world's biggest poultry companies to trim prices. The USA Poultry & Egg ...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
Chinese freight train carries Christmas toys and olive oil
A freight train from China’s eastern province of Zhejiang finished its maiden journey to Madrid and back, establishing the world’s longest rail link. China has dubbed the route the “21st-century Silk Road.” After a 24-day journey, 64 freight containers bearing ...Read More
Tags: China, freight, rail freight, russia
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
Fruit exports halved
Citrus and fruit growers in California complain that ongoing port congestion on the US West Coast, saying it was costing them US$3m a week during the peak export period. One company complained of shipping half of its usual 350 containers. ...Read More
China food exports to grow
China’s fruit and vegetable exports will continue to grow globally, according to studies done in Australia. China is moving away from low value added manufacturing to high value added sectors. although they are labour intensive, fruit exports have a high ...Read More
Car exports to China up
Car exports from the UK to China have increased seven-fold since 2009, according to figures released last week by a British industry body. The export growth has been driven by a demand for luxury brands such as Rolls-Royce and Jaguar. ...Read More
China’s exports weaker than expected
Surprisingly weak trade data shows that the world's second largest economy, China, may be faltering. Figures released on Sunday showed exports were up 3.3% in January from a year ago, while imports tumbled 19.9%, far worse than analysts' expectations.
Indian Government prepares China export strategy
Concerned about the widening trade deficit with China which is expected to surpass $40 billion this financial year, the Commerce ministry of India is preparing an export strategy identifying specific products to boost outbound shipments to the neighbouring country. "The ...Read More
Finnish facility approved for export to China
A pork slaughtering facility in Forssa, Finland, has been approved for export to China. This is viewed as a major achievement in the company's strategy to expand its international sales. The company is also keen to export other meat products, ...Read More
China December exports rise
Exports from China exports rebounded in December, but imports shrank in a sign of weak domestic demand. Total trade in 2014 grew just 3.4 percent, well below the official 10 percent target. Exports rose 9.7 percent in December to $227.5 ...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
India Asks For Protection Against Cheap China Imports
Indian industries are seeking a limit on imports from China and a string of other measures to give local manufacturers a chance against a tidal wave of cheap Chinese imports. Industry players also urged a policy on import substitution, the ...Read More
Biggest container ship – for now
Local shipping journalist at the port of Felixstowe said on Wednesday that the CSCL Globe will be the biggest ship in the world for only a short time. "In about eight or 10 weeks there will be a bigger ship ...Read More
Largest Container Ship at Felixstowe
The world's largest container ship has arrived in the UK for the first time at Felixstowe. The Hong Kong-registered CSCL Globe, measuring more than 400m (1,313ft) in length, docked at the Suffolk port loaded with about 19,000 standard containers. The ...Read More
Tags: China, containers
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
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
First freight train from China arrives in Spain
The first direct freight train to connect China and Spain reached Madrid on Tuesday 9 December after a journey of around 13,000 kilometers that began 21 days previously in the Chinese city of Yiwu, on the east coast. It is ...Read More
Tags: China, freight, rail freight
Air cargo optimism
The International Air Transport Association's five year forecast predicts reasonable future air cargo growth. They suggest that international freight volumes a expected to increase as a compound annual growth rate of 4.1 per cent over the next five years. The ...Read More
Tags: air freight, China
China to Europe rail freight services expand
China is seeing a growing number of rail freight services to Europe, in spite of lack of profitability on the the services. Efforts are being made to integrate these services with different cities to reduce high costs. Costs are higher ...Read More
Tags: China, freight, rail freight
Small Airports restrict export growth
Although the West Midlands has been increasing its exports significantly, Birmingham airport was until recently a limiting factor. The runways were simply too short to enable take-off for jumbo jets, so the second largest city in the UK did not ...Read More
West Midlands export success
Exports from the West Midlands are on the increase, having grown by over 100% in the past five years, according to figures from HMRC. While growth in exports from all other English regions have slowed down this year, growth in ...Read More
Freight Aircraft to aid of West Africa
There is a large backlog of freight exports from China, as shippers re-direct freight from ocean shipping to air. One of the major factors is that some Chinese airlines are switching more than 20 freighter aircraft to transport relief medical ...Read More
Freight piles up in China as exporters switch from sea
In circumstances reminiscent of the 2009 air freight peak, freight forwarders in Asia are reporting an air cargo backlog in Hong Kong and Shenzhen, which is showing no signs of easing. Although more than 15 air freight charters have been ...Read More
Tags: China, freight, freight forwarders
Imports of illegal timber fall
Five major timber importing countries have made progress in cutting contraband wood from their markets since 2010, argues a series of reports published by Chatham House. The analysis — covering Britain, France, Japan, the Netherlands, and the US — is ...Read More
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
Pact With China facilitates Australian Exports
China and Australia have sealed a trade agreement that significantly expands ties between Asia’s largest economy and one of Washington’s closest allies in the region. Separately, China said that it was giving Australia more access to its capital markets and ...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
China exports may be weaker
The China Import and Export Fair, held in Guangzhou has just finished, with a slight decrease in forward orders compared with the last event. Popularly known as the Canton Fair, it generated 179.2 billion yuan ($29.30 billion) in export orders, ...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
Hong Kong record Australian wine imports
Hong Kong was one of the best performing export markets for Australia in the year ending September 2014 according to the latest Wine Export Approval Report September 2014. Singapore, Malaysia and Taiwan were among the strong Asian performers with Hong ...Read More
Heathrow calls for expansion as freight grows
The chief executive of Heathrow has re-iterated calls to expand the airport;its freight business grew rapidly last month. and Heathrow now handles a quarter of all UK exports by value. According to Heathrow's CEO, cargo traffic was up 7.8 per ...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
Musketeers and Mr Selfridge drive exports
'The Musketeers' and 'Mr Selfridge' have helped cause a 5% rise in British TV exports, a new report has revealed. The findings by Pact, which represents independent television producers, show that international sales in 2013/14 of £1.28 billion, up from ...Read More
China Railways faster freight service
China Railway Corporation has launched faster freight service amid a reform to cut logistics costs in the country, it was reported earlier this week. All of the existing 4,200 transportation centers of CRC will form a nationwide network offering faster ...Read More
Tags: China, freight, rail freight
Mystery of North Korean exports to China
It is believed that millions of North Koreans are suffer from malnutrition, but Pyongyang has reportedly increased rice exports to its powerful neighbour by more than a third this year. It emerged last week that the isolationist state may be ...Read More
Swiss Watch Exports Remain Flat in August
Watch exports from Switzerland remained flat year on year at $1.569 billion (CHF 1.493 billion) in August, according to the Federation of the Swiss Watch Industry. The federation noted that August is one of the weakest months of the year ...Read More
Apparel exports from India expected to increase
India's cotton and apparel exports are expected to climb by around 10 percent this year as higher wages, political instability and concerns about workplace conditions in other markets lead international buyers toward Indian exporters, industry officials said. The rise in ...Read More
USA top nation for Australian beef
The US also can't get enough of meat farmed in Victoria state, with the country remaining the top export nation for the state's beef ($266 million). Japan remains the third-highest meat importer. "A significant fall in the value of the ...Read More
Record meat exports for state of Victoria
The growing appetite for beef and lamb farmed in Victoria, Australia in both China and the USA has helped drive the value of the state's food and farm exports into another record-breaking year. Victoria's total food and fibre exports reached ...Read More
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
Exports of French Wine and Spirits Drop
Exports of wine and spirits from France dropped sharply in the first half of the year, hit by a dramatic slowdown of demand for luxury drinks in China. Exports of wines and spirits—one of France's top 10 exports—fell 7.3% to ...Read More
China exports up but imports shrink again
Exports from China grew more than forecast in August while imports shrank unexpectedly for the second month in a row, a reminder of the fragile recovery in the world's No. 2 economy, customs data showed on Monday. Exports rose 9.4 ...Read More
Germany to China freight train quicker than sea freight
A new train service from Hamburg to Zhengzhou is about 20 days faster than sea freight. Claimed to be the first ever, the freight train service runs from Hamburg to the central Chinese city of Zhengzhou. The train, with a ...Read More
Tags: China, freight forwarders, Germany, Seafreight
China considering high-speed freight trains
China is considering high-speed freight trains, to meet growing demand for faster shipping in the world's biggest e-commerce market. China Railway is setting its sights on two different types of freight trains – super fast trains with a speed of ...Read More
Boost China exports with premium goods
A Shanghai based economist has advised New Zealand exporters struggling to meet Chinese demand for commodities such as milk powder, logs and lamb flaps, to try marketing more premium products to an increasingly worldly, wealthy Chinese consumer. "Given the importance ...Read More
Washington State exports up in 2013
Washington clocked in $81.6 billion in exports in 2013, compared with $75.7 billion in 2012. The nearly 8 percent gain is healthy, but less than the 16.8 percent gain shown from 2011 to 2012. In addition to distortions such as ...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
Nepal Pashmina exports rebound
Nepali pashmina exports are doing well again in the international market despite facing stiff competition from other countries, said traders. Manufacturers had been trying to boost business and come out of an extended slump by creating new design ranges, and ...Read More
Nepal concentrates on quality exports
According to the Nepali pashmina industry, shawls, stoles and scarves in natural, multi-colour and artistic designs are the most popular Nepali products among importers. The country’s industry had plunged into a prolonged downturn after some traders began shipping poor quality ...Read More
Railway freight in China declines
Railway freight volume in China fell last month, according to China Railway Corp data released on Tuesday. The June total was 308.43 million metric tons, a 3.1 percent decrease from May and a 1.4 percent decline from the same period ...Read More
Export Sector joins Irish recovery
"The trade data for May provides further evidence that the export sector is joining in the Irish economic recovery and will contribute to GDP growth in 2014," according to analyst Conall MacCoille. Preliminary figures for May from the Central Statistics ...Read More
Drop-off in Wine Exports to China
Australia's top five export destinations held their places in the last financial year, with the United Kingdom remaining in the top spot. Record grape harvests in the United States have seen demand for wine imports drop significantly, reflected in the ...Read More
China Exports Rise and Imports Bounce back
Exports from China were lower than estimates in June, which suggests that support for growth from global demand will be limited as China's leaders try to defend their economic expansion goal of about 7.5 percent this year. Exports gained 7.2 ...Read More
Air Freight Good News
A four times weekly air freight service from Hong Kong to Paris to meet demand from French importers has been announced by a leading freight forwarding company. American Airlines and US Airways Cargo have produced May tonnage figures showing a ...Read More
Tags: China, France, freight, freight forwarding, Hong Kong
China’s exports to continue improvement
Export activity from China may maintain a steady rebound in the coming months, as the country is faced with several favorable factors, an official said on Tuesday. Shen Danyang, spokesman for the Ministry of Commerce (MOC), told the press that ...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
Exports soar for rice fields of Italy
Italy is Europe's top rice producer. Exports are growing thanks to small-scale farmers growing premium rice varieties which are popular with health conscious connoisseurs. "It's considered a chic product for people who have money," said Sandro Guerrini, who farms 80 ...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
China freight volumes continue to rise
China’s total volume of freight transport rose in the first four months of 2014, but at a slower pace amid an economic slowdown, new data showed last Saturday. The volume of freight transport by road stood at 11.5 billion tonnes ...Read More
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
Australian Exports To China Top $100 Billion
Last week the Australian Bureau of Statistics released figures showing that the $6.881 billion in services exports which Australia made to China, tipped total Australian exports over $100 billion for the first time in history. This shows that the bulk ...Read More
China approves Irish dairy exports
Ireland’s dairy sector had reason to celebrate after it was one of the countries to pass an audit by the Chinese authorities, which means that Irish plants have been found to meet fully the standards of China’s new food safety ...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
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
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
Hong Kong shark fin imports fall 35 per cent
Exports of shark fins from Hong Kong to the mainland plummeted by 90 per cent last year, an environmental group has revealed, amid a crackdown on corruption and lavish living in China. While the amount of shark fin imports to ...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
Exports revive flat Champagne sales
Export demand is likely to drive Champagne sales over the coming decade as any consumption growth in France lags behind that in newer markets overseas, including Asia, the French region's trade association says. Mainland China and Hong Kong, while outside ...Read More
Indian Yarn exports to China fall on pricing policy
Indian yarn exports have come under pressure as China has slowed down yarn imports from the country. China is also offering a lower price for Indian yarn because the rupee has strengthened against the dollar. The Chinese price for Indian ...Read More
Scottish salmon improves UK food exports
Salmon exports from Scotland helped to increase Britain's export sales by 5pc last year. Exports of the Scottish fish to the USA rose by £43m to hit £199m, while sales to China almost doubled from £23m to £50m. “These impressive ...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
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
Shipping Container Stuffed with drugs
Early in February, an estimated $180 million worth of crystal methamphetamine was discovered in a shipping container in Sydney. The drugs were found in kayaks which were being transported inside the shipping container from China. Customs officials x-rayed the 27 ...Read More
Tags: China, containers, shipping
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
Record Buffalo meat exports from India to China
Though China has yet to formally open its doors to buffalo meat exports from India, a threefold rise (in dollar terms) in exports routed through Vietnam has lifted traders. China has, in principle, decided to allow direct imports, but the ...Read More
China Railway Corp freight rise expected
China Railway Corporation (CRC) is expected to raise freight rates early this year in order to relieve its massive debt burden and speed up market-oriented reform in the industry, in which it has the monopoly. Such a move may further ...Read More
Tags: China, freight, rail freight, Seafreight
Shenzhen luring container shipping from Hong Kong
Port authorities in Shenzhen are working aggressively to persuade foreign carriers to omit Hong Kong as a transit hub and do business directly with them. Shenzhen is well-placed to surpass Hong Kong as the world's third busiest container port this ...Read More
Tags: China, container, containers, shipping
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