imports News

New duty procedure for UK imports

After 1 October UK importers will need to use the CDS dashboard to manage payments to HMRC for Duty Deferment Accounts (DDA). If you import goods into t...
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Posted on August 5, 2022

Under-invoiced Imports depress India prices

Exporters and traders of walnuts from Jammu and Kashmir, India's major walnut growing region, have claimed that imports of the premium nut, particularly fr...
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Posted on August 1, 2022

Imports, foreign labels popular in China

People in China are seeking more high-end consumer goods. Their spending on both imports and foreign brands continues to be a key driver for inc reased con...
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Posted on July 29, 2022

India Pharma, tea, coffee exports affected by war

The Ukraine-Russia conflict has affected exports of Indian pharmaceuticals, tea, coffee and marine products, but bilateral trade with Russia has improved. ...
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Posted on July 28, 2022

Russia reassures Egypt on wheat exports

Last week Russia and Ukraine reached an agreement allowing safe passage for Ukrainian ships to export wheat internationally. The deal was brokered by Turke...
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Posted on July 26, 2022

Long-term Australasian freight rates record high

THERE has been a huge increase in the cost of long-term ocean freight rates into Australasia over the past year, according to recent data from a market int...
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Posted on July 25, 2022

New Customs system for exports and imports

The new CDS Customs System in the UK starts for imports on 1 October 2022, and for exports on 1 April 2023.You need to register for imports and/or exports ...
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Posted on July 20, 2022

Nepal continues import bans

The government of Nepal has continued the restriction on the imports of 10 goods, which are considered luxury, for another one and a half months, as the c...
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Posted on July 19, 2022

China exports rise

Yuan-denominated exports from China in the first half of this year increased 13.2% from a year earlier. Imports rose 4.8% from a year earlier, according t...
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Posted on July 13, 2022

Fish exports to UK increase six-fold

Vietnam’s tra fish exports increased by 83.2% in the first half of this year. Seafood exports were expected to realise nearly 5.8 billion USD for Vietna...
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Posted on July 12, 2022

UK to introduce new sanctions on Belarus

Britain said it would introduce new economic, trade and transport sanctions on Belarus because of the country’s support for Russia’s invasion of Ukrain...
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Posted on July 8, 2022

Germany shows 1st export deficit in over 30 years

New figures show that Germany recorded its first monthly trade deficit since 1991 in May, mainly because of higher import prices. The Federal Statistic...
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Posted on July 6, 2022

New Customs Clearance system for exports and imports

UKHMRC are implementing a new Customs Clearance system, starting later this year, called CDS. This will replace the current CHIEF system, so all importers...
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Posted on July 5, 2022

Why does Africa need to import grain?

The continent has vast amounts of arable lands, but depends on imports of grain to feed itself. Africans produce food, but not for themselves. A major ...
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Posted on July 1, 2022

Bangladesh tries to import wheat from Russia

Bangladesh is trying to import wheat supplies from Russiaafter the biggest supplier India banned exports of the grain last month. The supply deal with Ru...
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Posted on June 28, 2022

Lithuania bans rail freight from Russia

Panic buying spread throughout the Kaliningrad region in Russia, caused byy neighboring Lithuania on Saturday threatening to isolate the city in Russia. ...
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Posted on June 27, 2022

Australia wine exports to China

Australia’s wine industry body 'Wine Australia' will be closing its only physical office in China as expors to China fall because of Beijing’s prohibit...
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Posted on June 24, 2022

Japanese imports car thefts

Car theft in Ireland is at a seven year high;thieves are particularly targeting specific types of Japanese car imports. Certain specific makes and model...
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Posted on June 23, 2022

Canada imports of Australian barley a rarity

CANADA is importing about 100,000 tonnes of Australian barley this year to compensate for deficits left by last year’s drought. There could be more to fo...
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Posted on June 22, 2022

Fruit imports to USA

The value of U.S. imports of fruit increased by 17% in the year ending April, compared with the same period a year ago. The USDA said that U.S. imports ...
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Posted on June 21, 2022

Finland halved Russian imports

Imports from Russia to Finland nearly halved from the previous month in April, nevertheless they added more than half a billion euros to Russia's economy. ...
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Posted on June 17, 2022

US bike imports up 52% in Q1

The U.S. imported 4.7 million bikes in the first quarter this year; in dollar value, that's an increase of 52% over the first quarter last year and 143% ov...
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Posted on June 15, 2022

China restricts imports from Japan

China is continuing to restrict imports of Japanese foods, including a total ban on fruit and vegetables. China introduced the curbs following the 2011...
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Posted on June 14, 2022

China Banana imports near record highs

Recently the domestic banana planting area in China has been continuously reduced; this has led to a continuous increase in banana imports, and further squ...
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Posted on June 10, 2022

Fears that Carbon Tax increase Freight costs

A new Carbon Tax is being discussed this week at the Marine Environment Protection Committee (MEPC) meeting of the IMO. The tax may raise freight costs to ...
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Posted on June 6, 2022

China efforts to support import/export trade

China is making efforts to stabilize and upgrade foreign trade. Latest data showed feeble April growth of only 0.1 percent in the total exports and impo...
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Posted on June 3, 2022

Canadian and Dutch imports replace British post Brexit

Ireland has replaced food, steel and fertiliser imports previously supplied by Britian with imports from other countries. There was a 36pc drop in British...
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Posted on May 27, 2022

Cyprus exports soar in Jan-Feb

Exports of Cypriot goods to European Union member-states and third countries in January-February 2022 increased by 55.2%, compared with the same period las...
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Posted on May 26, 2022

Goods imports to UK recovery

Goods imports continued to recover in March with a 9.9% rise in imports from outside the EU, and an 8.6% increase in those from the EU. In general, export...
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Posted on May 19, 2022

East Africa Imports delay

East African countries are expected to experience more importdelays following new Covid-19 cases in China, and the invasion of Ukraine by Russia. Authorit...
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Posted on May 13, 2022

China exports and imports suffer

Exports from and imports to China struggled last month as worsening Covid outbreaks reduced demand, undermined production and disrupted logistics. Expor...
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Posted on May 12, 2022

Africa proposes higher import taxes

The East African Community is discussing the possibility of inceasing taxes on imports. The maximum Common External Tariff import rate has been 25 perce...
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Posted on May 10, 2022

Sri Lanka: lowest tea exports in 23 years

Tea exports from Sri Lanka have dropped to their lowest level in 23 years. Tea is the biggest export commodity, realizing about US$1.3 billion annually be...
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Posted on May 8, 2022

Senators ask ocean carriers to increase agricultural exports

California Senators Dianne Feinstein and Alex Padilla urged ocean carriers to accept more US agricultural exports. The US import market is increasing signi...
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Posted on May 6, 2022

Indonesia bans exports of palm oil

Indonesia has banned exports of its palm oil due to a severe shortage. Analysts think the curb on export shipments is likely to be short-lived and will be ...
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Posted on May 4, 2022

UK delays food checks on EU imports

The U.K. will postpone checks on food and fresh product imports from the EU until the end of 2023. The government has announced amendments to the post Bre...
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Posted on April 29, 2022

Finland restricts Russian power imports

The electricity grid operator of Finland, Fingrid, has reduced its electricity imports from Russia to try and secure Finland’s power system. The decid...
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Posted on April 26, 2022

UK imposing 35% import tariffs on Russia

The UK Government has imposed increased tariffs on imports of rubber products from Russia and Belarus. Rubber products are on the list of items on which...
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Posted on April 22, 2022

Container market share at Gothenburg

Container transport in Sweden is increasingly concentrated to the Nordic region’s largest port. The Port of Gothenburg’s market share of container frei...
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Posted on April 21, 2022

Fall in imports to China

China has experienced its first monthly fall of imports in one and a half years. The government may fear that hardline zero-Covid strategy could threaten t...
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Posted on April 19, 2022

Japan approves bill raising import duties for Russia

The lower house of Japan has approved draft amendments to the country’s customs legislation depriving Russia of the most-favoured-nation status. This imp...
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Posted on April 13, 2022

US Trade Officials investigate Solar Imports

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

U K To Lift Import Tariffs On American Whiskey Exports

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

USA eases some tariffs on exports from UK and China

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

Rwanda seeks alternative to Russian wheat imports

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

Israel lifts tariffs on meat imports

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

China approves wheat imports from Russia

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

Five largest Russian exports to USA

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

Rising food imports into USA

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

India worried about exports to Ukraine

The government in India is worried about the impact on its exports because of the Russia-Ukraine crisis. The finance minister asked for industry feedbac...
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Posted on February 28, 2022
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