Russia’s Crop Failure May Lead to Reduced Grain Exports, Impacting Indonesia’s Wheat Supplies
A potential crop failure in Russia could lead the country to narrow its grain exports, including shipments to Indonesia, a major importer of Russian wheat. Russia’s wheat production is expected…
US Steel Imports from China Plunge 23% YoY in April Amid Broader
US steel imports from China have seen a significant decline, with a 23% year-over-year (YoY) drop in April. This trend is part of a broader pattern of reduced steel imports…
Global Halloysite Market Projected to Reach New Heights in 2024 with Key Players I-Minerals and Northstar Clay Mines LLC
The global halloysite market is expected to see significant growth in 2024, driven by increasing demand from various industries such as ceramics, cement, and agriculture. Key players in the market…
Indonesia’s Ornamental Fish Export Rises to Second Place Globally
Indonesia’s ornamental fish export has been gaining momentum, with the country ranking second highest after Japan in terms of ornamental fish exports. This significant achievement is a testament to the…
Nigeria: Ban on Cooking Gas Exportation Leads to Crash in Domestic Prices
ICYMI: The Federal Government’s ban on the export of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, has led to a significant crash in domestic prices. According to Nigerian…
CBN Reports 62% Drop in Credit for Importation of Goods in Q1 2024
According to the Central Bank of Nigeria (CBN), credit for the importation of goods dropped by 62% in the first quarter of 2024 compared to the same period in 2023.…
Namibia Keeps Borders Open for Washed Potato Imports to Meet Domestic Demand
Namibia has announced that its borders will remain open for the importation of washed potatoes, despite closing its borders to 11 other fresh produce items in June 2023. According to…
Kenya’s Manufacturing Industry Hit Hard by Surge of Cheap Imports
The manufacturing industry in Kenya has been significantly impacted by the surge of cheap imports. The construction sector, in particular, has faced a significant setback due to the influx of…
Naira Volatility Drives Boom in Locally Used Cars in Nigeria
The Nigerian market has witnessed a significant surge in the demand for locally used cars, driven by the volatile state of the naira. The currency’s devaluation, which has weakened by…
China and Japan Express Concerns Over India’s Restrictions on Imported PCs and Notebooks
China and Japan have raised concerns over India’s restrictions on imported PCs and notebooks. The restrictions aim to reduce India’s dependence on China, which supplies the majority of India’s imported…