Kenyans to Pay Levy on Food Crop Exports and Imports from July 1, 2024
Kenyans exporting and importing food crops will start paying a new levy from July 1, 2024. The Agriculture and Food Authority (AFA) announced the timeline for the imposition of the…
Rhode Island Targets Last 30 Owners of Legally Imported Kei Cars, Citing Safety Concerns
Rhode Island is demanding that the last 30 owners of legally imported Kei cars turn in their registrations, citing safety concerns. The state claims that these vehicles, which were never…
KAM Chair Warns Finance Bill 2024 Will Make Imported Goods Cheaper Than Local Manufacturing
The Kenya Association of Manufacturers (KAM) Chairperson, Antony Mwangi, has expressed concerns that the 2024 Finance Bill will make imported goods cheaper than locally manufactured ones. Mwangi argued that the…
Spanish Olive Oil Sector Seeks to Expand Exports to China Amid Growing Demand
The Spanish olive oil sector is actively working to develop exports to China, a market with significant growth potential. Spain’s Olive Oil Interprofessional, which represents the interests of Spanish olive…
India’s Domestic Vegetable Oil Production Forecast to Grow 10-15% in 2024
India’s domestic vegetable oil production is projected to grow at a compound annual growth rate (CAGR) of 10-15% in 2024, according to industry experts. This growth is expected to be…
U.S. Imposes Avian Influenza Import Ban from Victoria Amid Outbreak
The United States has imposed a ban on imports of poultry products from Victoria, Australia, due to an outbreak of highly pathogenic avian influenza (H7N3). The ban, which took effect…
Other Countries May Follow Suit After Biden’s Latest Tariffs on Chinese Imports
Other countries may follow suit after US President Joe Biden’s latest tariff on Chinese imports. The move, seen as a protectionist measure to reduce the trade imbalance, has sparked concerns…
China’s Fabric Exports Rise in Q1 2024; Vietnam Emerges as Top Market
China’s fabric exports experienced a significant surge in the first quarter of 2024, with a total value of $15.482 billion, a 2% increase from the same period last year. Vietnam…
GIRSAL’s Initiatives Boost Ghana’s Natural Rubber Sector for Economic Growth
Reviving the natural rubber sector is crucial for Ghana’s economic growth, and the Ghana Incentive-Based Risk Sharing System for Agric Lending (GIRSAL) is playing a significant role in this endeavor.…
U.S. Petroleum Exports Drop 16% to $121 Billion in 2023 Amid Shifting Global Demand
The United States experienced a 16% drop in petroleum exports in 2023, with the value dipping to $121 billion. This decline is attributed to various factors, including changes in global…