China’s Fuel Imports Surge to Record Highs as Economy Rebounds from Pandemic
China’s fuel imports have been on the rise, driven by a recovery in domestic demand and economic activity. In 2023, the country’s annual crude oil imports hit an all-time high…
Biden Administration Proposes New Tariffs on Chinese Imports to Boost Domestic Manufacturing and Fair Trade Relations
President Joe Biden’s administration has taken a firm stance on trade with China by proposing new tariffs on a range of Chinese imports, including electric vehicles, batteries, semiconductors, steel, aluminum,…
Vietnam Cold Chain Market to Hit $10.2 Billion by 2026
Vietnam’s cold chain industry is experiencing significant growth, with the market projected to reach $10.2 billion by 2026. This expansion is fueled by the increasing demand for food consumption and…
Chinese-Built Railway Revolutionizes Ethiopia’s Trade: Boosting Import-Export Efficiency
The Chinese-built Ethiopia-Djibouti railway has significantly enhanced Ethiopia’s import and export trade sector by streamlining transportation processes and reducing logistics time and costs. This railway, operational since 2018, has played…
Copper Prices Soar to Record Highs Amid Surging Global Demand: What’s Driving the Rally?
Copper prices have surged to a new record high, reaching $4.323 per pound in New York and $9,477 per metric ton on the London Metal Exchange. The rally is being…
Ukraine Imports Early Onions from Uzbekistan and Azerbaijan Amid Market Shifts
Ukraine’s onion market is experiencing significant shifts due to various factors, including the impact of the Russian invasion on logistics and prices. The country has been importing onions from Central…
Ghana Aims to End Rice Imports: Boosting Domestic Production for Food Security and Economic Savings
Ghana’s reliance on imported rice has been a long-standing issue, with the country importing about 60% of its rice consumption. This not only drains the nation’s foreign exchange but also…
EU Honey Market Insights: €359.3M Imported in 2023 – Trends & Trade Impact
The European Union imported €359.3 million worth of honey in 2023, according to Eurostat data. This figure highlights the significant trade relationship between the EU and its partners in the…
China Targets EU, US, Japan, and Taiwan with Anti-Dumping Probe on Chemical Imports
China’s Ministry of Commerce has launched an anti-dumping investigation into imports of polyformaldehyde copolymer (POM copolymer), a widely used engineering chemical, from the European Union, United States, Japan, and Taiwan.…
China’s Bauxite Imports Surge in April 2024, Driven by Increased Demand from Domestic Alumina Refineries
China’s Bauxite Imports Surge in April 2024, Driven by Increased Demand from Domestic Alumina Refineries China’s bauxite imports saw a significant increase in April 2024, totalling 24.4794 million tonnes, up…