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Bangladesh Trade Data

Bangladesh's “Imported Inflation” Due To Mismatch Of Foreign Exchange Inflow

Bangladesh is going through a high inflation rate along with the rise in CPI in September. The consumer price index has skyrocketed and stood at the highest value for the first time in a decade or more. The cause of higher inflation in Bangladesh is the mismatch between the value of imports and the inflow of foreign exchange from exports. According to official statistics, the inflation rate of Bangladesh stands at 9.1% in September for this calendar year.
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China Export Data

China, the ‘World’s Factory,’ is Losing More of Its Export Dominance

China, the ‘world’s factory,’ is losing more manufacturing and export market share in key sectors to Asian neighbors, with recent “Zero Covid” policies. This is a major factor leading to further erosion in its long-time dominance of global trade. According to data, China is losing ground in key consumer categories, including travel goods, footwear, and clothing and accessories. Here is an overall picture of industries in which China is seeing a decline in exports.
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Global Trade Data

How Black Sea Grain Deal is Vital for Global Food Security?

Russia has agreed to resume participation in a deal to free up vital grain exports from war-torn Ukraine after suspending its involvement earlier in a move that had threatened to exacerbate hunger across the world. The Black Sea grain deal was reached in July and has created a protected sea transit corridor. The deal was designed to ease the global food shortage due to the ongoing war between Russia and Ukraine. Countries like China, and Egypt are dependent on Russian and Ukrainian grains.
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South Korea Import Data

South Korea’s Imports from Egypt Likely to Surge in 2022

Despite the long distance between South Korea and Egypt, bilateral relations in all fields are very strong. South Korea’s imports from Egypt have increased to USD 697.1 million in the first of 2022 as compared to USD 247 million reported in the same period of 2021. Overall, South Korea’s imports from Egypt are most likely to surge in the complete months of 2022. Mineral fuels & oils, and residues & waste from food industries are the biggest import commodities of South Korea from Egypt. Let’s have a closer look at the Korean imports from Egypt with data visualization.
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Canada Export Data

Canada’s Biggest Export Commodities in 2021 and 2022

The year 2022 has been successful for Canadian export businesses and intends to carry the momentum into 2023. In fact, Canada’s exports jumped to USD 503.7 billion in 2021 from USD 389.8 billion reported a year earlier. Certain exports have been holding strong during the previous years. If you’re interested in joining the Canadian export business in 2023, you might know the essential stats about Canada’s biggest exports of 2022 and their comparison with 2021. After all, these stats can help you taking informed decisions to gain success in your business.
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