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US Exports Crude Oil

US Crude Oil Exports 2017 – First-ever Crude Oil Shipment Reaches India

In a historic move towards boosting bilateral trade, US has lifted 40-year-old ban on crude oil exports by supplying 1.6 million barrels parcel to India. First shipment of crude oil from America’s Texas was arrived at India’s Paradip Port on 2nd October 2017. USA supplied crude oil to India at the cost of $2 less per barrel than Dubai rate. The complete shipments of HS Code 2709 are likely to reach by March next year.
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China HS code

How to Find China Customs HS Code? Search China Tariff Codes Online

The “N” number of companies are shipping all over the world. In import export business, classification of product is the most important step in the whole process. So, a global standard classification system is the must and needed. HS code also known as customs tariff code in China is an internationally standardized system of names and numbers to classify traded products. It was introduced in 1988 and it is developed & maintained by WCO (world customs organization).
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Sitagliptin Export Data

Sitagliptin Export from China – Sitagliptin Export Report Jan-Jun 2016

Pharmaceutical is one of the leading industries in China, covering pharmaceutical machinery, packing materials, hygiene materials, apparatus & instruments, medical devices, prepared Chinese medicines and synthetic chemicals & drugs. According to media reports, China is the world’s second-largest prescription drug market. The country exports various medicines in which Sitagliptin is one of the major ones.
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Beef Export Infographic

Beef Export Statistics of India – Infographic

India stood as largest country among beef exporting countries across the world. It is followed by Brazil and Australia. During the year 2016, India did the beef export business of USD 3680 million while the global beef exports recorded USD 19886 million. In Q1 2017, India has made USD 931 million from its meat export market. As per the meat export policy in India, the export of meat with bone is prohibited to export.
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NCM Code Brazil

What does NCM Stand for in Brazil? Search NCM Code List of Brazil

Brazilian Customs system differs from the international Harmonized System. NCM Code defines an eight digit code set up by the Brazilian government to identify the nature of the goods. NCM code full form is Nomenclatura Comum do Mercosul which is translated as Mercosul Common Nomenclature in the English language. Brazil customs use it for classifying the traded products in import export business. It is different from the HS code which has only six digits.
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