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India Import

India Import Ban on Laptops – Impact, Alternatives & Data Analysis

The Indian government has put a ban on laptop imports on 3rd Aug 2023. This swift ban calls for importers to obtain a license before importing laptops, tablets, and other similar electronics. There is a mixed reaction to the decision in the tech industry. Some say it is a chance to enhance domestic manufacturing while others fear it will lead to increased prices for consumers. Let’s understand the possible impact, and alternatives with essential data.
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Global Trade Data

Supply Chain Analytics Market – Data and Key Challenges

The supply chain analytics market size is expected to grow by USD 10,121 million in the next five years. As per the latest report, the market will progress at a CAGR of 20% from 2022 to 2027. The increased use of predictive analytics in the supply chain is a major trend in the market. Global imports were at USD 25,050 billion in 2022 while exports were at USD 24,487 billion. Let’s have an in-depth data analysis of the global supply chain market.
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Global Trade Data

OPEC Exports 2022 Declined & Facing Further Low Outputs In 2023

In the last year, the output for the petroleum sector, specifically from OPEC (Organization of Petroleum Exporting Countries), gained substantial growth. The output levels were surging, but resulting in no strong gains in the exports for the same year. In the same way, in 2023 so far, the OPEC member countries are reporting cuts and a lower supply of oil shipped due to the limited quantity of petroleum. The statistical figures featured below support the subject and provide a comprehensive view of the market structure.
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Global Trade Data

WTO Members Advised To Not Put Trade Restrictions Following A Year Of War

WTO members have continued to promote the implementation of importation restrictions’ withdrawal, WTO’s authorities claimed in a recent event that curbs on food still exist making it harder for many countries to grapple with the challenges such as inflation and rising prices. WTO has been making efforts to bring together the member countries and bring down the number of export restrictions on food, feed, and fertilizers. While the export restrictions on these essential commodities have declined after notices were issued by WTO, restrictions still exist.
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India Import

India's Sunflower Oil Imports To Fall As Black Sea Grain Deal Expires

India’s sunflower oil imports are likely to fall in the coming months as Russia has withdrawn itself from the Black Sea grain deal. The prices of oil rose after the Russian Federation discontinued its stance on the grain export deal with Ukraine as it expired. The Black Sea grain deal allowed Ukrainian shipments of commercial food and fertilizer to pass through Russia’s Black Sea, following the year-old Russian invasion of Ukraine. The shipments of the same commodities belonging to Russia were also a part of the export deal.
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