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India Trade

India's Onion Exports Ban Reflects High Prices In Neighboring Regions

On December 8, 2023, India announced the ban on the exports of one of its highly demanded vegetables, onion. The export ban of India has created waves and repercussions in other countries that rely on Indian cargo filled with onions. The neighboring countries to India have been affected significantly, among these affected countries. The prices of vegetables have increased in the regions following India’s onion export ban, resulting in a shortage at the local vegetable markets.
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Global Trade Data

EU Fossil Fuels Import-Export 2023 Fell Steep, Market Is Going Down Now

The European Union fuels and oils market is the third-biggest consumption market on the continent basis. The high demand for energy commodities in the EU results in significantly high values of imports, with exports reaching the top because of production value. But things are changing now for the European Union, as it has been avoiding dependence on imported fuels and oils, especially after Russia’s invasion of Ukraine.
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India Trade

The Crucial Role of Exports to India’s Economic Growth and Opportunity

Exports are a backbone of economic growth of developing countries including India. Economic growth is a driver of reduction in poverty, and improvement in quality of life. Every single country that has grown rapidly in the last 70 years has done it entirely by expanding trade with the developed world. China, Indonesia, Japan, Singapore, South Korea and even India are all countries that have grown fast by exporting. India is growing but it must do a lot more to make a good balance between its exports and imports.
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India Trade

India’s Potato Exports – Data Analysis and Market Forecasts

India’s potato exports totalled USD 5351038 in Jan-Oct 2023, declined from USD 8596553 in the same period of 2022. India is a one of the major hubs of potato exports in the world. According to a report, India shipped USD 11386204 worth of potatoes to the world in 2022. Major buyers of Indian potatoes are Nepal, the United States of America, the United Aram Emirates, Japan, Qatar, and Malaysia. Forecast shows that India’s potato exports is likely to decline in 2024. Here is in-depth analysis of India’s export market of potatoes.
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Global Trade

Europe Methane Imports Curb To Benefit Producers and the Planet

EU’s long-running ethical trial over the high emissions from fossil fuel importation has finally been tackled. The EU will curb the imports of fossil fuels such as coal, gas, and oil to curb the high carbon emissions. The EU is highly responsible for high emissions of greenhouse gases such as carbon dioxide and methane from the importation of fossil fuels. Since the pandemic in 2020, many environmentalists have urged the EU to take a step. The EU has finally taken a step.
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