Stay updated with the Global Import and Export Industry with Well Formulated Information
As the China-originated Coronavirus has taken millions of lives all over the world and hit global economies hit hard; many countries including India, the United States, and Australia has restricted trade with China. In fact, China’s trade conflict has picked up, due to various developments like border issue with India, rising tariffs with Australia and U.S. and so on.
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U.S. import prices ticked up by 0.1% in November 2020, after edging down by 0.1% in October. Prices for U.S. exports also rose in November 2020 by 0.6% following advanced of 0.2% in October. According to Export Genius import export data and intelligence reports, higher fuel prices in November and lower non-fuel prices were the major considerations to rise in import prices.
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Britain and the European Union are seeking a post-Brexit trade deal, with failure likely to impact UK’s imports & exports. This would also result to increased chaos in mutual trade between UK and European Union countries, financial markets tumbling and huge economic costs. Brexit withdrawal agreement was officially signed on 24th January 2020. A no-deal Brexit is the potential withdrawal of the UK from the EU without a withdrawal agreement. Let’s discuss more about no deal Brexit and its impact on UK import & export from Export Genius UK trade data and business intelligence reports.
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New Year Holiday Season is a time when people enjoy the occasions, but at the same time, import-export businesses get affected, if they do not have planned early. Companies who have import or export goods ahead before holidays would not be affected that much and continue with their business in local market. However, companies who haven’t stock up their inventory, their business could be affected during New Year holidays.
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Singapore is a country in Asian continent, which stood as the world’s 16th largest import country and 15th largest export country in 2019. Singapore’s largest trading partner was China, which shared 13.2% to total Singapore imports and 13.2% to total Singapore exports. Singapore’s top 10 import partners accounted 68.9% to overall value of shipments and Singapore’s top 10 export partners accounted 70.7% to overall value of shipments recorded in 2019. Analyze Singapore trade statistics to have a wider perspective on 10 largest trading partners of Singapore.
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In order to start importing goods from Singapore or exporting products to Singapore, market intelligence information is must for various aspects of import-export business. These aspects include finding the best & genuine trading partners in Singapore, making the right product choice and so on. But the major question is how to get Singapore import export data? In this article, you will learn some important and authentic sources to collect business information of Singapore companies and comprehensive Singapore shipment data.
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Singapore stood as world’s 16th largest import country and 15th largest export country in 2019. Singapore’s imports valued USD 359 million and exports valued USD 390.3 billion. The country imported and exported electrical machinery and equipment at 2-digit level HS Code the most in the said year. China is the largest trading partner of Singapore, which shared 13.2% to total imports and exports in 2019.
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Over the last decades, Singapore has been an important hub for those traders which are dealing between the eastern and the western areas. It is a logistic hub for Southeast Asia and an important financial services center. With local and international supply chain and logistics businesses in the country, it is undoubtedly one of the largest merchandisers in the world. In addition, Singapore has built a lot of infrastructures like airports, harbours, shipping lines or roads to improve the efficiency of the whole system.
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Amid coronavirus pandemic, India imports and exports declined from March to July 2020 due lockdown and shutdown of industries. Although India has eased restrictions from June and July months, the value of total import and export shipments still recorded a drastic shortfall as compared to same period last year. According to India import export data, India’s imports were hit more than its exports from April to July 2020 from Covid-19.
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Acyclic hydrocarbons global imports valued USD 25.4 billion in 2019, while exports stood at USD 23.8 billion. That import and export dollar amounts were declined as compared to the previous year. The latest global trade data available with us shows that China tops in world’s acyclic hydrocarbons imports, while the United States of America stood as the largest export country of acyclic hydrocarbons in last year.
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The imports and exports of polyethylene in the Middle East totaled USD 1.8 billion and USD 9.5 billion respectively in 2019. Middle East countries shared 6.1% in world’s polyethylene imports and 32.8% in global polyethylene exports, as per latest polyethylene trade data available with Export Genius. Turkey stood as the top import country of polyethylene, while Saudi Arabia was the largest export country of polyethylene in 2019.
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Disinfectants global trade amounted to USD 5.1 billion in 2019. Total disinfectants imports and disinfectants exports valued USD 2.6 billion and USD 2.5 billion respectively. According to global trade data, Germany stood as the largest import and export country of disinfectants. Check global trade statistics of disinfectants and have a larger coverage of disinfectants imports and exports.
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When it comes to start an import-export business, selecting a product is one of the major factors, like finding genuine buyers or suppliers for your product. In order to accomplish success in these tasks, a good research and authentic market intelligence data from a reliable source like Export Genius are required. In this article, we will learn about some effective sources from where you can collect useful information that will help you in finding the best product for importing or exporting.
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India’s imports from China totalled USD 68,402 million in 2019, while India’s exports to China totalled 17,278 million. That means India’s trade deficit with China is wide as India is heavily dependent on Chinese goods. According to India import data, India imported electronics, machinery, organic chemicals, plastics and fertilisers the most in 2019. Now India has taken several measures to curb imports from China, especially after border stand-off between the two countries.
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In order to expand your import and export business in Bangladesh, there are many factors that play a crucial role in meeting up the requirements. These factors include budget, product selection, buyers/suppliers finding, customs procedure and so on. And a good knowledge on these can be achieved from market research data and reports.
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Turkey is officially known as the Republic of Turkey, which is a transcontinental Eurasian country located mainly on the Anatolian Peninsula in Western Asia and a smaller portion on the Balkan Peninsula in Southeastern Europe. The Turkish market has witnessed a remarkable recovery over the past years in the import and export business. It has encouraged the investors and traders to set up their companies in Turkey in order to participate in this market with a great opportunity of high profits and returns.
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As the coronavirus pandemic spreads, so does its impact. Every industry is affected due to global lockdown. Fashion hub is also not behind from the impact of Covid-19. The most recent run of fashion weeks – the womenswear shows in New York, Milan, London and Paris – were overshadowed by the spread of coronavirus, which spread to Italy just as the shows were beginning there. The shows were cancelled when the virus began appearing in the United States.
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The Coronavirus (Covid-19) has already made a spread out of China and been rapidly affecting international communities since mid-March 2020, particularly in the Unites States, Italy, Spain and France. India is also facing sharp rise in cases to thousands. The impact of coronavirus on cement industry is not that much as compared to other sectors, but disrupted supply chains from China has created a problem among global cement companies.
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Millions of people globally are affected by the Coronavirus pandemic, which has claimed several lives, lockdown public & business and destroyed the global economies. China and the United States, two powerful countries in the world, are severely affected by the virus. China, which was the epicenter of Covid-19, has now recovered and the country has opened the lockdown in many areas.
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Coronavirus (COVID-19), which has claimed thousands of lives in China and other countries, has severely affected global economy, especially Indian industries which are heavily dependent on Chinese materials. The impact of shutdown across China hit hard Indian businesses. The situation for India’s exports to China isn’t bad, but imports to several industries are feeling the strain. According to Export Genius India import data, about 18% of India’s total commodity imports are from China.
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As the world finds itself in the grip of largest public health crisis of our lifetimes, the Covid-19 pandemic, the novel coronavirus has disrupted economy and industries of countries. The coronavirus is impacting global cannabis industry, with the effects likely to get significantly worse in the coming weeks and potentially months. Cannabis, also known as marijuana among other names, is a psychoactive drug from the Cannabis plant used for medical or recreational purposes.
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Jute is the golden fiber and 100% natural fiber. The product is produced from the raw jute and eco-friendly for the environment. For this reason, jute is used in manufacturing various products including bags, handicrafts, textile, apparel and furnishings. According to Export Genius market research report, China is the largest jute goods exporting country in the world. Let’s have a quick analysis of jute products imports and exports with special focus on importing and exporting countries of jute goods.
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The telecommunications and consumer technology are the biggest markets in the world. It continues to feel the impact of the coronavirus. China, which holds more than half of the technology market is feeling the pain as initial outbreak of Covid-19 disrupted the global supply chains. Coronavirus has grown into a global pandemic and is spreading rapidly around the world with over 100 countries affected, thousands dead and lakhs of confirmed cases.
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Trying to evaluate the impact of Corona virus or Covid-19 on the global chemical industry at this point of time when there is a shutdown in China and other countries is difficult. However, chemical makers both in China and Western countries report progress in their efforts to keep their businesses running in this tough situation. According to Export Genius market research report on global chemical industry, companies with business operations in China are getting their facilities going again,
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The coronavirus crisis is gripping the global economy due to disruption of supply chain, restrictions in travel, lockdown in some countries and so on. The spread of virus outbreak has lead nations to implement containment measures, which has disrupted energy supply and demand. Based on Export Genius import export data, industry experts had cut its forecast for global solar demand in 2020 by 16%, amid worsening of coronavirus impacts around the world. Here is a look at latest coronavirus impacts on energy sector across the world.
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Since January 2020, coronavirus has impacted several industries in the world. Global oil market is severely affected due to pessimistic oil demand outlook and comparatively low oil prices. As COVID-19 has spread in other countries apart from Asian nations, the oil market will continue to suffer losses in this year, but the question remains: how deep and for how long? Let’s try to find an answer!
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International trade is affected by myriad factors. The latest event to affect global supply chains is Coronavirus or COVID-19 outbreak in China, which has now spread in more than 50 countries. Thousands of people in the world have died so far with China being reporting maximum numbers. China, which is the largest trading partner of global countries, has shut production units and affected with shipping worldwide.
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What is the biggest issue for most of the new importers and exporters in the world who look for new business opportunities in Turkey? This issue is how to find genuine buyers and suppliers in Turkey for their goods? You may have a brilliant import export business idea or you may have get highly profitable business opportunity or you have a great product; but still you will be unable to make money in long run if you don’t found a good buyer or supplier.
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The United States of America is the 2nd largest export economy in the world and the 7th most complex economy. According to USA import export data, the country purchased goods worth US$ 2,612 billion in 2018, while shipped commodities worth US$ 1,665 billion. The top exports of the United States are Cars, Refined Petroluem, Gas Turbines, Planes and Helicopters. Its major import commodities are Crude Petroluem, Cars, Computers, Broadcasting Equipment and Vehicle Parts.
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Tanzania, officially the United Republic of Tanzania is a country in East Africa. Tanzania has been recording a negative balance of trade since last years as its imports were higher than exports. According to Export Genius Tanzania trade data, Tanzania’s imports valued US$ 8,510 million and exports valued US$ 3,795 million. The largest trading partners of Tanzania are India, China and South Africa.
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Liberia, officially the Republic of Liberia is located on the West coast of Africa and bordered with Sierra Leone, Guinea, Ivory Coast and the Atlantic Ocean. When it comes to import and export, Liberia stood as the 54th trading country in the African continent. Globally, Liberia ranked 103 in imports and 150 in exports. According to Liberia trade data, the country shipped commodities worth US$ 178.5 million in 2018 and purchased goods worth US$ 3,030 million.
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Botswana is a landlocked country in South of African continent. It is bordered with Zimbabwe, Namibia, Zambia and South Africa. Botswana is a member of Southern African Development Community (SADC). The economy of Botswana is currently one of the fastest growing economies in the world. Botswana’s exports valued US$ 6,573 million, while imports valued US$ 6,168 million. This means that the country recorded a trade surplus of about US$ 404 million in 2018.
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Vietnam is a member of ASEAN (Association of Southeast Asian Nations), which is a regional intergovernmental organization comprising ten countries in Southeast Asia. These countries are Indonesia, Thailand, Philippines, Singapore, Malaysia, Vietnam, Brunei, Cambodia, Myanmar and Laos. In this list of countries, Vietnam is on the 3rd position in terms of imports and exports.
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Indonesia is a country in Southeast Asia. It is the 25th largest exporter and 29th largest importer in the world. Indonesia’s imports and exports totalled US$ 188 billion and US$ 180 billion in 2018. This means the country experienced trade deficit as value of its total imports were higher than value of its total exports. According to Indonesia trade data, mineral fuels and oils under Chapter 27 were the largest traded commodities.
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Mexico is now No.1 trade partner of the Unites States of America, after much-talked trade war between the US and China, which started in early 2018. There is no doubt that Mexico is the happiest country which gets much benefit from this trade war. As per Export Genius Mexico trade data and report, Mexico’s trade value with the US recorded US$ 308 billion in first six months of 2019, while China stood at 3rd position with US$ 271 billion value.
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The Philippines’ trade deficit in June 2019 narrows to US$ 2.47 billion as exports continued to grow while imports declined further. According to Philippines Trade Data, the country’s balance of trade recorded US$ (-) 2472 million in June month of 2019, while US$ (-) 3690 million recorded in same month last year. Let’s discuss about Philippines trade with special focus on Philippines exports and imports and try to analyse the country’s market from Philippines import and export data.
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Which country is now the biggest trading partner of USA? China? No! It’s not China. It is Mexico, which get most of the benefits from the trade war between USA and China, which started early 2018. If we see shipment records of first six months of 2019, Mexico has become the largest trade partner of the US both in terms of imports and exports. According to the US Census, Mexico’s trade value with the US recorded US$ 308 billion, followed by Canada of US$ 306 billion and China of US$ 271 billion.
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The Democratic Republic of Congo is the largest country in Central Africa in terms of size. It is also called as DR Congo, DROC, DRC, East Congo or Congo-Kinshasa. DR Congo recorded a trade surplus of US$3454 million in 2018, as its exports were higher than its imports. DR Congo’s exports valued at US$9725 million and its imports valued at US$6270 million in the said year. According to DR Congo trade data, the country’s major import source is South Africa and export destination is China.
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Venezuela’s imports valued at US$10 billion in 2018, while exports valued at US$33 billion. This means Venezuela recorded a trade surplus of US$23 billion due to more exports than imports. The country’s largest trade partner both in terms of imports and exports is the United States of America with almost 40% share in total trade. Based on actual shipment records covered in Venezuela trade data, the country’s major imports are mineral fuels & oils, cereals, machinery, electronics and animal or vegetable fats & oils.
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Philippines’ total imports valued at US$115 billion in 2018, which rose from 2017’s US$101 billion, as per Philippines Trade Data. However, total exports fell marginally from US$68 billion and settled at US$67 billion in 2018. So, Philippines recorded a trade deficit of US$ -47 billion in last year as there is a huge gap between country’s imports and exports. In Asian continent, Philippines rank 14 in imports and 17 in exports.
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In order to import any product to the Philippines or to export any product from the Philippines, a good market research is important. And we have simplified this research by creating PhilippinesTradeData.com, which provides import-export data of Philippines with shipment details. This website is developed for businesses to get Philippines trade data with customs-based information.
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Running an import export business is very challenging these days. The challenges like disruptions in the supply chain, currency exchange rate variances, language issues and all combine to create a host of problems. The global business is one of the most profitable opportunities for traders while some traders weigh the risk against potential benefits as they would quite keep on trading within the country’s borders.
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Pork is the cooking name for meat from a domestic swine. United States is the second largest pork products exporter country in the world and represented 15% of the global pork exports. As China is a leading destination for USA pork variety meat. Recently, China government has increase the tariffs on 128 products of USA and mainly impose an additional 25% duty on imports of United States pork and pork variety meat.
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India has become the world’s third largest producer of electricity with 1,160.1 billion units of electrical energy produced during financial year 2017-18. Electricity production in India grew 34% over seven years to 2017. As far as power consumption in India is concerned, the country’s consumption of electricity stood over 1 billion units in 2017. India’s both imports and exports of electricity valued at over 35 million in this year.
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In an import-export business, Letter of Credit (LC), also known as Documentary Credit, is a major instrument for settling trade payments. It is actually a written commitment from a bank on behalf of a buyer (importer) that payment has been made to a seller (exporter) under agreed terms & conditions. A key principle of LC is that banks have to deal only in documents and not in goods.
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In import export business, it is important to know what type of transportation will be efficient and cost effective for your business. Mode of transport and distributions are the key factors for international trade. There are four ways of importing and exporting goods from one place to another place i.e. rail, road, air and sea.
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In import export business, it is important to know what type of transportation will be efficient and cost effective for your business. Mode of transport and distributions are the key factors for international trade. There are four ways of importing and exporting goods from one place to another place i.e. rail, road, air and sea.
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India is Asia’s biggest market and the country is located in South Asia. In import export business, India is one of the emerging markets in the world. India is the 20th largest exporter country and 14th largest importer country in the world. As of 2016, India had a negative trade balance of USD 96 billion in net imports and it recorded USD 104 billion in 2017 till September. If we compared to its trade balance in the year 1995 when India had a positive trade balance in net exports.
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Indian glass industry is growing due to the rising interest for glass from the beverage sector, real-estate and the infrastructure. The huge growth in glass consumption has been driven by fast expanding automotive and construction sectors. Earlier, glassmakers in India could not have asked for more. The recent years have shown the best of times in the industry’s history. The growth in glass industry of India is led by container glass segment which represents the larger part of the volume.
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How to find buyers or suppliers of India in 2018? This is one of the major questions that mind of every foreign importer or exporter strikes, especially for those who are entering into Indian market for the first time. There are both paid and un-paid services available for getting information about Indian companies that can buy or sell products of your interest. Paid market research services include purchasing of import export data.
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When it comes to import or export goods and do business with Chinese traders, it is not that easy as you certainly need someone genuine and trusted with whom you can build long-lasting work relations. You may get frustrated because of the fact that you are a beginner and you are not being able to choose the right business hand and recognize the right path. To successfully find a suitable buyer or supplier in China, you need a strategy.
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Sulphonamides are organic sulphur compounds that contain the amide of sulfonic acid. It is the basis of several groups of drugs and also known as sulpha drugs. Sulphonamides are first anti-microbial drugs developed to treat bacterial infections in human beings and animals. Sulfonamide cause fatal side effects including urinary tract disorders and hyper sensitivity reactions.
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Geogrid is a geosynthetic material used as reinforcement in construction works. It can be used in support of retaining walls and many applications are on its way to being flourished. It is commonly made up of polymer materials. The high demand for Geogrid in construction is due to its good tension property and has a higher ability to distribute load across a large area. The road segment is the largest type segment of Geogrid market.
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Nitric acid, which comes under HS Code 2808, is one of the most traded products in the chemical industry around the world. It is a poisonous liquid that gives off choking yellow or red fumes in moist air. This colourless liquid is used in manufacturing organic & inorganic nitrates and nitro compounds for paints, plastics, explosives, dye intermediates, fertilizers and many other different organic chemicals.
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Acrylic acid is the simplest unsaturated carboxylic acid consisting of a vinyl group connected directly to a carboxylic acid terminus. Acrylic acid & its derivatives are widely used in industrial processing. The major market for acrylic acid include surface coatings, adhesives and plastic additives. Surface coating is one of the major applications of acrylic acid and when it reacted with alcohols gives the commodity acrylates. These acrylates are widely used in the paints and coating industry.
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Antibiotic is a group of medicines used in the treatment of infections caused by germs, bacteria and certain parasites. It also called antibacterial or antimicrobials and cure disease by killing or injuring bacteria. Antibiotics only treat bacterial infections, it is useless against viral infections and fungal infections. In today’s times, over 100 different antibiotics are available to cure minor and life threatening infections.
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Life can’t be imagined without colours. Industries are very well aware of colour significance to attract the buyers. As such, the market of colour pigments is growing rapidly around the world. A wide range of pigments is used in textile industry and other sectors like cosmetics, paper, building material, glass and so on. There are two types of pigments namely organic and inorganic. Organic pigments are widely obtained from the animal kingdoms and plant.
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Global trade deficit of fatty alcohols recorded USD 553 million in 2016. It means that world’s trade balance showed negative value in this year. As per the other sources, the global fatty alcohols market is estimated at USD 4.72 billion in 2017 and is projected to reach USD 6.01 billion by 2022 at a CAGR of 5% between 2017 and 2022. The production of fatty alcohols is highly dependent on crude oil since synthetic fatty alcohols are manufactured from petrochemicals.
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When talked about zinc, most tend to think about zinc metal. However, zinc chemicals including zinc oxide and dust account for about 10% of total zinc consumption in the world. As per a report prepared by Export Genius, a leader in market research industry shows that zinc oxide accounted for 62% of the zinc chemicals industry with zinc sulfate 33% and zinc chloride 5% in 2016. The major market segments of zinc chemicals include – ceramics, agriculture and rubber compounding.
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Black carbon defines as a black material emitted gas and diesel engines, coal fired power plants and other sources that burn fossil fuel. It is a deep black color powder with reinforcing and conductive properties which are utilized across various sectors. It is expected to show an increase over the next five years in the demand for black carbon in paints, coatings and inks. High demand Carbon black is majorly consumed by tire industry.
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The chemical industry is a forward-looking & dynamic industry in the United States of America and a keystone of the country’s domestic economy. It is one of the oldest industries in America and the world’s second largest trading sector (after China) with 14% of global chemical shipments. With abundant natural resources and a highly skilled workforce, the US chemical industry has long been a major exporter of chemistry-based products.
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Ammonia global imports and exports amounted to USD 6301 million and USD 5581 respectively in 2016. This inorganic chemical comes under HS Code 2814 and is the basic building block of the world nitrogen industry. The consumption of ammonia products for nitrogen fertilizer accounted for more than 80% of the world ammonia market. Nitrogen fertilizers are basically the most widely used fertilizers around the globe, which accounted close to 60% of all fertilizers. Ammonia is produced from natural gas in the world, except in China where it is produced much from coal gasification.
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Pesticides are substances intended for preventing, destroying, repelling or mitigating any pest. It is used as a plant regulator, defoliant and nitrogen stabilizer. India is the fourth largest global producer of pesticides after USA, China and Japan. Indian crop protection industry is capital intensive and highly regulated industry. Pesticides industry in India is segmented into six categories including insecticides, herbicides, fungicides, bio-pesticides
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China’s chemical sector is growing rapidly and has become a strategic pillar with increasing global competitiveness. It consists of the industrial system covering various sub sectors including chemical fertilizers, agricultural chemicals, speciality chemicals, synthetic materials etc. The chemical industry is a very important contributor to the wealth of a country.China is the second largest economy in the world.
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Glycerol, also known as glycerine or glycerin is a polyol compound and odourless, viscous & colourless liquid. It is non-toxic and sweet-tasting and found in all lipids known as triglycerides. This chemical product comes under HS Code 290545 and is widely used in the food industry as a sweetener and in pharmaceutical formulations. It is also used into botanical extracts, electronic cigarette liquid, antifreeze, chemical intermediate, vibration dampening, and internal combustion fuel.
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What is caustic soda? Known as sodium hydroxide (NaOH), caustic soda, which comes under HS Code 2815, is an inorganic compound widely used in various industries due to its strong alkaline properties. It is the go-to compound in the chemical industry as it is one of the essential elements in manufacturing of soaps, detergents, paper and aluminium. Caustic soda is also used in the production of beverages, cocoa and chocolate.
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Petroleum oil, natural gas, coal, renewable energy and nuclear power electric are primary energy sources for USA energy industry. Electricity is a secondary energy source that is generated from primary energy sources. The United States is the second largest energy consumer in the world after China. The electric power sector generates most of the electricity in the United States and the other four sectors consume most of that electricity.
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Coal gas is a gaseous mixture of hydrogen, methane and carbon monoxide which is formed by destructive distillation of bituminous coal. The gas obtained when coal is heated strongly in the absence of air is called coal gas. It is supplied to another country via the piped distribution system. Coal gas was the primary source of gaseous fuel for most of the countries before the popularity of natural gas.
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Petroleum jelly is a mixture of natural waxes and mineral oils that together lock moisture in the skin and relieve dryness. Petroleum jelly, paraffin wax, microcrystalline petroleum wax or slack wax is a mixture of hydrocarbons having a melting point usually according to human body temperature and originally promoted as a topical ointment for its healing properties. It is hugely versatile and it is used all over the world to protect skin from dry as well as for beauty purposes.
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Natural Gas global imports and exports both fell down sharply in 2016 and settled at USD 179 billion and USD 118 billion respectively. Import and export value of natural gas in gaseous state recorded more than that of gas under HS Code 271111. Total imports of natural gas in gaseous state valued at USD 98 billion, while liquefied natural gas valued at USD 80 billion in 2016.
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What is coal tar oil? Coal tar is a very thick, dark liquid with a number of medical and industrial uses. It is a product generated while processing coking coal into low ash metallurgical coke in a recovery type coke plant. It is one of the by-products when coal is made into coke and coal gas. It is generally used in medicines, construction and industry. It causes side effects such as skin irritation, sun sensitivity, allergic reactions and skin discoloration.
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Is electricity exported? Yes, it is exported as well as imported from one country to another country. Electrical energy (electricity) is generated by generating stations and transmitted to load centers from where it is distributed to its destinations. The electricity is transferred through the connection of power lines between two countries. Germany is the top exporting country of electrical energy while United States is the top importing country.
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India and the United States of America are the largest trading countries of petroleum coke. India is the biggest buyer, while USA is the top supplier of pet coke in the world. According to a report on pet coke trade data, which covers comprehensive information on pet coke imports and exports; the import value of products under HS Code 2713 declined to USD 12088634000 in 2016 from 2015’s USD 16333164000.
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Coal is prospective to remain the most inexpensive fuel for power generation in many developing countries and industrialised countries for decades. Coal prices have historically been lower and more stable than oil and gas prices. Coal is a global industry with coal mined commercially in over 50 countries and used in over 70 countries of the world. Coal market is very dynamic today due to a variety of qualities are traded and new price indexes for different qualities in different regions.
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To find importers or exporters for your business is as important as running the business itself. You need exporters who can give you exactly what you need, when you need it and at the right price. While you need importers who can maintain the trading with you. To find business partners in Russia or any other country is little complicated particularly when you are just getting started or importing/exporting in the new market.
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In Import Export business, most people are asking the fundamental question, “How do I find new importer or exporter for my product?” Many traders find themselves hitting a wall and losing momentum in identifying new business partners in Indonesia and they are not always easy to find. If you want to import or export to Indonesia, it needs to go through local language, travel barriers and trade policies in order to succeed.
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Finding trusted importers or exporters is one of biggest challenges for traders doing import export business. Doing business in a foreign country is never easy. It overcomes a lot of barriers like understand new cultures, languages and have capable partners that can make your efforts reach any form of success. If you have specific plans to do business in the Philippines then a business partner scan can help you find reliable importer or exporter for your product.
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CIS or the Commonwealth of Independent States is a group of 9 member countries and 2 associate countries that formed during the dissolution of the Soviet Union in 1991. The 9 full member countries are – Armenia, Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan and Uzbekistan. And the 2 associate countries are – Ukraine and Turkmenistan. The contribution of CIS nations in the world’s exports was 2.6% in 2016, which declined from 2015’s 3%.
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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 rank top in global exports while it is second largest country in imports. China exports represent 13.2% of global export value while China Imports represents 9.9% of global import value. China is followed by United States of America in the list of top countries in global exports while USA ahead to China in imports.
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United Kingdom stood as largest alcoholic beverages exporter country of India. India is majorly importing alcoholic drinks with the value of 69.35% from United Kingdom only. From April to June 2017, United Kingdom exported to India around 350 brands of alcoholic beverages with the value of USD 42886209. The alcoholic drinks brands in India like Johnnie Walker, Chivas Regal, Black Dog, Ricard etc. are the most exported beverages from UK.
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A printing machine is a device that accepts text and graphic output from a computer and transfers the information to paper. The printing industry is one of the main and largest industry in import export business worldwide. The printing machinery HS code is 8443 and it is used for printing by means of plates, cylinders and other printing components. China is the largest printing machine exporter country in the world while USA is the largest importer for the same.
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Vehicles are one of the world’s most exported product that recorded the highest dollar values in last years. It is the 4th largest imported and exported global product after electronic equipment, machinery and mineral fuels. Vehicles come under HS code 87 including vehicles other than railway or tramway rolling stock, parts and accessories. Motor cars and other motor vehicles principally designed for the transport of persons which come under HS code 8703 are the most traded vehicles in world.
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Electrical Machinery is a general term for electric motors and electric generators and other electromagnetic machines. It is also called electromechanical energy converters. An Electric motors convert electricity to mechanical power while an electric generator converts mechanical power to electricity. The product under Chapter 85 i.e. electrical machinery and equipment and its parts, are the most exported and imported global product.
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The health of the worldwide rubber market largely depends on the tire industry that consumes majority of both natural and synthetic rubber production. While tire demand is projected to rise modestly in developed countries, consumption in developing countries will be benefiting from boosting living standards and resulting higher numbers of vehicle purchases. Over the last decade, China has become a major exporter of rubber. And United States of America is the largest importer of rubber.
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In spite of recent efforts to focus on renewable energy resources, natural gas still remains an essential commodity. It is used for everything ranging from heating to cooking & lighting. This gas is the third most used fuel after coal & oil; however it is cleaner due to discharge of lesser amounts of harmful substances. Natural gas import export data shows that United States of America and Russia are the two largest producers of natural gas around the world.
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The United States of America and China competes each other neck-to-neck in global trade of automatic data processing machines. USA stood as the largest importer of automatic data processing machines, while China supplied these machines the most in year 2016. This means both the countries settled in list of top importer and exporter countries of automatic data processing machines in 2016. Let’s have country-wise analysis of international trade of automatic data processing machines.
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Chemical Industry is one of the most significant contributors to the growth and development of global economy. Miscellaneous chemical products are one of the most imported and exported global product. United States of America is the chemical product exporter country while China is the largest chemical product importer country in the world. The top 5 countries like China, USA, Germany and France are the major chemical products exporters as well as major importers in the world.
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Global sales from gold exports by countries in 2016 amounted to USD 327787 Million. Among continents, Asian countries accounted for the highest dollar worth of gold exports during the year 2016 with shipments amounting to USD 121853 Million which represents 37.2% of the worldwide total. The 4-digit HS code prefix for unwrought or semi manufactured gold is 7108. Switzerland is the largest gold exporter country as well as largest in gold importers in the world.
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The wood industry is concerned with forestry, logging and timber trade. Some major wood exporters are also major wood importers like China, USA and Germany. China is the largest wood exporter as well as importer country in the world. Here, we take a comprehensive look at the top importing and exporting countries of wood and articles of wood; wood charcoal.China rank 1st in the list of wood exporters (countries) across the world.
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Iron and Steel Industry are one of the largest trade industry in the world. Iron and Steel are the key products for global economy. Pure iron is a silvery-white metal that’s easy to work and shape and it conducts electricity and heat very well. Steel is just another type of iron alloy but it has much lower carbon content than cast and other metals. The Iron and Steel HS code is 72. China is the largest iron and steel exporter country while Germany is the largest importer country in the world.
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China is the largest footwear exporter country while USA is the largest footwear importer in the world. China footwear exports represent 35.5% worldwide total. The HS Code of Footwear, gaiters and parts of such articles is 64. The year 2016 has been a year of ups and down for footwear manufacturers and some clouds ate still hanging over 2017. In this article, we are providing the details of top importer and exporter country of footwear, gaiters and its parts.
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Many of the top furniture exporters are also major importers like Germany, USA and Canada. The product under HS code 94 includes furniture; bedding, mattress supports, cushions and similar stuff furnishings. This is one of the largest global product in import export business. China is the top furniture exporter country while USA is the top furniture importer country. Ever wonder which countries export or import the most furniture?
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The organic chemicals come under HS code 29. If we go through the recent trade statistics of the year 2016, the world’s organic chemical import value is USD 376346185 thousand while the world’s organic chemical export value is USD 348764076 thousand.USA is the largest organic chemical importer country while China is the largest organic chemical exporter country in the world. India is the 5th largest organic chemical importer country and recorded value of USD 14767091 thousand during the year 2016.
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Plastic is one of the most traded global product and Polymers of ethylene is the most exported plastic item.. Plastics and articles thereof come under Chapter 39 which includes polymers of propylene, polymers of styrene in primary forms, acrylic polymers, polyamides, silicones etc. As per the trade map data, global sales from plastic item exports by countries amounted to USD 543402380 thousand while the world’s plastic import value recorded USD 547,497,323 thousand in the year 2016.
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The United States of America is the largest buyer of diamond all over the world, which is followed by India. And in exports, India is the top most supplier of diamond globally. USA is also a second largest exporter country of diamond. As per diamond trade statistics of 2016, USA share 20.9% import value and India share 18.9% export value internationally. Want to know more about worldwide trade of diamond?
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Aluminium is one of the top global product which is mostly exported and imported. It is a good conductor of heat and electricity. It can be hammered into sheets or pulled out into wires. The HS code of Aluminium is 76. Some major aluminium exporters like China and Germany are also the major aluminium importers across the world. China is the largest aluminium exporter country while USA is the largest aluminium importer country.
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Crude oil is a non-renewable resource which is usually found in reservoirs. It exists as a liquid and yellowish black in colour. It is a mixture of hydrocarbons and organic compounds. Petroleum is a broad category which includes petroleum products and crude oil that are made up of refined crude oil. Petroleum products are produced from the processing of crude oil and other liquids at petroleum refineries.
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Pharmaceuticals products are a fundamental component of both modern and traditional medicine related to drug sciences. Pharmaceuticals are the 8th most exported and imported global product. In pharmaceuticals import export business, six types of products are included and come under following HS code – 3004, 3002, 3006, 3005, 3003 and 3001. The product under HS code 3004 are the most exported and imported pharmaceutical products.
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If not known what it is or where it comes from, but almost every individual in the world use palm oil on the regular basis. It is the most widely consumed vegetable oil on the planet and used in various packaged products such as instant noodles, ice cream, shampoo, etc. Indonesia and Malaysia are the largest producers of palm oil in the world. It is crucial for their economies. India is the largest importer of palm oil globally.
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