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Global Trade

G20's DPI Fostering Global Trade Growth and Opportunities For Countries

G20 Summit 2023, held by the Indian presidency on 8 September 2023, marked the beginning of a new geopolitical and economic transformation as the group of 20 countries gathered and paved the way for more inclusive, sustainable and transformative growth. One of the major highlights of the G20 Summit was the announcement of the establishment and expansion of the Digital Public Infrastructure (DPI) framework on a global scale.
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India-Canada Trade

India-Canada Relations – Bilateral Trade and Rising Political Tension

With increasing tensions between India and Canada, the negotiations between both countries on the free trade agreement (FTA), which resumed after a decade, could come to a halt due to political concerns. India’s imports from Canada totaled USD 3,906 million and India’s exports to Canada totaled USD 4,251 million in 2022. Both import and export values increased as compared to the previous year. Here is a detailed overview of India’s trade with Canada.
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Global Trade Data

India-Saudi Arabia Relations – Bilateral Trade Reaches USD 56 Billion in 2022

India and Saudi Arabia enjoy cordial and friendly relations reflecting the centuries-old economic and socio-cultural ties. At the recently held G20 Summit, the India-Middle East-Europe Corridor was launched to boost trade among India, and Middle Eastern countries including Saudi Arabia, European nations, and the United States of America. India and Saudi Arabia also discussed the possibility of trading in local currencies and expediting the negotiations for a free trade agreement between India and the Gulf Cooperation Council of which Saudi Arabia is a member.
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Bangladesh Trade Data

Latest Market Trends for the Beauty Industry in Bangladesh

The social and economic overview of the beauty market in Bangladesh provides a wide range of values it is one of the fastest-growing consumer markets, determined in particular by the cosmetics and skincare department. The reason behind this factual strong growth in the industry is the entrance of young consumers along with the social media and other platforms that creates huge impacted awareness among the masses.
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India Export

How India’s Sugar Exports Ban Will Affect Import-Reliant Countries?

India is expected to ban mills from exporting sugar in the next season beginning October 2023, for at least a year. The move will halt shipments for the first time in seven years, as a lack of rain has cut cane yields. As a result, many global countries, particularly Arab nations that are import-reliant on Indian sugar would face severe shortages of sugar. It would also be likely to increase benchmark prices in New York and London that are already trading around multi-year highs, triggering fears of further inflation on global food markets.
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Global Trade Data

Global Surgical Stapler Market – Import Export Data Analysis

The global surgical stapler market size is expected to grow from USD 4 billion in 2023 to USD 5 billion by 2028. It is further expected to hit USD 9 billion by 2032. Surgical staplers are specialized staplers used in surgery to close skin wounds, and join, or remove parts of the bowels or lungs. Currently, staplers are preferred over sutures as these are simpler, quicker, more accurate, and more consistent to use than hand sutures. The global trade of surgical staplers stood at USD 135 billion in 2022 including imports and exports both. Let’s take a look at the surgical stapler market analysis.
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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

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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Bangladesh Export Data

Bangladesh’s Apparel & Clothing Exports Declined in Jan-May 2023 Period

Bangladesh’s apparel & clothing exports declined to USD 14806 million during Jan-May 2023 from USD 17672 recorded in the same period of 2022. In complete 2022 year, Bangladesh exported apparel and clothing worth USD 41,856 million. As per Harmonized Coding System, apparel and clothing are described under two chapters namely 61 (Knitted or Crocheted Apparel and Clothing) and 62 (Not Knitted or Crocheted Apparel & Clothing).
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India Export

India Imposes Rice Export Ban Triggering Global Inflation Fears

In the latest development to the global food crisis, the Indian government has banned the exports of non-basmati white rice which may trigger inflation fears. This was seemingly in response to both a rise in domestic prices and decreased sowing in several key rice-producing states because of erratic monsoon season. Rice is a staple food for about half of the world’s population, with Asia consuming about 90% of the global supply.
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India Export

India's First Transnational Project, Power Export To Bangladesh Begins

India’s first transnational power project with Bangladesh has been announced. The transnational power project will supply power or electricity to the Bangladesh electric grid. This transnational power project is commissioned and handled by India’s one of the top MNCs. The business group has announced the full commission for the project and confirmed its commencement of the power supply through an Ultra Super-Critical Thermal Power Plant (USCTPP) which will export the electricity to Bangladesh at full capacity and power.
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Vietnam Trade Data

Vietnam’s Exports and Imports Declined in Q1-2023 from Q1-2022

Vietnam’s total exports in the Jan-Mar period of 2023 declined to USD 92337 million from USD 107293 million in the same quarter of 2022. Imports also went down to USD 95224 million in Q1 of 2023 from USD 119280 million in Q1 of 2022. The data shows that the United States and China are the biggest export market of Vietnam. According to a report, smartphones slumped 16% to USD 21 billion, meanwhile, garments and footwear fell 17% and 13% to USD 12 billion and USD 8.2 billion, respectively.
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Turkey Trade Data

Turkey’s Exports Hit Record High in 2022, Imports Also Up

In spite of the negative effects of the slowdown in global markets, Turkey’s exports hit a record high of USD 254 billion in 2022, with about a 12% annual increase. Imports also rose and stood at USD 363 billion. At a time when the world is struggling with serious political and economic problems, Turkey has managed to continue with uninterrupted investments, increase employment, and boost exports.
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Global Trade Data

India-Saudi Arabia Trade Up in 2022 – India’s Imports Get Doubled

In light of shifting geopolitical circumstances, India and Saudi Arabia are making efforts to strengthen their economic ties. Given that Saudi Arabia is currently India’s fourth-largest trading partner. Moreover, Saudi Arabia has expressed keen interest in India’s energy sector and both countries intend to expand their bilateral investments. In 2022, the trade between India and Saudi Arabia has increased and reached USD 67 billion mark.
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India Import Export

India’s Imports Down in Q1 of 2023 and Exports Up – Analysis Report

With the “Make in India” initiative, India is more focused on manufacturing goods and exporting to the international market. Also, the reduction in dependency on Chinese goods has also declined India’s imports. Still, China is the major trading partner of India, followed by the United States of America. Mineral fuels and oils are the top import and export category of India. Here is an analysis of India’s trade with a focus on imports and exports for 2022 and 2023.
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Global Trade Data

India and Russia Discuss Shipping via Northern Sea Route

India and Russia are looking ahead to expand the use of the Northern Sea Shipping route for boosting bilateral trade. This shipping route passes through the Arctic Ocean. Both countries want reliable and safe transportation of goods through the Northern Sea Route using Russian and Indian ports. India, which has not explicitly condemned Russia’s invasion of Ukraine, emerged as the largest buyer of Russian oil after China last year.
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Global Trade Data

Drought in Argentina Made Asian Countries to Buy Corn from India

Agricultural industry plays vital role in the commercialization of the country. It is versatile in exporting agricultural cultivated supplies. Owing to the reduction in corn production in Argentina, Asia’s feed millers are purchasing corn from India. Argentina is presently facing the huge drought in 60 years and the suffering of insufficiency is going on since 2019.
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Indonesia Trade Data

Indonesia Bans Bauxite Exports and Tightens Shoe Import Controls

Indonesia will impose a bauxite export ban starting from June 2023. Also, the country has put tight controls on shoe imports. The ban will help Indonesia to store up the domestic processing of its mineral resources. Indonesia has also tightened customs checks at small ports to crack down on the illegal import of second-hand shoes. How this will impact the copper, aluminium and footwear market? Here is a complete picture of Indonesia’s exports of bauxite, copper & aluminium and imports of shoes.
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Global Trade Data

The Global Trade Disruptions from a Conflict between China and Taiwan

Recent tensions between China and Taiwan have raised questions about the implications of such a scenario for the global economy. It’s impossible to predict and make any assessment about how this conflict would unfold economic and commercial consequences. Yet the risks of a crisis around Taiwan have risen, making trade-related worries more important than ever for policymakers and business leaders around the world.
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Indonesia Trade Data

Trade Balance of Indonesia – Exports & Imports Rise in First Half 2022

Despite a high degree of global economic uncertainty due to the Russia-Ukraine war, Indonesia’s export, and import performance has been very strong thanks to high international commodity prices, and the economic rebound from the Covid-19 crisis. So, the year 2022 so far has been positive for Indonesian trade as the country’s exports and imports increased in the first half of this year. Month-wise, Indonesian trade saw a surge in August as compared to the previous months. Here is an overview of Indonesia’s exports and imports in 2022.
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Global Trade Data

G20 Pledges to Coordinate for Strong Global Economic Recovery

The G20 nations have pledged to take coordinated actions for having a strong global economic recovery in the 17th G20 Summit held in November 2022 in Bali, Indonesia. According to a report, the G20 economies represent 60% of the world population, 75% of international trade, and 80% of global GDP. The theme of the Bali G20 Summit under Indonesia’s presidency was “Recover Together, Recover Stronger”.
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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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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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China Trade Data

What Does China's Electronic Market Shut Down Means For Global Trade?

China’s biggest electronic market, Shenzhen, has been shut down due to the COVID-19 curbing measures and lockdown procedures. The Chinese government has shut down the market, resulting in a halt state of the imports and exports of electronics in China. Electronics are the highest traded commodities in China since ever. The imports and exports of electronic products by China rank the highest among all other countries. They are also the highest traded commodities in China among all other commodities.
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Turkey UK Trade Data

How to Import Commodities from Turkey to the United Kingdom?

For centuries, Turkey has been a crucial trading partner linking Asia and Europe with its ideal transcontinental location. Today, the country enjoys close trading ties with the United Kingdom. In 2021, the total trade of goods between Turkey and the UK totaled US$19.2 billion, an increase from US$16.8 billion reported in 2020. Here is important information to consider when importing commodities from Turkey to the UK.
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Rupee Vs Dollar

Rupee Plunges To All Time Low of 80 Per Dollar – What Does It Mean

The Indian rupee hit 80 per dollar for the first time ever on 19th July 2022. After a record low of 80.06, it edged higher to 79.93 per dollar on 20th July 2022. The rupee fell after breaching a series of all-time lows and declining over 7% this year from about 74 at the start of 2022. What does it mean for individuals and the Indian economy? Let’s try to understand the weakening of the rupee against the dollar from the information.
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India Trade Toys

India's Toy Imports Drop, Exports Surge; Shows Promising Self-Reliance

India imports for toys and games dropping this year, while exports are skyrocketing with gradual growth. It has been all possible due to the initiative taken by the government of India under “Make-In-India” campaign name. The total imports of toys, sports, and games (Chapter 95) in India amounted to $380.27 million for 2021. On the other hand, the total exports from India for toys, sports, and games in 2021 amounted to $516.51 million.
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Germany Trade Data

Germany Records First Monthly Trade Deficit in May 2022 in 30 Years

Germany has recorded its first monthly trade deficit of US$1 billion in May 2022 in 30 years amid soaring inflation and supply chain disruption weighing on the country’s industrial base. According to our database, Germany’s exports stood at US$129.5 billion while its imports were at US$130.5 billion in May 2022. The trade between Germany and Russia was also hit as German exports to Russia declined in April. Here’s a complete picture of Germany’s trade with the world in 2022.
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Brazil Trade Data

Brazil Exports Higher Than Imports: A Brief Overview of Brazil Trade

Brazil’s imports and exports for the year 2021 increased in terms of the imported and exported value, as compared to the import and export value of the year 2021 for Brazil. The growth is significant in values. Apart from the increasing values of imports and exports of Brazil in 2021, the global trade data intelligence online reveals that Brazil’s exports are much higher than the imports for the years 2020 and 2021.
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USA Trade Data

USA-India Urea Trade Deal: India Will Import Urea From The USA

The imports of a fertilizer named Urea are of great importance in India, and it has struck a deal with the USA for its imports. This is going to be the first time that the US and India will trade for urea. India is going to import a significant amount of urea from the USA. This benefits India as it will import urea at a comparatively low FOB price from the US than other countries. Learn more about both countries’ trade for urea.
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Russia China Trade Data

Russia and China Open Cross-Border Bridge To Boost Bilateral Trade

Russia and China are in close ties following the Russian invasion of Ukraine in February 2022. The cross-border bridge which spans the Amur River, connecting both countries, received an official opening through a ceremony on 10 June 2022. The Russian and Chinese governments have officially announced the strengthening of both the countries’ bilateral trade. Russia and China shared plans to grow their bilateral trade to $250 billion by the end of the year 2024. What’s the history of their relationship in trade?
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Global Trade Data

Russia’s Invasion of Ukraine Could Shake Global Trade Blocs

First, it was the Covid-19 pandemic. Then came the Russia-Ukraine war. With two major global crises back to back, the supply chain of commodities has been disrupted and it is unlikely to get on track until at least the end of the year. The war in Ukraine, in particular, has caused countries to think about the need for more dependable trading partners. Here’s an overall analysis of the Russia-Ukraine war’s impact on global trade blocs.
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India-Gulf Trade Data

Why the Gulf Matters for Indian Economy – Explained

In a recent controversy over the Indian leader’s remarks on Prophet, Gulf countries, Indonesia, and other countries have strongly protested and demanded a public apology from India. Gulf really matters for the Indian economy as the trade with the United Arab Emirates, Saudi Arabia, Iraq, Qatar, Kuwait, Oman, and Iran together constitute around 18% of the total trade of India with global countries. Here’s a quick watch of India’s trade with Gulf nations and Indonesia.
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India Import Export Data

India’s Exports to Latin America Increase in 2021, But Imports Also Rise

India’s exports to Latin America reached a record high of US$18,889 million in 2021, an impressive increase of 48% from US$12,740 million reported in 2020. Brazil continued as the top destination of India’s exports to the region, with a US$6,489 million value recorded in 2021. But, India’s imports from Latin America also rose and stood at US$25,617 million last year. So, India’s trade deficit with Latin America was US$6,728 million in 2021. Get a bigger picture of India-Latin America trade with detailed data analysis.
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Ireland Import Export Data

Ireland Imports And Exports Grew In 2021, Reveals Trade Data

Ireland imports and exports increased for the year 2021 as compared to 2020, as per Ireland import-export datasets. The exports of Ireland in 2021 were relatively lower than the imports of the same year from Ireland to other countries. The top imports of Ireland include commodities such as pharmaceuticals, organic chemicals, medical & optical instruments and more. The top exports of Ireland include flying vehicles, industrial machinery, organic chemicals, and more.
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India Import Export Data

India’s Farm Exports Surge and Farm Imports Also Increased in 2021

India’s agricultural exports reached US$48 billion in 2021, while agricultural imports also increased and stood at US$26 billion. The agricultural trade surplus of US$9.5 billion was reported last year. In fact, for the last three consecutive years, India’s agri exports and imports have risen. In exports, cereals, cotton, fish, and sugar were the major gainers, while in imports, cotton, and natural rubber reported an increase in the value of shipments in 2021. Here’s an in-depth data analysis of agricultural exports and imports.
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India Export Data

Indian Cotton Get Duty Free From Association, Textile Exports Will Boost

India has exempted the customs duty on its imports of cotton till September 30 this year. The Home Textile Exporters Welfare Association (HEWA) of India claims that this allows India to reach a value of textile exports of $60 billion for the current fiscal year. Previously, in the FY22 Budget of India, India imposed the duty of 5% basic customs duty and a 5% on agriculture and infrastructure development cess on imports of cotton in the country.
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Sri Lanka Trade Data

Sri Lanka Economic Crisis and Sri Lankan Imports & Exports – Explained

Sri Lanka is struggling with the worst economic crisis in decades with a massive shortage of essential items. Soaring inflation, huge piles of foreign debt, devalued currency, and depleting foreign currency; the Sri Lankan government is going with everything wrong for the nation’s economy. The situation in Sri Lanka is so bad that people are protesting against the policies of President Gotabaya Rajapaksa and the country has to ask for help from countries including India and China.
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Global Trade Data

Global aluminium market – Russia could see a decline in exports

The global aluminium market will see significant changes in 2022 due to global supply chain disruptions. Countries have put sanctions on Russia over its invasion of Ukraine. Many key importers may refuse to purchase aluminium from Russia, resulting in the restricted flow of commodities. Russia is one of the largest suppliers in the global aluminium market, shipped aluminium worth US$8,750 million in 2021. Let’s have an in-depth analysis of the global aluminium market and Russia’s share in aluminium exports.
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Nigeria Trade Data

Nigeria’s Trade Deficit Widens as Exports Falling & Imports Rising

Nigeria’s trade deficit is expected to get widened in 2022 as the performance of the country’s export sector has been on a downward slope. According to our database, Nigeria reported a trade deficit of US$ -19,648 million in 2020 and US$ -15,205 million in the first half of 2021. The rising trade gap between Nigeria’s imports and exports would impact its economy, which is the largest in the African continent. Let’s have a look at Nigeria’s imports and exports in past years and top-most traded commodities.
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Global Trade Data

Russia-Ukraine War – Surging Oil Prices Impact Inflation across Asia

Crude oil’s relentless surge due to Russia’s invasion of Ukraine threatens to stoke inflation across Asia. The rising inflation rates are forcing central banks to decide whether to create a tighter policy against higher prices or hold off amid the blow of economic growth. As a net importer of energy goods, Asia is vulnerable to the surge in oil prices triggered by the ongoing Russia-Ukraine war.
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Global Trade Data

International Trade – The Import-Export Effect on Economic Growth

In international trade, imports are when a country purchases goods, while exports are when a country supplies goods. Both terms play an important role in the global economy. Consumers are used to seeing products from every corner of the world, whether local grocery stores, retail shops, or importing across international borders. The difference between the value of imports and exports is known as the balance of trade.
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Russia Ukraine Trade Data

Russia vs Ukraine – Trade Comparison with Import Export Data

Russia has undergone significant changes since the collapse of the Soviet Union. From a globally-isolated, centrally-planned economy, Russia has moved to a more market-based and globally-integrated economy. After Russia, the Ukrainian Republic was the most important economic component of the former Soviet Union. Ukraine is majorly dependent on Russia for energy supplies, including natural gas and crude oil.
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Japan Trade Data

Japan's Trade Surplus Narrowed For 2021, Despite Soaring Trade

Japan’s trade surplus 2021 has narrowed down in comparison to the 2020 trade balance. While Japan imports and exports rose in 2021 higher than the imports and exports of 2020, the trade surplus is narrower than the trade surplus recorded in the year 2020. Japan’s economy is growing well so far, but the rising consumer price index is raising doubts over the pace as Asia-Pacific markets have been severely hit by the increasing rate of inflation.
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China Trade Data

Chinese Apples Imports and Exports: A Brief Market Analysis

China is the largest producer of apples in the world, with a production of around 44 million tonnes for the 2020-2021 crop year. With 5 million acres of land in China, it has approximately 10 million apple growers in the country. Hence, China is the largest exporter of apples in the world with around 50% production totaled for China’s apple production in Shandong and Shanxi provinces alone, as per New York State Horticultural Society study reports.
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India China Trade Data

India’s Trade with China Reaches $123 Billion in 2021, Imports Crosses $100 Billion

India’s trade with China in 2021 grew and reached to US$ 123 billion with imports from China has crossed US$ 100 billion mark, underlining continued demand for a range of Chinese goods, particularly machinery. According to our database, India’s imports from China officially reported US$ 101 billion, while India’s exports to China totalled US$ 22 billion in 2021. Both the values increased as compared to the previous year.
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Global Trade Data

Oil Prices and Production Surged, OPEC Says Omicron Is Not Severe

With the discovery of a new coronavirus variant, Omicron, the global economy and trade flows expect to be slumped like the year 2020. Several countries have again put restrictions on travel and public transport. However, among all this, the Organization of the Petroleum Exporting Countries (OPEC) have raised the oil prices and production despite the situation.
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US Japan Trade Data

Japan-US Formed Alliance On Trade Agreement With Each Other

On the 17th of November 2021 USA and Japan signed a trade agreement on the basis of conditions that will prosper both of the country’s trade with each other as the major objective. Office of the US Trade Representative (USTR) and Japan’s Ministry of Foreign Affairs with Japan’s Ministry of Economy, Trade, and Industry signed this agreement with the intent to grow the cooperation between both countries and regulate smooth trade flows with each other.
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Vietnam Trade Data

Vietnam Imports-Exports Surged, $26.2 Billion Deficit In 2021

Vietnam trade values are improving this year as compared to the COVID-19’s period for global trade. The imports and exports of Vietnam accounted for 11,971 billion and $345.3 billion in 2020. Post-COVID, these values were $303 billion for imports and 329.2 billion for exports in 2021, as per available data till October 2021.
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Global Trade Data

Fatty Acids, Vegetable Oils & Methyl Esters Global Trade Market

Fatty acids global trade valued USD 8,584 million in 2020 and the value of methyl esters imports & exports totalled USD 4,240 million. The vegetable oils (palm oil, sunflower oil, soya-bean oil, rape, colza & mustard oil, olive oil & coconut oil) together contributed trade of about USD 153 billion in the said year. Export Genius global research report provides a detailed analysis of global imports & exports of fatty acids, vegetable oils and methyl esters.
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India Trade Data

India's Coal Crisis – Key Factors of Coal Shortage and Data Analysis

The post-COVID scenarios have risen a demand in the agriculture sector and industrial groups for using electricity more efficiently. Since the economy’s rebound in the post-COVID 19, industries have ramped up their production and offices have reopened, resulting in energy demand. This was further heightened by the coal crisis in India, taken into account recently.
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Global Trade Data

Water Soluble Packaging Will Most Probably Replace Polythene

As we are all aware, the fact that polythene is the highest-consumed polymer product, yet the biggest threat to our environment. Being a non-biodegradable waste, polythene doesn’t dissolve in the soil of the environment and emit harmful greenhouse gases. Ironically, we are dependent on the same commodity for our basic purposes in our daily lives.
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Global Trade Data

Global Trade Impact of Taliban Takeover Afghanistan – Initial Assessment

The collapse of the Afghani government and the speed at which Taliban forces have taken over the country poses many questions, not least about the country’s economic future and role as a trade route. Global trade is expected to get impacted, particularly India’s trade with Afghanistan as Taliban has stopped movement of cargo through Pakistan. India has long-standing relations with Afghanistan, especially in trade and a large investment into the country.
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Global Trade Data

Tapered Roller Bearing Forecasted To Grow After The Pandemic

Tapered roller bearings are widely used in aviation cargo systems, engines, agriculture, heavy equipment & machinery, automobile industries, etc. Depending on the different roller bearings, it helps in further reducing friction and support both radial & axial loads. Being a significant commodity in major machinery, tapered roller bearings are demanded on a global scale.
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Samsung Shifts Manufacturing Unit to Noida

Samsung Shifts Display Manufacturing Unit from China to Noida

Samsung who tops global smartphone market with 23% share in Q1 2021, has shifted its display manufacturing unit from China to Noida, India. A delegation of Samsung led by the company’s Southwest Asia President & CEO Ken Kang meet with Uttar Pradesh Chief Minister Yogi Adityanath. Earlier in December 2020, Samsung announced to invest Rs 4,825 crore in India for moving display production unit from China to India.
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Global Trade Data

Lead Acid Battery Market – Global Trade Data of Lead Acid Battery

A lead acid battery is electrical machinery, utilized as a system for energy storage and deployed across various applications as a power source. It consists of a sulfuric acid solution electrolyte with lead dioxide cathode and sponge metallic lead anode making these units rechargeable. The global lead acid battery market is projected to cross USD 80 billion by 2027, owing to the growth of industrial, transportation & commercial sectors, according to market research reports.
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Global Trade Data

GPS Tracking Device Market – Global Trade Data of GPS Tracking Device

When it comes to human security while moving in a person or vehicle, a GPS tracker is playing an efficient role in identifying exact location of that person or vehicle. A GPS tracker is a device by which a person can track and determine location & map out of the path by which they are meant to follow. This device is usually used by a moving individual or vehicle they are meant to follow. In recent times, people have learned about the use of GPS tracking device and so the global market of GPS tracking device is growing.
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Global Trade Data

Global Power Plant Air Cooling System Trade – Import Export Data

Global imports and exports of power plant air cooling system valued USD 9,068 million and USD 8,859 million in 2020 respectively. According to Export Genius global power plant air cooling system market, Russia stood as the world’s largest importer country of power plant air cooling system with a share of 11.6% reported in 2020. In terms of exports, Germany was the world’s top exporter country of power plant air cooling system with a share of 21%. Let’s analyze global trade of power plant air cooling system.
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India Trade Data

Cyclone Tauktae & Yaas Effect on Indian Industries – Infographic

A cyclone is a natural disaster, which not only destroys human lives but impacts businesses as well. The two cyclones Tauktae and Yaas hit west and east coast of India in May 2021 and damaged infrastructure, destroyed lives and affected imports & exports at ports of India. The impact of cyclones was majorly on fishing industry and total marine activities were shut down before, during and after landfall. Our India trade data shows how cyclones have impacted various markets that are crucial for India’s economy.
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India Trade Data

India's Trade Deficit Hit An Eight-Month Low Count

India’s trade deficit, as seen in the data officially released on Wednesday, appears high as domestic demand for several goods and services surged. Preliminary data released by the Commerce and Industry Ministry showed the trade deficit of May 2021 widened to $6.32 Billion from the previous year trade deficit of May 2020 as $3.62 Billion. India import export data shows that imports of the country in the year 2021 have risen up much faster than previous year as domestic demand and demand for raw materials as well is on the top.
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Global Trade Data

Air Cooling Condensers Market Forecasted To Escalate

The market value for air cooling condensers has reached $427.6 million, and is expected to reach $362.7 million by the end of 2026. COVID-19, however, has impacted the global share in product’s trade in comparison to what growth it had each year. We will look at the export data of air cooling condensers of top countries. You can get in-depth information on air cooling systems of power plants and trade data from Export Genius.
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Global Trade Data

Butyl Rubber Market Expecting To Witness Really High Demands

Butyl rubber which is also called Isoprene Isobutylene Copolymer, in which isoprene is a main component, and is manufactured by the process of copolymerization of isobutylene. Butyl rubber market is observed this year to rise with the increasing demand. The rise in demand for rubber is due to the rising demand for the products associated with butyl rubber.
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Global Trade Data

White Mineral Oil Trade Show Rising Factors For The Future

White mineral oils are used for several purposes such as serving as a blending base for pharmaceutical products and personal care. It is used as a major component in most products such as typically sunscreen, antibiotics, tissues, baby oils, and more. Earlier, they were more commonly used for working just as petroleum and fuels for many automobiles and machines. But awareness among people about its significance has raised its demand and usage in general aspects of everyday lives.
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Global Trade Data

High and Ultra High Molecular Weight Polyethylene Trade Likely To Rise

The High and Ultra High Molecular Weight Polyethylene market is receiving a continuous rise in demand and consequently growing from the past few years. The top-notch polyethylene key players such as Asahi Kasei, Beijing Eastern Petrochemical, Braskem, Celanese Corporation, Dow Chemicals Company, Dupont, Eni Chemicals, Exxon Chemicals, LyondellBasell, Mitsui Chemicals, Quadrant (Mitsubishi Plastics), Saudi Basic Industries Corporation, Ticona (Celanese),
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Global Trade Data

Polyvinyl Alcohol Fiber Market Showing Surges In Coming Years

Polyvinyl Alcohol Fiber (Vinylon Fiber) is a component used as an aid in suspension polymerization, and is being used in different regions for different purposes. In the year 2021, the market for Polyvinyl Alcohol Fiber has shown a constant demand precisely due to the fact that the pandemic has created huge demand for a lot of potential goods and raw materials.
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India Trade Data

India’s WPI Inflation Rises to 10.49% in April 2021 – India Trade Data

India’s Wholesale Price Inflation (WPI) on a month-on-month basis stood at a record high of 10.49% in April 2021, amid coronavirus pandemic and primarily due to a rise in prices of crude petroleum oil, mineral oils like petrol, diesel, etc. and manufactured products. Talking about India’s trade, as per Export Genius, India’s imports totaled USD 496.7 billion from Jan 2020 to Mar 2021. India export data shows, value of export shipments departed from India during given period totaled USD 352.1 billion.
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US Import Export Data

U.S. Import & Export Prices Increased in March 2021 – US Trade Data

The United States of America recorded an increase in import and export prices in March 2021. As per Export Genius US trade data and analytics, the price index for U.S. imports rose 1.2% in March 2021 following a 1.3% advance in February and 1.4% increase in January. U.S. export prices increased 2.1% in March, after 1 1.5% rise in February and 2.6% rise in January this year. See a larger picture of US import and export market from U.S. import export data.
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China Import Export Data

China’s Imports and Exports Rise in March 2021 – China Trade Data

China’s exports increased at a robust pace in March 2021 in yet another boost to the nation’s economic recovery as global demand of goods picks up amid progress in worldwide Covid-19 vaccination. Also, China’s imports surged to the highest in four year during March 2021. As per Export Genius China trade data, China’s exports in dollar terms soared 30% in March from a year earlier, but a slower pace from a record 154% growth in February.
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India China Trade Data

China Continues to Stand Top in the India-China Trade Relations

China export data implies how China has been the biggest exporter in the world for its goods manufacturing since 2009, ranked #2 after USA. According to India trade data, top 3 India trading partners are – China, USA, and UAE. China ranks at #1 in India-China import-export. India-China trade relations collapsed due to several disputes involving military and economic issues. The impact can be seen in the India-China trade data.
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US Import Export Data

U.S. Import Export Prices Up in November 2020 – U.S. Trade Data

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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UK Trade Data

No Deal Brexit Impact on UK Import Export – Understand UK Trade Data

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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Global Trade Data

Global Trade and New Year Holidays – Considerations for Your Business

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 Trade Data

Singapore’s Top 10 Trading Partners – Singapore Import Export Data

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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Singapore Import Export Data

How to Get Singapore Import Export Data?

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 Trade Data

What does Singapore Imports and Exports?

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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Singapore Trade Data

How to Expand Import-Export Business in Singapore?

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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India Import Export Data

India Imports Exports 2020 Amid Covid-19 - India Import Export Data

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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Global Trade Data

Acyclic Hydrocarbons Imports and Exports – Global Trade Data

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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India Export Data

Polyethylene Import Export Data – Polyethylene Trade in Middle East

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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Import Export Data

Disinfectants Import Export Data – Global Trade of Disinfectants

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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Import Export Data

How to Choose Products for Import-Export Business?

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 China Trade Data

India-China Trade Data – India’s Trade Deficit with China Widens

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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Bangladesh Import Export Data

How to Expand Import and Export Business in Bangladesh?

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 Import Export Data

Doing Import and Export Business in Turkey - 4 Market Ideas

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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Global Trade Data

How Coronavirus (Covid-19) is Disrupting the Global Fashion Industry?

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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Global Trade Data

Coronavirus (Covid-19) Impact on Global Cement Industry

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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Global Trade Data

Coronavirus Impact on Global Economy – Covid-19 Crashes 2020 Market

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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India China Trade Data

Coronavirus Impact on Indian Sectors Overdependent on China

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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Cannabis Trade Data

How Coronavirus (Covid-19) Pandemic will Impact the Cannabis Industry?

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 Products Import Export Data

Jute Products Global Imports and Exports – Jute Bags & Fabrics Trade

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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Coronavirus and Global Tech Industry

Coronavirus and Technology Sector – 5 Affects on Tech Industry in 2020

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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Chemical Industry Trade Data

Covid-19 Impact on Global Chemical Industry – Initial Analysis

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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Energy Industry Import Export Data

Coronavirus Outbreak Impact on Global Energy Industry

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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Crude Oil Trade Data

Coronavirus and Global Oil Market – Impact and Future Possibilities

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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Global Trade Data

Coronavirus and Global Trade – COVID-19 Outbreak to Hit Global Economy

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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Turkey Import Export Data

How to Find Turkish Importers and Exporters? Turkey Trade Data

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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USA Import Export Data

USA Import Export Data – Ways to Find US Import & Export Companies

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 Trade Data

Tanzania Trade Data – Tanzania Import Export Market Watch

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 Import Export Data

Liberia Imports and Exports – Liberia Trade Outlook and Statistics

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 Import Export Data

Botswana Imports and Exports Products – Botswana Trading Partners

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 Trade Data

Vietnam Ranks 3rd in Top Trade Performers of ASEAN – Vietnam Trade Data

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 Import Export Data

What Does Indonesia Import & Export? How to Find Importers & Exporters?

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 Importers Exporters

6 Most Significant Sources to Find Importers/Exporters in Mexico

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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Philippines Trade Data

Philippines Trade Gap Narrows in June 2019 – Philippines Trade Data

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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US Mexico Import Export

Mexico is Now Biggest Trading Partner of USA, Ahead of Canada & China

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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DR Congo Trade Data

DR Congo’s Top 5 Imports & Exports – DR Congo Trade Data & Statistics

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 Imports and Exports

Venezuela Imports and Exports 2018 – Venezuela Trade Data

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 Import and Export Data

Philippines Imports and Exports 2018 – Philippines Trade Statistics

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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Philippines Trade Data

Philippines Trade Data – A Market Research Platform (Infographic)

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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Import Export Business

How to Boost Your Import Export Business in Africa Region?

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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USA Pork Exports

China Raises Import Tariff on USA Pork and Pork Variety Meat

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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Electrical Energy Industry

Electricity Sector in India – Production, Consumption, Imports & Exports

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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Letter of Credit

Letter of Credit in International Trade – A Detailed Overview

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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Trading Partners of India

Who are the Largest Trading Partners of India?

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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Glass Import Export

India Trade of Glass and Glassware Products – Indian Glass Industry Report

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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Export Import Data

5 Most Effective Ways to Find Buyers & Suppliers of India in 2018

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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China Importers Exporters

How to Find Buyers & Suppliers in China? China Importers Exporters List

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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Sulfonamides Global Market

Sulfonamides Global Trade Analysis by Market Trends, Country & Region

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 Global Market

Geogrid Imports and Exports in Global Market – Geogrid Trade Statistics

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 Trade

Nitric Acid Global Industry – Market Analysis by Trade, Country & Region

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 Trade

Acrylic Acid World Market Outlook – Acrylic Acid Global Trade Statistics

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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Antibiotics Global Trade

Antibiotics Imports Exports in Global Market – Antibiotics Trade Statistics

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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cosmetic pigments trade

Cosmetic Pigments Global Trade Report – Germany, US & China Top Traders

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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Fatty Alcohols Global

Fatty Alcohols Global Trade Overview – Fatty Alcohols Market Report

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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Zinc Chemical Industry

Zinc Chemicals Industry Report – Zinc Oxide is Top Traded Zinc Chemical

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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Carbon Black Trade

Carbon Black Imports and Exports in World – Carbon Black Industry Report

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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US Chemical Industry

US Trade of Chemical Industry – Imports & Exports of Chemical Products

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 Trade Data

Ammonia Trade in Global Market – Imports & Exports of Ammonia Products

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 Industry Report

Indian Pesticides Industry Report - Pesticides Import Export Statistics

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 Chemical Industry

China Chemical Imports and Exports – China Chemical Industry Trade Report

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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Glycerine Trade Statistics

Imports & Exports of Glycerol in the World – Glycerine Trade Statistics

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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Caustic Soda Suppliers

Caustic Soda Imports & Exports – Global Caustic Soda Industry Analysis

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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USA Energy Industry

United States Top Import and Export Products of Energy Industry

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 Trade

World’s Top Trading Countries of Coal Gas, Water Gas & Similar Gases

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 Products

Petroleum Jelly Imports Exports in World – China & USA are Top Traders

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 Trade

What is Global Trade Picture of Natural Gas in Liquefied & Gaseous Form?

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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Coal Tar Oil

Which are the World’s Largest Trade Areas of Coal Tar Oil?

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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Electrical Energy Trade Data

How Top Electrical Energy Trading Countries Performed in 2016?

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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Pet Coke Imports Exports

Pet Coke Imports Exports in World – India & US are Top Pet Coke Traders

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 Importer and Exporter

Top 10 Coal Importer and Exporter Country - Coal Industry Market Report

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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Russia Import Export Data

5 Best and Easy Ways to Find Importers and Exporters in Russia

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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Indonesian Importer Exporter List

How to Find Trusted Importers and Exporters in Indonesia?

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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Exporters in Philippines

10 Best Ways to Find Importers and Exporters in the Philippines

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 Trade Data

CIS Countries Trade Data – Import Export Scenario of CIS Nations

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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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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Alcoholic Beverage Exporting

Top 5 Alcoholic Beverage Exporting Countries of India

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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Printing Machine Data

Global Trade of Printing Machinery Stood Above USD 90 Billion in 2016

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 Trade Data

Vehicles Import Export - Germany Top Vehicle Exports Market

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 Data

Electrical Machinery is the Most Traded Global Product

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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Rubber Data

Rubber Export Import in World - Trade Statistics & Country Outlook

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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Natural Gas Data

Natural Gas Import Export Data-International Trade Outlook

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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Machines Trade Data

USA & China Top in Automatic Data Processing Machines Global Trade

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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Miscellaneous Chemical Data

Import and Export of Chemical Products Crossed USD 170 Billion

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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Gold Data

Gold Import Export Data - World’s Largest Gold Traders

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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Countries of Wood

Wood Import Export Data – 5 Largest Countries of Wood Articles

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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Steel Trade Data

Import Export of Iron and Steel - Iron and Steel Industry Trade Data

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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Footwear Trade Data

Footwear Exports Fetch USD 133 Billion in 2016 Globally

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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Furniture Trade Data

China Furniture Exports Represent 38% Worldwide

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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Chemicals Trade Data

Organic Chemicals Trade Data - A Comprehensive Global Market Outlook

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 Trade Data

Plastic Import Export Data-China is No.1 Plastic Trader Country

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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International Diamond Trade

USA in Imports & India in Exports Top on International Diamond Trade

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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Exports and Imports

Germany is 2nd Largest Country in Exports and Imports of Aluminium

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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Top 10 Petroleum Importer and Exporter Countries

Top 10 Petroleum Crude Oil Importer and Exporter Countries

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 import export data

Pharmaceuticals Import Export Data 2016 - A Global Analysis

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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palm oil import export

Palm Oil Export and Import - Global Market View with Trade Statistics

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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