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RTA Furniture Trade

RTA Furniture Market Show Promising Growth Opportunities

RTA Furniture stands for the “ready-to-assemble” furniture, which involves the DIY process of bringing up together the parts of furniture together and manufacturing it in a finished product. RTA furniture is relatively a cheaper option for buying the furniture, but comparatively more strenuous than fully-assembled furniture. RTA furniture had a growth of 12% in total quantity imported over all the world comparatively in addition to the previous year from 2020 (2019).
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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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Asia Trade Data

Asia Trade Data – Find Import Export Data of Asian Countries

Asia is the biggest and most populous continent in the world. According to Asia trade data, more than 50 Asian countries are trading in the global market. We at Export Genius track trading activities of eight Asian countries including China, India, Indonesia, Japan, South Korea, Pakistan, Philippines, Sri Lanka and Vietnam. Let’s know the facts about Asia trade data.
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Regional Trading Blocs

10 Major Regional Trading Blocs in the World

Trade blocks are the groups of countries which are establishing the preferential trade arrangements among member countries. It is a group of countries within a specific geographical boundary. There are four types of trading bloc such as preferential trade area, free trade area, customs union and common market. Here is the list of 10 major regional trade blocs across the world.
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Russia Trading Partners

Russia Top Trading Partners in 2017 – Russian Import Export Statistics

Russia has a mixed economy with an upper-middle income group and enormous natural resources, particularly natural gas and oil. It has the 12th largest economy in the world by nominal Gross Domestic Product (GDP) and the 6th largest by Purchasing Power Parity (PPP). According to a report on Russia imports and exports released by Export Genius, Russia’s imports rose to USD 226 billion in 2017 from 2016’s USD 182 billion.
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Mexico Trading Partners

List of the Largest Trading Partners of Mexico

Mexico is one of the largest goods trading countries in the world. United States, followed by Germany, is the largest trading partner of Mexico. The country has the 11th largest economy by purchasing power parity and 15th largest by nominal GDP. Mexico is 13th largest exporter country in the world and 12th largest importer country. Mexico is also a member of various trade organizations such as APEC, NAFTA, OECD and WTO.
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Philippines Trade Partners

Top 10 Trading Partners of the Philippines 2017

Philippines is one of Asia’s fastest growing economies. It is a densely populated island having more than 100 million residents located in south-east Asia. Philippines exports stood at USD 63.23 billion and imports stood at USD 98.48 billion in the year 2017. China, Japan and United States are the largest trading partners of Philippines. The country is also a member of various trade organizations such as APEC, ASEAN, WTO, EAS, AFTA and others.
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Brazil Trade Data

Brazil Main Trading Partners 2017 – China Top Brazilian Trade Partner

Brazil’s imports valued at USD 150 billion in 2017, which rose from 2016’s 137 billion. And Brazil’s exports valued at USD 217 billion in 2017, which increased from USD 185 billion in 2016. This means, the country recorded trade surplus of 67 billion in 2017 as its exports were higher than its imports. Brazil has played a major role in the global market during past few years. It is being an emerging economy and still developing economically.
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India CIS Trade

India’s Trade Relations with CIS Countries – India CIS Trade Statistics

CIS stands for Commonwealth of Independent States which was founded in 1991 after the dissolution of the Soviet Union. At present, there are 12 members in CIS region including Azerbaijan, Armenia, Russia, Ukraine, Kazakhstan, Belarus, Turkmenistan, Uzbekistan, Georgia, Moldova, Kyrgyzstan and Tajikistan. The relations between India and CIS countries have remained close and bilateral trade are still to achieve its true potential.
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India ASEAN Trade

ASEAN Countries Trade with India in 2017 – India ASEAN Trade Relations

The trade relationship between India and South East Asian Nations have continued to improve and developing at moderately a fast pace during last decade. India and ASEAN are currently negotiating agreements on trade in services and investment. In 2009, India signed a free trade agreement with ASEAN countries and made an agreement that both will lift import tariffs on most of the traded products. Indo ASEAN FTA will have several negative impacts on the economy.
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ASEAN Trade Outlook

Intra ASEAN Trade Outlook – ASEAN Relations with India, China & US

Total trade balance of ASEAN countries amounted to USD 78 billion in 2016, which was trade surplus. ASEAN exports & imports valued at USD 1182 billion and USD 1104 billion respectively. According to a report on ASEAN trade released by Export Genius, Indonesia is the largest importer country & Singapore is the largest exporter country among ASEAN group. If ASEAN were a single entity, it would rank as the 6th largest economy in the world, behind the United States, China, Japan, France & Germany.
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Brazil and China Trade

Trade Relations among BRICS Countries – Intra-BRICS Trade Statistics

BRICS is the acronym used for an association of five major emerging national economies: Brazil, Russia, India, China and South Africa. Before induction of South Africa in 2010, it was BRIC. The first BRIC summit was held at Yekaterinburg city of Russia on 16th June 2009. The last BRICS summit was held between 3 Sept and 5 Sept 2017 at China’s Xiamen city. The bilateral trade among BRICS play a major role in world’s economic development.
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