2023-10-13 18:47:16 India’s merchandise exports fell 2.6% year on year to $34.5 billion in September even as the government revised upwards the export growth in August to 3.88% from a 6.8% contraction reported earlier. A sharper decline of 15% in imports narrowed the trade deficit to a five-month low of $19.4 billion in September from … Read more
2023-10-02 23:06:00 China is the leading importer of frozen beef in the world, with a global market share of 43%. The Minister of Agriculture and Rural Development, Jhenifer Mojica, announced that the first shipment of beef to the People’s Republic of China will be in the first half of 2024. In addition, she explained the … Read more
2023-09-03 14:35:31 India’s petroleum products (POL) exports are expected to be healthy, with shipments clocking 13 per cent M-o-M growth in the first three weeks of August, aided by weaker domestic demand and strong export demand, particularly from Southeast Asia and Africa. However, exports from the world’s fourth-largest refiner are likely to soften beginning in … Read more
2023-08-27 10:20:39 India’s petroleum products (POL) exports rose 8 per cent m-o-m and 15 per cent on an annual basis in July 2023 aided by higher outbound shipments of diesel during the months, the highest so far in FY24. According to the Petroleum Planning and Analysis Cell (PPAC), India’s POL exports stood at 5.4 million … Read more
2023-08-26 14:01:21 The Peruvian Metalpren, dedicated to the manufacture of all types of metal containers and lids, aims to strengthen its manufacturing capacity, through the implementation of two production lines and more equipment in its plant, with an investment that exceeds $4 million. Through a technical report, the company informed the Ministry of Production (Produce) … Read more
2023-08-26 07:30:00 Gradual resumption of exports of wood and derived products Lack of orders has plagued many wood companies in the first half of 2023. However, analysts note that wood furniture export orders have seen an improvement from the end of the second quarter. >> Approach of VIFA ASEAN 2023 for wooden products and handicrafts … Read more
2023-07-19 06:04:05 Decline in Chinese garment exports to Japan provides an immense opportunity for the Indian apparel industry to boost shipments to the island nation, AEPC said on Wednesday. The Apparel Export Promotion Council (AEPC) said a strong Indian garment industry with its unique offerings has a huge scope for Japanese trading companies to source … Read more
2023-07-03 08:31:57 French manufacturing activity continued to contract sharply in June, still penalized by weak demand, according to the PMI index published on Monday by the firm S&P Global and the Hamburg Commercial Bank (HCOB). The indicator stood at 46 points in June, recovering slightly from the 45.7 points recorded the previous month. An index … Read more