Tag: exports
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China’s Economy Suffers New Blow as Exports Drop 14% in July
[ad_1] Hong Kong- In a significant blow to the world’s second-largest economy, China’s exports experienced their largest decline in more than three years in July as global demand faltered. Chinese customs statistics released on Tuesday revealed a 14.5% drop in the value of exports measured in US dollars compared to the same period last year. This…
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China starts restricting exports of germanium and gallium for tech product manufacturing
[ad_1] In context: Germanium and gallium are instrumental in manufacturing power chips, radio frequency amplifiers, LEDs, and many other silicon-based components. They aren’t scarce metals, but China has been providing the world with cheap germanium and gallium for decades. However, new policy changes could affect global supplies. China recently announced new export restrictions on germanium…
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India rice exports ban could impact Canada: expert
[ad_1] After a poor growing season in June and July, India banned the export of non-basmati rice to trade partners including Canada last week. The government of India published the notice last Thursday, explaining that a late seasonal start to monsoon rains harmed crops and prompted fears of a production shortfall in the…
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China restricts exports of high-performance drones in blow to DJI
[ad_1] China said on Monday that it will impose export controls on certain high-performance drones with both commercial and military potential applications to prevent their use by armed forces, in a setback for strong exporters such as Shenzhen-based drone maker DJI. Why it matters: The measure is an extension of an existing export ban on…
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Value of Iran’s non-oil exports to Austria sinking
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Türkiye reveals volume of ready-made clothing exports to Germany
[ad_1] BAKU, Azerbaijan, July 14. Exports of ready-made clothing from Türkiye to Germany from January through June 2023 decreased by 14.8 percent to $1.6 billion compared to the same period last year, Trend reports. In June, exports of ready-made clothing from Türkiye to Germany decreased by 13.9 percent to $286.1 million compared to the same…
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The Central Asia Connexion: How Belarus bypasses the European embargo on timber exports
[ad_1] After sanctions were imposed by the European Union on the export of Belarusian potassium fertiliser and timber, the volume of smuggled cigarettes entering Lithuania decreased significantly. According to Lithuanian Customs figures, intercepted smuggled tobacco products from Belarus to Lithuania decreased over 2.5 times in 2022. Before that, confiscated cigarette contraband grew exponentially. In 2019,…
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Iran’s non-oil exports to Azerbaijan: volume rises, value drops
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Predominantly digital exports fuel India’s services trade, shows data
[ad_1] India appeals to the void in WTO dispute over ICT tariffs on mobile phones Centre to come up with a single trade body to promote exports: Report Top headlines: WTO ICT levy dispute, Micron’s semiconductor plant & more Online monitoring portal to give ‘Districts as Export Hubs’ plan a leg-up Recent numbers show FY24…
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Russian oil exports hit post-invasion high
[ad_1] Russia exported extra oil in April than in any month since its full-scale invasion of Ukraine final yr, with nearly 80 per cent of crude shipments flowing to China and India, in accordance with the Worldwide Power Company. Russian oil exports edged up by one other 50,000 barrels a day in April to a…