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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India’s sunflower oil imports are likely to fall in the coming months as Russia has withdrawn itself from the Black Sea grain deal.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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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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