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Global Trade

Logistics Disruptions’ Impact on US and EU Apparel Supply Chains

Global apparel industry has exposed to the shipping disruptions caused by violence in the Red Sea. Shipments from Asia by sea that may need to use the Suez or Panama Canals accounted for 51% of EU imports of apparel and footwear in the 12 months to Nov 30, 2023. The ratio of the United States is lower at 30% as only shipments to US east coast counted. In 2023, US and EU imports of apparel showed a decline as compared to the previous year.
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India Trade

India’s Toys Export Surge By 239% - China’s Loss and India's Gain

Remember the childhood days spent hours in the ground with plastic soldiers, tanks, and guns or afternoons spent making the dream world with clays, bricks, painting etc? The memories of childhood toys are about to be replaced with the taste of Indian culture and uniqueness as India is expanding its toy market worldwide by exporting toys.
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India Trade

India Beef Exports Up and U.S. Beef Exports Down in 2023 – Market Analysis

India is having largest livestock population including buffaloes, sheep & goats, pigs, and poultry, which are generally used to produce meat products. The beef sector is a significant contributor to the country’s food industry and is driven by a growing demand for beef products, particularly in developing countries where populations and income levels are rising. Top beef consumers include the United States, Brazil, China, the European Union, India, Argentina, Mexico, Russia, Japan, the United Kingdom, and Canada.
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India Trade

India Aims to Become the Pharmacy of the World: Securing its Future

India, the fastest-growing economy in the world, and the emerging leader in the Global South, announced a visionary plan to make India a manufacturing house for life-saving drugs and critical medical devices. This strategic move, taken by the Indian health minister will completely transform the Indian pharmaceutical industry from net importers to net exporters.
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