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Global Trade Data

The Global Trade Disruptions from a Conflict between China and Taiwan

Recent tensions between China and Taiwan have raised questions about the implications of such a scenario for the global economy. It’s impossible to predict and make any assessment about how this conflict would unfold economic and commercial consequences. Yet the risks of a crisis around Taiwan have risen, making trade-related worries more important than ever for policymakers and business leaders around the world.
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UK Import Data

UK Bans LNG Imports from Russia Completely Effect From 1 Jan 2023

The United Kingdom’s Foreign, Commonwealth and Development Office announced on Wednesday that it will prohibit the imports of Russian LNG. The UK banned Russian LNG imports from 1st January 2023 onwards and put a stop to it completely. The announcement came as an answer to Russia’s invasion of Ukraine that came out in the headlines on February 24, 2023. Since then, both the United Kingdom and the European Union’s member countries have been slacking off their reliance on Russian fuel and oil.
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Indonesia Export Data

Indonesia to Ban Bauxite Exports from June 2023 – Indonesia Export Data

Indonesia will ban exports of bauxite from June 2023. The government has taken the decision to develop a domestic mineral refining and processing industry. As with a previous ban on exports of unprocessed nickel ore, the ban on washed bauxite ore is proposed, forcing foreign companies to invest in bauxite processing facilities in Indonesia, and to increase earnings from the country’s natural resources.
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Bangladesh Export Data

Bangladesh Regains Its Position as Second-Biggest Textile Exporter in 2021

Bangladesh regained its position as the world’s second-largest RMG exporter in 2021 by supplying apparel and clothing worth USD 33.9 billion to the world. That dollar amount rose to USD 37.6 billion during Jan-Nov 2022. Bangladesh shipped apparel & clothing worth USD 27.6 billion in 2020, which held the third position in the market. Who imports Bangladeshi apparel & clothing? What is the market share of Bangladesh in 2022? Get accurate answers to every trade-related question of Bangladesh’s export market of apparel and clothing.
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Israel Import Data

Israel Food Tariffs Removal To Lower Prices, Risk Of Food Insecurity

The Israeli government’s decision to open the domestic market of fruits and vegetables to other countries to invite imports by freeing tariffs is under review. The said decision is being taken by the government of Israel in order to curb the local prices. This decision, however, has implications for a larger threat looming over the long-term food security of Israel and its citizens. The imports are already the highest and fastest growing and combined with other factors, it threatens the food security in Israel.
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