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Global Trade

Europe Methane Imports Curb To Benefit Producers and the Planet

EU’s long-running ethical trial over the high emissions from fossil fuel importation has finally been tackled. The EU will curb the imports of fossil fuels such as coal, gas, and oil to curb the high carbon emissions. The EU is highly responsible for high emissions of greenhouse gases such as carbon dioxide and methane from the importation of fossil fuels. Since the pandemic in 2020, many environmentalists have urged the EU to take a step. The EU has finally taken a step.
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India Trade

FDI Entry In India Increasing With The Electronic Exports Making It A Hub

The rise of India as a hub for manufacturing electronics is in an upward position and the electronics exports have also increased from the country this year. Currently, the electronics sector of India stands at a value of $155 billion, with 65% accounting for domestic production. Electronics exports come under the top 5 exported commodities by India, with a 5.8% share value in 2022.
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India Trade

India Remains on Top in Asia for Demand of Polyolefins Chemicals

India is expected to remain on top in Asia for demand of petrochemical in 2024 given its strong economic growth and resilient industrial production. However, the greater demand is unlikely ro bring much relief to domestic producers struggling with pressure on margins as prices of key chemicals in bulk are expected to remain suppressed due to ample supplies and new capacities coming on stream. According to a report, India’s market for chemical commodities is predicted to grow at around 7% in 2023 and 8% in 2024.
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US Trade Data

US LNG Exports to Asia and Europe – Steep Competition Ahead for Regions

The United States LNG continues to find a home in Europe as forecasts of lower temperatures to storm the market, bringing a steep competition for Asian region. The U.S. also supplies liquified natural gas (LNG) to Asia, so the fight for additional spot volumes will be increasingly important this winter. Once a cold snap hit the market, Asia and Europe will be battling with receiving the extra LNG cargoes out of the United States.
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USA Trade

The Top Recovered Paper Market Is Suffering This Year, Exports Are Falling

The US is at the pinnacle of recovered paper markets. It has been at the top of countries even more than the country where paper was invented and once was the top export destination for the US, China. The US is the top exporting country of recovered paper (Heading 4707). However, the top market for the recovered papers has been going through a phase with fluctuations and turmoil.
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