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A service for international trade professionals · Wednesday, February 8, 2023 · 615,753,904 Articles · 3+ Million Readers
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International Trade Newswire

  • Published on Feb 7, 2023

    America's trade deficit surged in 2022, nearing $1 trillion

    WASHINGTON — The overall U.S. trade deficit rose 12.2% last year, nearing $1 trillion as Americans purchased large volumes of foreign machinery, medicines, industrial supplies and car parts, according to data released Tuesday by the Commerce Department. …

    Source: The Spokesman-Review - Washington State - Neutral
  • Published on Feb 7, 2023

    French minister: International trade faces ‘paradigm shift’, EU industrial plan key

    Trading with international partners at “whatever costs” no longer makes sense, French Trade Minister Olivier Becht said, urging that the EU must react to the US Inflation Reduction Act with an industrial plan. Becht spoke of a true “paradigm shift” in the …

    Source: EurActiv - Neutral
  • Published on Feb 7, 2023

    Canada Goods-Trade Deficit Narrows in December -- Update

    By Robb M. Stewart OTTAWA--Canada's merchandise-trade deficit with the rest of the world narrowed in December as consumer goods imports fell for a third straight month and energy products again dragged on exports after a drop in crude oil prices. The …

    Source: MarketWatch - Neutral
  • Published on Feb 7, 2023

    Nepal Launches National Pashimna Sector Export Strategy

    Industry Minister Damodar Bhandari and Director for Middle East , Asia & Pacific Peteris Ustubs and ITC Director and Ashish Shah ITC jointly launched the National Pashmina Sector Export Strategy 2022-2026, a pioneering document for pashmina export amid …

    Source: New Spotlight Nepal - Uncategorized
  • Published on Feb 7, 2023

    Hinson Helps Introduce Agriculture Export Promotion Act

    WASHINGTON, D.C. – Rep. Ashley Hinson (R-IA-02) helped introduce the Agriculture Export Promotion Act with Rep. Dan Newhouse (R-WA-04), Rep. Tracey Mann (R-KS-01), Rep. Brad Finstad (R-MN-01), Rep. Jimmy Panetta (D-CA-19), Rep. Jim Costa (D-CA-21), Rep. …

    Source: Independence Bulletin Journal - Iowa - Neutral
  • Published on Feb 7, 2023

    Cambodia seeks to export rice to Philippines

    Official delegates from Cambodia and the Philippines join for a photo op in Manila. Ministry of Commerce Cambodia and the Philippines may re-sign the memorandum of understanding (MoU) using the nation-nation mechanism that enables free trade in rice. The …

    Source: Khmer Times - Gov't Propaganda
  • Published on Feb 7, 2023

    Trade ministry to support enterprises in boosting exports

    VIETNAM, February 7 -   HÀ NỘI The Trade Promotion Agency under the Ministry of Industry and Trade (MoIT) will collaborate with relevant agencies in carrying out measures to help enterprises expand their shares in foreign markets, said Vũ Bá Phú, head of …

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  • Published on Feb 7, 2023

    Taiwan’s Exports Fall by Most Since 2009 as World Demand Weakens

    (Bloomberg) -- Taiwan’s exports fell by the most since 2009 last month as waning global demand for technology products and the Lunar New Year holiday weighed on international trade. Overseas shipments declined 21.2% in January from a year ago to $31.5 …

    Source: BNN Bloomberg - Neutral
  • Published on Feb 7, 2023

    'A time-consuming nightmare': bosses hit out at Brexit impact on exports

    One Dorset boss has called Brexit the “biggest ever imposition of bureaucracy on business”. The comments came following a recent survey of more than 1,168 businesses by the British Chambers of Commerce. It found 92 per cent of businesses reporting …

    Source: Daily Echo - Neutral
  • Published on Feb 7, 2023

    Cambodia seeks rice exports to Philippine market

    Meeting between the Cambodian delegation and Philippine officials to discuss rice trade. Fresh News In order to expand the rice market and exports, a delegation of the Ministry of Commerce and the Cambodia Rice Federation (CRF) visited the Philippines and …

    Source: Khmer Times - Gov't Propaganda
  • Published on Feb 6, 2023

    International Trade Minister Tengku Zafrul 'optimistic' Malaysia won't slide into recession

    KUALA LUMPUR, Feb 6 — International Trade Minister Datuk Seri Tengku Zafrul Abdul Aziz is optimistic that Malaysia will not slide into recession even as growth is expected to slow down amid a volatile year. “On the issue of recession, I am optimistic there …

    Source: The Malay Mail Online - Neutral
  • Published on Feb 6, 2023

    Vehicles drive growth for Alabama’s export machine

    Alabama-built vehicles are blazing a trail in the global economy, ranking as the state’s top export product and serving as a brand ambassador that landed in 73 foreign countries in 2021. More than $7.7 billion in Alabama vehicle exports were recorded in …

    Source: Yellowhammer News - Alabama - Right-wing
  • Published on Feb 7, 2023

    Cargo Handling Equipment Market Size to Boost $30.4 Billion By 2025 | CAGR 3.2% - IndustryARC

    Rise in Business through Seaborne Routes is One of the Major Factor Driving the Growth of the Cargo Handling Equipment Market HYDERABAD, TELANGANA, INDIA, February 7, 2023 /⁨EINPresswire.com⁩/ -- IndustryARC, in its latest report, predicts that …

    Distribution channels: Automotive Industry ...
  • Published on Feb 6, 2023

    Alabama exports near $23.4 billion in 2022

    The Alabama Commerce Department reports that the state’s exports were up in 2022. According to preliminary trade data, Alabama exports approached $23.4 billion in value through November — a figure that already eclipses the annual record of $21.7 billion, …

    Source: Alabama Today - Center-right
  • Published on Feb 7, 2023

    Sunak breaks up business department to refocus on energy and science

    Rishi Sunak has sought to galvanise his government’s growth plan by breaking up its business department, despite warnings that the shake-up could prove a costly distraction. Sunak used a reshuffle to fill the vacant post of Conservative party chair and to …

    Source: The Financial Times - Neutral
  • Published on Feb 7, 2023

    How Are The Leading Countries Faring On The Path To Net Zero?

    Authored by Wood Mackenzie's Prakash Sharma and David Brown In the run-up to the COP27 climate conference in Egypt, more than 80 countries announced pledges to reach net zero emissions around mid-century. Most Organisation for Economic Co-operation and …

    Source: Forbes - Neutral
  • Published on Feb 6, 2023

    What are the top exports of the European Union to Oman?

    Muscat: The European Union's exports to the Sultanate of Oman are close to $3 billion, Trading Economics Research Foundation, said. The most important exports being machinery and boilers, electrical and electronic equipments, vehicles and …

    Source: Times of Oman - Pro-Government
  • Published on Feb 6, 2023

    Vietnam leads Southeast Asia in wooden furniture exports to Australia

    Hanoi (VNS/VNA) - Wooden furniture exports from Southeast Asian markets to Australia grew sharply in the past year, with Vietnam leading the way on 205.6 million USD, up 26.4% year-on-year. Vietnam is followed Malaysia with 101.9 million USD and …

    Source: VietnamPlus - Gov't Propaganda
  • Published on Feb 6, 2023

    Việt Nam leads Southeast Asia in wooden furniture exports to Australia

    VIETNAM, February 6 - HÀ NỘI — Wooden furniture exports from Southeast Asian markets to Australia grew sharply in the past year, with Việt Nam leading the way on US$205.6 million, up 26.4 per cent year-on-year. Following Việt Nam is Malaysia with $101.9 …

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