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Showing posts with the label global import export data

Vietnam-New Zealand trade to reach $2 Billion by FY22-23

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  Recently, the New Zealand's prime minister, Jacinda Ardern paid a visit to Vietnam in order to strengthen the bilateral trade with Vietnam. Both the nations are planning to expand the bilateral trade to $2 billion by 2024 with year on year basis. Delegates from both sides have invested in manufacturing, aviation, consulting sectors. As per the Vietnam customs data reports, Vietnam exports to New Zealand are growing at the rate of 19% annually. According to the Vietnam import export data , the key exports from Vietnam to New Zealand were mainly Electrical, Electronics Equipment, Footwear, Machinery, Furniture and Edible Fruits, Nuts  in 2022. Broadcasting equipment covers over 30% of the total Vietnamese exports to New Zealand. Textile footwear, Leather footwear, Coconuts, Cashews, Cleaning goods and Cargo Ships were the emerging products exported from Vietnam. In the financial year 2022, Vietnam exports to New Zealand were around 946 million dollars. On the other hand, Viet...

Turkey to hike 30% import duty on grains amid Ukraine crisis

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  Recently, Turkey government has imposed over 30% hike on import duty of grains. These include wheat, barley, corn, oat, sorghum and rye. This decision came into effect due to global grain amid aborted grain supplies due to the Russia-Ukraine war crisis. Russia and Ukraine cover the maximum portion of Turkey’s grain imports. Also, the one main reason is to sustain its grain imports for the domestic market. Turkey’s Top Grains Imports Wheat Turkey is currently the 5th largest importer of wheat in the world. According to the recent Turkey import export data reports of 2022, Turkey's main grain exports were cotton, soybeans, wheat, tree nuts, food preparations, poultry and forest products. As per the Turkey import data , the wheat imports from Turkey were estimated around 10 billion dollars in FY22. While as compared to the last year, it was 9.4 billion tonnes. The top markets for the imports of wheat from Turkey were Russia, Ukraine, Moldova and Brazil. Since, the wheat supply halt...

Bangladesh Agricultural Exports Market Overview

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  Over the years, the agricultural exports from Bangladesh had seen an upward trend. In the financial year 2022, Bangladesh agricultural exports hit 1.16 billion dollars. Our Bangladesh import export data records, last year exports were around 1 billion dollars.  The top agri goods exports were edible vegetables, coffee, tea, meat, cardamom, saffron, ginger, turmeric, sugar and fruits/vegetable juices. Bangladesh’s most favoured destinations for agri exports were mainly European countries, Saudi Arabia, United Arab Emirates, India, Malaysia and the United States. Experts see a strong growth in agricultural exports from Bangladesh in FY 2023. In this blog, you will come to know about the top agri goods exports from Bangladesh. Top Agricultural Exports from Bangladesh Edible Vegetables Bangladesh's edible vegetables exports down to 15% in the fiscal year 2022. According to the Bangladesh customs data reports, Bangladesh edible vegetable exports were around 100 million dollars ...

Sri Lanka & Bangladesh On Talks To Boost Yarn & Fabric Trade

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  Sri Lanka and Bangladesh are the two most prominent exporters of textiles and fabrics in the world. Sri Lanka and Bangladesh both rely mostly on textile exports. In order to boost their textiles exports globally, both nations are working together. This is also done in the wake of raising bilateral trade among two nations. Bangladesh is currently the 14th most favoured destination for Sri Lankan exports. According to the Bangladesh import export data , the textile exports grew significantly in the fiscal year 2022. For FY22, Bangladesh textile exports were worth 42 million dollars. For the last year, textile exports from Bangladesh were 31 million dollars and in 2020, textiles exports were around 22 million dollars. So, Bangladesh textiles exports saw an upward trend in the global textile market. As per Bangladesh customs data , the most prominent importers of Bangladesh's textiles were Germany, United States, Spain, United Kingdom and Poland. Some of the renowned Bangladesh expor...

Ghana's Rice Imports Hit $560 M in FY23

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  Food security is a major concern in Ghana. The country spent the most on the food grains imports. As per the WTO reports, Ghana's economy is merely 7.7 billion US Dollars in 2022. According to the Ghana import export data records, the major grain imports by Ghana are rice, wheat, pulses, maize and soybeans. Rice is the Ghana's 3rd most imported product For the fiscal year 2022, there was a hefty amount of rice imports done by Ghana. Ghana's rice consumption in 2022 was around 1.2 million metric tonnes. As per the Ghana import data , the total rice exports were around 560 million US Dollars in 2022. The top countries by rice exports to Ghana were Vietnam, Thailand, China, India and Pakistan. Wheat is another major import commodity of Ghana. As per our Ghana customs data , the total wheat imports from Ghana in the financial year 2022 were around 350 million US Dollars. The major wheat exporting countries were Canada, Russia, Lithuania, Ukraine and France. Experts suggest t...

Surge in tropical fruits exports from Turkey

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  Not only for its beauty, Turkey is also popular for its unique fruits. That is why Turkish fruit exports have seen a significant increase from 2018 to 2022. According to the Turkey customs data , the exports of Tropical fruits from Turkey were 4 million US Dollars. In 2021, tropical fruits exports from Turkey climbed to 5 million US Dollars. As per the latest Turkey import export data records, the tropic fruits exports from Turkey jumped to 15 million US Dollars in 2022. The top export categories include pineapple, mango, papaya, kiwi, coconut, dragon fruit, bilberry etc. Turkey exports by country reflect that of the United Kingdom, Germany, United States, Italy and France are the top import markets for Turkish tropical fruits. Currently, Turkey is the world's 9th largest tropical fruits exporter. Let's study the top tropical fruits exports from Turkey. Kiwi Turkish Kiwi's are very popular in the global market. Turkey is the world's 7th largest producer of Kiwis. It...

India, "the second largest supplier of shrimps to USA"

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  Marine Industry covers over 40% of total export revenue for India. Also, India was the largest exporter of shrimp to the United States. But now, India is losing its ground to Ecuador. As it became the largest exporter of shrimps to the USA. Reason being, the lower prices and duty fee. According to the US import data reports, around 2.2 billion dollars of shrimps were exported by India to the USA in 2022. On the other hand, shrimp exports from Ecuador to the United States were estimated to be 2.7 billion US dollars as per our import export data reports. As per India import export data records, other major markets for India's shrimp were China, European Union, Japan, Middle East and South East Asian countries. Indian marine products exports include frozen shrimp, tuna fish, squids, cuttlefish, dried brine, octopus, etc. For the fiscal year 2023, Indian shrimp exports market could seek a positive growth. Indian SeaFood Market India is the second largest marine export market along...

Mexico Tequila Exports Hit Record $4.2 Billion in 2022

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  Mexico is the fastest growing Tequila exports market. Mexico is the leading producer and exporter of Tequila in the world. According to the Mexico import export data reports, the total spirit exports from Mexico were around 4.2 billion US Dollars in 2022. On the other hand, as per Mexico import data, around 338 million litres of wine was imported in 2022. As compared to last year's exports, there is a growth of 34% in 2022. Mexico's Tequila exports market has come a long way since 2012. At that time, it was merely 845 million US Dollars. Our Mexico customs data reports suggest that the United States was the leading importer of Mexico tequila with an import volume of 338 million litres in 2022. Other crucial Mexico tequila importer markets by import volumes were Germany (10 million litres), Spain (9 million litres), France (5 million litres), United Kingdom (5 million litres), Canada (4 million litres), Italy (4 million litres), Australia (4 million litres) and Japan (2 mil...

India's Agricultural Exports to Russia hit $48 M in February

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  For the financial year 2022, India and Russia trade hit 30 billion US Dollars. The trade is mostly dominated by Russian exports. According to the India customs data directed from Russia, Imports from Russia were around 27 billion US Dollars in 2022. Crude oil exports from Russia grew significantly over the years especially after the Ukraine. Crude oil imports grew by 27% in the fiscal year 2022. It covers over 85% of total India's exports worth over 13 billion US Dollars in 2022. Other Crude Oil exporters to Russia were Iraq and Saudi Arabia. While our India import export data records reflect that India's exports to Russia were estimated to be 3 billion US Dollars in 2022. These mainly include agricultural goods, engineering goods, pharmaceuticals, chemicals, tea, coffee and marine products. Agricultural exports to Russia had seen a rapid growth of 48 million US Dollars as compared to 37 million US Dollars in 2021. As per India export data , Pharmaceuticals and electronics ...