The USA and China, are the largest economies in the world with a bilateral trade value of more than $500 billion in 2023. With their immense potential for manufacturing processes, they dominate the global export market, benefitting the export and import businesses globally. However, this billion-dollar trade has been strained in the last few years […]
Category: Market Trend
Germany, the heart of Europe, is experiencing a slowdown in economic activity in a couple of months. A series of factors, including supply chain disruptions, Geopolitical challenges, and global downturn, are responsible for this weakening demand in May and June. This all together affecting the Germany’s trade performance. Despite these challenges, Germany’s economy remains the […]
The demand for marine and fisheries products portrays the billion-dollar market opportunity seafood products globally. Among these, some countries’ coastal boundaries provide a competitive edge with the perfect oceanic and climate conditions. Despite having a vast source of seafood products, countries failed to capture shares in the global market. This happens due to the high […]
The world has set an eye on the current Lok-Sabha election in India, which is supposed to be the world’s costliest and largest election. Among this election hype, the current ruling government is about to win again with a complete majority. The coming of the same party to power, and their manifesto, indicates continuity and […]
Germany’s economy has faced significant challenges in the last two quarters, from technical recession to becoming the old sick man of Europe. Germany has become the world’s 3rd largest economy, despite challenges. Strong economic fundamentals, Govt policies, manufacturing power, strategic trade partners, and other factors, led Germany to register growth and improve its trade performance. […]
The United States of America, the world’s largest gas producer and exporter, is working on a new gas pipeline on Mexico’s coast to bypass the drought-chocked Panama Canal and establish a direct trade route to Asia. This route potentially cuts travel times and costs significantly. Once the development of the proposed project is completed, it […]
UK’s chemical industry has been witnessing growth, despite the differences in the value of the imports and exports of the most valued commodity in the section—fatty acids. The market of fatty acids has been a robust and essential one due to its application in various other sectors. Fatty acid is a valuable commodity in the […]
Brazil’s cold chain logistics market has been significantly growing thanks to the high demand for cold chain facilities for the storage and transportation of meat, grocery products, and fast-food items. The growing pharmaceutical industry is also playing a tremendous role. Brazil’s cold chain logistics market size is expected to grow from USD 2.43 billion in […]
The global packaging industry is a broad sector that indulges different industries as its part. The scope of the global industry for packaging ranges from F&B to e-commerce, comprising the most significant number of industries and their respective requirements for products manufactured. The packaging industry is composed of different packaging materials and types, and depending […]
Peru’s fruit exports reached USD 1044 million during Jan-Jul 2023 compared to USD 948 million recorded in the same period of 2022. In the complete year 2022, Peru exported fruits worth USD 1551 million. Fresh grapes, blueberries, avocadoes, and mangoes are the most exported fruits. Peru is the world’s largest exporter of blueberries. Quarter-wise, Peru’s […]