Day: April 7, 2023

Apr 07

How to Achieve India’s Export Target of $2 Trillion by 2030

India has set an ambitious target of achieving $2 trillion in exports by 2030, which is nearly double the current level of exports. To achieve this target, India needs to focus on several key areas, including improving infrastructure, enhancing the ease of doing business, developing new markets, and promoting innovation and entrepreneurship. Improving Infrastructure Infrastructure is a critical component of any economy, and India is no exception. To achieve its export target, India needs to invest in infrastructure projects that Read Full Details…

Export-Import Market of Naphtha Product in the Present Scenario of Economic Slowdown Worldwide 2023-2024
Apr 07

Export-Import Market of Naphtha Product in the Present Scenario of Economic Slowdown Worldwide 2023-2024

Naphtha is a light, volatile, and colorless hydrocarbon liquid that is used as a feedstock in the production of petrochemicals, as a fuel for power generation, and as a solvent for industrial applications. The global export-import market of naphtha has been impacted by the economic slowdown worldwide, which has led to a decline in demand and prices. The Present Scenario The world is currently experiencing an economic slowdown, with many countries facing sluggish growth, high unemployment, and increasing debt levels. Read Full Details…

Apr 07

Economic fragmentation in the fields of international trade, digital economy, debt, and payment systems

Globalization has been a driving force behind the growth and development of economies around the world. However, in recent years, we have seen a trend towards economic fragmentation in various fields, including international trade, the digital economy, debt, and payment systems. This fragmentation is driven by a variety of factors, including political tensions, regulatory barriers, and technological developments, and has significant implications for businesses, governments, and consumers. International Trade International trade is a critical component of the global economy, allowing Read Full Details…

Apr 07

The Largest Trading Partners of the U.S.

The United States is the world’s biggest goods importer making it a powerhouse in the global movement of goods. With so many imports, it goes without saying that the country has a significant goods deficit with many of its trading partners. The deficit with China, for example, is $383 billion. Meanwhile, the total goods trade deficit is nearly $1.2 trillion and it increased by 9% in 2022. Given that the country has trade relations with more than 200 countries, regions, and territories, this network of relationships Read Full Details…