The World Economic Outlook as of May 2023

The global economy is facing a mixed outlook in May 2023, with several key factors affecting growth prospects for the year ahead. The ongoing COVID-19 pandemic remains a major concern, while issues such as inflation, supply chain disruptions, and geopolitical tensions are also impacting economic performance around the world. The International Monetary Fund (IMF) has revised its global growth forecast for 2023, predicting an expansion of 4.9%, down slightly from its previous estimate of 5.2%. The IMF cites a number Read Full Details…

Know About The Asia-Pacific Partnership – Trade Agreement

The Asia-Pacific region is a rapidly growing area of the world, with a diverse range of economies, cultures, and political systems. It is also one of the most dynamic and important regions for global trade and investment. With this in mind, a new free trade agreement has recently been established, known as the Asia-Pacific Partnership (APP). This agreement represents a major milestone in regional economic integration and is expected to have significant impacts on the economies of its member states. Read Full Details…

Global Products Demand for Merchandise Goods

The demand for merchandise goods has been on the rise over the past few years. With globalization and the growth of the world economy, consumers have access to a wide range of products from various parts of the world. This has created a highly competitive market where businesses are constantly striving to meet the demands of their customers. Factors Driving the Demand for Merchandise Goods Increasing population and urbanization: The world’s population is expected to reach 9.7 billion by 2050, Read Full Details…

Fruits James, Jellies, Pickles Consuming Importers and Largest Exporting Countries in the World

The Global Market for Consuming Importers and Largest Exporting Countries

The global market for fruits, jams, and pickles is a significant one, with billions of dollars in trade each year. These products are consumed all around the world, and many countries rely on imports to meet their demand. At the same time, some countries are major exporters of these products. Consuming Importers When it comes to fruits, jams, and pickles, there are several countries that import large quantities of these products to meet their domestic demand. The United States, for Read Full Details…

Vegetables, Fruits & Nuts

Largest Demand Worldwide of Vegetables, Fruits & Nuts

The global market for vegetables, fruits, and nuts is growing at a rapid pace, driven by increasing consumer awareness of the health benefits of these products. According to data from the World Trade Organization, the global trade in fruits and vegetables was worth over $260 billion in 2019, with the top exporting countries accounting for the majority of this trade. Vegetables, fruits, and nuts are among the most widely consumed and traded agricultural products in the world. These products are Read Full Details…

India District Export Hub (DEH)

How Indian Farmers can Export through District Export Hub ?

India is an agrarian economy, with the majority of its population relying on agriculture for their livelihood. However, despite being one of the largest producers of agricultural commodities in the world, Indian farmers have not been able to fully realize their export potential. The District Export Hub (DEH) scheme is a government initiative that aims to address this issue and provide Indian farmers with an opportunity to export their products to international markets. Know how Indian farmers can export through Read Full Details…

Why Indian Farmers are struggling while the Agricultural products are top exporting from India?

Agriculture is the backbone of the Indian economy and employs over 50% of the country’s population. The sector plays a crucial role in the country’s growth and development and is responsible for feeding over 1.3 billion people. Despite being a top exporter of agricultural products, Indian farmers are struggling to make ends meet. Know the reasons behind this paradoxical situation as : Indian farmers are struggling despite being top exporters of agricultural products due to low productivity and yield, dependence Read Full Details…

Food Crisis Due to Trade Restrictions: Know About the Reasons

In recent years, the world has seen an increase in food crises due to various reasons. One of the major reasons is the imposition of trade restrictions on food. Trade restrictions can include tariffs, quotas, and embargoes on food products. Such restrictions can impact the global food supply and lead to food shortages and higher prices. The reasons for food crises due to trade restrictions: Trade restrictions on food can lead to food crises in different parts of the world. Read Full Details…

Top Merchandise Exporting Products from India and Importing Country

India is one of the largest exporters of merchandise goods in the world. The country’s export market has grown significantly in recent years, and it is expected to continue to do so in the coming years. India exports a wide range of products to countries all around the world, and some of these products are in high demand in importing countries. Top merchandise exporting products from India and the importing countries that are most interested in them. India is a Read Full Details…

Know how International trade creates opportunities for businesses and worldwide economic development

International trade has become a critical driver of global economic growth and development. By facilitating the exchange of goods and services between nations, international trade creates new opportunities for businesses and drives economic development worldwide. Know how international trade creates opportunities for businesses and contributes to worldwide economic development : Increased Market Access One of the most significant benefits of international trade is that it provides businesses with access to larger markets. When businesses are able to sell their products Read Full Details…