New Updates in EXIM Codes 2025 and What to Expect in HS 2028

New Updates in EXIM Codes 2025 and What to Expect in HS 2028

EXIM Codes 2025 and What to Expect in HS 2028 The world of international trade runs on a common language: the Harmonized System (HS) of classification codes. Every five to six years, the World Customs Organization (WCO) revises this system to reflect new products, changing technologies, and shifting trade priorities. For exporters and importers, staying updated is not optional—it’s essential for compliance, cost optimization, and seizing new opportunities. In 2025, several national-level HS code updates have taken effect alongside the Read Full Details…

How International Political Threats Are Reversing International Trade Backwards

Reversing International Trade Backwards Introduction Global trade has long been seen as a vehicle for economic growth, cultural exchange, and geopolitical cooperation. However, recent years have witnessed a growing number of international political threats—ranging from trade wars and sanctions to rising nationalism and protectionism—that are undermining decades of progress in global trade liberalization. These tensions are now reversing globalization’s momentum, pushing international trade backwards and reshaping the global economic landscape. Key Political Threats Impacting Global Trade 1. Trade Wars and Read Full Details…

Global Markets Fell Again Due to Continuing Trade Tensions

Global Markets Fell Again In July 2025, global financial markets experienced yet another sharp downturn, reflecting deepening concerns over escalating trade tensions among major economies. Investors across the world are reacting to uncertainty and instability in global trade policies, which have led to declines in stock markets, volatility in commodity prices, and depreciation in several emerging market currencies. Key Drivers of Market Decline 1. US-China Trade Disputes Resurface The long-standing friction between the United States and China has intensified, with Read Full Details…

Global Exchange and Capital Flows in Global Export-Import 2025: Trends, Challenges & Opportunities

In 2025, global trade dynamics are rapidly evolving, with foreign exchange movements and capital flows playing a pivotal role in shaping international export-import activities. Businesses engaged in cross-border trade must understand these critical economic forces to navigate opportunities and mitigate risks effectively. Understanding Global Exchange Rates in Trade Foreign exchange (FX) rates directly influence the cost competitiveness of exports and imports. A strong domestic currency makes imports cheaper but can hurt export competitiveness, while a weaker currency makes exports more Read Full Details…

USA Imposes 25% Tariff on Exports from India Starting August 1, 2025

The global trade landscape is poised for a significant shift as the United States is set to impose a 25% tariff on exports from India, effective August 1, 2025. This policy decision is expected to have wide-reaching consequences for bilateral trade relations, Indian exporters, and global supply chains. Let’s explore why this tariff is being introduced, which sectors are most affected, and how businesses can navigate this new challenge. Why is the USA Imposing a 25% Tariff on Indian Exports? Read Full Details…

Import Tariff Hikes and Their Impact on Global Trade

Import Tariff & Global Trade In today’s interconnected world, global trade is a vital engine of economic growth, innovation, and development. However, one of the most disruptive tools in international trade policy is the import tariff—a duty imposed by governments on goods brought into their countries. When these tariffs are increased, the ripple effects are felt across industries, supply chains, and economies. 🔍 Understanding Import Tariffs An import tariff is a tax levied on imported goods. Its primary purposes are: Read Full Details…

The Top Import Markets for Pulses and Their Significance in Global Trade

The Top Import Markets for Pulses

Pulses and Their Significance in Global Trade Pulses — including lentils, chickpeas, beans, and peas — are vital to global food security, nutrition, and sustainable agriculture. Rich in protein, fiber, and essential nutrients, pulses form a dietary staple for billions, particularly in developing countries. With rising health awareness and demand for plant-based protein, global trade in pulses has expanded significantly over the past decade. In this blog, we explore the top import markets for pulses, their importance in global trade, Read Full Details…

How to Reduce Freight Surcharges in Exports?

Reduce Freight Surcharges in Exports – Practical Strategies for Exporters In today’s highly competitive global trade environment, freight surcharges can significantly impact the profitability of export businesses. These additional charges—such as fuel surcharges, peak season surcharges, terminal handling fees, and more—are often unpredictable and can eat into profit margins if not managed carefully. For exporters, especially SMEs and mid-sized companies, reducing freight surcharges is not just about cost-saving; it’s about staying competitive in international markets. In this article, we’ll explore Read Full Details…

Know About Worldwide Dry Port Surcharge

Dry Port Surcharge – Export (DPS) In the complex world of international shipping and logistics, several types of surcharges are applied to cover specific services and operational costs. One such important surcharge is the Dry Port Surcharge (DPS), which exporters often encounter when their cargo moves through inland dry ports before reaching seaports for international shipment. Understanding what a Dry Port Surcharge is, why it is applied, and how it affects export costing and logistics planning is crucial for exporters, Read Full Details…

Top Importing Buyers of Cotton Readymade Garments Worldwide

Importing Buyers of Cotton Readymade Garments Worldwide

🌍 Top Importing Buyers of Cotton Readymade Garments Cotton readymade garments (RMG) are among the most traded textile products globally due to their comfort, versatility, and natural fabric appeal. As global demand for sustainable and breathable clothing grows, cotton garments continue to dominate both casual and formal apparel markets. In this blog post, we highlight the top importing countries and markets that drive the global demand for cotton readymade garments, offering key insights for exporters and manufacturers looking to expand Read Full Details…