Trade Partnership Export Import Data and Buyers Sellers trade Partner - Page 28 of 53 - EXIM TUTOR - Export Import Business Course Trainer & Consultant

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…

Apr 06

Mining for energy: Africa must seize the green moment

Africa has a once-in-a-lifetime opportunity to boost its development through the massive global demand for its fabulous trove of the minerals the world needs to power a green energy transition. But will Africa seize the opportunity or let it slip – either by failing to exploit the rare minerals fully, or allowing them to be exploited by others with little benefit for Africa’s people? This was a key theme of the African Mining Indaba 2023 in Cape Town this week. Read Full Details…

Apr 05

The fastest growing trading area of WTO member countries

Foreign trade has always been an integral part of a country’s economy, and it has become even more important in today’s globalized world. With the World Trade Organization (WTO) being the principal international organization that deals with the rules of trade between nations, its member countries hold a significant share in global trade. Growth Scenario:According to the WTO, global trade growth is expected to slow down in 2022 due to several factors such as the ongoing COVID-19 pandemic, supply chain Read Full Details…

The growth scenario and opportunities in foreign trade with Project export import

Apr 05

The growth scenario and opportunities in foreign trade with WTO member countries in 2023-2024

Introduction:Foreign trade has become an integral part of the global economy, enabling nations to access new markets, products, and services. The World Trade Organization (WTO) has been instrumental in promoting free trade, economic growth, and development among its member countries. As we look ahead to 2023-2024, it’s important to assess the growth scenario and opportunities in foreign trade with WTO member countries. Growth Scenario:The global economy is expected to recover from the pandemic-induced slowdown, with a projected growth rate of Read Full Details…

Apr 05

Kazakh Foreign Trade Hits Record High in 2022 as New Challenges and Prospects Emerge

Kazakhstan’s trade turnover broke a historical record in 2022, reaching $134.4 billion, exceeding the pre-pandemic level of $97.8 billion in 2019, according to the Ministry of National Economy. In 2020, the country’s foreign trade reduced by 11.5 percent to $85 billion due to output cuts, lockdowns, and border closures. Exports in 2022 totaled $84.4 billion, with oil and metals serving as predictable growth drivers. However, experts claim that exports did not reach their maximum potential. In an interview with Kazinform, Read Full Details…

Apr 04

Expectations from new Foreign Trade Policy 2023 of India

India is among the world’s largest economies and has been continuously making efforts to expand its foreign trade relations. The government of India is soon to unveil the new Foreign Trade Policy (FTP) 2023, which is expected to bring about significant changes in the country’s foreign trade landscape. In this article, we will discuss the expectations from the new Foreign Trade Policy 2023 of India. New Foreign Trade Policy 2023 of India is expected to provide a roadmap for promoting Read Full Details…

Apr 04

FTP 2023: Can it navigate the new world order?

Critical policies like import barriers, providing PLIs, keeping out of mega trading blocs of RCEP and IPEF call for a mandatory review before new policy formulations India unveiled its new foreign trade policy (FTP) on March 31, 2023 with the objective of taking exports to $2 trillion by 2030 (from the current level of about $750 billion). This is sought to be achieved through “four pillars”: (i) shifting from incentive-based regime to “remission-based” regime, to make it WTO-compliant (ii) “collaboration” Read Full Details…

Know how AI is helping to exporters and importers for identify to the new market opportunities ?

Apr 03

How Digital Technology, Artificial Intelligence, and Data Science Helps in Boosting Foreign Trade?

The world is becoming increasingly interconnected, and international trade has become a vital component of many countries’ economies. The adoption of digital technology, artificial intelligence (AI), and data science is revolutionizing the way businesses operate, and foreign trade is no exception. These technologies are offering new opportunities to enhance foreign trade, improve efficiency, reduce costs, and increase competitiveness. In this article, we will discuss the various ways in which digital technology, AI, and data science are being leveraged to boost Read Full Details…