Exports
India's trade deficit ballooned to $26.42 billion in April, a sharp increase from $21.54 billion in March, as global trade and supply chains continued to grapple with the fallout of US President Donald Trump's tariff hikes. Imports surged 19.12% to $64.91 billion
Exports
A looming recession in the United States could have severe consequences for the Philippine economy, with the country's significant trade links with the US making it particularly vulnerable. Recent economic forecasts and assessments from the Asian Development Bank (ADB) highlight the concern, with the US economy already contracting
Exports
The Namibia Statistics Agency (NSA) released the Merchandise Trade Statistics Bulletin for March 2025, revealing a trade deficit of N$2.7 billion, a deterioration from the N$2.0 billion deficit recorded in February. The country's top export destination was Botswana, while South Africa remained the leading
Ambassadors
China and Latin America have long been friendly exchange partners, dating back to the mid-16th century when the "Chinese Ship" loaded with goods crossed the Pacific Ocean and arrived in Acapulco, Mexico, marking the beginning of a Pacific Maritime Silk Road. Since the founding of the People'
Exports
Egypt's trade performance showed a significant improvement in February 2025, with exports recording a 24.1% year-on-year increase and the trade deficit narrowing by 29.1%. The value of Egyptian exports reached $4.43 billion, up from $3.57 billion in the same month last year, driven by
Ambassadors
Ambassador Jung Kang's recent interview with the Ethiopian News Agency (ENA) marked a significant milestone in the burgeoning relationship between Ethiopia and the Republic of Korea. The two nations have been strengthening their diplomatic bonds, particularly in the realms of trade and investment, with a focus on mutually
Exports
Pakistani exporters are strongly advised to shift their focus to exporting value-added products to China, rather than relying on raw material exports. According to Consul General in Shanghai Hussain Haider, the Pakistan business and industrial community need to prioritize value-addition to increase their nominal market share in the Chinese economy.
Exports
South Korea's outbound shipments experienced a decline of 3.6% in October compared to the previous year, marking a reversal of the brief rebound observed in the previous month. This downturn is attributed to the resurgence of new coronavirus cases globally and fewer working days. According to data
