Exports
Malaysia continues to struggle with a significant trade deficit in the transportation services sector, largely due to its reliance on international shipping liners. Despite strong domestic capabilities in the oil and gas sector, the country's heavy dependency on foreign shipping lines makes it challenging to compete in the
Exports
India and the United States are engaged in intense trade negotiations to reach an interim trade deal ahead of the August 1 tariff deadline. The talks focus on key areas such as agriculture, technology, energy, and market access, with the strategic ties and trade surplus between the two nations playing
Exports
Brazil's agribusiness sector has remained a key player in the country's trade balance, accounting for 49.5% of all exports in the first half of 2025, despite facing falling international prices. According to a news release from the Ministry of Agriculture and Livestock, Brazilian agribusiness exported
Exports
The Indonesian government is committed to bolstering trade ties with Uganda, particularly in the export of vegetable oil, stainless steel, and glass. Deputy Minister of Trade Dyah Roro Esti Widya Putri emphasized that despite the current trade deficit, the country sees it as an opportunity to explore its export potential.
International cooperation
Pakistan and Trkiye reaffirmed their resolve to deepen bilateral cooperation across key sectors, including defence, trade, energy, culture, education, and infrastructure, pledging to enhance the bilateral trade volume to $5 billion. The two sides expressed satisfaction over the ongoing progress of the 12 joint standing committees established under the High-Level
Exports
India's auto component industry has reported a record trade surplus of $453 million in FY25, with exports surpassing imports for the second consecutive year. According to the Automotive Component Manufacturers Association of India (ACMA), auto parts exports grew by 8% to reach $23 billion in FY25, while imports
International cooperation
South Africa's clothing and textile industry is heavily reliant on imports from China, with over half of its imports coming from the Asian giant in 2024. The trade deficit in this sector has resulted in exports totaling R19.4 billion, with R4.07 billion going to China, while
International cooperation
Pakistan and Turkiye have reaffirmed their commitment to deepen bilateral cooperation across key sectors, including defense, trade, energy, culture, education, and infrastructure. The two countries aim to enhance their commercial relations to $5 billion by fostering cooperation in diverse areas such as energy, mining, education, and transportation. This effort is
International cooperation
Cambodia and India have a long history of diplomatic relations and economic ties, with both nations seeking to expand their cooperation in key areas such as trade, investment, security, and tourism. In a recent meeting, Prime Minister Hun Manet and Pabitra Margherita, Indian Minister of State for External Affairs, discussed
Exports
The Sultanate of Oman's trade balance took a significant hit in April 2025, with a surplus of RO 1.849 billion, down 40.4% from the RO 3.1 billion reported in the same period the previous year. This decline was largely driven by a 9.3% drop
Exports
The Czech Republic's foreign trade ended May with a surplus of Kc13.3bn, a year-on-year increase of Kc2.1bn, driven mainly by a significant surplus in the trade of motor vehicles. The exports from the Czech Republic rose by 2 percent year-on-year to Kc389.8bn in May, while
Exports
The Thai economy continues to face significant challenges despite efforts to stimulate growth. Siam Commercial Bank (SCB) has stated that cutting interest rates alone is not enough to revive the economy, and a comprehensive solution is needed to address household debt and increasing debt burdens. According to Mr. Kris Chantanotok,
