Exports
Czech exports and imports continued to rise in May, showing a positive trend for the economy, despite concerns over US tariffs on the European Union. Analysts note that export growth was higher than import growth, driven mainly by car and fuel exports, while imports were influenced by consumer goods and
Exports
As part of its ongoing response to Russia's war against Ukraine, the Government of Canada has announced a significant expansion of its sanctions measures against Russia, introducing new import and export prohibitions that mark a substantial escalation in the country's economic penalties against Russia. The updated
Exports
The government of Bangladesh has announced its plan to implement an online system for paying export and import duties, marking a significant shift towards automation in customs tax payments. The new system, known as Automated Challan (A-Challan), will allow customs duties to be paid directly into the government treasury through
Exports
The traditional view of monetary policy's effect on trade has been challenged by the recent contraction in imports in the euro area, despite resilient GDP growth. This paper sheds new light on the overlooked channel of monetary transmission, examining the relationship between central bank interest rate policy and
Exports
In the last 11 months of the current fiscal year 2024/25, goods worth Rs 434 billion 260 million have entered Nepal through the Birgunj border from India, accounting for 76.80 percent of the total imports through this customs check point. The majority of imports and exports through this
Exports
India's decision to impose port restrictions on the import of certain goods from Bangladesh has sparked concerns among exporters in the country. The restrictions, which came into effect immediately, will impact the trade of readymade garments (RMG), processed food items, and other products. According to Mohiuddin Rubel, a
Exports
Pakistan's exports in April 2025 took a significant hit, with a 17.66% decrease from March 2025 and a 7.36% drop from April 2024, citing the latest data from the Pakistan Bureau of Statistics (PBS). This decline in exports, despite some growth in the first ten months
Exports
The reform aims to make imports more affordable, encouraging export-led growth, and reducing the current account deficit. Prime Minister Shehbaz Sharif has approved a major tariff reform, capping customs duty at 15% and phasing out additional and regulatory duties over the next four to five years. The policy is expected
Exports
The Czech Republic's exports of machine tools and forming machines have seen a decline in the first quarter of this year, with imports surpassing exports. The downward trend is particularly concerning for Czech manufacturers, who rely heavily on exports of these machines. The decline in exports is attributed
European Union
The European Union has outlined a plan to phase out its remaining gas imports from Russia by the end of 2027, a move aimed at reducing the bloc's dependence on Russian fossil fuels. The plan, introduced by EU energy chief Dan Jorgensen, would ban new contracts and existing
Imports
The European Union has taken a crucial step towards reducing its dependence on Russian fossil fuels by announcing a plan to phase out gas imports from Russia by the end of 2027. The two-step plan aims to cancel new contracts and existing short-term spot contracts with Russian suppliers by the
Imports
The US has officially ended the de minimis exemption for low-value imports from China and Hong Kong, a move that marks the latest escalation in the US-China trade war. The exemption, previously allowing shipments valued under $800 to enter the US duty-free, was revoked following an executive order signed by
