The cost of export freight from Valencia to the far east falls by 22.1% in October
The Valencia Containerised Freight Index (VCFI) for October fell by 7.1% to 4,424.11 points. This decline is shared by all the areas analysed by this…
Apple Adds New IPhone 14 Maker in India in Shift From China
Apple Inc.’s Taiwanese contract manufacturer Pegatron Corp. has begun assembling the company’s latest iPhone 14 model in India.
US Offers bounty for Singaporean over North Korea oil shipments
The US Department of State on Thursday issued a $5 million bounty for information on a Singaporean businessman who broke international sanctions by transporting fuel…
US, Taiwan plan in-person trade talks as China tensions simmer
The US and Taiwan will hold in-person trade talks in New York next week as they deepen ties despite opposition from China, which claims the…
Post-Brexit IT system error causes disruption for UK importers
An error in the UK’s post-Brexit IT border system disrupted companies bringing goods in from the European Union, raising costs, adding bureaucracy and snarling deliveries.
China solar giant sees yet more uncertainty for US imports
The world’s largest solar company warned that stricter US import requirements for panel shipments will continue to create disruptions to the American market through next…
BEA News: U.S. international trade in goods and services, September 2022
The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today:
Pakistan trade gap at lowest in two years but not for long
Pakistan’s trade deficit has dropped to its lowest point in almost two years, though analysts expect that the gap will soon widen.
Rising energy, farm exports drive Canada’s trade surplus wider
Canada’s merchandise trade surplus unexpectedly widened in September as exports of wheat and crude oil rebounded.
Australia’s trade surplus swells on surging ore, energy exports
Australia’s trade surplus swelled in September on a jump in exports, driven by higher prices for iron ore, metals and energy.
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