Search result for IMPORTS
As reported by Coal mint, India's thermal coal imports will increase by about 15% in the year 2022
On Monday, figures from Indian consultancy Coalmine showed that due to increased domestic production and shipments by utilities, India's imports of thermal coal, used primarily for power generation, surged by 14.7% in 2022, reaching 161.18 million tones. Coal shipments, which are commonly uti...
South Korean customs agency seizes 4 tons of smuggled urea solution
The South Korean customs agency has confiscated around 4 tons of smuggled urea solution and now they are planning to distribute it in the market.
Highlights
- South Korea is facing shortage of urea
- The KCS has confiscated 4 tons of Urea soluti...
Saudi Arabia expels ambassador and bans Lebanese imports
Lebanon is suffering from a crisis after Saudi Arabia gave Lebanon's ambassador 48 hours to leave the country and suspended all imports from Lebanon. Riyadh and other Gulf states have expelled the Lebanese envoy.
Highlights
- Saudi Arabia suspends al...
CHINA’S DEMAND FOR INTERNATIONAL TRADE TALENT; SPENDING ON IT RISE
Highlights –
- China’s demand for international trade talent; spending on IT rise.
- The country's demand for such talent grew 11.2 percent year on year.
- China's spending on information technology (IT) grow 10 percent year o...
CHINA’S EXPORTS & IMPORTS ROSE 28.2% BETWEEN JAN-MARCH
Highlights –
- China’s exports & imports rose 28.2% between Jan-March.
- Exports jumped by 30.1 percent from a year earlier.
- The trade surplus increased by 56.2 percent year on year.
- The trade surplus last month narro...
JAPAN’S CURRENT ACCOUNT SURPLUS ROSE TO $12 BILLION IN APRIL
Highlights –
- Japan’s current account surplus rose to $12 billion in April.
- April saw a larger rise in exports than in imports in terms of value.
- Imports jumped 11.3 percent to 6.54 trillion yen.
- Primary income, gained...
CHINA’S EXPORTS AND IMPORTS RISE; SHIPMENTS OF WEARABLE DEVICES RISE
Highlights –
- China’s exports and imports rise; shipments of wearable devices rise.
- Makers of wearable devices in the country shipped 27.29 million units in Q1 of 2021.
- China's total imports and exports expanded 28.2 percent ...
JAPAN’S EXPORTS SAW LARGEST INCREASE BY 38% IN APRIL
Highlights –
- Japan’s exports saw largest increase by 38% in April.
- Exports of goods in April soared to 7.18 trillion yen.
- Imports rose 12.8 percent in April to 6.93 trillion yen.
- Exports to China grew 33.9 percent fro...
CHINA’S TRADE WITH N. KOREA ROSE TO $30.60 MILLION IN APRIL
Highlights –
- China’s trade with N. Korea rose to $30.60 million in April.
- China's exports to North Korea rose more than 120 percent to 28.75 million in April.
- In March, chemical fertilizer, pesticide, herbicide, and related ...
CHINA TO EXTEND A TARIFF EXEMPTION FOR 79 PRODUCTS IMPORTED FROM US
Highlights
• As per an attached list, these tariff exempted products include rare earth ore, gold ore and silver ore and concentrate
• Recently China accused the US of imposing economic sanctions and strong-arming other countries over trade issues to achieve its &ldq...
INDIA MAY LIFT REGULAR SAUDI OIL VOLUMES IN JUNE
HIGHLIGHTS
- India is offering to lift regular Saudi oil volumes in JUNE 2021.
- Some orders have been placed by Indian State refiners.
After reducing purchases this month, Indian state refiners have placed orders for regular supplies fr...
COVID RESTRICTIONS SLOW DOWN PETROCHEMICAL TRADE IN INDIA
HIGHLIGHTS
- Fresh restrictions imposed to prevent the spread of COVID-19 are slowing down the petrochemical trade in India.
- Indian rupee is becoming weak in the international market.
Petrochemical trades in India are slowing down due ...
JAPAN SAW A BRISK INCREASE IN EXPORTS IN MARCH BY 16.1 PERCENT
Highlights –
- Japan saw a brisk increase in exports in March by 16.1 percent.
- The recovery in exports has been attributed to rising in material shipments to China.
- Japan’s exports stood at 7.38 trillion yen ($68 billion).
EXPORTS OF UK TO EUROPEAN UNION PARTIALLY RECOVERED AFTER DROP IN JANUARY 2021
Highlights:
- The exports of UK to the European Union has been partially recovered after a steep drop in the month of January 2021
- The official figures shows that the exports have been increased by 46.6 percent from 42 percent in January 2021
CHINA’S EXPORTS ROSE 30.6% IN MARCH OVER HOPEFUL ECONOMIC RECOVERY
Highlights –
- China’s exports rose 30.6% in March over hopeful economic recovery.
- Chinese imports jumped 38.1% year-on-year last month.
- Imports on meats saw an increase of 1.02 million tonnes in March.
- China’s po...
S. KOREA’S EXPORTS IN MARCH ROSE 16.6 PERCENT TO $53.8 BILLION
Highlights –
- S. Korea’s exports in March rose 16.6 percent to $53.8 billion.
- Rising demand for chips and autos led to gains in exports.
- The country’s imports also rose 18.8 percent to $4.17 billion.
- Exports of a...
ONGC'S SHARE IN INDIA'S OIL AND GAS PRODUCTION JUMPS TO 70 PERCENT
HIGHLIGHTS
- In past ten years, ONGC's share in India's Oil & Gas production has jumped to 70%.
- Gas output from the block is expected to be profitable for ONGC.
- India is going to start a new pricing regime from 1 APR 2021. ...
VOPAK TO BUILD LNG IMPORT TERMINAL IN AUSTRALIA
Highlights:
- The company Vopak have joined the queue for building the LNG import terminal in Australia
- The company has been aiming at to have the first imports after the year 2024
The Dutch oil storage company ‘Vopak’ has ...
EXPORT OF GOODS IN JAPAN FALLS IN FEB. BY 4.5 PERCENT
Highlights –
- Export of goods in Japan falls in Feb by 4.5 percent.
- The decline has been due to sluggish demand by the U.S for items such as cars.
- The country’s auto exports fell to 12.9 percent.
- Exports of semiconduct...
S. KOREA’S EXPORTS OF AUTOMOBILES INCREASE BY 35 PERCENT IN FEBRUARY
Highlights –
- S. Korea’s exports of automobiles increase by 35 percent in February.
- In February, outbound shipments of automobiles were 161,886 units.
- Hyundai saw overseas sales increase by 40.4 percent in terms of units. ...