In May, India’s exports were valued at $24.5 billion, falling 1.1 percent from $24.8 billion in the same month in the previous year, and imports were valued at $44.6 billion, rising 7.0 percent from May 2012’s $41.7 billion...
World Economy News
The latest news in global trade, including trade deficits, production and orders indexes, exports, manufacturing and more.
News & Analysis
14 Jun 2013
Following an outbreak of the avian influenza during the second half of 2012 and its continued spread in 2013, the Mexican poultry market has suffered a “considerable loss” in production, according to the U.S. Grains Council.
14 Jun 2013
From March to May, overall confidence levels in the shipping industry increased to their highest level in 2 1/2 years, according to Moore Stephen’s latest Shipping Confidence Survey.
06 Jun 2013
Australia reported its third consecutive monthly trade surplus in April, at $28 million, according to data released by the Australian Bureau of Statistics.
05 Jun 2013
International sugar production for 2013 to 2014 is forecast at a record 175 million metric tons, with gains in Brazil and Thailand offsetting lower production in India.
04 Jun 2013
Japan’s import volume saw month-to-month and year-over-year increases in April 2013, according to Japan’s Ministry of Finance. Import growth has been consistent for the past 6 months.
02 Jun 2013
South Africa’s trade deficit widened to R15.02 billion (about US$1.49 billion) in April, as imports expanded faster than exports.
30 May 2013
Imports of Australian beef will be exempt from Indonesia’s quotas, following negotiations with the Australian government, in order to stabilize the supply and cost of beef in Indonesia’s domestic markets ahead of Ramadan next month and the Eid al-Fitr festival in August.
29 May 2013
Brazil soybean shipments, which are typically made through May, will be extended until at least July as a record crop from the South American nation has created a backlog at ports and on roads, Bloomberg reports.
28 May 2013
The Container Throughput Index of the Rheinisch-Westfälisches Institut für Wirtschaftsforschung and the Institute of Shipping Economics and Logistics sank in April to 114.7, compared with 116.7 in March after seasonal adjustment.
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Jun 5, 2013 2:00PM EDT
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Suddenly Seeking Solutions