EU to impose up to 38 percent in tariffs on Chinese battery electric vehicles

The EU will start applying provisional tariffs on imported Chinese electric vehicles by July 4

China’s exports grow 7.6 percent in May, supporting trade surplus growth to $82.62 billion

China’s crude oil imports saw little change from January to May 2024

U.S. trade deficit rises 8.7 percent to $74.6 billion in April

Exports saw a slight 0.8 percent increase to $263.7 billion with goods exports rising to $172.7 billion

Australia’s trade surplus recovers to $4.34 billion in April as imports fall 7.2 percent

Exports fell 2.5 percent driven by a decline in metal ores and minerals exports

South Korea records 8th straight month of YoY export growth, reaching $58.1 billion in May

Imports declined 2 percent year-on-year to $53.1 billion, resulting in a trade surplus of $4.96 billion

Global air cargo demand surges 11.1 percent in April: IATA report

Asia-Pacific and European airlines lead growth in demand

Apple’s iPhone sales jump 52 percent in China during April 2024

Shipments of foreign-branded phones in China increased by 52 percent in April 2024 to 3.495 million units

EU trade in goods surges to $55.5 billion in Q1 2024

The trade balance has shown a surplus for 3 consecutive quarters, after a period of deficit from Q4 2021 to Q2 2023

Japan posts $3 billion trade deficit in April despite surge in exports

Higher crude oil prices and a sharp drop in the value of the yen boosted the cost of imports, offsetting robust growth in exports

Eurozone trade balance surplus jumps to $26.17 billion in March

The euro area exports of goods to the rest of the world in March 2024 were $266.39 billion

Qatar, U.S. trade exchange rises to $6.47 billion in 2023

Qatar, U.S. seek to enhance cooperation in the commercial, investment and industrial sectors

Red Sea disruption could cut Asia-Europe capacity by 15-20 percent in Q2: Maersk

Maersk anticipates shipping disruptions to persist at least until the end of the year

China’s Xinxing Ductile to invest $400 million in Egypt within 5 years

In April, SCZONE laid the foundation stone of the Xinxing Ductile Iron Pipes Corporation’s factory

South Korea’s terms of trade extend positive 10-month streak, surge 5.9 percent in March

South Korea's trade surplus increased to $4.28 billion in March

UAE, Ukraine finalize CEPA terms to increase non-oil foreign trade

Non-oil trade between the UAE and Ukraine amounted to $385.8 million in 2023

Boeing reports first revenue decline in 7 quarters as production drops

Company reported $16.57 billion in quarterly revenue, down from $17.92 billion in Q1 of 2023

UAE’s AD Ports secures 20-year agreement to operate, upgrade Angola’s Luanda terminal

AD Ports Group acquires 90 percent stake in joint venture to serve the broader logistics market in Angola

Egypt’s SCZONE attracts 128 projects worth over $3 billion, Chinese firms contribute 40 percent

SCZONE inked 14 agreements with major Chinese companies to boost investment

Japan faces third consecutive trade deficit amid rising import costs, weak yen

Exports to China declined slightly on an annual basis, marking the first decrease in four years

Egypt’s Q1 merchandise exports surge 5.3 percent to $9.6 billion

During this period, Türkiye was the top importer of Egyptian merchandise exports, with imports worth $874 million