Logistics

India’s exports rise 5.4 percent to $65.47 billion in June, set to reach $800 billion

India's goods trade deficit narrowed to $20.98 billion in June from $23.78 billion in May

South Korea’s average car export prices hit record high of $25,224 in H1 2024

The combined value of automobile exports in South Korea rose to $37 billion in the first half of 2024

South Korea’s ICT exports rise for eight consecutive month, reach $21.05 billion in June

ICT exports totaled $108.9 billion, the second-highest figure for the period

South Korea’s carriers see 29 percent surge in passenger traffic to record high 47 million in H1 2024

South Korea's passenger traffic will likely reach 100 million in 2024, exceeding the pre-pandemic level of 93.47 million in 2019

U.S. trade deficit rises 0.8 percent to $75.1 billion in May on weaker exports

Trade impacted the U.S. GDP in the first quarter, restricting the economy to a 1.4 percent annual growth rate

South Korea’s semiconductor exports hit record high of $13.42 billion in June

The country’s total exports reached $57.07 billion in June, a 5.1 percent annual increase

South Korea’s industrial output falls 0.7 percent in May, semiconductor gains offset by automobile declines

Retail sales and facility investment also lost ground during the same period

India’s new $9.14 billion mega port: A strategic trade gateway to Europe and the Middle East

The first of two construction phases is expected to be completed by 2029

Japan’s exports reach $53 billion in May amid weak yen, robust global demand

The country's trade deficit narrowed to $7.7 billion, down nearly 12 percent from a year earlier

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