export growth News

US Expands Import of Vietnamese Fruits and Vegetables Amid Tariff Concerns

Despite new US tariffs, Vietnamese fruit and vegetable exports remain strong, with the US market showing potential for growth. Challenges include limited processing capabilities an...

UK's Trade Deficit Shrinks Dramatically to £1B in Early 2023, Signaling Strong Export Growth

The UK's trade deficit narrowed significantly to £1.0 billion in the three months to February, driven by a £10.5 billion surge in exports. This marks the smallest deficit since Jul...

Korea and Mexico Set to Revitalize FTA Talks, Paving the Way for Auto Industry Growth

The Korean government plans to accelerate FTA negotiations with Mexico to support domestic auto exporters under USMCA, aiming to reduce tariffs and enhance trade with Central and S...

Japan Swings to a Stunning Trade Surplus of ¥712.9 Billion in February, Marking a Dramatic Turnaround

Japan's trade balance showed a dramatic improvement in February, swinging to a surplus of ¥712.9 billion from a previous deficit, thanks to rising exports and falling imports.

Vietnam Challenges Trump's 46% Reciprocal Tariff as Unfair Amidst Trade Tensions

Vietnam disputes U.S. President Donald Trump's 46% reciprocal tariff as unfair, citing its lower average import duties and efforts to address trade imbalances. The country seeks ne...

Bull Machines Expands Global Reach: Doubling Production and Targeting World No. 2 by 2030

Bull Machines, a Coimbatore-based heavy machinery manufacturer, is doubling its production capacity and expanding its global footprint, aiming to become World No. 2 by 2030. With 5...

Vietnam's Trade Surplus Soars to $1.47 Billion in Just Two Months

Vietnam reports a $1.47 billion trade surplus in two months, with a 12% increase in import-export turnover. Exports grew by 8.4%, led by processed industrial goods. The U.S. and Ch...

South Korea's Export Growth Stumbles to 1% in February Amid Semiconductor Slump

South Korea's export growth slowed to 1% in February, despite a 7.3% increase in working days. Semiconductor exports fell for the first time in 16 months, while sectors like automo...

Ashok Leyland's Q3 Profits Surge by 31% Thanks to Robust Export Growth

Ashok Leyland's Q3 net profit soared by 31% to Rs 762 crore, driven by a 33% increase in export volumes. The company shipped 4,151 units internationally, up from 3,128 units last y...

India's Strategic Approach to FTAs: Ensuring Fairness and Equity Through Stakeholder Consultations

India is redefining its approach to Free Trade Agreements (FTAs) by ensuring extensive stakeholder consultations for fairness and equity. With a landmark $100 billion FDI commitmen...

South Korea's Export Growth in Early January: A Semiconductor Surge Leads the Way

South Korea's export volume increased by 3.8% in early January, driven by a significant surge in semiconductor exports. While some sectors like passenger cars and steel products sa...

Thailand's Border Trade Sees a 6% Surge: A Closer Look at the Driving Forces

Thailand's border trade has grown by 6%, driven by increased demand for Thai consumer goods and better economic conditions. Key exports include diesel, refined petroleum products, ...

South Korea's Export Resilience: Can It Break Records Amid Challenges?

South Korea's exports have maintained a positive trend for 14 months, despite a recent slowdown. The government attributes this to disruptions from a strike and heavy snowfall. Des...

South Korea's Export Growth Slows to a Worrying 1.4% in November

South Korea's export growth rate has slowed to 1.4% in November, marking the lowest increase in recent months. This decline is causing concerns about the economy's sustainability, ...