Red Sea Crisis Severely Impacts Korean Auto and Petrochemical Exports: Renault Koreas Auto Exports Plummet 90%, Ocean Freight Rate Hike Warning, Korean Companies Face Logistics Challenges and Cost Pressures.
Bangladesh becomes worlds second-largest apparel exporter, with 2023 US exports doubling, denim industry surpassing China, as non-traditional markets and China-Bangladesh FTA negotiations accelerate.
In 2023, photovoltaics, wind power, and new energy vehicles became the main drivers of Chinas non-ferrous metal consumption growth, with significant increases in copper, aluminum, and zinc consumption, and investment growth reaching a decade-high.
Shanghais 2023 foreign trade import-export volume grew slightly by 0.7%, electric vehicle exports exceeded 100 billion, exports to Hong Kong surged significantly, and the new three products became new growth highlights.
The main service targets of foreign trade export agents are enterprises or individuals who want to export their products or services to other countries or regions but lack professional knowledge and experience.
In 2023, Brazils agricultural exports reached $166.55 billion, accounting for 49% of total exports, demonstrating its strong position in the global agricultural market, with plans for sustainable production increases.
The European Commission released the White Paper on Export Control, proposing short - and medium - term action recommendations to strengthen and unify export controls, including the establishment of a high - level coordination forum and the clarification of the regulation assessment time.
In 2023, Chinas imports of semiconductor devices and integrated circuit equipment surged in value by 46.5% despite a decrease in quantity, reflecting demand for high-end manufacturing.
South Koreas export growth slowed down in 2023, raising concerns about the recovery of global trade. Analyze semiconductor and auto export data and the economic recovery of major trading partners to explore the prospects of global trade.