September Rain
China posted lackluster trade figures in September, highlighting how it might become slowly less reliant on global commerce as other major economies retrench.
Chinese exports increased 2.4% year-on-year, below economists’ expectations of around 6%, to $303.7 billion, while imports increased only 0.3% to $222 billon.
The 2024 Boom
For most of 2024, Chinese…
Middle East: The Big Picture
In 2024, the Middle East has been hit by conflict, piracy, and the vagaries of supply chains and the oil market. The specter of protectionism appears threatening, especially between countries in conflict with each other. As the U.S. and the European Union slide into a quasi-permanent protectionist mindset, including tit-for-tat…
After a tepid recovery in 2023, Vietnam’s trade machine appears to be firing on all cylinders so far in 2024. The country boosted exports 16.8% year-on-year to $92.9 billion in the first quarter, underpinning gross domestic product growth of 5.7%. This is no coincidence. Vietnam’s export sector is key to its economic growth. It is…
In a tricky global economy, Vietnamese exports shrank in 2023, but the rising economic power managed to be one of the only countries to increase merchandise exports to China, thanks to a surprising surge in exports of fruits and vegetables, as well as rice, demonstrating the importance of export diversification.
The Difficulties of 2023
The country of…
It’s not been an easy time for international trade, as a recent report co-authored by Trade Data Monitor and the World Intellectual Property Organization found.
High-tech exports are set to decline by 4 percent in 2023, according to the TDM/WIPO analysis. Global and high-tech trade have soared and sunk like rollercoasters since 2019. After…
It’s not an easy time for global trade--the roughly $25 trillion piece of the $105 trillion world economy. Protectionism is roaring in the U.S. and Europe, causing geopolitical tension with China. Inflation across most of the world has shrunk consumers’ wallets and imports, while deflation in China is also scaring businesses. Asian supply chains are…
As global trade putters in 2023, because of weak consumer demand, lingering Covid fallout and protectionist tensions, the slackening has highlighted niche sectors in the global economy where trade is still robust.
The upshot: We’re no longer living in a world where every consumer is buying more stuff and everything is made in China, or…
The steep drop in Vietnam’s exports and imports during the first quarter of 2023 points to vulnerabilities in the country of around 100 million’s economy, as well as slumping factory orders and business confidence around the world.
Vietnam’s quarterly exports fell 11.8% year-on-year to $79.3 billion in the first three months of 2023. Trade makes…
Vietnam, which has become a global trade powerhouse and one of the global economy’s key world trade indicators, posted weak exports in December, suggesting a challenging economic situation in 2023.
In December, exports fell 15.8% year-on-year to $29 billion. Because Vietnam has become a manufacturing platform for so many companies making high-tech and other consumer…
The question for Vietnam is no longer whether it’s going to become an export powerhouse. Exports in the first nine months of 2022 rose 17.2% to $282.3 billion, helping the economy expand almost 14% in the third quarter.
Shipments to key markets like the U.S. are rising, key multinational firms are flocking to Vietnam to…
After undergoing one of the toughest Covid-19 lockdowns in the world during 2021, Vietnam’s economy appears to be headed toward a full recovery, according to an analysis of first-half 2022 imports and exports by Trade Data Monitor, the world’s premier source of trade statistics.
Vietnamese imports increased 15.5% year-on-year to $185.3 billion during the first…
The burgeoning economy of Vietnam is maturing its way into a new phase. The Asian nation of 97.3 million has taken its place among the linchpins of high-tech supply chains, taking in raw materials and churning out mobile phones, tablets, and other computer gear for over a billion middle-class consumers all over the world.
In…