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China Finally Affected by Protectionist Tariffs

UncategorizedOctober 23, 202474Views 0Likes 0Comments

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…

It’s a Good Summer for Trade But China Ag Imports Fell In July

UncategorizedAugust 12, 2024609Views 0Likes 0Comments

During a summer that’s been a boon for free trade despite a looming escalation in trade wars, and the possibility of a second Trump administration, China’s agricultural imports dropped 4.9% year-on-year in July to $17.8 billion. The trend reflects China’s regulatory practices, strategic protectionism, and shifting demographics. China has blocked some U.S. beef imports because of…

China Reboots Trade Thanks to Africa, India, Latin America

UncategorizedMarch 11, 20241KViews 0Likes 0Comments

Don’t let anybody tell you that globalization is dying—at least, not yet. Global trade economists obsess over consumer demand and rising protectionism in the U.S. and Europe, but this week’s release of Chinese trade statistics shows that other markets might soon be catching up in relevance. The Promise of Other Markets China’s exports to Latin…

Vietnam’s Secret Weapon: Agriculture

UncategorizedMarch 1, 20241KViews 0Likes 0Comments

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…

Ukraine: Two Years of Wheat Exports In Review

UncategorizedFebruary 29, 20241KViews 0Likes 0Comments

As we enter the third year after the invasion of Ukraine, the landscape of Ukrainian trade, and, specifically, exports of wheat, have drastically evolved. As the world's 4th-largest exporter of wheat and meslin in 2023, Ukraine has remained a relatively stable producer of wheat over the past decade and has remained especially resilient over the…

Trade Data Monitor’s Top 10 Trade Trends Going Into 2024

UncategorizedDecember 20, 20232KViews 0Likes 0Comments

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…