As the global pharmaceutical industry ramps up industrial scale Covid-19 vaccine planning and production, new supply chains are taking shape in the U.S., Europe and Asia, according to the latest export and import statistics supplied by Trade Data Monitor. In Asia, it is China leading the effort, trade numbers show. With vaccine-related pharmaceutical production and…

The most populous country in Africa, Nigeria has built up its economy as a petroleum powerhouse. The OPEC member has become a key supplier of oil and gas to India, Europe, the U.S., and China. Abuja’s business district is packed with the offices of major oil companies. Although the sector leaves out a large number…

As students head back to school this month and countries around the world cobble together education systems for the fall with Zoom and duct tape, the increase in distance learning and home schooling appears to be hurting trade in what’s become a core technology: textbooks. Officially counted under national tariff codes such as 4901990010 (U.S.)…

The business of China is strong. The country’s exports increased to $235.3 billion in August, up 9.5% compared to the same month a year ago. Because China still reigns supreme as the world’s top maker and exporter of manufactured goods from car parts to computers, its trading performance is closely watched as business and government…

Chinese exports unexpectedly rose in July, thanks to booms in demand for high-tech gear needed for workers staying at home, according to an analysis by Trade Data Monitor, the world’s premier source of export and import statistics. As the world’s number one manufacturer and exporter of consumer and industrial goods, China is considered a bellwether…

As the first country to suffer a Covid-19 lockdown China, the world’s top exporter and trading power, has been under scrutiny. Now it offers hope: In June, Chinese monthly imports increased 2.7% year-on-year to $167.2 billion, and exports rose 0.6% to $213.6 billion, according to Trade Data Monitor, the world’s top source of export and…

As Saudi Arabia battles to prop up oil and gas markets amidst the worst global economic downturn in decades, it’s facing renewed challenges to its mission of diversifying exports away from the traditional petroleum pillar. Crown Prince Mohammed bin Salman has embarked on the most serious effort since the desert kingdom’s founding in 1932 to…

The Covid-19 pandemic has ravaged the global clothing industry. The question is how it will emerge when the world economy goes back to normal sometime this year or next. When will consumers be ready to shop for clothes with the same abandon as this past decade? And when they do, will they buy from the…

The global Covid-19 pandemic is the global economy’s biggest speed bump this century. The International Monetary Fund has said it could shrink the world’s gross domestic product by 3%, and possibly more. Among those that have to adjust the most is China’s mammoth trading economy, the linchpin of global trade. The long-term disruption still isn’t…

As the first country to suffer the impact of the coronavirus, China is leading the way in restarting its economy, and its performance offers some clues to what the U.S. and EU can expect for the rest of the year. To some, China’s performance is a sign of resilience. Markets on Thursday rose to the…

The Covid-19 pandemic is accelerating a “decoupling” between U.S. and Chinese high-tech sectors and supply chains, according to an analysis by Trade Data Monitor. What March trade data suggests is that companies from the two rival economic superpowers are shipping more regionally, a sign they’re heading toward cutting countries out of their supply chains and…

In the post-coronavirus global economy, Brazil has a big advantage: A powerful export sector, geared toward shipping meat, as well as commodities like soybeans and iron ore, to China. Brazil’s exports in March increased 10.4% from the year before to $19.2 billion, according to Trade Data Monitor. Shipments to China, Brazil’s top trading partner, grew…

As the U.S. started taking in the full impact of the novel coronavirus, or Covid-19, in March, it’s worth looking at how the virus affected Chinese trade. The outbreak of the virus, and efforts to stop its spread, dented Chinese exports and imports, with a much bigger impact forecast for the rest of the year,…

Two years into the trade dispute between the U.S. and China, the winners and losers of this new wave of protectionism are emerging more clearly. More specifically, the trade dispute is shifting trade flows away from the world’s two economic superpowers and toward new export powerhouses like Vietnam, Thailand, Mexico and Brazil, and hurting farmers…

As technology amplifies the capability of governments and companies to probe the lives of citizens and consumers, surveillance has become a global commodity, and a booming business for the world’s biggest maker and consumer of communications and audio-visual equipment: China. In the first 10 months of 2019, China exported USD 320.1 billion worth of high-tech…

When Britain joined the European Union in 1973, freer trade was the union’s primary purpose. After World War Two wrecked the continent, EU nations badly needed liberalized economies to rebuild and prosper. As the UK leaves the EU on Jan. 31, partly as a populist reaction to Brussels expanding its powers beyond its original remit,…

Hong Kong, a beacon for free trade for 200 years, is catching a cold from the ill winds afflicting global trade around the world. Much of the focus on the densely packed territory of 7.4 million this year has centred around pro-democracy protests and opponents of a plan to extradite criminal suspects to mainland China.…

China and Europe have long been twin pillars of global trade. Renaissance London, Bruges and Rome imported porcelain, silk and tea. The original Silk Road connecting ancient China and South Eastern Europe and the Middle East dates to before Christ. Beijing’s ongoing struggles to forge fresh terms of trade with a more protectionist US administration…

The trade war between Washington and Beijing has cast a spotlight on China’s export juggernaut, a result of one of the most remarkable economic transformations in recorded history. Under the administration of President Trump, the US has imposed, or plans to impose, tariffs on nearly all Chinese imports into the country – worth USD 539.7 billion in…

The world’s population has more than tripled since 1950, to almost eight billion. By 2050, it’s expected to reach 9.7 billion. All those people need to eat, and farms must keep fueling higher yields. That’s heated up global trade in the stuff that helps plants grow — fertilizers. By improving soil nutrition, fertilizers boost yields of key crops…

The US-China trade war is catalyzing investments in third countries where executives know they’ll be able to manufacture and export with fewer import tariffs on the goods they’re making. One of the countries benefiting the most is Vietnam, whose economy is undergoing one of the most remarkable booms anywhere this century. After pushing itself through…

Kenya and Ethiopia’s growing garment exports signal a new phase of development in East Africa and underscore how China-backed investments in infrastructure are helping to reshape economies. For decades, Kenya and Ethiopia’s main shipments to rich markets in Europe and the U.S. have been niche agricultural products such as coffee, tea, sesame seeds, and fresh…

The push of government subsidies and pull of consumer demand are driving new markets for electric vehicles, which run on electric batteries instead of carbon-based fuel, with widespread repercussions on shipping, trade and supply chains. Electric vehicles, which include cars, trucks and bicycles, are still less than 10% of the global $2 trillion auto market,…