Blog Category: News
August #2 Trade News: India, Dubai, Saudi, Egypt, Turkey, Nigeria, Kuwait & Australia
India China trade is down almost 1% in the first half of 2023 with China’s overall foreign trade dropping 5% in the same period. Exports were down 12.4% to June 2023 compared with the same period in 2021. Trade in goods is down 56m with the US in the first 5 months of 2023 compared to the same period last year. The US is China’s largest trading partner. UK exports to China were up 37.7% in 2022 whilst imports were up only 10% in the same period. The EU’s imports from China were down in 2022 while exports remained flat.
August #1 Trade News: Egypt, Saudi, India, Vietnam, Africa, Israel, South Korea
India China trade is down almost 1% in the first half of 2023 with China’s overall foreign trade dropping 5% in the same period. Exports were down 12.4% to June 2023 compared with the same period in 2021. Trade in goods is down 56m with the US in the first 5 months of 2023 compared to the same period last year. The US is China’s largest trading partner. UK exports to China were up 37.7% in 2022 whilst imports were up only 10% in the same period. The EU’s imports from China were down in 2022 while exports remained flat.
July #4 Trade News: Mercosur, Turkey, Netherlands, Houston, UK, Spain
India China trade is down almost 1% in the first half of 2023 with China’s overall foreign trade dropping 5% in the same period. Exports were down 12.4% to June 2023 compared with the same period in 2021. Trade in goods is down 56m with the US in the first 5 months of 2023 compared to the same period last year. The US is China’s largest trading partner. UK exports to China were up 37.7% in 2022 whilst imports were up only 10% in the same period. The EU’s imports from China were down in 2022 while exports remained flat.
July #3 Trade News: China, Israel Arab, Twitter, Illinois, Philippines, Turkey
India China trade is down almost 1% in the first half of 2023 with China’s overall foreign trade dropping 5% in the same period. Exports were down 12.4% to June 2023 compared with the same period in 2021. Trade in goods is down 56m with the US in the first 5 months of 2023 compared to the same period last year. The US is China’s largest trading partner. UK exports to China were up 37.7% in 2022 whilst imports were up only 10% in the same period. The EU’s imports from China were down in 2022 while exports remained flat.
July #2 Trade News: South Africa, Egypt, UAE, LatAm, US Taiwan, UK
Uzbekistan located in Central Asia has been a model country when it comes to attracting FDI in the past 6 years when it stopped being a Soviet state. The incoming President at the death of long-time autocrat in 2016 set about opening up the country to the West, liberalising the economy and becoming a free market.
July #1 Trade News: Uzbekistan, Developing countries, AI, Nigeria, Bank of Ireland, Philippines, UK, Germany, West Midlands, Utah trade mission
Uzbekistan located in Central Asia has been a model country when it comes to attracting FDI in the past 6 years when it stopped being a Soviet state. The incoming President at the death of long-time autocrat in 2016 set about opening up the country to the West, liberalising the economy and becoming a free market.
June #4 Trade News: US grants, Modi, Australia EU, Indonesia, Mexico, Costa Rica
Increase in AI FDI in 2022 than 2021 and 3.5% of all projects were AI projects. The US was the top recipient of AI related projects with 122 followed by UK with 27 and India with 35.
June #3 Trade News: AI FDI, US FTAs, London Tech Week, Indonesia, NSIA
Increase in AI FDI in 2022 than 2021 and 3.5% of all projects were AI projects. The US was the top recipient of AI related projects with 122 followed by UK with 27 and India with 35.
June #2 Trade News: Morocco Gigafactory, Africa trade, Atlantic declaration, Hydrogen, Thailand EVs, UK, Europe
The UK has joined the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) last week in the largest trade deal since Brexit. The UK is the first European nation to join the trade bloc. Negotiations began in June 2021. The 11 members agreed in a meeting in Vietnam on the UK’s accession earlier this month. The UK has existing trade deals with all member nations except Malaysia. The Government’s economic impact assessment estimates the deal is worth a 0.08% boost to UK GDP.
North-American Aerospace FDI and Trade Mission to North Rhine-Westphalia in Germany
Registrations open: A great way to discover opportunities available to American and Canadian businesses who intend to expand in one of the world leading aerospace markets. From June 10th – 13th, 2024, Trade Horizons Limited, on behalf of Germany Trade and Invest Gesellschaft für Außenwirtschaft und standortmarketing mbH and in cooperation with NRW.Global Business, is organising a Germany-bound Trade Mission to the state of North Rhine-Westphalia (NRW).