India and the European Union (EU) are focusing on advancing key initiatives such as the Free Trade Agreement (FTA), investment protection, and cooperation on global issues. India’s total imports from EU totalled USD 59 billion and India’s total exports to EU totalled USD 88 billion in 2023. Commodities majorly shipped to the Netherlands, the United Kingdom, Germany, Italy, Belgium, France, and Spain. Shipments arrived into India mostly from Germany, Italy, the United Kingdom, France, Belgium, Spain, the Netherlands. Here’s a trade picture of India and the EU ..read more

Recently, China and Malaysia hosted a significant summit in Kuala Lumpur from 17 December to 19 December 2024. This summit is celebrating the 50 years of diplomatic and economic relations between China and Malaysia. The summit was aimed to strengthen economic ties, foster cultural value, and promote regional corporations for seamless connectivity ..read more

Donald Trump achieved a significant majority in the US presidential election, intensifying threats of sanctions, trade controls, tariffs, and countermeasures. The Trump administration will impose billions of dollars in tariffs on Chinese imports. This will make it difficult for exporters from China to enter the US market, affecting the overall export market and its share ..read more

Recently, China, the world’s largest manufacturing powerhouse and the second-largest economy, has cemented its position as a key player in the international market. However, in recent years, China's economy has slowed down, and it is facing severe economic challenges, from a collapse of the real estate business to severe trade tensions with the United States ..read more

With Donald Trump set to return to the White House following a landslide victory in the U.S. presidential election, India feels optimistic about the ties between the two countries that present both opportunities and challenges across various domains. India has a positive trade with the United States of America. India’s exports to the U.S. are higher than India’s imports from the U.S. How Trump 2.0 could impact India-US trade relations? Let’s discuss future aspects of India-US relations and the current trade scenario between the countries ..read more

Vietnam rises as a global manufacturing hub and positions as a key destination for business relocation. With significant growth forecasts for the import-export sector, the country is set to thrive as the global economy recovers. Major industries of Vietnam include electronics, textiles, pharmaceuticals, coffee, and e-commerce, making the Asian country a strategic player in global trade. Check Vietnam import export data with detailed information in this blog ..read more

The 16th BRICS Summit concluded with the adoption of the Kazan Declaration, a comprehensive document outlining key areas of cooperation. The summit held in Kazan, Russia, saw productive discussions on strengthening multilateralism, countering terrorism, promoting economic growth, and addressing the concerns of the Global South ..read more

India plays a significant role in reflecting its complex balancing act between competing global powers. Recently, India’s head went to Islamabad for the Shanghai Cooperation Organisation (SCO) and talked about key challenges – terrorism, separatism and extremism. This was perhaps the first visit after India stopped dialogue with Pakistan following 26/11 Mumbai terror attacks. The trade between India and Pakistan was restricted. Let’s look at India-Pakistan bilateral trade relations ..read more

The bilateral relationship between China and the Philippines is characterized by a blend of economic opportunities through initiatives like the Belt and Road initiative. They are also working significantly in boosting trade and investment. In recent years, China and the Philippines play a crucial role in geopolitical interests of Southeast Asia. Let’s have a detailed understanding of China-Philippines bilateral trade with import export data analysis ..read more

Iran and Israel, countries with good cooperative and diplomatic relations in the 1960s, have turned bitter since the Iranian revolution. This bitterness resulted in proxy conflicts, cyber-attacks, damage to shipping routes and shipments, and military threats ..read more