Author: Editorial Desk

Efforts to strengthen transport connectivity in Gansu Province could create new logistical pathways that support European exports to China over the coming years, as regional infrastructure planning increasingly links major Eurasian trade routes. Recommendations for Gansu’s 15th Five-Year Plan for economic and social development, covering the 2026–2030 period, call for closer integration between the China-Europe Railway Express and the New International Land-Sea Trade Corridor, both of which pass through the province. While the initiative is not designed exclusively for Europe, the enhanced connectivity is expected to intersect with European trade participants in multiple ways, potentially expanding commercial opportunities. From January…

China has approved revisions to its Foreign Trade Law to strengthen Beijing’s ability to respond to trade disputes, tighten controls over outbound shipments of sensitive goods, and further open parts of its economy as global trade pressures intensify. The revised law was passed on Saturday by China’s top legislative body and will take effect on March 1, 2026, according to Xinhua. The changes come as China seeks to reinforce its legal framework amid growing geopolitical tensions and efforts by major economies to reduce reliance on Chinese supply chains. First adopted in 1994 and revised multiple times since China joined the…

South Korea has crossed the $700 billion mark in annual exports for the first time, reinforcing its status as the world’s sixth-largest exporting nation as global trade patterns are reshaped by geopolitics, technology shifts, and supply-chain realignment. Provisional data released Monday by the Korea Customs Service and the Ministry of Trade, Industry and Energy showed cumulative exports reached $700 billion. The milestone comes seven years after exports first exceeded $600 billion in 2018, representing the fastest progression between the two thresholds among major exporting economies. Only China, Germany, Japan, the Netherlands, and the United States have previously surpassed the $700…

Vietnam’s seafood exports have gained strong traction in Singapore over the past two years, with rising import values reinforcing trade ties and supporting the deepening of the Vietnam–Singapore Comprehensive Strategic Partnership. The momentum accelerated in 2025, marking a clear breakthrough as Singapore’s demand for Vietnamese seafood increased alongside growing confidence in product quality and branding. Official data from Singapore’s Accounting and Corporate Regulatory Authority shows that Vietnam moved from sixth to fifth place among Singapore’s largest seafood exporters in 2024. The upward trend continued into 2025, with Vietnam ranking fourth in the first quarter and advancing to become the city-state’s…

India’s wine exports are gaining momentum beyond traditional grape varieties, as a small but growing group of fruit-based wineries finds niche demand in overseas markets amid slower growth in domestic consumption. An analysis by Global Trade Research Initiative shows that Indian wine exports reached a record $6.7 million during the first seven months of the current financial year, more than doubling the value recorded in the same period last year. While grape-based wines continue to dominate exports, led largely by Nashik-based Sula Vineyards, non-grape wines are steadily carving out space in international markets, according to industry executives. On Friday, a…

Vietnam pepper industry has reached a historic milestone, with exports setting a new revenue record and the United States paying premium prices as Vietnam consolidates its dominance in the global market. Data from the General Department of Customs shows that Vietnam exported more than 223,242 tons of pepper in the first 11 months of 2025, generating over $1.5 billion in revenue. This marks the highest export value ever recorded, surpassing the previous peak achieved in 2016. White pepper emerged as a key growth driver during the period. Exports reached around 24,000 tons, valued at approximately $189.7 million, reflecting a 23.7%…

Vietnam trade has reached a historic milestone, with the country’s total import–export turnover surpassing the 900 billion USD mark for the first time, according to figures announced by Vietnam Customs, underscoring a major advance in Vietnam’s international economic integration. At a ceremony held on December 25, Vietnam Customs said total trade turnover in 2025 was estimated at around 920 billion, representing a year-on-year increase of 16.9%. Exports were valued at approximately $ 470.59 billion, up 15.9%, while imports reached about $ 449.41 billion, rising 18%. The figures resulted in a trade surplus of roughly 21.2 billion, marking Vietnam’s 10th consecutive…

Egyptian government entities have signed two cooperation protocols aimed at auditing and unifying the country’s export and import trade data across official data-issuing authorities, to improve accuracy, consistency, and transparency in foreign trade statistics According to a Cabinet statement, the protocols seek to align national data methodologies with international standards for calculating macroeconomic indicators, while enhancing the quality and reliability of official figures. The agreements are the outcome of work by two specialized committees, one established under Prime Ministerial Decree No. 1887 of 2023 to unify export data, and another formed under Decree No. 3610 of 2024 to unify import…

China has filed a complaint at the WTO (World Trade Organization) against India, challenging New Delhi’s support measures for the solar and information technology sectors. According to a WTO communication, Beijing has requested consultations with India under the WTO’s dispute settlement mechanism, alleging that India’s tariff treatment and incentive-linked measures discriminate against Chinese goods. China argues that certain policies favor the use of domestically produced goods over imported ones, putting foreign suppliers, including Chinese exporters, at a disadvantage. China is a major exporter of products in the solar cell, solar module, and information technology segments. In its submission, it said…

Kuwait and China have formalized a new agreement to advance the development of the Mina Mubarak Al-Kabeer Port in northern Kuwait, deepening bilateral cooperation under Kuwait’s economic transformation agenda and China’s global infrastructure strategy. The port project is a core component of Kuwait Vision 2035 and aligns with China’s Belt and Road Initiative. It forms part of Kuwait’s broader effort to diversify its economy and reduce long-term reliance on oil by strengthening logistics, manufacturing, and trade-linked industries. On December 22, Kuwait’s Ministry of Public Works signed contracts covering engineering, supply, and construction with China Communications Construction Company. The port development…