Business News Asia
The Ministry of Agriculture, Forestry, and Fisheries in Japan has reported a 14.3% increase in the value of Japan’s exports of agricultural and fishery products in 2022. The exports reached a new high of 1.4 trillion yen ($10.88 billion), marking…
According to the Federal Statistical Office, German merchandise exports fell by 6.3% in December 2022 compared to the previous month. This decline was just below the expected 3.3% drop forecasted by analysts. In addition, German imports saw a 6.1% decrease…
South Korean exports took a major hit in January, falling for the fourth consecutive month and declining faster than expected. This decline can be attributed to the global economic downturn, a decrease in demand and the reopening of China after…
The Deputy Minister of Agriculture and Cooperatives announced that the country has seen a significant increase in the export of agricultural products, particularly those with Thai phytosanitary certificates, due to the improving global economy following the COVID-19 situation. According to…
According to Krungthai COMPASS, the value of Thai exports in 2023 is likely to grow by 0.7%, supported by the relaxation of China’s disease control measures in January. The return of China’s manufacturing sector to normal is expected to help…
Germany’s Eastern European Economic Relations Committee announced that German exports to Russia last year fell to their lowest level since 2003, resulting in a record high trade deficit with Russia. According to the committee, German exports to Russia were 14.6…
The chairman of the Thai Shippers’ Council (TNSC), also known as the Council of Exporters, has revealed that the TNSC Board of Directors has been considering suggestions for alleviating problems and helping Thai exporters affected by the rapid appreciation of…
A spokesman for the automotive industry, the Federation of Thai Industries (FTI), reported that car exports in 2022 exceeded the target of 1 million units, returning to pre-COVID-19 levels. This success is due to the fact that a shortage of…
SEOUL, South Korea – South Korea’s Customs Service announced on Saturday that exports for the country fell 2.7% in the first 20 days of January year-on-year, primarily due to a slump in semiconductor chip export sales. Exports were valued at…
Sri Lanka’s Department of Rubber Development has announced that the country earned $900 million in export revenue from rubber products in 2022. This is a slight decrease from the 2021 figure of $1 billion, but the department aims to increase…
