exports – NATURALDEPOSIT

China’s Exports Decline 7.5% in May amid Weakening Global Demand for Chinese Goods

China’s exports experienced a significant decline of 7.5 percent in May, marking the first drop in three months, according to the latest report from the Chinese customs office. The slowdown in global demand for Chinese products, including smartphones, contributed to this decline. The decrease in exports was more pronounced than what analysts at Reuters had …

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Ukraine Anticipates 40% Decline in Grain and Oilseed Exports this Year

News

The Minister of Agriculture and Food Policy in Ukraine has projected a significant decrease of around 40% in the country’s grain and oilseed exports for the current year. According to the predictions, Ukraine will only be able to export approximately 46 million tonnes of grain and oilseed in 2023, marking a substantial decline from the …

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South Korea’s Exports Plunge 15.2% in May as Semiconductor Demand Slows

News

South Korea’s Ministry of Trade, Industry, and Energy has released data revealing a sharp decline in exports for the month of May. Exports fell by 15.2 percent year-on-year, amounting to $52.24 billion. This marks the eighth consecutive month of decline, primarily driven by weakening demand for semiconductors amid the global economic slowdown. One of South …

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birds eye view photo of freight containers

Vietnam’s Imports and Exports Decline in January-May amid Sluggish Global Demand

News

Vietnam has witnessed a significant decline in both imports and exports during the January-May period, according to the statistics office of Vietnam (GSO). The country’s exports fell by 11.6 percent year-on-year to $136.17 billion, while imports experienced a decline of 17.9 percent, amounting to $126.37 billion. As a result, Vietnam achieved a trade surplus of …

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Vietnam’s Exports Contract for the Fourth Consecutive Month Amidst Global Demand Slowdown

News

Vietnam’s exports have experienced a decline for the fourth consecutive month this year, raising concerns about a potential slowdown in the country’s economy. This setback comes at a time when Vietnam is already grappling with challenges in the local real estate sector. In May, Vietnam witnessed a 5.9 percent drop in exports, while imports also …

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Thai Chicken Exports Thrive in 2023 as Demand Surges Post-Economic Recovery, Boosted by China’s Market Opening

News

According to the analysis by SCB EIC, the Thai broiler industry is poised for continued growth in 2023, building upon the momentum of the previous year. The industry’s expansion is being fueled by robust demand for chicken meat, both from domestic and international markets, as well as the opening of new export opportunities, particularly in …

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Thailand’s Car Exports Soar to 79,940 Units in April, Marking a 43.53% Growth

News

Thailand’s automotive industry experienced a significant surge in car exports during the month of April 2023, according to the latest data released by the Federation of Thai Industries (FTI). A total of 79,940 finished cars were exported, representing a remarkable growth rate of 43.53% compared to April 2022. However, the figure saw a decline of …

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colorful cargo containers on ship near pier

South Korean Exports Decline 16.1% Amidst Sluggish Chip Industry

News

According to Korean customs data, South Korea’s exports between May 1 and May 20 this year amounted to $32.4 billion, marking a 16.1% decrease compared to the $38.6 billion recorded during the same period last year. The decline can be attributed to the prolonged slump in the global chip industry, which has adversely impacted South …

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Thailand’s Rice Exports Surge in First Four Months, Aiming to Meet Growing Demand

News

Thailand, the world’s second-largest rice exporter after India, witnessed a significant increase in rice exports during the first four months of 2023. According to the Deputy Secretary-General to the Prime Minister for Political Affairs, the country exported more than 2.79 million tons of rice, valued at over 1.514 billion US dollars. These figures indicate a …

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top view photography of cargo ship with intermodal containers

Japan’s April Exports Plummet to the Lowest Level in Over 2 Years as Chinese Demand Slows

News

Japan experienced a significant setback in its export sector during April, with the latest data from the Japanese Ministry of Finance revealing that exports rose at the slowest pace in over two years. This decline was primarily driven by a decrease in exports to China, signaling a concerning trend of weakening demand from the world’s …

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