Affected by U.S. sanctions on Russia, China-Russia trade growth slowed significantly in the first two months of 2024, with total trade volume increasing by 9.3% YoY, while banks tightened trade settlements.
The EU plans to impose heavy taxes on wheat from Russia and Belarus. This move may lead to a 50% price increase within Europe and also affect the global grain market.
Polands January foreign trade data shows a 12% decline in exports and a 14.5% drop in imports, with significant decreases in trade with the EU, particularly Germany and Central European countries.
In the first two months of 2024, Chinas integrated circuit imports grew by 16.8% in volume and 15.3% in value, despite a drop in average prices, reflecting strong demand in the electronics manufacturing sector.
The Indian government announced reduced import tariffs for electric vehicles, conditional on multinational companies investing and establishing local factories, benefiting companies like Tesla.
Indias gold imports doubled this year, despite the new EFTA trade agreement excluding gold. Analysis of the challenges and market impact behind surging demand.
January 4, 2025 10:43
Citing human rights and military issues, the US Department of Commerce moved Nicaragua into the D5 country group, strengthening export controls.
Saudi Aramco plans to increase natural gas production by 2030 to surpass Algeria, while investing in LNG and renewable energy projects to enhance national energy diversification.
? 2025. All Rights Reserved. Shanghai ICP No. 2023007705-2 
PSB Record: Shanghai No.31011502009912
