GLOBAL GOODS TRADE

There are several major factors that create a natural limit to how much of a supply chain can be exfiltrated from China, even if sweeteners like free land, tax breaks and cheap utilities are on offer.

The World Trade Organization anticipates a 2.6% growth in world merchandise trade volume for April 2024 and a 3.3% increase for the same month in 2025. Trade values declined by 2% year-on-year in the first quarter of 2024, attributed to falling expo...

The UNCTAD nowcast predicts a stronger positive trend for the second quarter of 2024, projecting an approximate 2% increase for the first half of 2024. This increase is expected to add around $250 billion to goods trade and about $100 billion to ser...

Sunil D'Souza of Tata Consumer says today's consumer who is coming of age is the consumer who is born in a liberalised India. They have seen an India which is confident, growing with an accelerating GDP. So, these consumers are very confident of goi...

The government is considering reopening the Production-Linked Incentive Scheme for White Goods (PLIWG) to boost domestic manufacturing of high-value components like compressors, copper tubes, and aluminium foils. The Department for Promotion of Indu...

Pakistani American businessman Sajid Tarar praises Prime Minister Narendra Modi for ensuring stability in India and South Asia, emphasizing Modi's leadership as crucial for the region's future. Tarar hopes for improved India-Pakistan relations under...

India has taken Australia to arbitration at the WTO over changes to services commitments, impacting trade. The new regulations aim to lower global trade costs by $125 billion.

India's current account balance (CAB) is projected to reach a surplus of approximately USD 6 billion in Q4 2024, marking the first surplus since Q1 2022. However, the overall CAB for FY24 is expected to remain in deficit at 0.6% of GDP, the lowest s...

The GTRI also recommended support to SMEs, avoiding quality control orders becoming non-tariff barriers, regulatory impact assessment, developing globally acceptable standards and inking mutual recognition pacts with trading partners to strengthen I...

Geopolitical tensions and the Red Sea crisis have increased delivery times for machinery, affecting production lines and capital goods planning for Indian companies like Amber Group and Havells India.

Chinese overseas investment, with a focus on minerals extraction in Africa, is rebounding post-pandemic. However, the relationship remains extractive, not fully aligned with the Belt and Road Initiative's goals outlined by President Xi Jinping.

Global goods trade is rebounding, boosting shipping rates and triggering memories of past disruptions for supply-chain managers.

India expects positive responses from automobile companies on its electric-vehicle policy to attract global players like Tesla through tariff tweaks. The government aims to encourage manufacturers to establish bases in India without incurring costs....

Biden's decision this past week to codify and escalate tariffs imposed by Trump made clear that the United States has closed out a decades-long era that embraced trade with China and prized the gains of lower-cost products over the loss of geographi...

Sarbananda Sonowal, Union Minister of Ports, Shipping, and Waterways, stated that India aims to replicate the Chabahar port model in other strategic locations in the region to acquire additional assets. In an interview with ET, he emphasized that In...

The US on Tuesday reignited the trade war with China by announcing a series of proposed tariff increases on imports including electric vehicles (EVs), batteries, and various other goods.

The discussions for review of the ASEAN-India Trade in Goods Agreement (AITIGA), to make it more trade-facilitative and beneficial for businesses across the region, started in May 2023. The Joint Committee undertaking the review work has met four ti...

The discussions for review of AITIGA (Asean-India Trade in Goods Agreement) started in May 2023 to make it more trade-facilitative and beneficial for businesses across the region, the commerce ministry said. A joint committee, which is undertaking t...

Devina Mehra of First Global reflects on the market's consensus shift towards capital goods, emphasizing the need to monitor potential sector peaks. She also discusses stock market volatility, election impact, and risk management strategies for smal...