Indonesia currently has 13 Regional Trade Agreements (RTAs), according to a report from the World Trade Organization (WTO). In general, the Indonesian Government supports the liberalization of international trade and investment through its participation in various international and regional trade organizations. On the one hand, Indonesia is a
Among the largest soybean producers in the world, production is concentrated in the United States, Brazil, Argentina and China. In the secondary sector of the economy, the processing industry converts soybeans into soybean meal, soybean hulls, and soybean oil. Typically, a bushel of soybeans yields about 44 pounds
International trade in water fell at a year-on-year rate of 3.8% in the world in 2020, according to a report published by the Economic Commission for Latin America and the Caribbean (ECLAC). With this, these commercial flows were located at 11,494 million tons. Worldwide containerized trade, measured in
US cheese exports to the world broke records, according to data from the Department of Agriculture. After ranking seventh among the world’s largest cheese exporters in 2010, the United States climbed to fifth in 2020, displacing New Zealand and Denmark, and below Germany, the Netherlands, Italy and France.
CargoX, GSBN, IBM and Maersk have advanced their services related to Blockchain technology, highlighted a UNCTAD report. In general, Blockchain technology could improve almost every aspect of international trade. For example, smart contracts allow the automatic, fast and timely issuance of invoices, permits, licenses and customs certificates that
The United States led exports of medical devices in 2020, albeit with increasing competition from China. More precisely, this product group covers medical, surgical, dental or veterinary instruments and devices. For example, it includes electrocardiographs, ultrasonic or magnetic resonance imaging devices, and dental lathes. Medical devices worth $