India‘s product exports grew 67.4% year-on-year in May, to US $ 32.21 billion, the Ministry of Commerce and Industry reported. That amount also represented an advance of 7.9% compared to the same month of 2019. India’s merchandise trade as a percentage of GDP accounts for about 30%. The
The Group of Seven (G7) agreed that Special and Differential Treatment (SDT) in the World Trade Organization (WTO) must be demonstrated, in a context in which the debate includes China and other economies. Despite being an export powerhouse, China wants to maintain special treatment in the WTO, which
Remittances to Mexico rose 41.5% in April, the highest year-on-year rate in 17 years, the Bank of Mexico (Banxico) reported on Tuesday. With this rise, this indicator reached 4,084 million dollars. Thus, the accumulated balance of remittances in 2021 is 14,671 million dollars, this is an increase of
The member countries of the Comprehensive and Progressive Treaty of Trans-Pacific Partnership (CPTPP) created a group to analyze the United Kingdom‘s entry into that trade agreement. From the beginning of 2021, the United Kingdom formally applied to join the CPTPP through a letter sent to New Zealand, which
South Korea‘s imports rose 37.9% in May at an annual rate, totaling $ 47.81 billion. Conversely, South Korean exports were worth 50.73 billion dollars, an increase of 45.6%, year-on-year. In particular, the growth rate of exports was the highest in 32 years, reported the Ministry of Commerce, Industry
Brazil‘s exports grew 46.5% year-on-year in May, to 26.948 million dollars. On the contrary, Brazilian imports of products totaled 17.657 million dollars, an advance of 57.4%, reported the Ministry of Development, Industry and Foreign Trade. From the point of view of the Central Bank of Brazil, the new