Australia to ban sheep exports from June to August

​​The Australian Department of Agriculture and Water Resources released its proposed conditions for sheep exports to the Middle East for the upcoming northern summer to support animal welfare outcomes. Among others, the Secretary will sign an Order banning sheep exports from June to August by law.

More specifically, the government proposes the following:

  • The allometric stocking densities, independent auditing of pen air turnover readings, automatic watering arrangements and reduced notifiable...

Germany: The main trading partner of Bulgaria

Bulgaria’s exports to other European Union countries increased by 9.1 per in 2018 in comparison with 2017, according to preliminary figures released on March 13 by the National Statistical Institute (NSI).

Bulgaria’s exports to other EU countries added up to about 37.6 billion leva.

The country’s main trading partners were Germany, Italy, Romania, Greece, France and Belgium which accounted for 67.5 per cent of its exports to other EU countries.

Read more on Sofia Globe.

The post Germany: The main...

Serbian Imp / Exp increased in January

The value of Serbian exports and imports increased in January 2019. According to the Statistical Office of the Republic of Serbia, the exports amounted to around EUR 1.19 billion, which translates to 3% more than in January 2018, whereas the imports hiked by 11.5% to EUR 1.65 billion.

The total foreign trade value was increased by 7.8% to EUR 2.84 billion. The trade deficit reached EUR 466.7 million, which is an increase of 40.9%.

Read more on Serbian Monitor.

The post Serbian Imp / Exp increased...

Nigerian NBS highlights foreign trade numbers

National Bureau of Statistics of Nigeria published a report about its foreign trade in Goods Statistics. Nigerian imports’ value fell almost 15% in Q4 2018 compared to Q3 2018. On the other hand, the exports’ value increased by almost 3.5%  in the same period.
Nigerian NBS highlights the most important statistics: 
– The value of total imports fell 14.99% in Q4 2018 compared to Q3 2018, but rose 69.6% over the corresponding quarter of 2017. – Imported Agricultural products was valued at...

Industry groups reject flawed new biosecurity levy

Industry groups from a broad range of import, shipping, transport, manufacturing, energy and export sectors have had enough.

In a joint statement released today industry groups highlight the confusion over the need for the levy, especially now that industry is already paying an increasing proportion of Australia’s biosecurity costs.

They are also concerned that:

  • the implementation is rushed,
  • there has been no assessment of the flow-on costs to consumers, or
  • how the tax will impact Australia’s...

Vietnam makes a strong start of the year

Vietnam made export turnovers of roughly 36.7 billion U.S. dollars in the first two months of this year, up 5.9 percent year-on-year, and import turnovers of nearly 36.8 billion dollars, up 7.5 percent, seeing a trade deficit of 80 million dollars, General Statistics Office said Thursday, Feb. 28.

Specifically, Vietnam earned 6.8 billion dollars from exporting phones and their components, down 7.3 percent; 4.9 billion dollars from garment and textile products, up 19 percent; 4.2 billion dollars...

Will US-China possible trade deal impact India?

India appears to be a winner from the ongoing China-US trade war, with its exports to China, driven by rises in agricultural products, marine products, and chemical products, set for a record in the 2018-19 fiscal year, which ends on March 31.

But will the momentum be sustained throughout 2019?

Given Indian products’ low competiveness in price as well as hefty transportation costs, the extent of the country’s potential exports to China still largely hinges on the outcome of the China-US trade...

Uzbekistan’s foreign trade turnover increased

The economy of Uzbekistan is one of the largest in the Central Asian region. In recent years, the Uzbek economy has been actively developing and showing high results of stable growth.

The foreign trade turnover of Uzbekistan amounted to $ 3.35 billion, according to the results of January 2019 and increased by 26.8 percent, compared with the same period in 2018.

According to the State Statistics Committee of Uzbekistan, exports reached $ 1.67 billion (growth rate – 16.6 percent), import volume – $...

Bulgaria’s trade balance negative in 2018

In 2018 Bulgaria were exported goods worth BGN 55 275.7 million, which is 1.2% more than in the previous year. In December alone, total exports amounted to BGN 4 154.7 million and decreased by 2.4% compared to the same month of the previous year, preliminary data from the National Statistical Institute show.

The country imported goods worth BGN 62,945.5 million last year, or 6.3% more than in 2017. In December, imports decreased by 8.6% compared to the same month of the previous year and...

Latvian exports, imports rise in 2018

RIGA, Feb 12 (LETA) – In 2018, Latvia exported EUR 12.341 billion worth of goods, up 7.2 percent against a year before, while imports rose 10.1 percent year-on-year to EUR 15.461 billion, according to the data released today by the Central Statistical Bureau (CSB).

Latvia’s foreign trade turnover rose by 8.8 percent or EUR 2.25 billion from 2017 to EUR 27.8 billion at current prices in 2018.

In December 2018, Latvia exported EUR 943.671 million worth of goods, down 19.2 percent from November 2018...