China: Brazil, ASEAN & EU are the top three food trade partners

China: Brazil, ASEAN & EU are the top three food trade partners

China imported and exported food worth 1.25 trillion yuan [180 billion USD] in 2018. This was a growth of 4.9% in comparison with the previous year. Brazil, the ASEAN, and the EU were China’s top three trade partners. The 17th session of the China (Luohe) Food Exposition took place in Luohe, Henan, on May 16th, 2019. Gao Jibo, the head of data analysis at the General Administration of Customs China, announced the “2018 China Food Industry Import and Export Trade Conditions” during the...

Cogoport adds new product in major boost for Indian importers


• Leading digital freight platform expands for imports from China
Mumbai, India; Monday 13th May 2019: Cogoport, India’s leading digital freight logistics business, has announced a major expansion of services to now accommodate imports from Asia in a boost for customers across the country. Cogoport has now added a wide-selection of services for Asian route into India – beginning with ports from China and to be followed by others across the Asia region.

Cogoport has already established itself as the leading digital platform for Indian customers to major ports across the globe and is now offering competitive freight rates for bookings of import containers across major shipping lines. The announcement provides further impetus to Cogoport’s growing customer base, which already includes more than 10,000 shippers with import requirements.

Purnendu Shekhar, founder and CEO of Cogoport says: “Our customers tell us that Cogoport is already saving them between 10-15% on their logistics costs and around 40-man hours per booking for export shipments. With the launch of this imports product, a natural second phase progression for our digital platform, we are meeting demand from importers who can now harness our technology for an efficient, cost-effective and transparent freight shipping process. With just a couple of clicks importers can now benefit from an immediate choice of comparative prices from a range of premium shipping lines on our Cogoport platform, and at the same time be rewarded for being partners in this digital transformation.”

Cogoport says it has had a huge demand for inbound shipment services, notably from China into India, and can now also satisfy significant demand for those cargo shipments, with other points soon to follow across Asia.

The Cogoport digital logistics marketplace was launched in 2017 and has been growing at 25% per month by removing the traditional, lengthy and cumbersome offline quotation and booking process. It uses ground-breaking technology, algorithms and analytics to enable its users to move freight faster and more efficiently – with a choice of providers on port pairs, dedicated back-end booking confirmation and seamless shipment tracking.

In less than two years, Cogoport has already attracted more than 25,000 registered exporters and importers, largely but not exclusively small and medium-size enterprises (SMEs), with pricing from over 40 major international shipping line partners. It also works with more than 40 non-vessel operating common carriers (NVOCCs) and 300 freight forwarders.

Users not only benefit from faster decision-making, transparent pricing and lower shipping costs but also automatically earn rewards on future shipments and from 90+ brand partners.

About Cogoport
Cogoport launched its innovative digital freight marketplace in 2017, transforming the way customers had previously booked their cargo shipments.

The Cogoport web platform removes the complexity that otherwise exists in the process of shipping containers – offering a comparative list of transparent pricing from shipping line providers on city pairs across the globe. This single online platform has already attracted 25,000 registered customers, who can select their best solution in minutes, reducing the time previously spent on booking shipments, unnecessary complexity and their costs. Users can track the progress of their consignment at every stage of its journey, in real time, making life simpler for all involved in the logistics chain.

Headquartered in Mumbai, and now with 12 offices across India and the Netherlands, Cogoport already employs 450 people and is growing on average by 25% month on month. More information can be found at:

Author: David Wilson

First vessel sails from Antwerp to Brazilian Port of Açu

The ‘BBC Amethyst’ anchored in Porto do Açu, Brazil, becoming the first ship to make the big crossing from Antwerp to the Brazilian sea port. This is considered an important achievement for the Port of Antwerp and the local partners who invested in the Brazilian port.

The ship’s cargo was a Siemens gas turbine, for the new thermoelectric power plant of GNA (Gás Natural Açu Ltda). With a 3 gigawatt capacity, the complex will provide around 14 million of households with electricity.


Export orders down at China’s major trade fair

The total value of export orders signed at China’s biggest trade fair fell slightly from a year earlier, state media reported on Sunday, May 5, weighed down by soft global demand and a tit-for-tat tariff war with the United States.

Export orders at the Canton Fair -barometer of Chinese exports- dropped by 1.1 percent to 199.5 billion yuan ($29.6 billion), the official Xinhua news agency said.

Read more on Reuters.

The post Export orders down at China’s major trade fair appeared first on Container...

Hungary: Trade surplus revised down in Feb

In February 2019, the volume of exports was up 6.5% and that of imports 6.6% higher than in February 2018, shows a second reading of external goods trade data from the Central Statistical Office (KSH). The surplus was EUR 816 million, EUR 26 mln less than one year earlier.

In the first reading, published on April 8, the KSH had put the surplus at EUR 891 mln.

In terms of value, exports rose 6.2% to EUR 9.058 bln in February, while imports rose 7.3% to EUR 8.242 bln. Both growth rates were revised...

Port of Rotterdam presents ‘Rotterdam Food Hub’

The Port of Rotterdam is attempting to expand its position as Western Europe’s biggest transit port for agricultural, horticultural and fishery sector products. Part of this strategy is the creation of the Rotterdam Food Hub at Calandkanaal, at the entrance to Maasvlakte.

This hub is a 60-hectare industrial site, offering facilities for ‘agrofood’ sector companies. Land allocation discussions are also taking place with interested parties for more than half of the 60-hectare industrial site near...

China’s key land port sees rising volumes

Horgos Port in northwest China’s Xinjiang Uygur Autonomous Region saw a rise in imports and exports in the first quarter of this year, local authorities said.

From January to March, imports and exports at this land port bordering Kazakhstan reached 8.65 million tonnes, an increase of 17.1 percent compared with the same period last year, mainly driven by imports, according to the Horgos Customs.

The trade volume hit 26.8 billion yuan (around 4 billion U.S. dollars), up 32.24 percent year on year.


US achieves new record in petroleum product exports in 2018

US exports of total petroleum products achieved a record high in 2018, reaching an annual average of 5.6 million barrels per day (b/d), which is an increase of 366,000 b/d from 2017 levels, EIA reports. The three largest petroleum product exports from the US in 2018 were distillate, propane, and motor gasoline.

Total US petroleum product exports set a record high in 2018 for the 16th year in a row. From 2009 to 2013, distillate exports were the largest contributors to the annual growth....

Turkey exports €450M worth of fresh produce

The Mediterranean Fresh Fruits & Vegetables Exporters’ Association (AKIB) has announced the total export revenue in the first quarter of 2019. According to the head of the organization, Turkey’s overall exports of fresh produce totaled 509,4 million USD (452,9 million Euro). The exports of citrus had a 43% share in terms of value.

Nejdat Sin, head of AKIB, emphasized the importance of the fresh produce sector and that its contribution in Turkish economy cannot be undermined. He added that they...

Commodity-dependent countries must diversify exports, UN urges

Developing countries that depend on commodities must seek diversification strategies to mitigate the adverse effects of price volatility in international markets, explained speakers at UNCTAD’s meeting of experts on commodities and development, on 15 April at the UN’s European headquarters in Geneva, Switzerland.

Today 67% of developing countries depend on commodities, a situation that has changed little in the last two decades, UNCTAD Deputy Secretary-General Isabelle Durant said. Least...