Romelda Ascutia
Exports of intermediate goods sustain uptick in Q2
In the second quarter, world exports of IGs rose by 47% year-on-year, continuing the uptrend since the peak of the COVID-19 crisis...
Asia’s economic losses due to COVID reach $1.7T in 2020
The overall economic losses of 15 Asian countries and regions last year amounted to about US$1.7 trillion in terms of gross domestic...
Chinese mfg conditions improve but power shortages constrain output
Strongest increase in total new work in four monthsProduction falls slightly amid rising costs and reduced power supplyAverage lead times increase at...
The rising cost of Asia-Europe trade
While some mainland European ports see slightly lower shipping costs, increases in the average cost of importing from Shanghai are universal across...
Japan Customs orders new x-ray systems for Tokyo, Kobe ports
Japan Customs has tapped Smiths Detection to provide two interlaced, dual-view cargo inspection systems for screening trucks and cargo containersThe inspection systems...
China’s economy slows in Q3 on policy challenges
The slower growth was attributed to policy challenges, zero-tolerance COVID-19 measures, high base effect from last year's third quarter, and energy shortagesIndustrial...
Singapore’s exports grow for 10 straight months
Singapore's non-oil domestic exports (NODX) grew 12.3% year-on-year in September as both electronics and non-electronics shipments expandedThe electronic NODX expanded by 14.4%...
IMF slashes growth outlook as supply chain bottlenecks, inflation build up
Pandemic outbreaks in critical links of global supply chains have resulted in longer than expected supply disruptions, feeding inflation in many countriesGlobal...
WTO online tool helps users navigate HS code changes ahead of...
The HS Tracker will help customs officials and traders prepare for HS amendments that will enter into force on January 1, 2022It...
WTO upgrades 2021 goods trade forecast on strong rebound
World merchandise trade volume is expected to grow 10.8% in 2021 and to slow to a 4.7% growth in 2022Quarterly trade growth...