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Tag Archives: Exports

Iran expects steep increase in gas output, exports

TEHRAN: Iran will see a steep rise in its natural gas output and exports after last year’s easing of Western sanctions, its deputy oil minister said on Tuesday, adding that recent deals with global firms show they believe sanctions will not come back. Amir Hossein Zamaninia, Iran’s deputy oil minister for trade and international affairs, said Iran’s gas production would ... Read More »

Exports from Iranian FTZs increase

TEHRAN: Over $281 million worth of goods and services were exported from Iran’s seven free trade and industrial zones during the 10 months to January 19, indicating a 29% rise year-on-year. Reexports from the Iranian FTZs amounted to $406 million during the same period, registering a 26% increase compared with the corresponding period of last year, IRNA reported, citing data ... Read More »

Ukraine boosting corn starch production, exports

KIEV: Ukraine continues boosting production and exports of corn starch. So, more than 8.73 KMT of corn starch was produced in the country in November, or 60% more than in November 2015 (5.46 KMT). Ukraine’s corn starch output increased 22% in 2016 year-on-year, to 62.28 KMT against 50.98 KMT at the same time in 2015. Along with production, Ukrainian corn ... Read More »

Iraqi oil minister asks foreign companies to increase oil production, exports

BAGHDAD: Iraqi Oil Minister Jabbar Al-Luaibi on Tuesday asked foreign oil companies to increase crude oil and natural gas production and exports. Al-Luaibi, who took over office a month ago, held a meeting in Baghdad with oil companies operating in Iraq. During the meeting he said that the ministry “supports foreign oil companies’ work in order to improve the production ... Read More »

South Africa Shipping Container Trade: Weak economy takes toll on container imports, exports

CAPE TOWN: The economic slowdown in China, declining demand for mining commodities, dwindling consumer spending power and the persistent drought in Southern Africa have all negatively impacted shipping container trade in South Africa in the first quarter of the year, with import and export markets declining by 8% and 12%, year-on-year, respectively, says Maersk Line Southern Africa trade manager Matthew ... Read More »

Ukraine increases wheat bran production, exports

KIEV: Since the beginning of current season until April Ukrainian wheat bran production had increased by 10% to 214.05 KMT against 195.18 KMT during the same period of 2014/15. In line with production wheat bran exports had grown by 7%. During July-April 2015/16 Ukraine exported 523.65 KMT. Increase of shipments to Arab and African countries is this season`s peculiarity. In ... Read More »

South Korea Q1 GDP slows on weak capex, exports

SEOUL: South Korea’s economic growth halved in the first quarter from the previous three-month period as poor exports and stumbling capital investment cast doubts over policymakers’ more optimistic expectations for a near-term recovery. First-quarter growth slowed to 0.4 percent in January-March over the previous quarter, the Bank of Korea (BOK) estimated on Tuesday, slightly below expectations and the weakest seen ... Read More »

S. Korea seeks balanced growth in domestic demand, exports

SEOUL: The government’s 2016 economic policy plan is aimed at maintaining growth momentum both in domestic demand and exports to let people feel economic vitality in the third year of the Park Geun-hye administration. The Ministry of Strategy and Finance and six other economy-related ministries reported their annual policy plans to the President on Thursday, focusing on keeping the pace ... Read More »

Exports, imports fall more than expected in Oct

WASHINGTON: Exports fell for a 10th straight month in October — with totals worse than expected — even as imports continued their slide, showing the trade-dependent economy is still struggling to get back on track. Southeast Asia’s second-largest economy has yet to get back on firm footing after last year’s coup, with pivotal exports and domestic consumption persistently sluggish. Exports ... Read More »

Above 80 % of Vietnamese imports, exports transported by foreign shipping firms

HANOI: Vietnamese shipping companies are losing in their own homeland as domestic producers continue to choose foreign shippers for their imports and exports. More than 80 per cent of Vietnamese imports and exports are transported by foreign shipping firms, said Do Xuan Quang, chairman of the Viet Nam Logistics Association (VLA). There are only 40 foreign shipping companies in Viet Nam, ... Read More »

Spanish Value of exports 8% up in May, volume down 5%

MADRID: The value of Spanish fruit and vegetable exports in May increased by 8% compared to the same month in 2014, totalling 1,144 million Euro, while the volume declined by 5%, reaching 1 million tonnes, according to data of the Department of Customs and Special Taxes of the Ministry of Economy processed by FEPEX. Fruit exports in May grew by ... Read More »

Steel shipments, exports both fall steeply YOY

US: Steel shipments and imports posted small monthly gains in May, but fell sharply year-over-year. Shipments, the amount of steel that’s actually sold, increased 1.2 percent in May over April but were down 14.6 percent as compared to May 2014. Exports rose 3 percent in May as compared to April, but were 16 percent less than the year prior, according ... Read More »

India’s handicrafts exports to cross Rs 17,000 core end of 2015-16: Study

New Delhi: According to a recently concluded sector specific ASSOCHAM study. India’s handicrafts exports are likely to cross Rs 17,000 crore mark by the end of current fiscal year of 2015-16 and is further expected to cross Rs 24,000 crore mark by FY 2020-21. “Clocking a compounded annual growth rate of about 5.3 per cent during the 11 years period ... Read More »

Jordan’s total exports during the first 4 months of 2015 amounts to JD1.7b

AMMAN: Total exports during the first four months of 2015 amounted to JD1.7 billion, 12.1 per cent less than the figure during the same period of 2014, according to the Department of Statistics (DoS). Data showed a 13.7 per cent drop in domestic exports to JD1.5 billion, and a 2.2 per cent decline in re-exported items to JD262.3 million, compared ... Read More »

Norway exports oil worth 13.2 billion kroner in January, shows 55% decline

OSLO: Norway’s oil exports have plunged by more than a half since early 2014, authorities said Monday as deeply depressed crude prices dragged down the wealthy country’s trade surplus. The Nordic country exported 13.2 billion kroner ($1.74 billion, 1.53 billion euros) worth of oil in January, a drop of 55 percent from the same month in 2014, according to figures ... Read More »

Jordanian exports decline by 12.1% to JD1.7m

AMMAN: Total exports during the first four months of 2015 amounted to JD1.7 billion, 12.1 per cent less than the figure during the same period of 2014, according to the Department of Statistics (DoS). Data showed a 13.7 per cent drop in domestic exports to JD1.5 billion, and a 2.2 per cent decline in re-exported items to JD262.3 million, compared ... Read More »

Exports of UK gin rises by 37% in past five years

LONDON: The UK, the world’s biggest exporter of gin, has shipped the national spirit worth a record 390 million pounds last year. Exports of UK gin have risen by 37 per cent in the past five years, with sales to 139 countries bringing 1.76 billion pounds to Britain’s economy. The UK is the biggest exporter of gin in the world ... Read More »

Finland’s exports Value increases €4.8b in April 2015

HELSINKI: The value of exports in April stood at €4.8 billion compared €4.2 billion of imports in the same month, according to the preliminary statistics of foreign trade of goods provided by Finnish Customs. The value of exports increased by one per cent while the value of imports decreased compared to the previous year, confirmed the statement from the Finnish ... Read More »

Jordan exports summer fruit 400 tons of watermelon daily

AMMAN: The Kingdom is exporting 400 tonnes of watermelon and melon daily to several countries, mainly the Gulf states, a government official said on Thursday. Agricultural exports are set to increase as production is expected to peak soon, Agriculture Ministry Spokesperson Nimer Haddadin said, adding that different kinds of summer fruits and vegetables are also being exported to Iraq and ... Read More »

Finnish exports swells 5% to €4.8b in March 2015

HELSINKI: Finnish exports swelled by five percent in March despite continuing declines in sales to neighbouring Russia and Sweden, Finnish Customs officials said on Friday. Exports were valued at €4.8 billion, slightly exceeded by imports of €4.9 billion, representing a three-percent rise. Finland ended March with a trade deficit of €105 million, less than half of what it had been ... Read More »