The International Monetary Fund (IMF) recommended companies and countries to increase the diversification of the origin of their imports and that these are more substitutable among themselves as a recipe to cushion future global trade impacts, according to one of the analytical chapters of its…
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Browsing Tag
exports
War conflict between Russia and Ukraine disturbs oil market
The economist and oil expert Rafael Quiroz considers that the war between Russia and Ukraine is of a political nature, however, its effects disturb the oil market, particularly in the increase in the price of crude oil, because for the…
Venezuelan exports could grow by 2022
Venezuela has great possibilities to increase its exports for this 2022, due to the "conditions in the international markets". This was stated by the president of the Venezuelan Association of Exporters (AVEX), Ramón Goyo, who considers…
Spain registers historical record of exports
Spain registers a historical record of exports. Spanish companies once again make history by finding abroad the necessary source to overcome their crisis, as they did in 2008, breaking a record with exports in the order of 229,963 million…
Trade between Venezuela and Colombia increased by 72 %
The commercial exchange between Venezuela and Colombia was located at 192 million dollars, between the months of January to July 2021, compared to the 112 million dollars registered in 2020 during the same period, which represents an…
China will continue in the Latin American export market
China will continue to be Latin America's main trading partner after the pandemic, according to a Coface report, which indicates that Latin American exports to the Asian giant are strongly concentrated in agri-food products in Argentina and…
Venezuela increased exports of marine products
In the first half of the year, foreign sales of registered marine products reached 13 thousand tons of shrimp; 1,000 tons of blue crab, 907 tons of "tajalí" and octopus with 629 tons, which represents an increase of 10 % compared to 2020 in…
Russia is the second largest oil supplier to the US
The United States' imports from Russia of crude and refined petroleum products increased 23 % compared to May to reach about 844,000 barrels per day. This is demonstrated by the information published by the Energy Information Administration…
Egypt and the US to unblock the Suez Canal
Egypt accepted the help offered by the United States to unblock the Suez Canal, which has become impassable due to the grounding of a ship belonging to the Evergreen Line freight transport company.
"In relation to current efforts to move…
Japan’s exports keep falling
Exports from Japan reached a value of almost 45,000 million dollars last July, which represents a year-on-year fall of 19.2%, as a consequence of the sharp decline in sales to the United States (-19.5%) and Western Europe (-32.5%), despite…
Petrobras exports in May were successful
The Brazilian oil company Petrobas announced that during the month of May it registered a record of oil exports, despite the coronavirus crisis.
Specifically, the company noted that a record 1.11 million tons of crude oil was recorded,…
WTO forecasts continued contractions in trade
According to the figures reflected in the indicator published this Wednesday by the World Trade Organization (WTO), the drop in merchandise trade continues to accentuate during the first quarter of 2020.
The Merchandise Trade Barometer,…