Posts

Showing posts from October, 2022

THE RISE OF IMPORTANCE FOR GLOBAL TRADE DATA

Image
THE RISE OF IMPORTANCE FOR GLOBAL TRADE DATA To experience the effects of Global Trade in any country, one must visit a nearby supermarket or hypermarket. This is so because if a person finds products listed in the market which are from different countries, like Brazilian coffee, Thailand’s chocolates, or South African wine then it becomes sure that his or her country is into international trade and hence maintains a Global Trade Data for itself every fiscal year. In layman’s terms, international or global trade is a type of trading practice wherein goods and services are traded between different countries and continents. Be it consumer goods, eatables, or machinery, everything is traded in the global market.  Also, to maintain the records of each transaction that took place in a year, every country is bound to create Global Trade Data for itself for yearly presentation wherein it records all imports and exports that happened along with the amount of quantity sold or bought. ...

MAJOR INDUSTRIES CONTRIBUTING TO VIETNAM TRADE DATA

Image
MAJOR INDUSTRIES CONTRIBUTING TO VIETNAM TRADE DATA OVERVIEW Vietnam is a rapidly growing country that is primarily located in the Southeastern part of Asia. The country shares its major borders with China and Laos. Vietnam Is equipped with a huge coastline that runs throughout the South China sea. If we talk about the size, it is the 21 st largest country in the world. As per Vietnam Trade Data for the year 2020, the country imported goods worth $270 billion and secured 18 th position amongst all countries. On the other hand, Vietnam exported goods worth $300 billion and secured 16 th position amongst all countries. Vietnam Trade data is indeed one of the best sources of data that helps a marketer to know about current trends and insights that are prevailing in the Vietnamese market. Due to the cheap and young labor that is available in the nation, Vietnam is becoming a potential source of profit generation for many companies and firms. Big companies are setting up their pl...

WHY IS THE ECONOMY OF TURKEY DEPENDENT ON THE AUTOMOBILE INDUSTRY

Image
OVERVIEW Based on the analysis of the past few years, it is noted that Turkey exported cars and spare parts for motor vehicles the most, accounting for USD 10.1 billion and USD 4.60 billion respectively in the year 2020. If we refer to import export data for the year 2022 in the month of July, it is clearly observed that Turkey was into exporting vehicles the most. The figure was close to USD 1.72 billion. From the trend, it is a bit obvious that the automotive industry in Turkey is on the growing side and will be a booming industry in the future. It is also estimated that the import export data of Turkey will be dominated by the automobile sector in the upcoming years. Nonetheless, the automobile industry has emerged and has been the major contributor to the country’s GDP. If you glance over the import export data of the country for the year 2016, you will be surprised to know that Turkey has already secured 14 th rank in the world for greatest automotive manufacturing country i...

TOP STORIES OF THE WEEK ABOUT PHILIPPINES TRADE DATA

Image
TOP STORIES OF THE WEEK ABOUT PHILIPPINES TRADE DATA ALL ABOUT THE PHILIPPINES IN BRIEF The Philippines, now officially known as the Republic of the Philippines is a country that is situated in southeast Asia. With a land area of 300,000 square kilometers, the country inhabits 10.96 crores of people which makes it the 13 th most populous country in the world. The Philippines shares its borders with multiple countries, namely, Taiwan, Japan, Palau, Indonesia, Malaysia, Vietnam, and China in all directions. AMAZING AND KILLER FACTS ABOUT PHILIPPINES TRADE DATA THAT YOU HAVEN’T HEARD TILL NOW In this article, we are going to share some awesome and accurate statistics from the Philippines trade data that will help marketers and traders who are associated with international trading to a very large extent. After getting through these statistics derived from Philippines trade data they can make a very accurate and to-the-point decision on whether they should target the Philippi...

POPULAR NARRATIVES OF THE WEEK ABOUT THE PHILIPPINES TRADE DATA

Image
POPULAR NARRATIVES OF THE WEEK ABOUT THE PHILIPPINES TRADE DATA ABOUT THE PHILIPPINES IN A NUTSHELL The Philippines, presently formally known as the Republic of Philippines is a country that is arranged in southeast Asia. With a land area of 300,000 square kilometers, the nation occupies 10.96 crores of individuals which makes it the thirteenth most crowded country on the planet. The Philippines imparts its boundaries to different nations like Taiwan, Japan, Palau, Indonesia, Malaysia, Vietnam, and China every which way. ASTONISHING AND EXECUTIONER REALITIES ABOUT THE PHILIPPINES TRADE DATA THAT YOU HAVEN'T HEARD TILL NOW In this article, we will share a few marvelous and exact measurements from the Philippines Trade Data that will help marketers and brokers who are related to global exchange to an extremely enormous degree. In the wake of overcoming these measurements got from the Philippines Trade Data report, they can make an exceptionally exact and to-the-point choic...