In 2023, the export trade in Latin America and the Caribbean region increased, and China became its largest trading partner. The bilateral trade volume increased by 6.8% year - on - year, and investment cooperation continued to deepen. The Latin American region has made new progress in trade facilitation, and the diversity of export products has increased. Looking ahead, Latin American countries will strengthen the development of industrial clusters and enhance their international trade status.
Facing an economic recession, Germanys GDP slightly decreased by 0.3% in 2023, and its foreign trade shrank by 1.4%. Both exports and imports declined. Although it maintained a trade surplus, the pressure on foreign trade increased.
Red Sea Crisis Severely Impacts Korean Auto and Petrochemical Exports: Renault Koreas Auto Exports Plummet 90%, Ocean Freight Rate Hike Warning, Korean Companies Face Logistics Challenges and Cost Pressures.
Bangladesh becomes worlds second-largest apparel exporter, with 2023 US exports doubling, denim industry surpassing China, as non-traditional markets and China-Bangladesh FTA negotiations accelerate.
In 2023, photovoltaics, wind power, and new energy vehicles became the main drivers of Chinas non-ferrous metal consumption growth, with significant increases in copper, aluminum, and zinc consumption, and investment growth reaching a decade-high.
Shanghais 2023 foreign trade import-export volume grew slightly by 0.7%, electric vehicle exports exceeded 100 billion, exports to Hong Kong surged significantly, and the new three products became new growth highlights.
The main service targets of foreign trade export agents are enterprises or individuals who want to export their products or services to other countries or regions but lack professional knowledge and experience.
In 2023, Brazils agricultural exports reached $166.55 billion, accounting for 49% of total exports, demonstrating its strong position in the global agricultural market, with plans for sustainable production increases.
The European Commission released the White Paper on Export Control, proposing short - and medium - term action recommendations to strengthen and unify export controls, including the establishment of a high - level coordination forum and the clarification of the regulation assessment time.