Browsing: trade

Bahrain’s non-oil exports of national origin has fallen 6% to BD894 million ($2.37 billion) in Q2 2024 compared to the same quarter in 2023. The top 10 countries accounted for 64% of the total export value.

EU imports of Russian fertilizer soared by 70% to 1.9 million tons between January and May this year compared to the same period in 2023, Vedomosti reported on Tuesday, citing Eurostat data.

RIYADH: Saudi Arabia’s King Abdulaziz Port in Dammam reported a notable 37.4 percent year-on-year increase in container handling during the first half of 2024, indicating strong growth in the maritime sector.

RIYADH: Saudi Arabia’s non-oil exports hit a two-year high in May, reaching SR28.89 billion ($7.70 billion), an 8.2 percent increase compared to the same month in 2023. 

RIYADH: Industrial and logistics asset demand in Dubai and Abu Dhabi surged 185 percent year-on-year to 18 million sq. feet in the first half of 2024, a new report showed. 

Chinese exports to Russia dropped by 0.8% to $51.6 bln in the first half of the year, while imports grew by 3.9% to $65.2 bln

The cost to ship a standard 40-foot container of toys, auto parts or other goods from Shanghai to New York has jumped to nearly $10,000, fueling frustration among importers and prompting some experts to say the market is in a bubble.

Expanded export and import capacity and increasing natural gas demand drove the growth in global LNG trade last year.

Mutual trade between Russia and the members of the Shanghai Cooperation Organization (SCO) surged by 25% in 2023, amounting to $333 billion

Meanwhile, falling freight rates show that penalties have failed to affect Russia’s oil shipment costs, the outlet has noted