The New Int’l Land-Sea Trade Corridor (ILSTC), a part of the Belt and Road Initiative, is a logistic and trade passage with an operational hub in Chongqing. It covers an extensive logistical area, primarily connecting Western China and the Association of Southeast Asian Nations (ASEAN). It shortened the delivery time significantly, not only domestically but …
A new Germany-Taiwan connection has been established. It connects Europe, mainland China, and Taiwan by rail and sea freight. How long does it take to ship from Germany to Taiwan by this intermodal route? Germany-Taiwan shipping route Germany-Taiwan shipping route is a new rail-sea multimodal route connecting Taiwan, Wuhan, and Duisburg. It was officially opened …
South Korea is the 20th largest trading partner of the UK. In 2022, the value of exports from South Korea amounted to over 7 billion dollars. Exports included vehicles, electrical and electronic equipment, machinery, precious stones, metals, and pearls. Before you start shipping from South Korea to the UK, one of the most important things …
In terms of trade, Singapore has a lot of international importance as a leading economy in Southeast Asia, especially in the financial and industrial sectors. In 2022 European Union was Singapore’s 5th biggest trade partner, with a value of trade exchange exceeding 113 billion dollars. Singapore exports mostly products from the chemical and allied industries, …
In 2022, Pakistan’s exports to Canada were worth over USD 560 million. It mainly exported apparel, plastics, textiles, leather, iron, and steel articles. In terms of importing goods from Canada, it was mostly oil seeds, grains, seeds, fruits, vegetables, certain roots and tubers, and steel and iron. Pakistan’s exports to Canada have been increasing in …
Canadian Pacific and Kansas City Southern merged into Canadian Pacific Kansas City (CPKC) Ltd. The company will create the first-ever single-line railway connecting Mexico, the US, and Canada. It means that shippers will get new environmentally friendly options to move their goods across North America. CPKC – the first freight rail line to run through …
China has undoubtedly become a global power, and its market potential is still growing. Its influence can be seen in the markets of almost every country, be it trade or politics. Thanks to the improvement of relations between Brazil and China, these two countries have become great business partners since the early 2000s. After all, …
In 2022, Turkey and Belgium’s bilateral trade was over $9.7 billion. The fact that the European Union is Turkey’s largest trade partner indicates that commercial relations, bilateral trade, and investments between Turkey and Belgium will continue to grow and get stronger. In this article, we will present the means of shipping from Turkey to Belgium, …
Bangladesh is about to graduate from the least developed country, while Spain is a highly developed social market economy. Right now, Spain is the 15th largest importer in the world, while Bangladesh is the 34th economy in the world in terms of GDP. Both countries export and import similar products, as major goods exported from …
China is one of Nigeria’s main trade partners, along with the United States, India, the Netherlands, and Belgium. Nigeria is China’s number one trading partner among African countries. About 1/4 of Nigerian imports come from China. What goods did they import? Machinery, electronic goods, vehicles, medical and agricultural equipment, construction materials, furniture, solar panels, textiles, …