From being one of the most underdeveloped countries in 1971, Bangladesh has transformed into one of the fastest-growing economies, with an impressive average annual GDP growth of 6.4% between 2016 and 2021. It got lower-middle-income status in 2015 and is expected to get upper-middle-income country status by 2031. Bangladesh is a significant ally of the …
Hong Kong is one of the most influential areas in the world regarding shipping and a great gateway to Asia. Thanks to the low taxes and simple tax system, Hong Kong earned the title of the world’s freest economy, giving it a solid and influential position in the world’s trading market. The UK is home …
The EU-Vietnam Free Trade Agreement (EVFTA) between Vietnam and the European Union officially came into effect on August 1, 2020. Under this agreement, Vietnam and EU countries use preferential tariffs on a wide range of goods. This article discusses shipping from Vietnam to Germany. Shipping from Vietnam to Germany Goods exported from Vietnam to Germany …
Shipping from China to Ghana is becoming more popular as businesses in Ghana want to introduce goods into the Ghanaian market. China is Ghana’s biggest supplier. This article takes a closer look at shipping from China to Ghana and discusses different transit options. Shipping from China to Ghana There are two ways of shipping goods …
The United States is Malaysia’s 3rd top export and import partner (according to WITS). Due to the Malaysia-US Free Trade Agreement and Malaysia’s policy, trade between those two countries is very profitable. Malaysia also has a few Free Trade Zones, which allow shipping without paying duty. Before shipping from Malaysia to the US, it is …
The Netherlands is Hong Kong’s fourth largest importer after China, India, and the UK. Hong Kong primarily exports goods such as integrated circuits, gas turbines, broadcasting equipment, gold, and silver. What are the methods of shipping from Hong Kong to the Netherlands? Hong Kong – the Netherlands trade Goods imported from Hong Kong to the …
Singapore is known for its strategic geographical location, excellent port infrastructure, and shipping and logistics expertise, but it also has a stable and business-friendly environment. Singapore’s relationship with Australia is excellent. Regarding trading between those two countries, the SAFTA (Singapore-Australia Free Trade Agreement) comes in handy, reducing, or eliminating many tariffs, making shipping from Singapore …
South Korea is the ninth-largest exporter in the world. It primarily exports electrical and electronic equipment, machinery, nuclear reactors, vehicles, and plastics. China, the USA, and Vietnam are the biggest importers of South Korean products, but Canada and EU countries also play a significant role in the total value of imports. Explore your options for …
Germany is Japan’s eighth-largest trading partner. As part of the European Union, Germany is also free from many tariffs on cargo from and to Japan due to the FTA agreement signed between the EU and Japan. Moreover, both countries are members of the G7, strengthening their trading relations. Japan and Germany specialize in their respective …
Shanghai, located on the eastern coast of China, close to the Yangtze River, is an excellent gateway for trading with China and the rest of Asia. Rotterdam, for comparison, is Europe’s largest port and a key hub for international trade. Both of those cities play a crucial role on their continents in terms of international …