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Showing posts with the label import export data

Turkey's Trade Landscape in 2024: Exports and Imports Overview

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  As Turkey navigates the complexities of the global economy in 2024, its trade dynamics reveal a robust export sector, projected to reach nearly $250 billion. This impressive figure underscores the country's strategic positioning in various key sectors, particularly textiles and agricultural products. However, Turkey's imports are estimated at around $300 billion, indicating a significant trade deficit that highlights ongoing challenges in balancing its external trade. This division between exports and imports not only reflects Turkey's economic strengths but also exposes vulnerabilities that could impact its growth trajectory. The reliance on imported energy and raw materials emphasizes the need for structural reforms and diversification strategies to enhance domestic production capabilities. As global markets evolve, Turkey must leverage its competitive advantages while addressing these challenges to ensure sustainable economic growth and resilience in the face of extern

India's Agrochemical Exports Poised to Surge: A $10 Billion Opportunity Awaits

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  India's agrochemical exports are set to exceed Rs 80,000 crore in the next four years, contingent on a conducive environment, according to the Agro Chem Federation of India (ACFI) and EY. The report reveals that Indian export data shows agrochemical exports reached Rs 43,223 crore in the 2022-23 fiscal year, outpacing domestic consumption. To boost Indian trade data , the report calls for government initiatives like streamlined licensing, improved infrastructure, and incentives for biopesticide production. India's agrochemical industry stands out for its quality and affordability, making it the preferred choice for farmers across 130 countries. However, challenges remain, including heavy reliance on imports and a complex registration process for new molecules. ACFI Chairman Parikshit Mundhra emphasizes that the "Make in India" initiative can transform these challenges into opportunities, enhancing agricultural productivity and positioning India as a global manufa

Mexico's beer exports hit record $5.2 Bn in 2023

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  Mexico is the biggest market for branded beers. Mexico was the leading exporter of beers across the global market. According to Mexico import export data , in 2023, around $5.2 billion worth of beers were exported by Mexico. Over 6789 shipments of beer were made across Mexico. The highest export value for Mexican beer was recorded in June 2023 with over $623 million worth.  The United States was the top market for Mexican beer. Around 88% of Mexico's overall beer exports went to the United States. Mexico export data shows over $5.1 billion worth of beer exports were recorded in 2023. There were a notable amount of Mexico's beer export shipments to the Dominican Republic, Guatemala, Colombia and Peru. Cervecera De Coahulia, Amazing Wines, and Bacardi were the top beer exporting brands from Mexico.  Heineken USA, Ambev Luxembourg and KHS GMBH were the top beer importing  companies from Mexico responsible for the majority of shipments last year.  Heineken USA, Ambev Luxembourg