Can developing nations compete in a digital world?

People want in on e-commerce for simple reasons - choice, ease, speed, cost, convenience. Yet not everyone benefits equally, especially in least developed countries.

Reinsurance Market Share Analysis, Growth, Business Development and Future Outlook to 2023

Reinsurance Market report would help stakeholders better understand their competitors and gain more insights to enhance their position in the market.

Israeli Blockchain Start-Up LogChain Completes Its First International Blockchain Shipment

The shipment, from Belgium to Israel, demonstrates the feasibility of performing a full shipping and trade finance digitization process across the supply-chain. LogChain's end-to-end Blockchain solution handles all aspects of the e-BL supply-chain and a digital Letter of Credit audit - to dramatically reduce costs and paperwork, improve customer experience and SLA, increase transparency and minimize fraud risks.

Vietnamese Seafood export targets US$ 10 billion in turnover in 2019

The Vietnamese aquatic sector set a target of raising its export revenue to US$10 billion in 2019, according to the Viet Nam Association of Seafood Exporters and Producers (VASEP).

Blockchain to create ‘a sea of opportunity’ for global trade – Bettina Warburg

Technology promises ‘a golden age of supply chain innovation and borderless trade’, blockchain expert tells WGS. Blockchain revolution will ultimately eliminate need for centralized institutions, Bettina Warburg tells capacity audience.

Vietnam announced a list of 13 key agricultural products

The Ministry of Agriculture and Rural Development (MARD) has announced a list of 13 key agricultural products of Vietnam.The list includes rice, coffee, rubber, cashew nuts, pepper, tea, vegetables and fruit, cassava and cassava products, pork, meat and eggs, tra fish, shrimp, wood and wood products.

Global creative economy shows resilience, growth - report

The remarkable story of China's dominance in the trade of creative goods and services is the golden thread of a new creative economy outlook by UNCTAD.

Continental free trade area to boost e-commerce in Africa

High-level session at UNCTAD's Africa eCommerce Week shows that the continent has the potential to scale e-commerce enterprises - but its new free trade area will be key.

EU's Call for Proposals: Modelling international trade in agri-food products

Trade modelling has a long-standing tradition but some issues are notoriously difficult to assess and include in the existing simulation models.
Applications are closed

Rwanda and Alibaba unveil the first Electronic World Trade Platform hub in Africa

Alibaba Group and the government of Rwanda have agreed to multiple bilateral initiatives to promote the African country’s economy through increased cross-border trade, capacity building and tourism.

Integrated Understanding of Big Data, Big Data Analysis, and Business Intelligence: A Case Study of Logistics

The purpose of this study is twofold. First, we review the literature on BI, big data, and BDA to show that they are not separate methods but an integrated decision support system. Second, we explore how businesses use big data and BDA practically in conjunction with BI through a case study of sorting and logistics processing of a typical courier enterprise.

Intel Artificial Intelligence and Rolls-Royce Push Full Steam ahead on Autonomous Shipping

Rolls-Royce builds shipping systems that are sophisticated and intelligent, and eventually it will add fully autonomous to that portfolio, as it makes commercial shipping safer and more efficient.

Digitalization set to revolutionize shipping – new United Nations report

Technological advances including artificial intelligence, the Internet of Things, blockchain applications, autonomous ships, drones and others have the potential to boost efficiency in the global shipping industry, says the 2018 edition of UNCTAD’s Review of Maritime Transport.

As climate change reshapes agriculture, international trade will be increasingly important to feeding the world

The profile of emerging economies in global agricultural trade has greatly increased, with rising per capita incomes and reduced poverty levels. This has boosted food consumption and imports and led to gains in agricultural productivity, driving up food exports, not only to markets in the industrialized world but also to other countries in the Global South.

«Think big» to make global food trade work for nutrition

Global trade in food is essential for all countries, but the world's trade and regulation rulebook needs to be rebooted with an eye to bolstering trade in food that is healthy and nutritious rather than simply cheap, FAO Director-General José Graziano da Silva said today.
10 months ago

E-commerce boosts trade and competitiveness, report finds

Cross-border e-commerce increasingly helps micro, small and medium-sized enterprises (MSMEs) to become more competitive in international markets. But for companies to realize that potential, they need more and better market intelligence on e-commerce.
a year ago

Growing demand in Gum arabic means new opportunities for African producers

The transformation of gum arabic production into more income-generating activities has the potential to not only promote economic development through higher incomes, but also to secure rural livelihoods, empower vulnerable groups, including women, and promote synergies with natural resource management and climate change mitigation.
a year ago

Alibaba Group and the Government of Thailand Enter into Strategic Partnership in Support of Thailand 4.0

the Government of Thailand and Alibaba entered into a strategic partnership to drive the development of Thailand's digital economy and the Eastern Economic Corridor under the Thailand 4.0 policy. Under this partnership, agencies of the Thai government and business units of Alibaba will work closely together in a number of areas, including e-commerce, digital logistics, tourism and training.
a year ago

AfDB’s Trade Finance Operation signs US $100-million soft commodity finance facility agreement with the Export Trading Group

The African Development Bank has signed a loan agreement for a soft commodity finance facility (SCFF) with the Export Trading Group (ETC). This Facility is innovatively structured as two successive loans of US $100 million, each with a tenor of up to 2 years, thus signifying the African Development Bank’s strong commitment to the promotion of agriculture in Africa.
a year ago

Five European development banks present proposals to foster the internationalization of small and medium-sized enterprises

Despite the positive effects of a stronger international focus on productivity, growth and sustainability, the study found out that only a small number of European SMEs are considering exporting or importing. The main obstacles include a lack of information about international markets, difficulties finding business partners abroad, cumbersome administrative processes and limited human resources.
a year ago

Customer Centric Tips to Grow Your E-Commerce Revenue, Infiniti Research

E commerce is a rapidly evolving field with unpredictable dynamics. In this stream, for every online business that is growing, comes a phase that demands the application of more active strategies to increase E commerce sales. One of the crucial advantages of functioning online is the easy access to large data on customer trends, preferences and shopping behavior.
a year ago

Vietnam’s shrimp exports reached US$3.5 billion

As of November 2017, Vietnam’s shrimp exports reached US$3.5 billion, up 21.8% over the same period in 2016. This represented the efforts of enterprises when facing difficulties in exports to markets.
a year ago

Louis Dreyfus Company, ING, Societe Generale and ABN Amro complete the first agricultural commodity trade through blockchain

The enhanced Easy Trading Connect (ETC) blockchain prototype reduces time spent on processing documents and data from hours to minutes, and allows for a larger trading scope.
a year ago

Maersk and IBM to Form Joint Venture Applying Blockchain to Improve Global Trade and Digitize Supply Chains

Maersk, a global leader in container logistics, and IBM, a leading provider of blockchain, supply chain visibility and interoperability solutions for the enterprise, will use blockchain technology to power the new platform, as well as employ other cloud-based open source technologies including artificial intelligence (AI), IoT and analytics, delivered via IBM Services, in order to help companies move and track goods digitally across international borders.
a year ago

Egypt: new e-commerce strategy aims to double online businesses

Without a fast and reliable connection, businesses and customers will struggle to connect to e-commerce platforms and e-marketplaces, and companies will find it difficult to deliver digital services, such as data analytics and digital marketing.
a year ago

Blockchain, A technology with great potential for the global trade in goods

For the logistics sector, blockchain is less threatening than it is attractive: A transport chain could be documented without any gaps and the genuineness of the shipped object could be guaranteed.
a year ago

Commodity-dependent developing countries need to boost efforts to diversify their economies

According to the report, policies that can promote inclusive growth over the next 15 years include economic diversification, expanding the linkages between the commodity sector and the national economy, adopting countercyclical expenditure policies which build commodity revenue buffers during price upswings to use them during downswings, adding value to raw commodities, and investing in social protection, health and education.
a year ago

DMCC and China partnership to create Dubai marketplace for the Global Coffee Trade

A report recently released by the International Coffee Organization confirmed that global exports in coffee year 2016/17 increased by 4.8% to 122.45 million bags compared to 116.89 million bags in the previous year.
a year ago

European Commission has set out a Renewed Vision on how to help Developing Countries Achieve Prosperity through Trade and Investment

Globally the EU and its Member States are the biggest provider of Aid for Trade. In 2015 alone, EU commitments amounted to a record €13.16 billion per year.
a year ago

Alibaba Group Generated US$25.3 Billion of GMV During the 2017 11.11 Global Shopping Festival

Alibaba announced that US$25.3 billion (RMB168.2 billion) of gross merchandise volume (GMV) was settled through Alipay on November 11, 2017, an increase of 39% compared to 2016. Mobile GMV settled through Alipay accounted for 90% of total GMV.
a year ago

Applications now Open for SheTrades Global to be held at the UK’s International Business Festival

The 2018 edition of SheTrades Global will highlight four sectors, beauty and wellness; IT and business-process outsourcing; textiles and apparel; and tourism. Women entrepreneurs are encouraged to submit their applications by 31 December 2017 to be considered for participation.
Applications are closed
a year ago

Partnership to Develop Supply Chain Financing Solution in ASEAN and Greater China

This is particularly true in Southeast Asia and China where economic growth is particularly dynamic and future competitiveness can no longer exclusively be based on lower costs. The use of digital technologies to streamline supply chain financing is therefore an important topic not only for companies of all sizes but also for governments in the region.
a year ago

Senegal set to boost "green" Exports of Cashews and Mangoes

Mangos and cashews were ultimately selected for the project, the UNCTAD National Green Export Review of Senegal, because of their potential to provide the biggest economic, environmental and social benefits, workshop participants said.
a year ago

ADB Launches New Funded Trade Finance Product with J.P. Morgan to Promote Trade in Developing Asia

The agreement is expected to finance more than $100 million in trade, which will help importers and exporters in developing Asia. Small- and medium-sized enterprises (SMEs) will be the biggest beneficiaries to augment their pre- and post-shipment financing needs.
a year ago

IBM Announces Major Blockchain Solution to Speed Global Payments

IBM announced a new blockchain banking solution that will help financial institutions address the processes of universal cross-border payments, designed to reduce the settlement time and lower the cost of completing global payments for businesses and consumers.
a year ago

E-Commerce and Marketing Management

The utilization of EC in assembling, retailing and administration operations is inspected, and a system for portraying EC parts and their part in various regions of an association is proposed.
a year ago

African Development Bank releases second Trade Finance in Africa survey report, “Overcoming Challenges”

The African Development Bank has so far supported more than US $5 billion of trade involving 90 banks in 25 African countries. The key sectors supported are agriculture (22%) and manufacturing (25%). Intra-African trade represented at least 20% of total trade supported.
a year ago

Ministers from the Greater Mekong Subregion Endorse $64 Billion Project Plan

Six countries, Cambodia, the People's Republic of China (specifically Yunnan Province and Guangxi Zhuang Autonomous Region), Lao People's Democratic Republic, Myanmar, Thailand, and Viet Nam, entered the program in 1992, with assistance from the Asian Development Bank (ADB), to enhance economic relations. Under the program, investment projects worth more than $19.1 billion have so far been undertaken.
a year ago

An Analytical Study on the Export Performance of Dairy Industry in India

This paper tries to examine the issues regarding ‘Export Performance of Dairy Industry of India’: Trends, Challenges and suggestions for improving the trade situation.
2 years ago

The Value Chain of Exported Whiteleg Shrimp: Case Study in Khanh Hoa Province, Vietnam

This study focuses on systematic mapping and verification of benefit distribution among stakeholders in the value chain of white-leg shrimp in Khanh Hoa Province, Vietnam.
2 years ago

$1.5 Trillion Trade Finance Gap Persists Despite Fintech Breakthroughs

Survey respondents believe that fintech and digitization can be a solution to a lack of MSME finance, although awareness and usage of this technology has to be improved. And while fintech is reducing the cost of delivering finance to companies, there is no evidence it is reducing market gaps.
2 years ago

Importance of Strategic Social Media Marketing

The purpose of this paper is to examine the strategic opportunities of social media marketing for organizations. By providing a comprehensive conceptualization and definition of social media marketing, this research outlines its role in advertising, Customer Relationship Management, and e-Word-of-Mouth.
2 years ago

International Enterprise Singapore Unveils Plan to Help Trading Sector Digitalise for Global Growth and Productivity

Digital business-to-business (B2B) e-Commerce transactions are expected to reach US$6.7 trillion by 2020. To overcome disruption and tap this growth, Singapore needs to build a conducive environment for digital marketplaces and platforms to flourish.
2 years ago

Overcoming The Challenges Of Food Importation And Agricultural Development In Nigeria

The main challenges were identified to include a criminal neglect of the agricultural sector as a whole by past administration; rapid population growth, defective agricultural policies and poor execution of such policy. To overcome these challenges, a holistic approach to agricultural development, research, extension services and use of improved technologies was advocated and outlined.
2 years ago

United Arab Emirates will invest US$1.5 billion in Dubai Food Park

DFP seeks to enhance Dubai’s position as a leading regional hub for food trade, import, export and re-export of foodstuffs. Conceptualized at a time when food trade makes up 11 percent of the UAE’s GDP and the food industry is estimated to grow by 70 percent to US$6.3 billion by 2030, the Park will offer all categories of food wholesale services to meet the high demand of the food sector in the UAE and the wider region.
2 years ago

ITC launches Export Potential Map for Businesses in Developing Countries to identify and target Market Opportunities

Export Potential Map pulls in data from a range of sources including import and export data, tariffs, gross domestic product, and geographic data. Based on this data, the tool can quickly carry out evaluations of a country’s potential to export: in specific sectors and to what markets. This represents a unique opportunity for developing countries to ramp up their exports.
2 years ago

OECD and FAO see Slower Growth in Demand keeping World Food Prices Low

Global food commodity prices are projected to remain low over the next decade compared to previous peaks, as demand growth in a number of emerging economies is expected to slow down and biofuel policies have a diminished impact on markets, according to the latest 10-year agricultural outlook published today by the OECD and FAO.
2 years ago

Vietnam is expected to become the EU’s largest trade partner in ASEAN

Vietnam’s exports to the EU rose 4.2 percent, mostly apparel, footwear, agro-forestry-aquatic products and computers, while its imports from the EU rose 14 percent, including machinery, equipment, pharmaceuticals and dairy products.
2 years ago

Curcumin Market Capitalizes on Popularity of Turmeric as a Wonder Herb to Attract R&D Investments

Turmeric, the raw material source of curcumin, is a widely used ingredient in traditional food and medicinal recipes in the Indian sub-continent and Southeast Asia. However, consumers are still unaware of all the differences between turmeric and curcumin in terms of content and therapeutic or health benefits.
2 years ago

Vietnam's Export Turnover projected to hit US$ 200 billion in 2017

Accordingly, remarkable performance was recorded in fuel and minerals (up 40.2%) with export turnover of US$ 2.29 billion; processing industry (up 19.1%) with US$ 78.56 billion; the agro-forestry-fishery sector (up 16.7%) with US$ 12.1 billion.
2 years ago

Blockchain based GAEX platform looks to revolutionize African agricultural industry

The Global Agricultural Exchange or GAEX Pronounced guy-ex, is a startup innovative commodity trading platform that looks to harness the power of Blockchain technology. Working out of Abidjan and New York City, the fintech platform will focus on providing liquidity to farmers and to commodity buyers around the globe by providing an easy, transparent, digital solution to transact.
2 years ago

Clean Energy Transition Will Increase Demand for Minerals, says new World Bank report

The report shows that a shift to a low-carbon future could result in opportunities for mineral-rich countries but also points to the need for these countries to ensure they have long-term strategies in place that enable them to make smart investment decisions. In readiness for growth in demand, countries will need to have appropriate policy mechanisms in place to safeguard local communities and the environment.
2 years ago

Tools of Online Marketing

Marketing is the process of creating and maintaining the need and want of customer and maintaining long term profitable customer relationship. online marketing, internet marketing and e-marketing is the interchangeable term. when marketing activities are conducted by internet is called online or internet marketing or e-marketing.
2 years ago

Labels, Food Safety, and International Trade

The free flow of goods and services internationally, which encourages efficient production and expansion of consumption, may support SDGs concerning inclusive and sustainable economic growth and sustainable consumption and production patterns.
2 years ago

Fostering Development (in Africa) Through Trade Finance

Africa accounts for just 3 per cent of global trade and has a lower proportion of intra-regional trade than any other part of the world. The continent remains overly dependent on the export of raw materials, so that growth levels fluctuate in line with international commodity prices.
2 years ago

Can Online Markets Make Trade More Inclusive?

Technology made available by online markets has significantly reduced the cost of entry into international markets for small and medium-sized firms, who can now reach far away consumers and create a global reputation as a seller at very low costs. Empirical evidence using data from eBay sellers shows that a large share of online firms export, even though they are on average smaller than traditional offline firms.
2 years ago

Alibaba Group and Government of Denmark sign MoU to strengthen Danish Exports and Tourism among Chinese consumers

China is a very promising, but also a challenging market for many Danish companies. Chinese consumers have often limited knowledge of Danish products and with the opening of an official Danish pavilion on China’s leading e-commerce market place Tmall Global, we hope to draw attention to Danish products and brands.
2 years ago

Chinese Investment in Ghana’s Manufacturing Sector

This paper uses Ghana as a case study to illustrate the extent to which Chinese manufacturing firms are driving manufacturing in an African country. Through a combination of desktop and field research, the author finds that the total number of Chinese manufacturing investments in Ghana indeed increased during past decade, but quite a few projects have been abandoned or not implemented because of the unfavorable investment environment.
2 years ago

Kampot pepper, the well-known brand for Cambodia’s pepper, remains a major Exported product of Cambodia

Kampot pepper, the well-known brand for Cambodia’s pepper, remains a major exported product, as its price is growing for three consecutive years, from 2014 to 2016.
2 years ago

The impacts of Information and Communications Technology (ICT) and E-commerce on Bilateral Trade Flows

The empirical results indicate that better access to the modern ICT and adoption of e-commerce applications stimulate bilateral trade flows at various levels. The study notes that the efficient use of ICT equipped with high speed internet and secured servers is a crucial milestone for unlocking the e-trade potentials for developing- and least-developed counties.
2 years ago

Vietnam at a Crossroads : Engaging in the Next Generation of Global Value Chains

The objective of these studies was to diagnose Vietnam’s current participation in GVCs, visualize where Vietnam could be by 2035 in the context of a changing global environment, and identify the policy actions needed to get there. The studies also supported topics related more broadly to export competitiveness, including firm-level productivity, services, and connectivity. It then identifies targeted strategies and policy interventions that will help overcome challenges, minimize risks, and maximize opportunities.
2 years ago

South Asia Economic Focus, Spring 2017 : Globalization Backlash

The negotiation of mega-regional trade agreements stalled, the number of protectionist measures has increased, and existing agreements may be reconsidered. South Asia was already less integrated in global merchandise trade than other regions. In light of current pressures, a legitimate question is whether it should focus on exports as a driver of economic growth and job creation.
2 years ago

Commerzbank and Fraunhofer IML begin joint Research Project on Digitisation of Trade Finance based on Distributed Ledger and Blockchain technologies

Blockchain or distributed ledger technologies build a decentralised database for the so called Internet-of-Things applications (IoT) and Smart Contracts (automated processing of business cases). They constitute the basis for new trade ecosystems, new supply chain finance concepts, faster transaction processing and new solutions in working capital management.
2 years ago

Indian Government authorized 100% FDI in Marketing of Food Produced and Manufactured in India

100% FDI will bring in higher efficiencies in food processing industry and trade, and will make our food products more competitive in international markets.
3 years ago

Trump’s Trade Policy to lead to Reduction in Thai exports to U.S.: UTCC

This measure will cause 11.4 percent drop of Chinese exports to the U.S., and 4.9 percent drop for Thai products. The currency policy which strengthened Chinese Yuan currency against the U.S. dollar will also negatively impact the Thai exports to the U.S.
2 years ago

Trade Competitiveness in Global Tropical Fruits

The objective of the article was to examine trade competitiveness and revealed comparative advantages of global tropical fruits and to measure the stability and duration of Balassa indices by applying Kaplan-Meier survival function and Markov transition probability matrices. Results reveal that Spain, Ecuador, and The United States were the main exporters of the examined tropical fruits in the periods evaluated, together giving 29% of all products exported.
2 years ago

Seven Major European Banks Select IBM to Bring Blockchain-Based Trade Finance to Small and Medium Enterprises

The Digital Trade Chain solution will run in the IBM Cloud and is designed to connect the parties involved in a trade transaction, both online and via mobile devices. It is designed to simplify trade finance processes by addressing the challenge of managing, tracking and securing domestic and international trade transactions.
2 years ago

Vietnam announced a list of 310 Vietnamese Prestigious Exporters for 2015

Vietnam's Ministry of Industry and Trade has officially announced a list of 310 Vietnamese prestigious exporters for 2015, aimed at supporting local firms in promoting exports and expanding markets.
2 years ago

Global Trade Finance Gap Reaches $1.6 Trillion, SMEs Hardest Hit, ADB study

Financial technology, or Fintech, can help bridge the financing gap for businesses left out of trade finance, according to the brief. But awareness of digital finance by small businesses remains low, with 70% of responding companies indicating that they are unfamiliar with these tools. Among firms that were familiar with digital finance, peer-to-peer lending had the strongest uptake rates in developing countries.
3 years ago

Star Cool CA+™ system provides New Cost-Effective Trade Opportunities for Fruit Growers and Food Retailers

Compared to high-respiring perishables such as bananas and avocados, low-respiring perishables require a different composition of the atmosphere in the container. Building on its proven Star Cool CA system for high-respiring fresh produce, MCI developed the enhanced CA+ functionality in close cooperation with experts and selected shipping lines and applied data gathered from some 40,000 Star Cool CA units in operation worldwide.
2 years ago

Wyre Launches Fastest Blockchain Cross-Border Payments Platform

Wyre, a San Francisco FinTech company making cross-border payments faster and more cost effective using the blockchain, today launched its cross-border payments platform also called Wyre. Wyre is the industry's fastest money transfer platform, enabling businesses to move money across borders from country-to-country at a super competitive foreign exchange rate.
2 years ago

Alibaba Group announced the Creation of First Overseas E-hub in Malaysia

Alibaba Group announced today the establishment of an e-hub under the Electronic World Trade Platform (eWTP) initiative together with the Malaysia Digital Economy Corporation (MDEC), the country's digital economy development agency, and other parties. This marks a key milestone in the realization of the eWTP's vision to lower trade barriers and provide more equitable access to global markets for small and medium enterprises and young people around the world.
2 years ago

Vietnam to earn 31 billion USD from Exports of Agro-Forestry-Fishery products in 2016

Key industries such as livestock and fishery still develop well despite a series of challenges like natural disasters in eight central provinces.
2 years ago

The U.S. remained Vietnam’s top Seafood Market, accounting for over 20% of the total Pangasius Export Values

The cultivation area for the whole year is estimated at 5,000 hectares, generating a total output of over one million tonnes of pangasius and raking in US$1.6 billion in total export value, up 6.6% against the previous year.
2 years ago

AfDB approves US $90-million financial package to boost Commercial Bank of Africa’s funding of SMEs in Kenya and grow Trade Finance in Africa

This intervention will contribute to CBA’s efforts to broaden access to its services, thereby reducing financing constraints faced by SMEs and local corporates in Kenya whilst also reducing Africa’s trade financing gap. The package will promote private sector development as well as support broad-based economic growth.
2 years ago

Philippines Eyes Organic Chicken Exports To South Korea

The Philippines is eyeing the possibility of producing organic chicken on a commercial scale for future export to South Korea, following the South Korean government’s approval on July 25, 2016 for the 2 Philippine poultry facilities to export chicken meat to South Korea as previously announced by Agriculture Undersecretary Bernadette Romulo Puyat.
3 years ago

USA and EU raise Shrimp Imports from Vietnam in January-September 2016

Thanks to short culture period, high productivity, stable price; many households have shifted to rearing whiteleg shrimp. The area of farming whiteleg shrimp reported a better growth than that of farming black tiger shrimp.
2 years ago

Vietnam Shrimp Exports expected to reach 3.1 billion USD this year

Demands for shrimp, especially black tiger shrimp on the US and China markets are jumping high while black tiger shrimp outputs of major suppliers like India, Bangladesh and Indonesia may dip due to white spot disease on shrimp caused by climate change.
2 years ago

An Analysis on the Use of Google AdWords to Increase E-Commerce Sales

This research was aimed to analyze and describe the improvement of the e-commerce sales by using Google AdWords. The research design was qualitative research design by utilizing secondary data from Google, Inc. Based on the result of the research, the e-commerce sites received increasing visits to the websites, increasing numbers of the new customers, increasing sales, and even business expansion.
2 years ago

Alibaba Group and Austrade Form Strategic Collaboration to Boost Exports to China

The agreement aims to broaden Alibaba’s existing partnership with Austrade by providing dedicated services for Australian products and leveraging digital content to build brand Australia abroad.
3 years ago

Better access to G20 Markets could boost Exports from Poorest Countries by 15%

G20 countries support LDCs through a range of mechanisms to facilitate trade, such as duty-free and quota-free access. But removing all tariffs could boost LDC exports to G20 countries by about $10 billion per year.
2 years ago

TradeIX Launches First Open Blockchain Platform for Trade Finance

The TIX Platform by TradeIX represents the dawn of the “internet of trade” and it has the potential to transform trade finance. The efficiencies and capabilities made possible with our TIX Platform enhance the value proposition for every party involved in trade and the supply chain.
2 years ago

Thailand and Alibaba Group Sign Agreement to Help Thai SMEs Succeed in Online Commerce

Thailand and Alibaba will collaborate on the creation of a nationwide People and Talent Development Program, which aims to train around 10,000 individuals so they can be proficient in digital technology. The two sides will also work together to nurture software developers who will be given access to the China market via Alibaba Cloud's marketplace for their software apps creations.
2 years ago

Thai Government using E-commerce to sell Thai products on world market

E-commerce businesses in Thailand have been growing exponentially. In 2015 alone, the industry hauled in 2.2 trillion baht (62 billion USD) and the number is expected to surge year after year.
2 years ago

Vietnam Exports to Canada reached US$4.8 billion in 2015

The leading exports of Vietnam to Canada were clothing and textiles, footwear, seafood, furniture, spices, cashew nuts, and sporting equipment. Vietnam imports from Canada consisted primarily of wheat, seafood, vegetables and fertilizers along with high-end Canadian clothing, leather and fur products.
2 years ago

SF Express: How to Capitalize on China's US$50 Billion Cross-border E-commerce Market

Overseas shopping by Chinese consumers is growing at a rate of more than 50% annually, driving the rapid increase in sales of milk power made in Singapore, coffee made in Vietnam and latex products made in Thailand.
2 years ago

Call for Applications for the 2016 Trade Promotion Organization Network Awards

Applicants will be required to demonstrate outstanding practices in the processes used to offer an export development initiative; and to elaborate on how they had identified the need for the service, the process of developing it, measuring it and reporting the results.
3 years ago

Vietnam Trade surplus reaches 2.59 billion USD in 12 months

Viet Nam ran a trade deficit of 288 million USD in the first half of December 2016, however, it enjoyed a trade surplus of more than 2.59 billion USD from early 2016 till December 15, according to the Viet Nam Customs.
2 years ago

Sources of Ethiopia’s Export Growth: a Constant Market Shares Decomposition Analysis

Ethiopia’s exports grew by more than 700% in real terms between 1995 and 2014. For a landlocked country depending much on primary products and with little success in export diversification, the growth recorded over the past two decades is no mean feat. In this study we assessed the sources of this rapid export growth during the post-reform period of 1995-2014.
2 years ago

Viet Nam gained US$79.3 billion from exporting in the first five months of 2017

Viet Nam gained US$79.3 billion from exporting in the first five months of 2017, a year-on-year increase of 17.4%, according to the Ministry of Industry and Trade. Export items witnessing sharp increases included rubber up 60.8%, coal up 54.4%, crude oil up 34.8%, coffee up 31.9% and cashew up 24.7%.
2 years ago

Viet Nam's Automotive Supplier Industry: Development Prospects under Conditions for Free Trade and Global Production Networks

Due to forthcoming trade liberalisation in ASEAN, these assembly operations are endangered from closure as car-makers consider shifting to imports from more developed automobile manufacturing countries in the region.
2 years ago

Causality Relationship Between Import, Export and Growth Rate in Developing Countries

In this paper, we tried to determine the relationship between imports, exports and growth rate in developing countries. Within this scope, 6 developing countries (Argentina, Brazil, China, Malaysia, Mexico and Turkey) were analyzed in this study. In order to achieve this purpose, annual data for the periods between 1961 and 2014 was tested by using Engle Granger co-integration analysis, Vector Error Correction Model and Toda Yamamoto causality analysis.
2 years ago

The European Union grants Sri Lanka improved access to its market as incentive for reform

These preferences would come under a special arrangement of the EU's Generalised Scheme of Preferences, known as GSP+. This supports developing countries by fostering their economic development through increased trade with Europe, and providing incentives to take tangible measures towards sustainable development.
2 years ago

Imports of Organic Products subject to new EU Electronic Certification system

A new system of electronic certification to better monitor imports of organic products becomes applicable tomorrow, making the EU a global leader in traceability and in the collection of reliable data on trade of these products.
2 years ago

Industrial Commodity Prices to Rise in 2017: World Bank

Prices for non-energy commodities, which include agriculture, fertilizers, and metals and minerals, are forecast to increase in 2017, the first rise in five years. Metals prices are projected to jump 16 percent this year due to strong demand, especially from China, and supply constraints, including mine disruptions in Chile, Indonesia and Peru.
2 years ago

Vietnam’s Coffee Exports: Big Efforts Still Needed for a Higher Position in the World

Vietnam coffee is exported now to more than 80 countries around the world. In 2016, Vietnam exported nearly 1.8 million metric tons of coffee, accounting for 15% of the global market share. At the moment, Vietnam is the world’s biggest coffee producer and ranks second among coffee bean exports in the world.
2 years ago

Commodity Markets Outlook, January 2017 : Investment Weakness in Commodity Exporting Countries

This edition of Commodity Markets Outlook analyzes the recent investment weakness in commodity-exporting emerging market and developing economies (EMDEs) and concludes that the deceleration reflects elevated uncertainty, deteriorated terms of trade, and increased private debt burdens.
2 years ago

Philippines plans to Increase Rice Imports to 1.3 million tons

Thailand's average rice export to the Philippines stands at 400,000 tons a year. The Kingdom has already exported 193,000 tons of rice to the country in January and February, an increase of 89.22% when compared with the same period last year.
2 years ago

Thai Commerce Ministry pushes for more Exports to Emerging Markets

The prediction was based on the projection that the Thai baht remains at an average rate of 35 baht per US dollar and the average crude price stays at 55 dollars a barrel. He pointed out that the value of Thailand's exports during the first two months of this year was 35.5 billion dollars, an increase of 2.5% year-on-year.
2 years ago

NTT DATA Successfully Tests Prototype of Blockchain Shipping Insurance Policy

In the field of international trade, NTT DATA envisions adopting blockchain technology to enable transactional parties, including shippers (exporters), consignees (importers), banks, insurance companies, and carriers/forwarders, to share information simultaneously. The expected benefits include a significant reduction of transactional processing time, maintenance of transactional information integrity and reduction/elimination of document delivery costs.
2 years ago

Increased International Co-operation on Financial and Corporate Issues Essential to making Globalisation work for all

The report argues that countries participating in globalised markets need to commit to a common set of transparent principles that are consistent with mutually beneficial competition, trade and international investment. This would reduce the problems left to be dealt with by domestic policy. It would also help improve resource allocation through promoting productivity growth and reducing the extraction of rents that harm consumers.
2 years ago

Sustainability, Innovative orientation and Export performance of Manufacturing SMEs

This work propose future research doing the same study with other types companies. Originality/value: Corporate image requires special attention, as it acts as a filter of the impacts of sustainability and innovative orientation. The creation of corporate image not only as a result of tangible items, but as a result of the actions and behavior of the company.
2 years ago

Vietnam's Agricultural Exports reach 6.73 billion USD for the first 3 months of 2016

Specifically, Viet Nam shipped around 629,000 tons of rice in March to pocket US$274 million, bringing the total rice export value to US$692 million in the first quarter, up 40.8% against the same period in 2015.The nation earned US$808 million from exporting 479,000 tons of coffee between January and March, up 30.2% in quantity and up 5.7% in value.
3 years ago

The U.S. stays as the 2nd largest Vietnam's tuna importer in the world in 2016 behind Japan

The US stays as the 2nd largest tuna importer in the world, behind Japan, and accounting for 11-13% of the world's tuna imports. This country is also the largest buyer of Vietnam’s tuna. However, in the last 2 years, tuna imports into the US were unstable.
2 years ago

Chained Finance, First Blockchain Platform to meet the hugely underserved needs of supply chain finance in China

By using the Chained Finance platform, every payment, every supply chain transaction, can be more transparent, manageable and easily authenticated.
2 years ago

Does Chinese Outward Foreign Direct Investment (OFDI) really promote Export?

This paper contributes by correcting model misspecification, wrong variable selection and estimation methods which are prevalent in existing studies and reexamine the relationship between outward foreign direct investment and export trade of China using panel data from 2003 to 2014.
2 years ago

Strengthening Trade Linkages and attracting Foreign Direct Investment (FDI) will contribute to Asia and the Pacific’s Growth, ADB Report

The report highlights that greater trade openness and FDI can strengthen the region’s resilience to slow global growth, but countries need to improve their institutional quality, business environment, and policy effectiveness to encourage FDI. Asia and the Pacific attracts almost a third of global FDI, among which more than half is now intraregional, driven by the expansion of global and regional value chains.
2 years ago

Based on Intelligent Robot of E-business Distribution Center Operation Mode Research

According to E-business distribution center operation mode in domestic and advanced experience drawing lessons at home and abroad, this paper based on intelligent robot researches E-business distribution center operation mode. And it proposes the innovation logistics storage in E-business and sorting integration system, and elaborates its principle, characteristics, as well as studies its business mode and logistics process, and its parameters and working mode of AGV equipment.
2 years ago

United ASEAN Economy to Power Regional Trade and New Growth Opportunities

Digitalization, automation in manufacturing, and major integration efforts by the Greater Mekong sub-region and ASEAN Economic Community (AEC) are driving economic and social transformation. Once AEC is fully implemented, economic growth will be boosted by removing trade barriers and enabling the free flow of goods, talent and capital among the ASEAN nations.
2 years ago

Impacts of Africa's Total and Commodity-based Trade With China and OECD Countries

The study concludes that there is an increase in the international competition for Africa’s commodities, and resulting in improvements in the terms of trade has led to higher income growth in the region.
2 years ago

Dairy Production and Trade in Thailand

In recent year, Thailand has increased demand for meat, milk and milk products. Despite great increases in local milk production, the accelerating demand for dairy products still exceeds the available local supply.
2 years ago

E-Commerce in China, Opportunities for Asian Firms

China’s e-commerce market is big, growing fast, and increasingly open to goods from abroad. Thanks to the combination of overseas travel, increased Internet usage, exposure to foreign brands as well as surging demand for foreign products from Chinese consumers, China is projected to become the world’s largest cross-border e-commerce market by 2020, according to China Internet Watch.
2 years ago

First Blockchain Solution in Commodity Trade Finance for US Crude Oil Transactions

The distributed ledger platform, built on the Linux Foundation open source Hyperledger Fabric, allows major steps in a crude oil transaction to be digitized on the blockchain, ensuring improved transparency, enhanced security, and optimized efficiency.
2 years ago

Blockchain Consortium for the Global Cotton Industry to create a Supply Chain and Trading Ecosystem built on IBM Hyperledger Fabric

A blockchain is a secure, distributed and immutable digital ledger enabling companies to work together on a foundation of trust, increased speed and reduced interference. Combined with "smart contracts", the technology has powerful implications for global trade with cross-border settlement and instantaneous transfer of currency or other assets when defined conditions are met.
2 years ago

Criminals using 3D printing present growing threat to global shipping, G4S alerts

Now G4S has issued a series of alerts to the shipping industry offering advice how to combat the growing threat. While 3D printing - also known as additive manufacturing - has existed since the 1980s, technological advances mean the process now costs just hundreds of pounds rather than hundreds of thousands, putting it within reach of cargo thieves.
3 years ago

India launched the Trade Infrastructure for Export Scheme

The Central Government funding will be in the form of grant-in-aid, normally not more than the equity being put in by the implementing agency or 50% of the total equity in the project. (In case of projects located in North Eastern States and Himalayan States including J&K, this grant can be upto 80% of the total equity).The grant in aid shall, normally, be subject to a ceiling of Rs 20 Cr (3.2 million USD) for each infrastructure project.
2 years ago

Maersk and IBM Unveil First Industry-Wide Cross-Border Supply Chain Solution on Blockchain

The blockchain solution based on the Hyperledger Fabric and built by IBM and Maersk, the global leader in transport and logistics, will be made available to the shipping and logistics industry. The solution will help manage and track the paper trail of tens of millions of shipping containers across the world by digitizing the supply chain process from end-to-end to enhance transparency and the highly secure sharing of information among trading partners.
2 years ago

Thai Government suggests Thai Entrepreneurs enter South Asian Market

Thailand and India has signed the Thai-Indian Free Trade Agreement (FTA) which has cut duties for 83 items such as canned seafood, jewelry, accessories and plastic resin.
2 years ago

Growth expected in Thai Food Product Exports to CLMV (Cambodia, Laos, Myanmar, Vietnam)

For small and medium-sized entrepreneurs looking to export their goods to the neighboring countries, the institute suggested them to begin by experimenting with smaller markets along the borders before penetrating larger ones in major cities.
3 years ago

Research on the Impact of 3D Printing on the International Supply Chain

This paper constructs an international supply chain model using system dynamics method. And it simulates the reconstruction trend of the supply chain after 3D printing application.
2 years ago

Factors Affecting Non-exporting Small and Medium Enterprises’ Intention to Export: Resource Based Approach

The paper analyzes four factors that play role on export intention of non-exporting SMEs in developing countries namely human capital, organizational capital, technological capital, and social capital. By adopting the RBV framework, it extends the current export marketing literature and simultaneously it also offers useful guidelines to encourage the non-exporters especially among the small and medium firms to internationalize.
2 years ago

Vietnam is expected to earn US$ 7.4 billion from shipping aquatic products abroad in 2017

The domestic shrimp production faced higher costs, about 10-30% in comparison with foreign peers such as India and Thailand. Pangasius would encounter with communication wars in export markets.
2 years ago

Vietnam aims to reach 10 billion USD from Shrimp Export by 2025

Vietnam Prime Minister Nguyen Xuan Phuc asked the shrimp industry to strive for an export value of 10 billion USD by 2025 during a conference on shrimp production held in the southernmost province of Ca Mau on February 6.
2 years ago

Philippines allow the importation of 7 million kilos of pork

Meat importers will be allowed to bring in 7-million kilos of pork to stabilize the price in the market.
2 years ago

APEC Leads Breakthrough Trade Pact Implementation Push

Parallel emphasis ranges from support for transition from paper-based to electronic processes and the application of information technologies, to managing risk. Complexities include rising e-commerce growth and the challenges it creates for customs and other agencies in controlling the cross-border flow of goods. Officials are moreover sharing guidance on coordination across agencies and business to better orient them to the changing customs environment.
2 years ago

Seven banks plan blockchain platform to help European SMEs increase trade

This new product will simplify trade finance processes for SMEs by addressing the challenge of managing, tracking and securing domestic and international trade transactions. Larger companies use documentary credit as a way of reducing the risks involved in doing business, but documentary credit is not always suitable for SMEs or for companies that prefer open account solutions.
2 years ago

Export Brand Development of China: Lessons Learned and Implications for the Future

This paper is a study of Chinese enterprises’ export brand development process. It describes the measures for dealing with their weaknesses, using case study methodology combined with the comparative method, analyzes the development of key Chinese enterprises’ internationalization, and summarizes three typically successful internationalization models currently used: Haier model, Huawei model and Lenovo model.
2 years ago

Global Coconut Powder Market - Drivers and Forecast from Technavio

Coconut powder is also finding new applications in the bakery market, where it is being used in the making of confectionery such as cakes and other snacking items. This will also result in a significant increase in exports, thereby driving market growth.
2 years ago

Managing Export Success – An empirical picture of German Wineries’ performance

The survey depicts a heterogeneous performance of German producers comparing the success factors but a homogeneous performance for all the underlying criteria within each success factor. The responses reveal a performance gap for the success factors export commitment and export strategy.
2 years ago

WTO Trade Facilitation Agreement entry into force – What next?

Upon the entry into force of the Agreement, WTO Members that have ratified it, whether developed, developing countries or least developed countries, are supposed to have in place a national trade facilitation committee responsible for the coordination and implementation of the Trade Facilitation Agreement.
2 years ago

Tradeshift Taps Into Blue Ocean of China’s Supply Chain Financing Market with Region’s Largest Fintech Company

With over four years of experience in China, Tradeshift is leading the way in addressing China’s growing market and supply chain, and with the help of partnerships and integrations such as the CreditEase app and joint ventures, the company is on track to process upwards of 100 million transactions per year across supply chains throughout China.
2 years ago