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Express View on export data: Trade ups and downs

Goods exports pick up marginally in December. But, Houthi attacks in the Red Sea may have clouded the outlook ....

Red Sea , Djibouti General , Ministry Of Commerce , Good Hope , Export Data , Trade Data , Indian Exports , Ndian Express , Pinion News , Ndian Express Editorial ,

BBCNEWS World Business Report June 4, 2024 11:40:00

The factory of the world, many of whose goods travel through the red sea towards europe. export data for december has been published today. it shows that over 2023 as a whole, chinese exports to the rest of the world fell for the first time in seven years. but data for december alone was better than expecations, rising 2.3% in dollar terms. meanwhile, china s consumer prices continued to decline for a third month, while factory gate prices also fell. so, how worried should china be about the disruption to shipping? claire huang, chief strategist at the amundi institute, shared her thoughts with us. we expect the impacts from the supply chain disruption to be very temporary, orjust like an episode in covid. and we ve already seen some degree of recovery as we move towards the end of 2023. and this year, like the other asian ....

Red Sea , Asia To Europe , Export Data , Consumer Prices , China S , Dollar Terms , 2 3 , In The Red Sea , Claire Huang , Supply Chain Disruption , Amundi Institute ,

China's exports seen improving in December as global trade picks up: Reuters poll

China's exports likely grew more quickly and for a second month in December, a Reuters poll showed, adding to signs global trade is starting to recover thanks to an upturn in the electronics industry and expectations of lower borrowing costs in 2024. Outbound shipments from the world's second-largest economy are expected to have risen 1.7% in December from a year earlier, after ending a seven-month slump and growing 0.5% in November, according to the median forecast of 32 economists polled. Global trade slowed in 2023 as higher interest rates in the United States, Europe and other major consumer markets crimped demand. ....

Jing Wang , South Korea , Red Sea , Djibouti General , United States , South Korean , Milounee Purohit , Shri Navaratnam , Anant Chandak , Xu Tianchen , Joe Cash , United Nations , Economist Intelligence Unit , December Global Trade Update , United Nations Conference , Baltic Dry Index , Iran Aligned Houthi , Global Trade , Export Data ,