#India and #Russia plan to increase bilateral trade to $100 billion by 2030 by eliminating non-tariff trade barriers.
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UNCTAD’s estimates showed a major shift in trade due to the ongoing Russia-Ukraine war. While Russia’s trade dependence on China surged by a record 7.1 per cent, its reliance on the EU slid by 5.3 per cent. This was largely a result of Russian oil shifting from the EU to China and India. The dependence of an economy on another is calculated as the ratio of their bilateral trade over the total trade of the dependent economy.
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Africa remains a marginal player in world trade and for many countries their trade with the outside world remains concentrated in commodity exports.
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In 2022, the trade turnover between Russia and Iran increased by 20% and amounted to US$4.9 billion. Existing trends indicate that bilateral trade will continue to grow in 2023 and beyond. Russian officials even suggested that it would be possible for the two countries to reach a staggering US$40 billion mark in bilateral trade. We examine the potential. https://lnkd.in/drJDqa-3
Russia and Iran: The Trade and Investment Dynamic 2023/24 - Russia Briefing News
russia-briefing.com
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India and the UK are set to sign a significant Foreign Trade Agreement by October end, enhancing trade relations between the two nations. What do you think this means for international trade? Share your insights below! . . . . . . . #tpo #theprivateoffice #tpoadvisory #TradeAgreement #UKIndiaFTA #GlobalEconomy #TradeRelations #BusinessAlliance #EconomicGrowth
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: Bosnia and Herzegovina's 2023 foreign trade tale unfolds with a plot twist: a widening deficit in a record-breaking 44.47 billion KM total trade saga. 📉🌍 #TradeTales #EconomicInsights #BosniaAndHerzegovina
Bosnia and Herzegovina Faces Growing Trade Deficit in 2023 - The Region
https://connectingregion.com
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Please find our recent analysis on China's international trade. China's exports and imports are experiencing some structural change. The forced Chinese version of imports substitution industrialization indicates value chain upgrading and technology self-sufficiency.
China | Structural change of the trade: forced imports substitution industrialization
bbvaresearch.com
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China’s trade surplus rose to $857 billion in 2022 with exports totaling $3.57 trillion. All of #China’s Trade Partners in 2022 🇨🇳 🚛 🚢 🛤 ✈ visualized by Genuine Impact.
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Economic resilience in 2022 : trade dynamics. China’s 🇨🇳 foreign trade shows that the UK 🇬🇧 have a net imports figure with a balance of $59.2B 🤯- trade surplus for China, and trade deficit for the UK.
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India and European EFTA bloc seal historic $100B trade pact, aiming to boost investments and exports. The deal signals significant economic collaboration, promising mutual growth for both parties over the next 15 years. #Trade #EconomicPartnership
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The nation's international trade deficit in goods and services increased to $74.6 billion in April from $68.6 billion in March (revised), as imports increased more than exports. April 2024: 74.6° Billions of Dollars March 2024 (r): 68.6° Billions of Dollars
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