TURKEY EXPORTS BOLTS AND SCREWS TO 177 COUNTRIES Turkey widens its goal of exports in sector for fasteners in which it is European third. The goal of the sector, exporting to 177 countries and completing the year with 500 million USD with a %25 growth, is to reach 1.5 billion Read more…
GERMANY’S FOREIGN TRADE SURPLUS DECREASED THIS MONTH Germany’s seasonally and calendar adjusted exports increased by 0.7 percent in October compared to the previous month due to the Chinese and European Union trade disputes with the US, while imports increased by 1.3 percent. Foreign Trade Surplus Decreased According to data from Read more…
THE FINAL DATE FOR NEGOTIATIONS IN THE TRADE WAR WAS DETERMINED US Trade Representative Robert Lighthizer said the US would raise customs duties on Chinese products if trade negotiations with China cannot reach any point until March 1st. US Trade Representative Robert Lighthizer said the US would raise customs duties Read more…
GERMANY DONATES EUR 150,000 FOR SUPPORTING DEVELOPING COUNTRIES TO TAKE PLACE IN AGRICULTURAL EXPORT MARKETS Germany supports developing economies with a EUR 150,000 donation to help them providing the conformities with international food safety, health standards for plant and animal health. Goal of the donation is to help poorer economies Read more…
WTO MEMBERS APPROVED ROADMAP FOR REDUCING TECHNICAL BARRIERS TO TRADE Members of the World Trade Organization held an important step in the Committee meeting on Technical Barriers to Trade in November 14-15, with a consensus that the World Trade Organization should implement a series of measures to support the implementation Read more…
60 PERCENT OF TURKEY’S TRADE DEFICIT FROM 3 COUNTRIES Following the protectionist policies of US President Donald Trump in trade, the eyes turned into countries’ foreign trade balances. Last year, about 60 percent of the $76.7 billion foreign trade deficit of Turkey, came up from three countries. According to the Read more…
TRADE DATAS ON IMPORTS AND EXPORTS OF USA AND RUSSIA In the US, foreign trade deficit rose to the highest level of the last 6-months. The country’s foreign trade deficit increased by 6.4 percent in August compared to the previous month and amounted to 53.2 billion dollars. According to the Read more…
Turkish Products Introduced in China Turkey has participated to China Import Fair held in Shanghai on 5-10 November 2018 with 38 firms in the 725-square-meter booth, exhibited their products in order to increase Turkey’s exports to China. The Aegean Exporters’ Association participated in the China Import Fair with an information Read more…
BENEFITS OF IMPORTING There are several benefits of importing in international trading by the means of global economy and market. Various products we use in our life daily such as electronics, various kinds of food, vehicles or medical equipments rely on importing. In each part of the world, differences in Read more…
HOW TRADE WARS ARE EFFECTING BUSINESS AND COMPANIES World trade has been experiencing the biggest trade war in its history which is taking place between the world’s first and second largest economies. United States’ step for imposing the tariffs of $250 billion on Chinese goods is responded by China, as Read more…