Weekly Newsletter

Brazil's trade surplus doubled in October from a year earlier

Recently, the data released by the Ministry of Economy of Brazil showed that the surplus of foreign trade in October reached 3.92 billion dollars, a year-on-year growth of 100%. In the first 10 months, the country's exports were mainly to China 77.78 billion US dollars, the European Union 42.76 billion dollars, the United States 31.08 billion US dollars and Argentina 13.16 billion dollars.

Shanghai Port connectivity index remained the world's first in three quarters of this year

Shanghai Port continued to rank first in the world in the first three quarters of this year, according to the port connectivity index released recently by the United Nations Conference on Trade and Development (UNCTAD). From January to October this year, Shanghai's sea-rail combined transport completed 46500 TEU, an increase of about 41.91 percent year-on-year.

MSC announced that it will bring forward the implementation of global freight service

On November 22, MSC announced that it would launch freight services in early December. MSC air cargo will begin weekly round-the-world flights using a Boeing 777 freighter in early December, according to a new air cargo schedule posted on the company's website.

German exports rose 20.2 per cent year on year

Germany's exports totaled 142.1 billion euros in September, up 20.2% year on year. The main exports were cars and auto parts and medical products, the Federal Statistics Office said. Total imports in September exceeded 134 billion euros, up 31.3 percent year on year, with imports from China up 35 percent to 16.8 billion euros.

Korea's exports fell 16.7 per cent in the first 20 days of November from a year earlier

South Korea's exports fell 16.7% in the first 20 days of November from a year earlier, while imports fell 5.5%, bringing the country's trade deficit to $4.42 billion for the period and putting it on track for an eighth straight month of trade deficits, the customs agency said on Tuesday.

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