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Exports News

Most big exporters failing to check foreign bribery: report

Frankfurt Am Main - Countries that strictly enforce a worldwide pact against foreign bribery are far outnumbered and outweighed by those that turn a blind eye, a report published Wednesday by watchdog Transparency International found.

German trade surplus shrinks for first time in 8 years

Frankfurt Am Main - Germany's trade surplus shrank for the first time since 2009 last year as imports outpaced exports in Europe's booming top economy, giving Berlin ammunition to ease criticism of its huge trade gap with other countries.

Norway suspends arms exports to UAE over Yemen war

Oslo - Norway on Wednesday announced it has suspended arms and ammunition exports to the United Arab Emirates because of the nation's involvement in the Yemen war.

French resume foie gras exports to Japan

Paris - French foie gras can grace Japanese dinner tables once more, two years after Tokyo banned it following outbreaks of bird flu, French agriculture minister Stephane Travert said Friday."That's the good news of the night.

Weakening gasoline demand in U.S. has refiners worried

U.S. refiners are facing the prospect of another year of dismal earnings as a weakening demand for gasoline at the pumps continues its downward spiral.

U.S. set to become a net energy exporter

By 2026 the U.S. is expected to become a net exporter of energy. By then the U.S. economy will be producing 20 percent more energy than today, with demand only having risen by five percent.

Cuba signs first exports to US in half a century

Havana - Two firms signed a deal Thursday for the first commercial exports in half a century from Cuba to the United States, a new step in the countries' historic rapprochement.

Libya oil chief fears 'financial collapse' unless exports rise

Tripoli - Conflict-hit Libya could run out of money next year without a swift resumption of oil exports, the head of the country's National Oil Corporation (NOC) warned on Thursday.

Syria to export 700,000 tons of citrus to Russia

Damascus - Syria will export more than 700,000 tons of citrus fruits to Russia to "fill the gap" left by Moscow's ban on Turkish agricultural products, officials said Tuesday.

French arms exports in 2014 'best in 15 years'

Paris - French arms exports rose 18 percent in 2014, according to a defence ministry report published Tuesday, the country's best export performance for 15 years.France sold 8.2 billion euros ($9.

Op-Ed: Costs of doing science climbs in Argentina

Scientists in Argentina are struggling with budgets due to government tariffs which mean that most tools and reagents cost more than double their normal retail value.

A century of hard work on the Panama Canal

Panama City - From painter Paul Gauguin's illness-ridden misadventure in the Central American rainforest to tugboat captain Eileen Vinueza's purple nail polish and sneakers, working on the Panama Canal has changed considerably in the past century.

What Wayfair's IPO will mean to Australian furniture exporters

As home goods seller Wayfair cruises toward an initial public offering, its financial situation continues to look better and better.

German machine-tool orders up in January

Frankfurt - Rising domestic and export demand gave Germany's key mechanical engineering sector a boost in January, the VDMA industry federation said on Tuesday.The manufacture of machine tools is an important part of Germany's industrial and export performance.In ...

Swiss watchmakers clock record exports in 2013

Z - Swiss watchmakers saw their export growth slow down significantly last year, but they still clocked a new record high, the Swiss Watch Industry said on Thursday.Swiss watch exports edged up 1.9 percent in 2013 to a record 21.

Argentina peso sinks as foreign purchases curbed

Buenos Aires - The Argentine peso plunged 3.2 percent Wednesday as the country cracked down on online purchases from abroad in an attempt to stem capital flight and battle dwindling foreign reserves.

Iraq oil exports dip in 2013

Baghdad - Iraq's oil exports and revenues declined in 2013 compared to the previous year, official figures showed Wednesday, despite efforts to dramatically ramp up crude sales to fund much-needed reconstruction.Exports totalled 872.3 million barrels, or 2.

Cargill invests in Ukraine grain giant

Kiev - US agricultural trading giant Cargill has acquired five percent of Ukraine's biggest farming producer Ukrlandfarming, as the companies team-up to boost exports to China and other emerging markets.

Indonesia eases mineral export ban after opposition

Bogor - Indonesia's president signed off on a controversial mineral ore export ban Saturday after an 11th-hour easing of the policy following opposition from miners and warnings it would hit state coffers, cabinet ministers said.

With an incredibly healthy pipeline, Boeing deemed ready to fly

With a contentious labor union vote behind it, and with global airplane manufacturing orders in abundance, the Boeing Company appears poised for untethered growth.

Chile leading world exports of several fruit and seafood products

Although copper remains Chile's largest commodity export (60 percent), food exports from Chile are increasing with several products such as fresh grapes, blueberries and salmon leading exports in world markets.

U.S. imposes import restrictions on Chinese IT

The U.S. has imposed restrictions upon the import of Chinese manufactured information technology and other electronic goods under a cyber-espionage rule.

Op-Ed: China? With friends like this...

For 20 years Canada’s wide, open door immigration policy toward China has buoyed the country's real estate prices, auto sales, and food sales.

Is the world running out of coffee?

The days of enjoying your morning cup of coffee may be numbered, according to a new report from UK researchers.In it, the data shows by the year 2080, climate change could very well wipe out the beans needed to produce one of the world's largest exports.

US trade deficit widens

Washington - The latest economic data indicates that the US trade deficit has widened in December 2011. The gap is now the biggest since last summer.

Washington Post panel explores exports as business growth engine Special

Washington - At a breakfast event hosted by the Washington Post on Monday, a panel offered export-oriented solutions to the ongoing unemployment challenge facing the United States.

Study: Buy Chinese and you support Americans

A new study released by the Federal Reserve Bank of San Francisco shows that when Americans buy products labeled "Made in China" 55 cents on the dollar goes to people in the United States.

Op-Ed: Two Down (Europe, USA), One to Go (China)

In an effort to sanitize humungous export proceeds, China amassed trillions of dollars worth of foreign exchange reserves, mostly invested in American treasury bonds, creating a dangerous exposure to the US dollar.

U.S., China announce $45 billion trade deal

Washington - Meeting at the White House today, President Obama and Chinese President Hu Jintao announced $45 billion worth of American exports to China. Obama remarked: "We will be more prosperous and more secure when we work together."

US-China business ties seen as built on mutual collaboration Special

The business and investment communities of both China and the United States have been working for years to strengthen ties - and the answer to those closer ties may be found in change and collaborative innovation.
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A small pie chart showing off Russian exports in 2007.
A small pie chart showing off Russian exports in 2007.
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