Sinoeuropean Ecommerce Trade Hits Record High

Sinoeuropean Ecommerce Trade Hits Record High

China-Europe cross-border e-commerce has exceeded €124 billion, with an impressive annual growth rate of 12%, demonstrating strong momentum. E-commerce trade not only promotes economic growth in both regions but also fosters cooperation in digital technology, logistics, and other fields. Despite challenges such as competition and trade regulations, the future development potential of China-Europe e-commerce trade is significant and promising. The continued growth and collaboration in this sector are poised to shape the future of trade relations between China and Europe.

11/03/2025 Logistics Industry Insights
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Gunsan Port Rises As Key East Asian Trade Hub

Gunsan Port Rises As Key East Asian Trade Hub

Gunsan Port, as the fourth largest port in South Korea, boasts an excellent geographic location and natural harbor conditions. Its multimodal transport network and route layout are driving its transformation into a vital hub for East Asian trade, providing more efficient logistics solutions for import and export businesses.

05/12/2025 Port Encyclopedia
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WCO Enhances North Macedonia Customs with Tariff Training

WCO Enhances North Macedonia Customs with Tariff Training

With the support of the German Customs Cooperation Fund, the World Customs Organization (WCO) held a tariff classification workshop in North Macedonia. Focusing on dairy products, dietary supplements, and high-tech equipment, the workshop aimed to enhance the tariff classification skills of North Macedonian customs officers. This initiative seeks to facilitate international trade and promote customs modernization within the country.

01/26/2026 Customs Knowledge
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Chinaarab Park Partners with CAEXPO to Enhance Belt and Road Trade

Chinaarab Park Partners with CAEXPO to Enhance Belt and Road Trade

The China-Arab Economic and Trade Cooperation Demonstration Park and the CAEXPO Excellent Products Exhibition and Sales Center of Nanning International Convention and Exhibition Center signed a strategic cooperation agreement. This aims to deepen economic and trade linkages between China and Arab countries, as well as China and ASEAN, exploring mutually beneficial cross-border cooperation paths. Both parties will establish a cross-regional economic and trade collaboration hub between China-Arab countries and ASEAN through resource sharing, channel interconnection, and product promotion. This will help enterprises expand into international markets and promote regional economic development.

01/27/2026 Logistics Industry Insights
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Oakland Port A Hub Connecting Global Trade on the West Coast

Oakland Port A Hub Connecting Global Trade on the West Coast

Oakland Port is a key container terminal on the U.S. West Coast, strategically located and equipped with modern facilities. Over years of development, it has become a critical hub connecting North America with Asia-Pacific trade, dedicated to meeting intermodal transport needs and continually playing an important role in global trade.

07/24/2025 Port Encyclopedia
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Korea Port Association Leads Innovation in Maritime Sector

Korea Port Association Leads Innovation in Maritime Sector

Since its establishment in 1976, the Korea Port and Harbor Association (KPHA) has dedicated itself to promoting the development and collaboration of port-related industries. Through research, technology development, and international exchanges, KPHA has played a vital role in enhancing port competitiveness and supporting sustainable development, while actively cultivating talent in port management.

08/05/2025 Port Encyclopedia
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South Korea Streamlines SWIFT Codes for Global Transfers

South Korea Streamlines SWIFT Codes for Global Transfers

This article provides a comprehensive guide to finding SWIFT/BIC codes in South Korea. It covers the importance of SWIFT/BIC codes, methods for locating them, their difference from IBANs, the risks associated with using incorrect codes, and recommendations for ensuring secure and reliable cross-border money transfers. The guide aims to assist individuals and businesses in easily completing international transactions to or from South Korea, facilitating smooth and efficient cross-border payments.

09/03/2025 International Settlement
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Guide to Secure SWIFT Transfers in South Korea

Guide to Secure SWIFT Transfers in South Korea

This article delves into the significance of Korean SWIFT/BIC codes, outlining methods for finding them, their structural components, and their distinction from IBANs. It provides practical tips for verifying codes and minimizing remittance fees. The aim is to assist readers in conducting secure and efficient cross-border money transfers to and from South Korea. Understanding these codes is crucial for ensuring accurate and cost-effective international transactions involving Korean banks.

09/03/2025 International Settlement
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