Classification of Whale Oil Customs Codes

Classification of Whale Oil Customs Codes

The classification of the customs code for whale oil is crucial, as it distinguishes between endangered and non-endangered species. According to the customs import-export tariff, whale oil is coded as 1504300010 (endangered marine mammals) or 1504300090 (non-endangered marine mammals). As whales are mammals, they cannot be classified as fish oil. Selecting the accurate code requires determining the whale species or consulting professionals to comply with customs regulations.

US Services Sector Stays Strong Despite Minor ISM Decline

US Services Sector Stays Strong Despite Minor ISM Decline

Despite a slight dip, the October ISM Non-Manufacturing Index indicates continued solid expansion in the sector, marking its 81st consecutive month of growth. The index remains consistent with the average of the past 12 months, demonstrating the non-manufacturing sector's strong resilience and its significant support for US economic growth. This suggests the sector remains a key driver of the overall economy, contributing positively to its ongoing expansion.

US Services Sector Defies Summer Slowdown

US Services Sector Defies Summer Slowdown

The ISM Non-Manufacturing Report for July indicates continued solid growth in the US non-manufacturing sector, despite slight dips in some indicators. Experts suggest that these short-term fluctuations shouldn't cause undue concern, as the long-term trend remains positive. Businesses are encouraged to capitalize on opportunities presented by technological innovation and consumer upgrades to address challenges and achieve sustainable development. Expectations are high for renewed growth in the fall.

US Service Sector Hits Near Decadehigh Boosting Economy

US Service Sector Hits Near Decadehigh Boosting Economy

The US ISM Non-Manufacturing Index (NMI) surged to 56.3 in May, hitting a nearly decade-high and significantly exceeding the expansion threshold, signaling robust growth in the non-manufacturing sector. This marks the 52nd consecutive month of expansion, driven by factors including business activity, new orders, and employment indices. The strong NMI suggests a positive outlook for the US economy. However, continued monitoring of global economic risks remains crucial.

US Nonmanufacturing Sector Marks 20 Months of Growth

US Nonmanufacturing Sector Marks 20 Months of Growth

The U.S. ISM Non-Manufacturing Index (NMI) registered 52.7 in July, according to the Institute for Supply Management (ISM). Although slightly lower than the previous month, it marks the 20th consecutive month of growth. This indicates strong resilience in the non-manufacturing sector, continuously injecting momentum into economic growth and providing robust support for economic recovery. The sustained expansion highlights the sector's crucial role in bolstering the overall economic landscape.

US Nonmanufacturing Sector Expands Steadily in May ISM

US Nonmanufacturing Sector Expands Steadily in May ISM

The Institute for Supply Management (ISM) reported robust growth in the U.S. non-manufacturing sector for May, with the NMI index reaching 56.9, marking the 112th consecutive month of expansion. Eleven industries experienced growth, with a notable increase in the employment indicator. Experts suggest that despite challenges like trade tensions, consumer confidence and low inflation are providing tailwinds for the economy. Overall, the non-manufacturing sector is outperforming the manufacturing sector.

Indonesias Tiktok Shop Growth Trends and Policy Shifts

Indonesias Tiktok Shop Growth Trends and Policy Shifts

This article delves into the latest trending products on TikTok Shop Indonesia, covering eight popular categories like cosmetics, women's clothing, and shoes. It also alerts sellers to potential violations of platform rules. Furthermore, the article interprets the adjustments to the TikTok Shop commission policy in Malaysia, providing sellers with comprehensive market insights. This information helps sellers understand the dynamic e-commerce landscape and optimize their strategies for success in the Southeast Asian market.

Chinese Beauty Brands Gain Traction in Japans Competitive Market

Chinese Beauty Brands Gain Traction in Japans Competitive Market

Domestic beauty brands are exhibiting strong social media marketing performance in the Japanese market, but face competition from Korean cosmetics and challenges in building customer loyalty. To succeed, these brands need to focus on improving product quality and innovation, as well as gaining a deeper understanding of Japanese consumer needs and preferences. This includes tailoring products and marketing strategies to resonate with the specific demands and cultural nuances of the Japanese beauty market.

Douyin Ecommerce Expands Growth in 29 Key Categories

Douyin Ecommerce Expands Growth in 29 Key Categories

Douyin E-commerce Growth Drivers in 2026: Precisely targeting life scenarios and providing solutions. This includes precision in color cosmetics and skincare, personalized food and beverage, comfortable mother and baby products, emotional connection in home furnishings, focus on sports scenarios, and content-driven digital products. The strategy aims to leverage Douyin's platform to offer tailored solutions within these specific areas, driving category growth through targeted marketing and addressing consumer needs in relevant life contexts.

Rakuten Japan Guide Product Selection for 115M Users

Rakuten Japan Guide Product Selection for 115M Users

Want to tap into the Rakuten market in Japan? Product selection is key! This article delves into the consumption habits of Rakuten's main demographic – women aged 30-50 – and provides detailed product selection advice for five major categories: home appliances, apparel, 3C products, jewelry, and cosmetics. It also alerts sellers to common product selection pitfalls and shares the ultimate secrets to creating bestsellers, helping you accurately target your users and boost store sales.